Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.7 million gross acres located in 41 states in the United States. As of December 31, 2020, the company had a total estimated proved oil and natural gas reserves of 55,987 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.
IPO Year: 2015
Exchange: NYSE
Website: blackstoneminerals.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/24/2023 | Outperform → Mkt Perform | Raymond James | |
| 3/7/2023 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 2/6/2023 | Strong Buy → Outperform | Raymond James | |
| 9/20/2022 | $22.00 | Overweight | KeyBanc Capital Markets |
| 3/10/2022 | $11.00 → $13.00 | Neutral | Piper Sandler |
| 1/26/2022 | $11.00 | Neutral | Piper Sandler |
| 12/13/2021 | $17.00 → $16.00 | Strong Buy | Raymond James |
| 9/3/2021 | $11.00 → $13.00 | Equal Weight → Overweight | Wells Fargo |
| 9/2/2021 | $16.00 → $17.00 | Strong Buy | Raymond James |
| 7/27/2021 | $15.00 → $16.00 | Strong Buy | Raymond James |
SC 13G/A - Black Stone Minerals, L.P. (0001621434) (Subject)
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM", or "the Partnership") today reports its financial and operating results for the first quarter of 2025. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2025 was 34.2 MBoe/d; total production, including working-interest volumes, was 35.5 MBoe/d for the quarter. Net income for the first quarter was $15.9 million, and Adjusted EBITDA for the quarter totaled $82.2 million. Distributable cash flow was $73.7 million for the first quarter. Black Stone announced a distribution of $0.375 per unit with respect to the first quarter of 2025. Distribution coverage for all units was approxima
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the first quarter of 2025. Additionally, the Partnership announced the date of its first quarter 2025 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the first quarter of 2025, consistent with the prior quarter. Distributions will be payable on May 15, 2025, to unitholders of record on May 8, 2025. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the first quarter of 2025 after the close of trading on M
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the fourth quarter and full year of 2024 and provides guidance for 2025. Fourth Quarter 2024 Highlights Mineral and royalty production for the fourth quarter of 2024 equaled 34.8 MBoe/d; total production, including working interest volumes, was 36.1 MBoe/d for the quarter Net income for the quarter was $46.3 million. Adjusted EBITDA for the quarter totaled $90.1 million Distributable cash flow was $81.9 million for the fourth quarter Black Stone announced a distribution of $0.375 per common unit with respect to the fourth quart
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company," or "the Partnership") today declared the distribution attributable to the fourth quarter of 2024. Additionally, the Partnership announced the date of its fourth quarter and full-year 2024 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the fourth quarter of 2024, consistent with the prior quarter. Distributions will be payable on February 25, 2025, to unitholders of record on February 18, 2025. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the fourth
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the third quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the third quarter of 2024 equaled 35.3 MBoe/d; total production, including working-interest volumes, was 37.4 MBoe/d for the quarter. Net income for the third quarter was $92.7 million, and Adjusted EBITDA for the quarter totaled $86.4 million. Distributable cash flow was $78.6 million for the third quarter. Black Stone announced a distribution of $0.375 per unit with respect to the third quarter of 2024. Distribution coverage for all
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company," or "the Partnership") today declared the distribution attributable to the third quarter of 2024 and announced the date of its third-quarter earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the third quarter of 2024, consistent with the prior quarter. Distributions will be payable on November 15, 2024, to unitholders of record on November 8, 2024. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the third quarter after the close of trading on November 4, 2024
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the second quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the second quarter of 2024 equaled 38.2 MBoe/d; total production, including working-interest volumes, was 40.4 MBoe/d for the quarter. Net income for the second quarter was $68.3 million, and Adjusted EBITDA for the quarter totaled $100.2 million. Distributable cash flow was $92.5 million for the second quarter. Black Stone announced a distribution of $0.375 per unit with respect to the second quarter of 2024. Distribution covera
