- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- DE United States of America
- IPO Date
- Sep 20, 2017
- Business
- Falcon Minerals Corporation (FLMNW) operates as a C-corporation focused on acquiring and owning mineral, royalty, and overriding royalty interests in oil and natural gas properties across North America; its core assets include approximately 256,000 gross unit acres in the Eagle Ford Shale and Austin Chalk regions of south Texas (Karnes, DeWitt, and Gonzales Counties), as well as interests covering around 95,000 gross unit acres in the Marcellus Shale spanning Pennsylvania, Ohio, and West Virginia. The company targets high-growth, oil-weighted mineral rights in premier U.S. basins such as the Eagle Ford Shale, Austin Chalk, and Marcellus Shale, generating revenue from non-operated royalty interests with operators like ConocoPhillips managing about 89% of its Eagle Ford and Austin Chalk acreage. Founded in 2016 and headquartered in Philadelphia, Pennsylvania, with prior references to Houston, Texas operations, Falcon Minerals serves institutional investors and energy operators in the upstream oil and gas sector.
FLMNW represents warrants for Falcon Minerals Corporation, expiring July 21, 2022, which traded on Nasdaq at around $0.31 prior to delisting and now appear inactive with no current trading or operational updates for the standalone entity. In a major strategic shift, Falcon Minerals completed a merger with Desert Peak Minerals in June 2022, rebranding as Sitio Royalties Corp. (NYSE: STR), which expanded its footprint to include over 139,000 net royalty acres primarily in the Permian Basin alongside Eagle Ford assets, followed by Sitio's merger with Brigham Minerals in December 2022 and Viper Energy Inc.'s acquisition of Sitio in August 2025 for $4.1 billion. These transactions rendered Falcon Minerals a legacy entity integrated into larger royalty platforms, with FLMNW warrants ceasing meaningful activity post-expiration and merger-related delistings. The combined entities post-merger emphasize shareholder returns, low-leverage operations, and scaled production of 13,000 to 15,500 barrels of oil equivalent per day from enhanced Permian and legacy assets.