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Brigham Minerals (Brigham Minerals) Momentum Rank : 0 (As of Apr. 26, 2024)


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What is Brigham Minerals Momentum Rank?

Brigham Minerals has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


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Brigham Minerals (Brigham Minerals) Business Description

Traded in Other Exchanges
N/A
Address
5914 W. Courtyard Drive, Suite 150, Austin, TX, USA, 78730
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