US Mineral Exchange
US Mineral Exchange is a bootstrapped online marketplace founded in 2012 that connects individual mineral and royalty rights owners across US producing basins with a pre-screened network of buyers, charging a 6% buyer-paid commission at closing.
- Company typePrivate
- Founded2012
- HeadquartersTulsa, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What US Mineral Exchange does
US Mineral Exchange is a privately held, US-based online marketplace founded in 2012 that connects mineral and royalty rights owners with a nationwide network of pre-screened buyers. The platform serves individuals, families, trusts, and non-profits holding mineral interests in producing basins, including Texas, New Mexico, North Dakota, Louisiana, Montana, Oklahoma, Colorado, and Utah. Sellers reach the company through a free consultation form with no account required, while buyers must register and be approved before accessing listings. The company has helped thousands of mineral and royalty owners since inception and maintains a 4.9-star Google rating with verified customer reviews.
The core technology is a custom online marketplace platform built specifically for mineral rights transactions, featuring listing management, buyer approval workflows, email alerts, and an integrated educational content library. The platform supports featured property listings, a buyer-side listing navigator, and end-to-end transaction support including valuation guidance, required documents checklists, and closing process services. The company is led by CEO Garrett Phelan, who brings over 27 years of oil and gas industry experience and has been featured in Hart Energy, Yahoo Finance, and the Permian Basin Petroleum Association magazine.
US Mineral Exchange operates a transaction-based revenue model, charging a fixed 6% commission on the sale price that is paid by the buyer at closing. Sellers face no upfront fees or listing costs, and the company is only compensated if it secures an offer better than what the seller already holds. The business is bootstrapped with no disclosed external funding, operates without a parent company or subsidiaries, and markets through SEO, content marketing, Google Reviews, earned media, and a free consultation lead capture funnel.
US Mineral Exchange firmographics
Firmographics- Name
- US Mineral Exchange
- Legal name
- US Mineral Exchange
- Website
- https://usmineralexchange.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- US Mineral Exchange is a bootstrapped online marketplace founded in 2012 that connects individual mineral and royalty rights owners across US producing basins with a pre-screened network of buyers, charging a 6% buyer-paid commission at closing.
- Ownership category
- akta.pro rank
US Mineral Exchange industry classification
Industry- Product category
- Mineral Rights Brokerage Marketplace
- NAICS
- Wholesale Trade Agents and Brokers (42512)
- SIC
- Mineral Royalty Traders (6795)
- akta.pro primary industry
- Commodity Brokerage, Merchants & Structured Trade (Offtake, Prepay, Inventory/Collateral Mgmt) (IMAKAJAK)
Keywords
Where US Mineral Exchange is headquartered
LocationHeadquarters
- HQ city
- Tulsa
- HQ country
- United States
- HQ region
- North America
Markets served
US Mineral Exchange business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Marketing or Sales, Personnel, Technology or R&D, Operations, Others
Revenue model
- Commission on Mineral Rights Sales: The company charges a fixed 6% commission on the sale price, which is paid by the buyer at closing. Sellers pay no upfront fees or listing costs. The commission is success-based—US Mineral Exchange only gets paid if they bring sellers a better offer than what they currently have in hand.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based commission model |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
US Mineral Exchange product offering
Product offeringCore offering
US Mineral Exchange operates an online marketplace that connects owners of mineral and royalty rights with a nationwide network of pre-screened buyers. Sellers list their interests at no cost, the platform exposes those listings to thousands of qualified buyers to drive competitive bidding, and the company facilitates the sale for a 6% commission paid by the buyer at closing.
Product overview
US Mineral Exchange is a full-service mineral rights marketplace platform founded in 2012. Its core offering is a digital marketplace and listing service (Mineral Rights Marketplace / Listing Service) that connects mineral and royalty rights sellers with thousands of qualified, pre-screened buyers across the United States, enabling competitive bidding to maximize sale prices. The platform is structured as the core marketplace combined with three supporting modules: Education & Guidance Resources (free guides and in-depth articles), Mineral Rights Value & Pricing Service (market-driven valuation), and Closing Process Services (end-to-end transaction support). A Free Consultation Service provides sellers with direct expert access. The company charges no listing fees for sellers; buyers pay a 6% commission at closing.
Differentiator
Problem solved
Functional benefit
Products and services
- Mineral Rights Marketplace
- Mineral Rights Listing Service
- Free Consultation Service
Quantifiable outcome
- Sellers typically receive significantly higher offers—often double or more compared to direct mail offers
- +3 more outcomes
Companies that use US Mineral Exchange
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
US Mineral Exchange technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
US Mineral Exchange partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
US Mineral Exchange competitors and assessment
Company assessmentMarket position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
US Mineral Exchange social profiles
Digital presenceUS Mineral Exchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
US Mineral Exchange leadership team
Management profileNumber of profiles
Profiles1 record
US Mineral Exchange funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
US Mineral Exchange M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about US Mineral Exchange
What does US Mineral Exchange do?
US Mineral Exchange operates an online marketplace that connects owners of mineral and royalty rights with a nationwide network of pre-screened buyers. Sellers list their interests at no cost, the platform exposes those listings to thousands of qualified buyers to drive competitive bidding, and the company facilitates the sale for a 6% commission paid by the buyer at closing.
Is US Mineral Exchange a public or private company?
US Mineral Exchange is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was US Mineral Exchange founded?
US Mineral Exchange was founded in 2012. It employs 1 to 10 people.
Where is US Mineral Exchange based?
US Mineral Exchange is headquartered in Tulsa, United States, in the North America region.
How does US Mineral Exchange make money?
One revenue line is on record: commission on Mineral Rights Sales.
Does US Mineral Exchange have an API?
No public API is recorded for US Mineral Exchange.
What industry is US Mineral Exchange in?
US Mineral Exchange's product category is Mineral Rights Brokerage Marketplace. Its primary akta.pro industry code is IMAKAJAK, Commodity Brokerage, Merchants & Structured Trade (Offtake, Prepay, Inventory/Collateral Mgmt). Its NAICS code is 42512 and its SIC code is 6795.