The lawsuit, filed Tuesday, targets Falcon's board, its operating subsidiary, and an affiliate of Desert Peak Minerals Inc., the company it's set to . MONSEY, New York, Jan 18, 2022 (GLOBE NEWSWIRE via COMTEX) -- MONSEY, New York, Jan. 18, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is. The Company also owns approximately 80,000 gross unit acres . Falcon Minerals Corporation . Find the latest news for Falcon Minerals Corp. Class A Stock on our page and stay on top of the game. Who owns FALCON MINERALS? Get the latest Black Stone Minerals LP (BSM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. In February, Falcon Minerals Corp stock was trading at $5.52 per share and had a frothy dividend yield of 11.2%. Falcon Minerals Corp (FLMN) latest news, insider trading and hedge fund ownership data provided by Insider Monkey. February 21, 2022. Kirkland and Ellis advised Blackstone in the transaction. Osprey and Blackstone said Falcon Minerals will have an enterprise value of . Print. And I know Blackstone Minerals, who is, obviously, much larger, had a significant reduction . Kirkland & Ellis counseled Blackstone in connection with Falcon Minerals Corporation's (NASDAQ: FLMN, FLMNW) entry into a definitive agreement to combine with Desert Peak Minerals in an all-stock transaction which values the combined enterprise at $1.9 billion. Wall Street brokerages expect Falcon Minerals Co. ( NASDAQ:FLMN - Get Rating) to announce $27.00 million in sales for the current fiscal quarter, Zacks reports . Analyst Recommendations on FALCON MINERALS CORPORATION: 10:26a: Wells Fargo Adjusts Falcon Minerals' Price Target to $7 from $5, Keeps Equalweight Rati.. MT. Corporate Profile. The transaction will mark the next chapter . Blackstone will retain a significant ownership stake in Falcon Minerals at closing representing approximately 47% of outstanding common stock. HOME. Over the last three months, FLMN stock has advanced 30% in price. This Shareholders' Agreement (this "Agreement") is entered into as of August 23, 2018 by and among Falcon Minerals Corporation, a Delaware corporation formerly named Osprey Energy Acquisition Corp. (the "Company"), Osprey Sponsor, LLC, a Delaware limited liability company ("Osprey Sponsor"), Edward Cohen, Jonathan Z. Cohen, Daniel C. Herz, Jeffrey F . Under the Shareholders' Agreement, the parties thereto agreed to use reasonable best efforts, and . HOUSTON -- (BUSINESS WIRE)--Apr. Moreover, its quarterly dividend has risen 80% year-over-year and 24% quarter-over-quarter to $0.18 per share, for a yield of 7.9%. ("Osprey Sponsor"), Royal, Royal GP and Blackstone Management Partners, L.L.C. Kirkland & Ellis counseled Blackstone in connection with Falcon Minerals Corporation's (NASDAQ: FLMN, FLMNW) entry into a definitive agreement to combine with Desert Peak Minerals in an all-stock transaction which values the combined enterprise at $1.9 billion. Vinson & Elkins represented Desert Peak and Kimmeridge. Falcon is an Up-C-Corporation formed to own and acquire high-quality, oil-weighted mineral rights. The deal would result in a combined entity called Falcon Minerals Corp., which would have an asset footprint in the Eagle Ford and Austin Chalk shale plays of 251,000 gross unit mineral acres. About Wohl & Fruchter A number of research analysts have weighed in on the company. falcon minerals corporation reports first quarter 2022 production and declares quarterly dividend increase of 24% HOUSTON, TX - May 4, 2022 - Falcon Minerals Corporation ("Falcon," or the "Company," "we," "our,") (NASDAQ: FLMN, FLMNW) , a leading oil and gas minerals company, today announces the first quarter 2022 production . Falcon Minerals collects fees, which provide it with immediate and reliable cash flow that it uses to pay ultra-high-yield dividends. The lawsuit, filed Tuesday, targets Falcon's board, its operating subsidiary, and an affiliate of Desert Peak Minerals Inc., the company it's set to . Black Stone Minerals owns and manages roughly 20 million acres of oil and gas mineral and royalty assets, one of the leading portfolios in the U.S. Over 20 Million Acres of Opportunity NYSE: BSM $16.44 0.9% And about a quarter of another peer of ours, who is about the same size. Falcon Minerals is an oil & gas minerals company which owns mineral rights positions in the "core-of-the-core" of the Eagle Ford Shale in south Texas. On February 17, the trust announced that its board declared a dividend of $0.145 per share, for a yield of 11.2%. Desert Peak Minerals and Falcon Minerals Corporation (NASDAQ: FLMN) announced today that they have entered into a definitive agreement to combine in an all-stock transaction which values the combined enterprise at $1.9 billion. Falcon Minerals will hold more than 250,000 net acres of oil and gas mineral and royalty interests in South Texas. The combined company, which will be named Falcon Minerals Corporation ("Falcon Minerals"), will be led by Osprey's management . By Laura Testa Latham & Watkins advised Falcon, and White & Case advised the Transaction . Blackstone will contribute the Royal Resources assets to Falcon Minerals Operating Partnership in exchange for USD 400m of cash and 40m of common units of Falcon Minerals Operating Partnership. Falcon Minerals reported sales of $16.16 million during the […] 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 . Falcon approves dividend of $0.095 per share, or $0.90 per share on an annualized basis, for the Company's initial period from August 23 rd to September 30 th, 2018 L.P. Blackstone Management Partners, LLC and Riverbend Oil & Gas, L.L.C 12/34/56. gives value. Additionally, the Partnership announced the date of its first quarter 2022 earnings call. Desert Peak Minerals' $1.9 Billion Merger With Falcon Minerals Corporation. HOUSTON--(BUSINESS WIRE)--Jun. To finance the transaction, Osprey has entered into agreements to sell in a private placement approximately 11.5m shares of its class A common stock at . The combined mineral and royalty company will have an enterprise value of $1 . Osprey Energy Acquisition Corp. and Blackstone's Royal Resources to Form Falcon Minerals Corporation, an Oil-Weighted Minerals Company. )* Falcon Minerals Corporation (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of . The acquired Royal assets represent the entirety of Blackstone's mineral interests in the Eagle Ford Shale, and the transaction will create a company with a total enterprise value of approximately $894 million. Desert Peak Minerals ("Desert Peak") and Falcon Minerals Corporation (NASDAQ:FLMN,FLMNW) ("Falcon") have entered into a definitive agreement to combine in an all-stock transaction that will see the joint venture valued at $1.9 billion. Van Syoc, Doug E. Bacon, Debbie P. Yee, David M. Thompson, Randy Santa Ana, Michael Wayne Rigdon and Atma Kabad of Kirkland & Ellis LLPacted as Legal advisor to Blackstone, partial owner of Falcon Minerals. Class A Common Stock. FLMN / Falcon Minerals Corp / Blackstone Holdings III L.P. - SCHEDULE 13D Activist Investment. Two analysts have made estimates for Falcon Minerals' earnings, with estimates ranging from $22.00 million to $32.00 million. Falcon Minerals (Nasdaq: FLMN) is a C-corporation formed to manage and acquire high growth oil-weighted mineral rights in premier U.S. basins. Falcon Minerals Corporation. Royal Resources LP is the largest individual FALCON MINERALS shareholder, owning 55.20M shares representing 63.81% of the company. EX-10.4 DENVER, June 07, 2022--Desert Peak Minerals ("Desert Peak") and Falcon Minerals Corporation ("Falcon") today announced the successful completion of their merger, creating Sitio Royalties Corp . 25, 2022-- Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the first quarter of 2022. He began his career at Lazard Ltd. Mr. Jenkins received a BA, summa cum laude in Philosophy from Yale College, and a JD, magna cum laude from Harvard Law School . ("Osprey Sponsor"), Royal, Royal GP and Blackstone Management Partners, L.L.C. Under the Shareholders' Agreement, the parties thereto agreed to use . Further, according to SEC filings, Royal Resources L.P. ("Royal"), an affiliate of Blackstone currently owns 40.6% of the voting power of Falcon, and has entered into a support agreement . DENVER, June 07, 2022--Desert Peak Minerals ("Desert Peak") and Falcon Minerals Corporation ("Falcon") today announced the successful completion of their merger, creating Sitio Royalties Corp . We are investigating whether the directors of Falcon Minerals (Nasdaq: FLMN) ("Falcon") acted in the best interests of FLMN shareholders in approving a merger with privately-held Desert Peak Minerals ("Desert Peak"). Blackstone will have the right to designate a certain number of individuals for nomination by the board to be elected by the Company's stockholders, and a certain number of independent directors will serve on the board, based on the percentage of the voting . The three largest operators on Falcon Minerals' lands are ConocoPhillips, EOG . Desert Peak Minerals and Falcon Minerals Corporation to Combine in $1.9 Billion All-Stock Merger, Creating a Premier, Shareholder Returns-Driven Mineral and Royalty Consolidation Company . About Wohl & Fruchter Management Group . Falcon Minerals Corp. investors filed suit in Delaware, seeking to block any shareholder vote on its planned $1.9 billion merger with another Blackstone Group LP affiliate over disclosures that allegedly hid key details about the transaction.. Desert Peak Minerals ("Desert Peak") and Falcon Minerals Corporation (NASDAQ: FLMN, FLMNW) ("Falcon") have entered into a definitive agreement to combine in an all-stock transaction which values the combined enterprise at $1 . Falcon Minerals Corp. investors filed suit in Delaware, seeking to block any shareholder vote on its planned $1.9 billion merger with another Blackstone Group LP affiliate over disclosures that allegedly hid key details about the transaction.. Herz has served as Falcon Minerals' CEO since its formation in 2018 through the acquisition by its predecessor of Blackstone Energy Partners' entire portfolio of minerals assets in South Texas. . Preferred Stock. Of the 112 institutional investors that purchased Falcon Minerals stock in the last 24 months, the following investors and hedge funds have bought the highest volume of shares: Blackstone Group Inc. ($35.20M), Goldman Sachs Group Inc. ($2.20M), Nantahala Capital Management LLC ($1.36M), Renaissance Technologies LLC ($1.15M), JPMorgan Chase & Co. ($1.06M), Marshall Wace LLP ($0.92M), and . Desert Peak Minerals and Falcon Minerals Corporation (FLMN) to Combine in $1.9 Billion All-Stock Merger. Our Aproach Falcon Minerals acquired the Eagle Ford Shale position in June 2018 from Blackstone Mineral Partners, L.L.C., a wholly-owned subsidiary of Blackstone Energy The Eagle […] Falcon Minerals owns mineral, royalty, and over-riding royalty interests covering approximately 256,000 gross unit acres in the Eagle Ford Shale and Austin Chalk in Karnes, DeWitt, and Gonzales Counties in Texas. Falcon Minerals owns mineral, royalty, and over-riding royalty interests covering approximately 256,000 gross unit acres in the Eagle Ford Shale and Austin Chalk in Karnes, DeWitt and Gonzales Counties in Texas. Falcon reported that all of the various proposals giving effect to the previously . Falcon Minerals Corporation, formerly Osprey Energy Acquisition Corp. is an oil and gas minerals company. Posted by admin on Jun 6th, 2022. Falcon owns mineral, royalty, and over-riding royalty interests covering over 21,000 NRAs in the . Osprey Energy Acquisition Corp. announced today that it has reached a definitive agreement to acquire assets held by Royal Resources, a Blackstone owned entity, in exchange for $400 million cash . Blackstone will contribute the Royal Resources assets - which represent all of the private equity firm's mineral interests in the Eagle Ford - in exchange for $400 million in cash and 40 million shares of the newly named company, Falcon Minerals Corp. . Falcon Minerals owns mineral, royalty, and over-riding royalty interests covering 251,000 gross unit acres in the Eagle Ford and Austin Chalk in Karnes County, DeWitt County, and Gonzales County . Falcon Minerals acquired the Eagle Ford Shale position in June 2018 from Blackstone Mineral Partners, L.L.C., a wholly-owned subsidiary of Blackstone Energy. Toggle menubar; Trading Ideas . Falcon owns mineral, royalty and over-riding royalty interests covering over 256,000 gross unit acres in the core of the Eagle Ford Shale in south Texas, as well as mineral interests in . The acquired Royal assets will create a company with a total enterprise value of approximately $894 million. Toggle Search. To receive more information regarding the investigation of Osprey Energy Acquisition Corp. please fill out the form below. SHAREHOLDERS' AGREEMENT . ("Blackstone"). . The deal is expected to close in the second quarter of 2022. Carter founded Black Stone Energy Company, BSMC's operating and exploration subsidiary, in 1980. Blackstone announced the formation of Blackstone Life Sciences Yield ("BXLS Yield"), Blackstone's inaugural royalty and structured credit-focused life sciences fund. About Falcon Minerals. degrees from the University of Texas . By roughly 1 p.m. today, the stock had regained some of the . Blackstone also could earn an additional 10 million common units if Falcon's common stock trades above $12.50/share for 30 days on a volume-weighted average basis, and another 10 million common . About Wohl & Fruchter 2018-06-04 sec.gov - Exhibit 99.2 Osprey Energy Acquisition Corp. and Blackstone's Royal Resources Announce Combination to Form Falcon Minerals Corporation, a Publicly Traded Oil-Weighted Minerals Company Combination to create the first public minerals company with oil-weighted assets concentrated in the core-of-the-core Eagle Ford Shale Falcon Minerals will . Falcon and Denver-based Desert Peak Minerals will combine in an all-stock transaction, the companies announced Jan. 12. HOME. The combination is expected to create a premier mineral and royalty company at the . Blackstone, which currently owns 40.6% of the voting power of Falcon, has entered into . The transaction with Desert Peak will mark the next chapter for Falcon Minerals, which formed in 2018 through an $800 million combination with Blackstone's royalty business.
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