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company", or "the Partnership") today declared the distribution attributable to the second quarter of 2024. Additionally, the Partnership announced the date of its second quarter earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the second quarter of 2024 of $0.375 per unit. The $0.375 per unit maintains the distribution level with the first quarter of 2024. Distributions will be payable on August 16, 2024 to unitholders of record on August 9, 2024. Earnings Conference Call The Partnership is scheduled to release details r
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the first quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2024 equaled 38.1 MBoe/d, a decrease of 2% from the prior quarter; total production, including working-interest volumes, was 40.3 MBoe/d for the quarter. Net income for the first quarter was $63.9 million, and Adjusted EBITDA for the quarter totaled $104.1 million. Distributable cash flow was $96.4 million for the first quarter. Black Stone announced a distribution of $0.375 per unit with respect to the first
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company", or "the Partnership") today declared the distribution attributable to the first quarter of 2024. Additionally, the Partnership announced the date of its first quarter 2024 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the first quarter of 2024 of $0.375 per unit. Distributions will be payable on May 17, 2024 to unitholders of record on May 10, 2024. The distribution reduction primarily results from continuing pressure on natural gas prices, which the Company expects to lead to production curtailments and delays
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4 - Black Stone Minerals, L.P. (0001621434) (Issuer)
4 - Black Stone Minerals, L.P. (0001621434) (Issuer)
4 - Black Stone Minerals, L.P. (0001621434) (Issuer)
4 - Black Stone Minerals, L.P. (0001621434) (Issuer)
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Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today announces that it has entered into a development agreement with Revenant Energy ("Revenant") with respect to the Partnership's expanded Shelby Trough Haynesville and Bossier acreage, primarily located in Angelina, Nacogdoches, and San Augustine counties in Texas. Separately, the Partnership has agreed to amend the existing development agreements with Aethon Energy ("Aethon") in Angelina and San Augustine counties. As part of this amendment, Aethon will return to the Partnership highly prospective mineral acreage to support and further accelerate another potential development program in the region. Mana
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM", or "the Partnership") today reports its financial and operating results for the first quarter of 2025. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2025 was 34.2 MBoe/d; total production, including working-interest volumes, was 35.5 MBoe/d for the quarter. Net income for the first quarter was $15.9 million, and Adjusted EBITDA for the quarter totaled $82.2 million. Distributable cash flow was $73.7 million for the first quarter. Black Stone announced a distribution of $0.375 per unit with respect to the first quarter of 2025. Distribution coverage for all units was approxima
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the first quarter of 2025. Additionally, the Partnership announced the date of its first quarter 2025 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the first quarter of 2025, consistent with the prior quarter. Distributions will be payable on May 15, 2025, to unitholders of record on May 8, 2025. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the first quarter of 2025 after the close of trading on M
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the fourth quarter and full year of 2024 and provides guidance for 2025. Fourth Quarter 2024 Highlights Mineral and royalty production for the fourth quarter of 2024 equaled 34.8 MBoe/d; total production, including working interest volumes, was 36.1 MBoe/d for the quarter Net income for the quarter was $46.3 million. Adjusted EBITDA for the quarter totaled $90.1 million Distributable cash flow was $81.9 million for the fourth quarter Black Stone announced a distribution of $0.375 per common unit with respect to the fourth quart
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company," or "the Partnership") today declared the distribution attributable to the fourth quarter of 2024. Additionally, the Partnership announced the date of its fourth quarter and full-year 2024 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the fourth quarter of 2024, consistent with the prior quarter. Distributions will be payable on February 25, 2025, to unitholders of record on February 18, 2025. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the fourth
