At the inaugural World Oilman's Mineral & Royalty Conference(MARC)in Houston in April,these executives from four publicly held mineral companies discussed where the space is today,their companies’positions and what they foresee for the future.Now that several with different strategies have gone public,the investor has choices,such as pure-play,diversified,Permian or non-Permian.The public companies’total market cap was more than $10 billion in late May,including the units in the recent IPO of Brigham Minerals Inc.Sources said the market could easily grow to $15 billion by 2020.They estimate the size of the U.S.market is $590 billion,yet only about 2% of that is public.Moderating the discussion was Tim Perry,global co-head of oil and gas for Credit Suisse.These are some excerpts.
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