What Haymaker Minerals & Royalties does

Haymaker Minerals & Royalties is a privately held, Houston-based firm that acquires and manages oil and gas mineral and royalty interests on behalf of large asset owners, including public exploration and production (E&P) companies. Founded in 2004, the company reports exposure across more than 35,000 oil and gas wells spanning over 5 million acres in every major U.S. basin, positioning itself as a consolidator and active manager of non-operating mineral and overriding royalty interest (ORRI) positions rather than an operator of wells. The firm is led by three co-founders — Karl Brensike (Managing Partner), Vasilis Mouratoff (Finance & Legal), and Doug Collins (Engineering) — and operates with a lean 1-10 employee headcount.

The company's go-to-market is enterprise B2B, relying on direct principal-led relationships with E&P strategics, mineral funds, and family offices rather than on a technology platform, marketplace, or disclosed pricing model. Revenue is generated through licensing and royalty streams tied to underlying production on the assets it manages or holds. Haymaker has also embedded itself in the upstream A&D community by founding and sponsoring several flagship industry events, including the World Oilman's Mineral & Royalty Conference (MARC, est. 2019) and the World Oilman's Poker Tournament (WOPT, est. 2007), and by holding board and sponsorship positions at WOTT and A&D SkiFest. These convening roles function as a soft distribution channel for deal flow.

No proprietary technology, software product, AI/ML capability, or external funding is disclosed. The firm is founder-owned, with no identified institutional investors, parent company, or subsidiaries, and its competitive position rests on principal reputation, decades-long industry relationships, and the informational advantage of a broadly diversified, multi-basin mineral and royalty portfolio.

Name

Haymaker Minerals & Royalties

Legal name

Haymaker Minerals & Royalties

Website

https://haymakermineralsandroyalties.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Haymaker Minerals & Royalties is a Houston-based, privately held firm that acquires and manages oil and gas mineral and royalty interests for public E&P companies and large asset owners, with a reported portfolio of 35,000+ wells and 5M+ acres across every major U.S. basin.

Ownership category

akta.pro rank

Product category

Oil and Gas Mineral and Royalty Asset Management

SIC

Oil Royalty Traders (6792), Mineral Royalty Traders (6795)

akta.pro primary industry

Real Assets — Oil & Gas / Energy Royalties (Mineral Rights, Midstream Royalties) (FSAHAIAL)

akta.pro secondary industry

Real Assets — Natural Resources & Minerals (Mining, Royalties/Streaming) (FSAHAIAK)

Keywords

• Mineral rights acquisition
• Royalty interest management
• Oil and gas assets
• Upstream energy royalties
• Mineral and royalty interests

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Mineral and Royalty Asset Management: Haymaker generates revenue through the acquisition and management of oil and gas mineral and royalty interests. The company works with public E&P companies and large asset owners to create value through strategic asset management.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Haymaker Minerals & Royalties acquires and manages oil and gas mineral and royalty interests on behalf of large asset owners, including public E&P companies. The firm has worked with public E&P companies and other large asset owners since 2004, with a portfolio spanning over 35,000 oil and gas wells covering more than 5 million acres across every major basin in the United States. Services are delivered through direct, relationship-based engagement focused on strategic options, asset divestiture, and value maximization for mineral and overriding royalty interest (ORRI) holders.

Product overview

Haymaker Minerals & Royalties is a minerals and royalties management company that has been operating since 2004. The company does not appear to offer a distinct product portfolio in the traditional SaaS or technology sense. Their core business focuses on managing and acquiring assets across over 35,000 oil and gas wells covering more than 5 million acres throughout major basins in the United States. They provide strategic options and services for oil and gas asset owners to maximize value, working with public E&P companies and large asset owners. The company is led by three founders: Karl Brensike (Managing Partner), Vasilis Mouratoff (Finance & Legal), and Doug Collins (Engineering).

Differentiator

Problem solved

Functional benefit

Products and services

• Mineral and Royalty Asset Acquisition & Management Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered minor and core.

• Independent Producers Association of America (IPAA)minorOthersKarl Brensike previously served on the Board of the IPAA, which represents thousands of independent oil and natural gas producers and service companies across the United States. IPAA is a national trade association headquartered in Washington, D.C. that advocates before Congress and federal agencies.
• The World Oilman's Mineral & Royalty Conference (MARC)coreOthersHaymaker management started the MARC in 2019 to bring more awareness to the emerging mineral and royalty sector. This conference is a key industry event founded by Haymaker.
• The World Oilman's Tennis Tournament (WOTT)minorOthersKarl Brensike is on the Board of the WOTT, which is celebrating its 42nd year as a favorite event for oil and gas executives to gather in Houston to socialize and play tennis.
• Society of Petroleum Engineers (SPE)minorOthersHaymaker management actively supports the Society of Petroleum Engineers organization and attends their events.
• American Association of Professional Landmen (APPL)minorOthersHaymaker management actively supports the American Association of Professional Landmen organization.
• A&D SkiFestminorOthersHaymaker management is an active sponsor and co-host of the annual Meagher A&D SkiFest, which brings together upstream oil and gas acquisition and divestiture specialists for a weekend of skiing and deal making.
• Youth Development Center Roast (YDC)minorOthersHaymaker management supports the annual roast of an oil & gas executive to benefit the YDC's after school literacy programs.
• Arms Wide Adoption ServicesminorOthersHaymaker management supports Arms Wide mission to transform the lives of children in need of safe and nurturing adoptive families.
• ADAM Houston – Midland – OKCminorOthersHaymaker management supports ADAM Houston – Midland – OKC organization and attends their events.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Viper Energy (Diamondback Energy subsidiary): Public mineral and royalty company sponsored by Diamondback Energy, focused on acquiring mineral interests primarily in the Permian Basin. Comparable mineral acquisition and management strategy with a public-market capital base.
• Dorchester Minerals: Long-standing publicly traded mineral and royalty owner that acquires and manages oil and gas mineral interests. Comparable counterparty profile and long-duration asset holding model.
• Black Stone Minerals: One of the largest publicly traded mineral and royalty companies in the US, holding royalty interests across major basins. Directly comparable as a mineral acquirer/manager with similar asset breadth and counterparty base.
• Sitio Royalties Corp: Public pure-play mineral and royalty company formed from the merger of Sitio Minerals and Brigham Minerals, with assets across the Permian and other major US basins. Closely comparable asset management and acquisition strategy.
• Kimbell Royalty Partners: Public mineral and royalty company focused on acquiring and managing mineral and overriding royalty interests across US basins. Directly comparable business model and customer base to Haymaker.

Emerging players

• IOCG / IOG Capital: Private energy-focused investment firm that has built a portfolio of mineral and royalty interests. Comparable as a privately held mineral acquirer competing in similar sourcing channels.

Broad incumbents

• Texas Pacific Land Corporation: Large, diversified landowner and royalty owner with a heritage Texas surface and mineral portfolio plus water and resource rights. Comparable mineral/royalty ownership business but materially larger and broader than Haymaker.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Haymaker Minerals & Royalties