▲ +31.27% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Brigham Minerals in the last 3 months. The average price target is $14.40, with a high forecast of $18.00 and a low forecast of $11.00. The average price target represents a 31.27% upside from the last price of $10.97.
The current consensus among 11 investment analysts is to buy stock in Brigham Minerals.
Brigham Minerals, Inc. owns and operates a portfolio of mineral and royalty interests in the continental United States. The company primarily holds mineral and royalty interests in the Permian Basin in West Texas and New Mexico; the South Central Oklahoma Oil Province and Sooner Trend Anadarko Basin Canadian and Kingfisher Counties plays in the Anadarko Basin of Oklahoma; the Denver-Julesburg Basin in Colorado; and Wyoming and the Williston Basin in North Dakota. As of December 31, 2019, it had mineral and royalty interests in approximately 57,800 net mineral acres; and owned mineral and royalty interests in 4,908 gross productive horizontal wells, which consisted of 4,424 oil wells and 484 natural gas wells, as well as proved undeveloped reserves of 7,037 thousand barrels of oil; 28,498 million cubic feet of natural gas; and 3,344 thousand barrels of natural gas liquids for a total of 15,131 thousand barrels of oil equivalent. Brigham Minerals, Inc. was founded in 2012 and is headquartered in Austin, Texas.