Brigham Minerals is a holding company. Through its subsidiaries, Co. acquires and manages a portfolio of mineral and royalty interests. Co.'s portfolio is comprised of mineral and royalty interests across six resource plays in the continental U.S., including the Delaware and Midland Basins in West Texas and New Mexico, the South Central Oklahoma Oil Province and Sooner Trend Anadarko Basin Canadian and Kingfisher Counties plays in the Anadarko Basin in Oklahoma, the Denver-Julesburg Basin in Colorado and Wyoming and the Williston Basin in North Dakota. The MNRL average annual return since 2019 is shown above.
The Average Annual Return on the MNRL average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether MNRL average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the MNRL average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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