Price of oil stagnates
When the price of oil stagnates it can create issues for mineral owners. The price of oil settled up 1.7% last week to end at $45.70. Oil started the year by dropping quickly over the first few months. Around March mineral owners started to notice a sharp decline in royalty checks. Over the following few months oil was able to stage a come back. Oil bounced to around $60/barrel. This provided mineral owners with a temporary relief and put a few more dollars in their pocket.
Fast forward to today and price have been hovering around $45 after the dropped from $60/barrel. This leaves mineral owners who rely on their royalties in an uncomfortable position. The royalty checks you were receiving at the end of 2014 and beginning of 2015 have gone down significantly. This decline is a direct result of the price of oil. When the price of oil stagnates at lower levels it can be harmful to your royalty checks.
Sell Royalties for a lump sum
If you want to sell royalties and get a lump sum you can avoid the fluctuating price of oil. When you sell royalties it allows you to pocket a guaranteed amount of cash. This means you don’t have to worry about the price of oil. In addition, it allows you to put that cash to work in other places.
If you are thinking about selling royalties, you may be curious about the value. Here are a couple articles that will tell you how royalties are valued and how market value is determined:
As you consider whether to sell mineral rights, you should take oil price into account. There are many buyers who are still out there that want to buy royalties. Continue reading our blog for additional information that could help you sell royalties for the highest value.
Contact US Mineral Exchange:
If you have questions about your mineral rights, we’re here to help! We speak with mineral owners every day and we look forward to hearing from you. Please don’t hesitate to fill out the form below with any questions and our friendly team will respond quickly.
The more information you can provide about your property the better! We can give you a better idea about the value of selling mineral rights if you provide more information. The most important thing we need is for you to answer the questions and provide your state and county.
If you have the required documents to list, providing those is extremely helpful!
Absolutely not! When you inquire at US Mineral Exchange we will not be putting any pressure on you to sell. We will help answer any questions you have whether you are interested in selling or not.
At US Mineral Exchange, we take privacy very seriously. We will NEVER sell your information or use it without your consent. When you send us documentation or tell us about your property, that information does not go outside our company without your consent. Even when you list a property for sale on our website, we strictly control who has access to the information about your listing so that only legitimate buyers will be able to see property details.
Many mineral owners make the mistake of getting an offer and quickly selling. They then accept an offer far below market value because they felt pressure to sell. There is nearly always a better price available.
Imagine you were selling a home. Would you get the best price from a random person who walks up and makes you an offer? No way! Now imagine you list the home on the MLS where thousands of potential buyers know your house is for sale. The key to getting the best price is competition. Our guide to selling mineral rights explains everything.
The reason that so many mineral owners decide to sell mineral rights at US Mineral Exchange is access to our large network of mineral rights buyers. Our goal is to help you get top dollar for selling mineral rights by getting your property in front of a huge audience of buyers. This allows buyers to compete against one another which ensures you get fair market value for selling mineral rights.
There are absolutely no cost to list your property. When you locate a buyer by listing your property with us, we are paid a commission directly by the buyers closing agent. This means you never have any out of pocket expenses ever. We only get paid if we can get you a better price than the current offer you have in hand.
More Content from
US Mineral Exchange
Download our free mineral rights guide now! Learn more about your mineral rights.