Private company

MNRL Sub Inc.

American crude petroleum and natural gas company based in Austin.

Last updated Oct 18, 2026.

Overview

$156.7MRevenue, fiscal 20212
$68.0MNet income, fiscal 20212
  • IndustryCrude Petroleum & Natural Gas
  • HeadquartersAustin, United States
  • Incorporated inDE3
  • Business address1401 Lawrence Street, Suite 1750, Denver, Co 802023
  • Filer categoryLarge accelerated filer3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

54.8%Operating margin2
43.4%Net margin2
81.7%Revenue growth, 20212
12.9%Return on equity2
0.18×Debt to equity2

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Other costs46¢$72.4M
  • Income tax10¢$16.3M
  • Profit43¢$68.0M

Out of $156.7M in revenue.2

Where each dollar of operating cash went, fiscal 2021

  • Dividends paid56¢$60.6M
  • Kept or used elsewhere44¢$48.6M

Out of $109.2M of cash from operations.2

Financial statements

Revenue452$156.7M in 2021+283% since 2017
0$50.0M$100.0M$150.0M$200.0M2017: $40.9M$40.9M20172018: $67.3M$67.3M2018+64%2019: $97.9M$97.9M2019+46%2020: $86.2M$86.2M2020−12%2021: $156.7M$156.7M2021+82%
Operating income452$85.9M in 2021−29% since 2017
-$100.0M-$50.0M0$50.0M$100.0M$150.0M2017: $121.2M$121.2M20172018: $39.2M$39.2M2018−68%2019: $37.2M$37.2M2019−5%2020: -$70.3M-$70.3M20202021: $85.9M$85.9M2021
Net income452$68.0M in 2021−41% since 2017
-$100.0M-$50.0M0$50.0M$100.0M$150.0M2017: $115.6M$115.6M20172018: $32.8M$32.8M2018−72%2019: $21.6M$21.6M2019−34%2020: -$58.0M-$58.0M20202021: $68.0M$68.0M2021
Fiscal year201620172018201920202021
Revenue$40.9M4$67.3M5$97.9M2$86.2M2$156.7M2
Operating income$121.2M4$39.2M5$37.2M2-$70.3M2$85.9M2
Income tax$1.0M4$327.0K5$2.7M2-$12.8M2$16.3M2
Net income$115.6M4$32.8M5$21.6M2-$58.0M2$68.0M2
Earnings per share$0.004$0.005$0.262-$1.112$1.132
Earnings per share (diluted)$0.004$0.005$0.262-$1.112$1.102

Compare MNRL Sub Inc. with another company

Leadership

Who has led MNRL Sub Inc., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Kari Arneil Potts2020
20202025
Board members and other officers (18)

Former names

  • Brigham Minerals, Inc.Jul 17, 2018 to Jan 3, 20233

Timeline

  1. Apr 17, 2019New chief executive Robert M. Roosa becomes CEO9
  2. Jun 29, 2018Founded MNRL Sub Inc. is founded29

Filings

111 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 21 major events, 59 insider forms, 8 large holders, 18 other. The latest 20:

  1. Jan 31, 2023SC 13G/A SC 13GA EDGAR
  2. Jan 11, 2023EFFECT EDGAR
  3. Jan 11, 2023EFFECT EDGAR
  4. Jan 10, 2023SC 13G/A EDGAR
  5. Jan 9, 202315-12G EDGAR
  6. Jan 5, 2023POS AM EDGAR
  7. Jan 5, 2023POS AM EDGAR
  8. Jan 5, 2023S-8 POS EDGAR
  9. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  10. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  11. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  12. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  13. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  14. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  15. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  16. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  17. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  18. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  19. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  20. Jan 3, 20234 FORM 4 SUBMISSION EDGAR

The 111 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 8 such filings since October 2021:

  1. Jan 31, 2023SC 13G/A
  2. Jan 10, 2023SC 13G/A
  3. Jul 11, 2022SC 13G/A
  4. Feb 10, 2022SC 13G/A
  5. Feb 10, 2022SC 13G/A
  6. Feb 9, 2022SC 13G/A
  7. Feb 9, 2022SC 13G/A
  8. Feb 4, 2022SC 13G

From Forms 4 and Schedules 13D and 13G filed with the SEC.