2023 Minerals Business and Buyers Directory Cover

Minerals Business and Buyers Directory 2023

In this year's Minerals Business Report and Buyers Directory, some of the most prominent leaders in the space today share their insights regarding minerals and royalties M&A, private equity trends, and the evolving state of deal valuations. Additionally, Hart Energy editors have updated the annual directory of mineral buyers.

‘WE’RE STILL TOO SMALL’—SITIO ROYALTIES SEEKS MORE MINERAL, ROYALTY M&A
After growing into one of the nation’s largest public mineral and royalty companies last year, Sitio Royalties continues to search for growth opportunities.

PRIVATE EQUITY RETURNS WITH OPEN MINDS AND OPEN WALLETS
As private equity firms return to upstream oil and gas, firms might raise up to $15 billion for the sector, but the industry could use up to $25 billion, experts said.

MINERAL DEAL VALUATIONS, TEAMS, ARE EVOLVING
Experts say U.S. minerals and royalties teams are getting bigger, holding acreage for longer periods and being more sophisticated in their approach to M&A.

MINERAL, ROYALTY PLAYERS GAMING FOR MORE M&A AFTER $6.8 BILLION RECORD IN 2022
The value of oil and gas mineral and royalty transactions set new records last year, and dealmakers in the space are ready to up the ante.

TRANSACTION HIGHLIGHTS

BUYERS & SELLERS DIRECTORY

Mineral Deal Valuations, Teams Evolve

Experts say U.S. minerals and royalties teams are getting bigger, holding acreage for longer periods and bringing a more sophisticated approach to M&A.

Private Equity Returns to Oil and Gas Industry

As private equity firms return to upstream oil and gas, firms might raise up to $15 billion for oil and gas upstream, but the industry could use up to $25 billion, experts said.

Public Mineral, Royalty Players Eye M&A After Record 2022

After a record year for oil and gas mineral and royalty deals in 2022, public consolidators are still searching for scale through M&A, experts say.

Sitio CEO Seeks More Mineral, Royalty M&A: ‘We’re Still Too Small’

After growing into one of the nation’s largest public mineral and royalty companies last year through a $4.8 billion merger with Brigham Minerals, Sitio is searching for more deals, primarily in the Permian Basin.