Brigham Minerals, Inc. (MNRL) Financial Statements (2024 and earlier)

Company Profile

Business Address 5914 W. COURTYARD DRIVE
AUSTIN, TX 78730
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2022
MRQ
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 20,8199,14451,133
Cash and cash equivalents 20,8199,14451,133
Restricted cash and investments 200  
Receivables 30,53917,63230,291
Other undisclosed current assets 3,1453,6931,688
Total current assets: 54,70330,46983,112
Noncurrent Assets
Operating lease, right-of-use asset 6,764  
Property, plant and equipment 2,0605,5875,095
Oil and gas property, full cost method 732,139623,846679,622
Deferred income tax assets 25,30824,92018,823
Other noncurrent assets 1,1837711,213
Other undisclosed noncurrent assets (1,280)(4,632)(3,703)
Total noncurrent assets: 766,174650,492701,050
TOTAL ASSETS: 820,877680,961784,162
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 20,4737,90511,533
Other undisclosed accounts payable and accrued liabilities 20,4737,90511,533
Other undisclosed current liabilities 1,178  
Total current liabilities: 21,6517,90511,533
Noncurrent Liabilities
Long-term debt and lease obligation 98,74220,000 
Long-term debt, excluding current maturities 93,00020,000 
Liabilities, other than long-term debt 8101,126803
Other liabilities 8101,126803
Operating lease, liability 5,742  
Total noncurrent liabilities: 99,55221,126803
Total liabilities: 121,20329,03112,336
Temporary equity, carrying amount  146,280454,507
Equity
Equity, attributable to parent, including: 526,429505,650317,319
Treasury stock, value (3,527)(3,527) 
Additional paid in capital 634,564601,129323,578
Accumulated deficit (105,096)(92,392)(6,599)
Other undisclosed equity, attributable to parent 488440340
Equity, attributable to noncontrolling interest 173,245  
Total equity: 699,674505,650317,319
TOTAL LIABILITIES AND EQUITY: 820,877680,961784,162

Income Statement (P&L) ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
Revenues 161,21791,723101,515
Cost of revenue
(Cost of Goods and Services Sold)
 (36,677)(48,238)(30,940)
Gross profit: 124,54043,48570,575
Operating expenses (75,290)(162,017)(64,297)
Other undisclosed operating income 36,67748,23830,940
Operating income (loss): 85,927(70,294)37,218
Nonoperating income (expense) 53428(399)
Investment income, nonoperating   (568)
Other nonoperating income 53428169
Interest and debt expense  (300)(6,892)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (590)(5,609)
Income (loss) from continuing operations before equity method investments, income taxes: 85,980(70,756)24,318
Other undisclosed loss from continuing operations before income taxes (1,701)  
Income (loss) from continuing operations before income taxes: 84,279(70,756)24,318
Income tax expense (benefit) (16,253)12,762(2,679)
Income (loss) from continuing operations: 68,026(57,994)21,639
Income (loss) before gain (loss) on sale of properties:68,026(57,994)21,639
Net income (loss) attributable to parent: 68,026(57,994)21,639
Preferred stock dividends and other adjustments  15,582(9,646)
Other undisclosed net loss available to common stockholders, basic (17,743) (5,092)
Net income (loss) available to common stockholders, basic: 50,283(42,412)6,901
Other undisclosed net loss available to common stockholders, diluted   (848)
Net income (loss) available to common stockholders, diluted: 50,283(42,412)6,053

Comprehensive Income ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
Net income (loss): 68,026(57,994)21,639
Comprehensive income (loss), net of tax, attributable to parent: 68,026(57,994)21,639

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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