Company Description
Bounty Minerals is a natural gas-focused minerals company.
We own, acquire and manage mineral interests in the Appalachian Basin with the objective of growing cash flow from our existing portfolio for distribution to stockholders.
Our initial target area was guided by a strong technical team that identified the areas of the basin we believe have the highest potential economics, enabling us to acquire our current holdings of approximately 65,000 net mineral acres.
Our focus has been on acquiring primarily non-producing minerals in developing shale plays, which has allowed us to deliver significant organic production and cash flow growth as operators have increasingly developed the core of the basin.
We expect this to continue as only 17% of our existing portfolio by identified net proved, probable and possible (“3P”) locations have been developed as of June 30, 2022, which does not include the additional resource potential in our stacked pay areas.
Our assets are exclusively mineral interests, which entitle us to the right to receive a share of recurring revenues from production without being subject to development capital requirements, operating expenses, or maintenance capital requirements.
Mineral ownership results in higher cash flow margins than any other portion of the energy sector by providing exposure to commodity prices and minimizing operating expense while limiting exposure to service and development cost inflation.
| Country | United States |
| Founded | 2012 |
| Industry | Energy |
| Sector | Oil, Gas & Consumable Fuels |
| Employees | 13 |
| CEO | Tracie Palmer |
Contact Details
Address: 777 Main Street, Suite 3400 Fort Worth, TX 76102 United States | |
| Phone | (817) 332-2700 |
| Website | bountyminerals.com |
Stock Details
| Ticker Symbol | BNTY |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001935398 |
| SIC Code | 1311 |
Key Executives
| Name | Position |
|---|---|
| I. Jon Brumley | Executive Chairman |
| Tracie Palmer | Chief Executive Officer and President |
| Kathy Van Zandt | Chief Financial Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 17, 2023 | S-1/A | [Amend] General form for registration of securities under the Securities Act of 1933 |
| Dec 1, 2022 | S-1/A | [Amend] General form for registration of securities under the Securities Act of 1933 |
| Nov 9, 2022 | S-1 | General form for registration of securities under the Securities Act of 1933 |
| Oct 3, 2022 | DRS/A | [Amend] [Cover] Draft Registration Statement |
| Aug 31, 2022 | DRS/A | [Amend] [Cover] Draft Registration Statement |
| Jul 1, 2022 | DRS | [Cover] Draft Registration Statement |