| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
REVENUES | ||||||
Mineral and royalty revenues | ||||||
97,886 | 59,758 | 30,066 | ||||
Lease bonus and other revenues | ||||||
3,629 | 7,506 | 10,842 | ||||
Total revenues | ||||||
101,515 | 67,264 | 40,908 | ||||
Gain on sale of oil and gas properties, net | ||||||
0 | 0 | 94,551 | ||||
OPERATING EXPENSES | ||||||
Gathering, transportation and marketing | ||||||
4,985 | 3,944 | 1,754 | ||||
Severance and ad valorem taxes | ||||||
6,409 | 3,536 | 1,601 | ||||
Depreciation, depletion and amortization | ||||||
30,940 | 13,915 | 6,955 | ||||
General and administrative | ||||||
21,963 | 6,638 | 3,935 | ||||
Total operating expenses | ||||||
64,297 | 28,033 | 14,245 | ||||
NET INCOME FROM OPERATIONS | ||||||
37,218 | 39,231 | 121,214 | ||||
Loss on derivative instruments, net | ||||||
-568 | 424 | -121 | ||||
Interest expense, net | ||||||
-5,609 | -7,446 | -556 | ||||
Loss on extinguishment of debt | ||||||
-6,892 | 0 | 0 | ||||
Gain (loss) on sale and distribution of equity securities | ||||||
0 | 823 | -4,222 | ||||
Other income, net | ||||||
169 | 110 | 305 | ||||
Income before income taxes | ||||||
24,318 | 33,142 | 116,620 | ||||
Income tax expense | ||||||
2,700 | 300 | 1,000 | ||||
NET INCOME | ||||||
21,639 | 32,815 | 115,612 | ||||
Less: Net income attributable to temporary equity | ||||||
5,092 | 30,976 | 115,612 | ||||
Less: net income attributable to temporary equity | ||||||
9,646 | 0 | 0 | ||||
Net income attributable to Brigham Minerals, Inc. shareholders | ||||||
6,901 | 1,839 | 0 | ||||
NET INCOME PER COMMON SHARE | ||||||
Basic (in dollars per share) | ||||||
0.26 | 0.00 | 0.00 | ||||
Diluted (in dollars per share) | ||||||
0.26 | 0.00 | 0.00 | ||||
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING | ||||||
Basic (in shares) | ||||||
22,870 | 0 | 0 | ||||
Diluted (in shares) | ||||||
22,870 | 0 | 0 | ||||