Black Stone Minerals, L.P. (BSM)

Market Cap	3.19B
Revenue (ttm)	457.21M
Net Income (ttm)	344.50M
Shares Out	210.69M
EPS (ttm)	1.64
PE Ratio	9.26
Forward PE	11.06
Dividend	$1.50 (9.90%)
Ex-Dividend Date	Nov 8, 2024

Volume	265,216
Open	15.02
Previous Close	15.05
Day's Range	15.00 - 15.19
52-Week Range	13.94 - 17.80
Beta	0.93
Analysts	Buy
Price Target	17.00 (+12.21%)
Earnings Date	Nov 4, 2024

About BSM

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 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• IPO Date: May 1, 2015
• Employees: 115
• Stock Exchange: NYSE
• Ticker Symbol: BSM
• Website: https://www.blackstoneminerals.com

Financial Performance

In 2023, Black Stone Minerals's revenue was $488.59 million, a decrease of -36.65% compared to the previous year's $771.23 million. Earnings were $400.77 million, a decrease of -12.01%.

Analyst Forecast

According to 3 analysts, the average rating for BSM stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 12.21% from the latest price.

Price Target

$17.0

(12.21% upside)

Analyst Consensus: Buy