Black Stone Minerals, L.P. (BSM)

NYSE: BSM · IEX Real-Time Price · USD
15.47
0.00 (0.00%)
Mar 30, 2023, 11:07 AM EDT - Market open
Market Cap 3.24B
Revenue (ttm) 663.60M
Net Income (ttm) 455.48M
Shares Out 209.68M
EPS (ttm) 2.12
PE Ratio 7.30
Forward PE 8.76
Dividend $1.75 (11.28%)
Ex-Dividend Date Feb 15, 2023
Volume 179,615
Open 15.66
Previous Close 15.47
Day's Range 15.47 - 15.72
52-Week Range 12.81 - 20.24
Beta 1.04
Analysts Buy
Price Target 20.06 (+29.67%)
Earnings Date May 1, 2023

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 1.7 million gross acres located in 41 states in the United States. As of December 31, 2021, the company had a total estimated proved oil and natural gas reserves of 59,824 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Hous... [Read more]

Industry Oil & Gas E&P
Sector Energy
IPO Date May 1, 2015
Employees 115
Stock Exchange NYSE
Ticker Symbol BSM
Full Company Profile

Financial Performance

In 2022, BSM's revenue was $663.60 million, an increase of 84.71% compared to the previous year's $359.26 million. Earnings were $455.48 million, an increase of 182.93%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for BSM stock is "Buy." The 12-month stock price forecast is $20.06, which is an increase of 29.67% from the latest price.

Price Target
$20.06
(29.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - GuruFocus

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...

2 months ago - GuruFocus

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...

2 months ago - Business Wire

Black Stone Minerals (BSM) Flat As Market Sinks: What You Should Know

Black Stone Minerals (BSM) closed the most recent trading day at $15.50, making no change from the previous trading session.

2 months ago - Zacks Investment Research

7 Best Natural Gas Stocks to Buy Now

This may feel like an odd time to be talking about the best natural gas stocks to buy. Natural gas futures trading on the New York Mercantile Exchange's Henry Hub just closed at a two-month low despit...

Other symbols: CNQFANGMTDRPXDTPLWDS
3 months ago - InvestorPlace

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.

Other symbols: ALGN
4 months ago - GuruFocus

Black Stone Minerals, L.P. Reports Record Financial Results for Third Quarter

HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P.

5 months ago - Business Wire

7 Safe Stocks to Buy for Your Retirement

Safe stocks for retirement are those that are less inclined to suffer in times of turmoil or represent a sector that is more recession-proof than others. That's not to say that a safe stock will never...

Other symbols: AITAMRARLPGLPGPC
5 months ago - InvestorPlace

Will Black Stone (BSM) Continue to Beat on Earnings in Q3?

While higher commodity prices and production are likely to have boosted Black Stone Minerals' (BSM) third-quarter results, escalation in costs might have played spoilsport.

5 months ago - Zacks Investment Research

4 Top Profitable Stocks to Buy Using Net Income Ratio

Ulta Beauty (ULTA), Lamb Weston (LW), Brigham Minerals (MNRL) and Black Stone Minerals (BSM) have been selected as the top picks with a high net income ratio.

Other symbols: LWULTA
5 months ago - Zacks Investment Research

Is Black Stone Minerals (BSM) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Black Stone Minerals (BSM) and NexTier Oilfield Solutions (NEX) have performed compared to their sector so far this year.

5 months ago - Zacks Investment Research

Black Stone Minerals, L.P. (BSM) Hit a 52 Week High, Can the Run Continue?

Black Stone Minerals (BSM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

6 months ago - Zacks Investment Research

3 Energy Stocks That Are Too Cheap to Ignore

The Russian invasion of Ukraine led to an energy crisis, which led to a sharp increase in energy stock valuations. However, I'm still finding  big opportunities to pick up cheap energy stocks.

Other symbols: KMISU
6 months ago - InvestorPlace

7 Safe Stocks to Rely on When the Market Swerves

Back in August, I made the argument why now's the right time to buy safe stocks. Just over a month later, this continues to be the case.

Other symbols: AMPHCMCCPBDGGLPNSSC
6 months ago - InvestorPlace

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

Will Black Stone (BSM) Continue to Beat on Earnings in Q2?

Black Stone Minerals' (BSM) profit levels in the second quarter is set to have benefited from surging commodity price realizations.

8 months ago - Zacks Investment Research

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 ...

8 months ago - Business Wire

Best Income Stocks to Buy for July 12th

BSM, CCBG, and FBP made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 12, 2022

Other symbols: CCBGFBP
9 months ago - Zacks Investment Research

Find 'Strong Buy' Stocks After the S&P 500 Entered a Bear Market

Here's how investors can utilize the Filtered Zacks Rank 5 Stock Screen to find potential winners to help navigate the market downturn.

Other symbols: SYY
10 months ago - Zacks Investment Research

What Makes Black Stone Minerals (BSM) a Strong Momentum Stock: Buy Now?

Does Black Stone Minerals (BSM) have what it takes to be a top stock pick for momentum investors? Let's find out.

10 months ago - Zacks Investment Research

3 Best Profitable Stocks to Invest in Using Net Income Ratio

Encore Wire (WIRE), Black Stone Minerals (BSM) and Star Bulk Carriers (SBLK) have been selected as the top picks with a high net income ratio.

Other symbols: SBLKWIRE
10 months ago - Zacks Investment Research