Falcon Minerals Corp (OQ:FLMN)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEC
Company Contact
Address: 1845 Walnut Street, 10Th Floor
Tel: N/A
Website: N/A
Key People
Business Overview
Falcon Minerals Corporation, formerly Osprey Energy Acquisition Corp. is an oil and gas minerals company. The Company owns mineral rights positions in the core-of-the-core of the Eagle Ford Shale. The Company owns mineral, royalty, and over-riding royalty interests covering over 251,000 gross unit acres in the Eagle Ford and Austin Chalk in Karnes County, DeWitt County, and Gonzales County Texas. The Company has over 3,000 drilling locations.
Financial Overview
For the fiscal year ended 31 December 2019, Falcon Minerals Corp revenues decreased 30% to $68.5M. Net income applicable to common stockholders excluding extraordinary items decreased 84% to $14.2M. Revenues reflect Crude Oil - Production - Total decrease of 29% to 879K barrels, Oil Equivalent Production (Units/day) - decrease of 20% to 5K barrels per day. Net income also reflects Production Costs per Unit - Average - To increase of 11% to $3.75 per
Employees: 12 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $218.76M as of Dec 31, 2019
Annual revenue (TTM): $68.46M as of Dec 31, 2019
EBITDA (TTM): $49.97M as of Dec 31, 2019
Net annual income (TTM): $14.24M as of Dec 31, 2019
Free cash flow (TTM): $1.58M as of Dec 31, 2019
Net Debt Last Fiscal Year: $39.96M as of Dec 31, 2019
Shares outstanding: 92,838,716 as of Mar 6, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization