|Bid||4.9100 x 1400|
|Ask||5.4000 x 1000|
|Day's range||4.9400 - 5.0700|
|52-week range||3.0500 - 6.5800|
|Beta (5Y monthly)||1.91|
|PE ratio (TTM)||41.50|
|Earnings date||01 Mar 2022 - 07 Mar 2022|
|Forward dividend & yield||0.62 (12.23%)|
|Ex-dividend date||22 Nov 2021|
|1y target est||6.86|
The energy royalty company dropped as it agreed to merge with another company, with the pair hoping to bulk up for even more acquisitions.
DENVER & HOUSTON, January 12, 2022--Desert Peak Minerals ("Desert Peak") and Falcon Minerals Corporation (NASDAQ: FLMN, FLMNW) ("Falcon") 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. The combination is expected to create a premier mineral and royalty company at the front end of operators’ cost curves, with low leverage, an emphasis on shareholder returns and a significant footprint
It is hard to get excited after looking at Falcon Minerals' (NASDAQ:FLMN) recent performance, when its stock has...