Black Stone Minerals, L.P. (BSM)
Market Cap | 3.33B |
Revenue (ttm) | 592.22M |
Net Income (ttm) | 400.77M |
Shares Out | 210.31M |
EPS (ttm) | 1.88 |
PE Ratio | 8.43 |
Forward PE | 11.19 |
Dividend | $1.90 (12.00%) |
Ex-Dividend Date | Feb 15, 2024 |
Volume | 207,709 |
Open | 15.75 |
Previous Close | 15.70 |
Day's Range | 15.75 - 15.84 |
52-Week Range | 14.80 - 18.55 |
Beta | 0.93 |
Analysts | Buy |
Price Target | 18.50 (+16.79%) |
Earnings Date | Apr 29, 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. [Read more]
Financial Performance
In 2023, BSM's revenue was $592.22 million, a decrease of -10.76% compared to the previous year's $663.60 million. Earnings were $400.77 million, a decrease of -12.01%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for BSM stock is "Buy." The 12-month stock price forecast is $18.5, which is an increase of 16.79% from the latest price.
News
Black Stone Minerals, L.P. Announced Participation in Upcoming Investor Relations Event
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” “the Company”, or “the Partnership”) today announced its participation in an upcoming investor relations event. ...
Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2023 Results; Provides Guidance for 2024
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, L.P. Maintains Fourth Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Fourth Quarter and Year-End 2023 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 2023....
Black Stone Minerals, L.P. Announces Shelby Trough Operational Update
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today announced that it had received notice that Aethon Energy (“Aethon”) was exercising the “...
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. Maintains Third Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Third Quarter 2023 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 2023. ...
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 Second Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Second Quarter 2023 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 2023....
Black Stone Minerals and Longroad Energy Sign Exclusive, Multi-State Mineral Rights Agreement
BOSTON , July 18, 2023 /PRNewswire/ -- Longroad Energy [Longroad], a U.S. based renewable energy developer, owner, and operator, and Black Stone Minerals, L.P. (NYSE:BSM) ["Black Stone Minerals," "Bla...
Black Stone Minerals, L.P. Reports First 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 first quarter of ...
Black Stone Minerals, L.P. Declares First Quarter 2023 Distribution for Common Units and Schedules Earnings Call to Discuss First Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today declared the distribution attributable to the first quarter of 2023. Additionally, the P...
Black Stone Minerals, L.P. Announces Record Fourth Quarter and Full Year 2022 Results; Provides Guidance for 2023
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, L.P. Announces Further Distribution Increase and Schedules Earnings Call to Discuss Fourth Quarter and Full-Year 2022 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today declared the distribution attributable to the fourth quarter of 2022. Additionally, th...
Black Stone Minerals: High Yield Value
Black Stone Minerals LP ( BSM , Financial) is one of the largest owners of oil and natural gas mineral interests in the United States. The company's current financials are exceptional with sales comin...
Black Stone Minerals: High-Yield Value
Black Stone Minerals LP ( BSM , Financial) is one of the largest owners of oil and natural gas mineral interests in the United States. The company's current financials are exceptional with sales comin...
Black Stone Minerals, L.P. Announces Leadership Change
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today announced that Jeff Wood, the President, Chief Financial Officer, and Treasurer of Bla...
Executives Buy at Align Technology and Black Stone Minerals
Company executives usually talk an optimistic game. When they put their money where their mouth is, that's when I pay attention.
Black Stone Minerals, L.P. Reports Record Financial Results for Third Quarter
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P.
Black Stone Minerals, L.P. Announces Further Distribution Increase and Schedules Earnings Call to Discuss Third Quarter 2022 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P.
Black Stone Minerals, L.P. 2021 Schedule K-3 is Now Available
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) announced that as of today its 2021 Schedule K-3 (reporting items of international tax relevan...
Black Stone Minerals, L.P. Announces Distribution Increase and Schedules Earnings Call to Discuss Second Quarter 2022 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today declared the distribution attributable to the second quarter of 2022. Additionally, the ...
Black Stone Minerals, L.P. Announces Substantial Distribution Increase and Schedules Earnings Call to Discuss First Quarter 2022 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today declared the distribution attributable to the first quarter of 2022. Additionally, the P...
Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2021 Results; Provides Guidance for 2022
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, L.P. Announces Distribution Increase and Schedules Earnings Call to Discuss Fourth Quarter and Full-Year 2021 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today declared the distribution attributable to the fourth quarter of 2021. Additionally, the ...
Black Stone Minerals, L.P. Reports Third Quarter Results and Updates Full-Year 2021 Guidance
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 ...