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the third quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the third quarter of 2024 equaled 35.3 MBoe/d; total production, including working-interest volumes, was 37.4 MBoe/d for the quarter. Net income for the third quarter was $92.7 million, and Adjusted EBITDA for the quarter totaled $86.4 million. Distributable cash flow was $78.6 million for the third quarter. Black Stone announced a distribution of $0.375 per unit with respect to the third quarter of 2024. Distribution coverage for all
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company," or "the Partnership") today declared the distribution attributable to the third quarter of 2024 and announced the date of its third-quarter earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the third quarter of 2024, consistent with the prior quarter. Distributions will be payable on November 15, 2024, to unitholders of record on November 8, 2024. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the third quarter after the close of trading on November 4, 2024
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the second quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the second quarter of 2024 equaled 38.2 MBoe/d; total production, including working-interest volumes, was 40.4 MBoe/d for the quarter. Net income for the second quarter was $68.3 million, and Adjusted EBITDA for the quarter totaled $100.2 million. Distributable cash flow was $92.5 million for the second quarter. Black Stone announced a distribution of $0.375 per unit with respect to the second quarter of 2024. Distribution covera
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company", or "the Partnership") today declared the distribution attributable to the second quarter of 2024. Additionally, the Partnership announced the date of its second quarter earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the second quarter of 2024 of $0.375 per unit. The $0.375 per unit maintains the distribution level with the first quarter of 2024. Distributions will be payable on August 16, 2024 to unitholders of record on August 9, 2024. Earnings Conference Call The Partnership is scheduled to release details r
Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the first quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2024 equaled 38.1 MBoe/d, a decrease of 2% from the prior quarter; total production, including working-interest volumes, was 40.3 MBoe/d for the quarter. Net income for the first quarter was $63.9 million, and Adjusted EBITDA for the quarter totaled $104.1 million. Distributable cash flow was $96.4 million for the first quarter. Black Stone announced a distribution of $0.375 per unit with respect to the first
SCHEDULE 13G/A - Black Stone Minerals, L.P. (0001621434) (Subject)
10-Q - Black Stone Minerals, L.P. (0001621434) (Filer)
DEFA14A - Black Stone Minerals, L.P. (0001621434) (Filer)
DEF 14A - Black Stone Minerals, L.P. (0001621434) (Filer)
D - Black Stone Minerals, L.P. (0001621434) (Filer)
8-K - Black Stone Minerals, L.P. (0001621434) (Filer)
10-K - Black Stone Minerals, L.P. (0001621434) (Filer)
10-Q - Black Stone Minerals, L.P. (0001621434) (Filer)
8-K - Black Stone Minerals, L.P. (0001621434) (Filer)
10-Q - Black Stone Minerals, L.P. (0001621434) (Filer)
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4 - Black Stone Minerals, L.P. (0001621434) (Issuer)
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4 - Black Stone Minerals, L.P. (0001621434) (Issuer)
4 - Black Stone Minerals, L.P. (0001621434) (Issuer)
Raymond James downgraded Black Stone Minerals from Outperform to Mkt Perform
KeyBanc Capital Markets downgraded Black Stone Minerals from Overweight to Sector Weight
Raymond James downgraded Black Stone Minerals from Strong Buy to Outperform
KeyBanc Capital Markets initiated coverage of Black Stone Minerals with a rating of Overweight and set a new price target of $22.00
Piper Sandler reiterated coverage of Black Stone Minerals with a rating of Neutral and set a new price target of $13.00 from $11.00 previously
Piper Sandler resumed coverage of Black Stone Minerals with a rating of Neutral and set a new price target of $11.00
Raymond James reiterated coverage of Black Stone Minerals with a rating of Strong Buy and set a new price target of $16.00 from $17.00 previously
Wells Fargo upgraded Black Stone Minerals from Equal Weight to Overweight and set a new price target of $13.00 from $11.00 previously
Raymond James reiterated coverage of Black Stone Minerals with a rating of Strong Buy and set a new price target of $17.00 from $16.00 previously
Raymond James reiterated coverage of Black Stone Minerals with a rating of Strong Buy and set a new price target of $16.00 from $15.00 previously