Brigham Minerals (Brigham Minerals) 6-1 Month Momentum % : 30.78% (As of Apr. 26, 2024)

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What is Brigham Minerals 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-26), Brigham Minerals's 6-1 Month Momentum % is 30.78%.

The industry rank for Brigham Minerals's 6-1 Month Momentum % or its related term are showing as below:

MNRL's 6-1 Month Momentum % is not ranked
in the Oil & Gas industry.
Industry Median: 0.31 vs MNRL: 30.78

Competitive Comparison of Brigham Minerals's 6-1 Month Momentum %

For the Oil & Gas E&P subindustry, Brigham Minerals's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brigham Minerals's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Brigham Minerals's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Brigham Minerals's 6-1 Month Momentum % falls into.

Brigham Minerals (NYSE:MNRL) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brigham Minerals (NYSE:MNRL) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Brigham Minerals 6-1 Month Momentum % Related Terms

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Brigham Minerals (Brigham Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Brigham Minerals Inc (NYSE:MNRL) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5914 W. Courtyard Drive, Suite 150, Austin, TX, USA, 78730

Website

https://www.brighamminerals.com

Brigham Minerals Inc is a mineral acquisition company focused on acquiring oil and gas mineral rights in the United States. Its portfolio is comprised of mineral and royalty interests in the continental United States, including the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the Denver-Julesburg Basin in Colorado and Wyoming and the Williston Basin in North Dakota.

Executives

Stacy Hock	director	3331 WESTLAKE DRIVE, AUSTIN TX 78746
Gayle Burleson	director	ONE CONCHO CENTER, 600 WEST ILLINOIS AVENUE, MIDLAND TX 79701
Jon-al Duplantier	director	C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
A Lance Langford	director	6300 BRIDGE POINT PARKWAY, BLDG 2 SUITE 500, AUSTIN TX 78730
Ivan Alexandrov Gaidarov	officer: VP & Chief Accounting Officer	5914 W. COURTYARD DRIVE, SUITE 200, AUSTIN TX 78730
Robert M. Roosa	director, officer: Chief Executive Officer	5914 WEST COURTYARD DRIVE, SUITE 100, AUSTIN TX 78730
Pbra, Llc	director	C/O PINE BROOK ROAD PARTNERS, LLC, 60 EAST 42ND STREET, SUITE 3014, NEW YORK NY 10165
Blake C. Williams	officer: Chief Financial Officer	5914 WEST COURTYARD DRIVE, SUITE 100, AUSTIN TX 78730
Keenan W Howard Jr	director	410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Kari Arneil Potts	officer: See Remarks	6300 BRIDGE POINT PARKWAY, BUILDING TWO, SUITE 500, AUSTIN TX 78730
Ben M Brigham	director, officer: Executive Chairman	6300 BRIDGE POINT PKWY, BLDG 2 STE 500, AUSTIN TX 78730
James R. Levy	director	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus & Co Us, Llc	director	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
John A. Holland	director	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
John R Sult	director	1001 LOUISIANA STREET, HOUSTON TX 77002