ARTESIA, New Mexico (Reuters) - Charlie Barrett walks through an oilfield in New Mexico's southeastern desert, where the air smells of rotten eggs and old pumpjacks sit among shrub oaks, and turns on an infrared camera that can detect emissions from oil and gas equipment. | 07:19am
Charlie Barrett walks through an oilfield in New Mexico's southeastern desert, where the air smells of rotten eggs and old pumpjacks sit among shrub oaks, and turns on an infrared camera that can detect emissions from oil and gas equipment.
Sitio Royalties Corp. and Brigham Minerals, Inc. today announced that they have entered into a definitive agreement to combine in an all-stock merger, with an aggregate enterprise value of. | September 6, 2022
Sitio Royalties Corp. and Brigham Minerals Inc. said Tuesday they have agreed to merge in a roughly $4.8 billion, all-stock transaction. The combined firm
"We believe the merger is the logical next step in the continued evolution of the minerals space and creates an entity of scale with ever improving liquidity and float, as well as a streamlined cost structure that further reinforces the scalability of our industry," Brigham CEO Rob Roosa said of the company's merger with Sitio Royalties.