Black Stone Minerals, L.P. (BSM)
| Market Cap | 2.81B |
| Revenue (ttm) | 422.06M |
| Net Income (ttm) | 193.88M |
| Shares Out | 211.64M |
| EPS (ttm) | 0.92 |
| PE Ratio | 14.44 |
| Forward PE | 9.39 |
| Dividend | $1.50 (11.30%) |
| Ex-Dividend Date | May 8, 2025 |
| Volume | 257,966 |
| Open | 13.25 |
| Previous Close | 13.27 |
| Day's Range | 13.10 - 13.31 |
| 52-Week Range | 12.78 - 15.81 |
| Beta | 0.26 |
| Analysts | Hold |
| Price Target | 14.00 (+5.42%) |
| Earnings Date | Aug 4, 2025 |
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. [Read more]
Financial Performance
In 2024, Black Stone Minerals's revenue was $426.97 million, a decrease of -12.61% compared to the previous year's $488.59 million. Earnings were $241.86 million, a decrease of -39.65%.
Financial StatementsAnalyst Summary
According to one analyst, the rating for BSM stock is "Hold" and the 12-month stock price target is $14.0.
News
Black Stone Minerals: Bringing Oil Back
BSM remains a BUY due to the upcoming Culberson County oil pad, which should boost high-margin oil production and revenue starting in late 2024. Recent natural gas price recovery led to the first prod...
Top 2 Energy Stocks Which Could Rescue Your Portfolio This Quarter
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Black Stone Minerals: Development Agreements Should Boost Its Future Distributable Cash Flow
Black Stone's distribution coverage dipped below 1.0x in Q1 2025 due to lower production levels and spending on seismic data. Its distribution coverage in the longer-term looks fine at $70 oil and hig...
Black Stone Minerals, L.P. Announces New Development Agreement in the Shelby Trough with Revenant Energy and Amended Development Agreements with Aethon Energy
HOUSTON--(BUSINESS WIRE)--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 (“Re...
Black Stone Minerals, L.P. Common Units (BSM) Q1 2025 Earnings Call Transcript
Black Stone Minerals, L.P. Common Units.
Black Stone Minerals, L.P. Reports First-Quarter Results
HOUSTON--(BUSINESS WIRE)--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...
Black Stone Minerals: Focusing On Natural Gas Acquisitions
Black Stone Minerals spent $110 million on acquisitions in 2024, funded primarily with cash on hand. It now has a slight amount of net debt and may add to that debt with continued acquisitions and the...
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss First Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--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, t...
Black Stone Minerals: A 10% Distribution For This Natural Gas Royalty Play (Rating Upgrade)
Upgrading Black Stone Minerals to a BUY due to improving natural gas prices, a robust hedging program, and a renegotiated production agreement with Aethon. BSM's 2024 challenges included weak natural ...
Black Stone Minerals, L.P. Common Units (BSM) Q4 2024 Earnings Call Transcript
Black Stone Minerals, L.P. Common Units (BSM) Q4 2024 Earnings Call Transcript
Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2024 Results; Provides Guidance for 2025
HOUSTON--(BUSINESS WIRE)--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 an...
Black Stone Minerals' Double-Digit Yield Looks To Benefit From Expanding Electricity Demand
Since its IPO in 2015, Black Stone Minerals performance has matched Exxon and Chevron on an annualized total return basis. Management's interest are closely aligned with unitholders and insider buying...
5 'Safe' Buys In 35 February Dividend Power Dogs
The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 20...
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Fourth Quarter and Full-Year 2024 Results
HOUSTON--(BUSINESS WIRE)--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....
Black Stone Minerals: Distribution Coverage Should Improve From Q3 2024 Levels
Black Stone Minerals reported 1x distribution coverage for Q3 2024. It saw an 8% quarter-over-quarter production decline. BSM's Q4 2024 distribution coverage should increase slightly even if its produ...
High Yield Oil And Gas Ranked By Relative Quality
With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...
Black Stone Minerals, L.P. Common Units (BSM) Q3 2024 Earnings Call Transcript
Black Stone Minerals, L.P. Common Units (NYSE:BSM) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Mark Meaux - Director of Finance Thomas Carter - Chairman, Presid...
Black Stone Minerals, L.P. Reports Third Quarter Results
HOUSTON--(BUSINESS WIRE)--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 ...
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Third-Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--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 a...
Black Stone Minerals: Preferred Unit Redemption May Increase Distributable Cash Flow
Black Stone Minerals has been acquiring Gulf Coast mineral and royalty interests. These acquisitions are primarily non-producing currently, but are expected to benefit future production results once n...
Black Stone Minerals: Well Covered 10.5% Yield And Debt Free Balance Sheet Make This A Buy
BSM is a high free cash flow royalty-driven MLP with no debt, offering a 10.5% yield and potential upside with improved natural gas prices. The company's business model involves collecting royalty pay...
Black Stone Minerals, L.P. (BSM) Q2 2024 Earnings Call Transcript
Black Stone Minerals, L.P. (NYSE:BSM) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Mark Meaux - Director of Finance Tom Carter - Chairman, CEO and President Taylor ...
Black Stone Minerals, L.P. Reports Second Quarter Results
HOUSTON--(BUSINESS WIRE)--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...
Black Stone Minerals, L.P. Maintains First Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Second Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--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....
Two High Quality 8-9% Yielding Stocks Worth Considering
Black Stone Minerals beat EBITDA estimates handily and decreased the distribution by 22%, generally as we expected. The company's coverage ratio is now at 1.22x and offers a 9% yield. Healthcare Realt...