Black Stone Minerals L.P. (BSM)
| Market Cap | 2.35B |
| Revenue (ttm) | 241.18M |
| Net Income (ttm) | 64.69M |
| Shares Out | 207.95M |
| EPS (ttm) | 0.31 |
| PE Ratio | 36.24 |
| Forward PE | 13.64 |
| Dividend | $0.70 (6.23%) |
| Ex-Dividend Date | Aug 12, 2021 |
| Volume | 32,020 |
| Open | 11.11 |
| Previous Close | 11.13 |
| Day's Range | 11.03 - 11.28 |
| 52-Week Range | 5.43 - 11.43 |
| Beta | 1.56 |
| Analysts | Buy |
| Price Target | 12.93 (+15.1%) |
| Est. Earnings Date | Nov 1, 2021 |
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, 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 Hous...
Financial Performance
In 2020, BSM's revenue was $342.75 million, a decrease of -29.74% compared to the previous year's $487.82 million. Earnings were $121.82 million, a decrease of -43.17%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for BSM stock is "Buy." The 12-month stock price forecast is 12.93, which is an increase of 15.09% from the latest price.
News
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 2...
Why Earnings Season Could Be Great for Black Stone Minerals (BSM)
Black Stone Minerals (BSM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Black Stone Minerals, L.P. Announces Distribution Increase, New Sustainability Initiative, and Timing of Earnings Cal...
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 2021. Additionally, the Co...
Black Stone Minerals, L.P. Announces Hiring of Carrie Clark as Senior Vice President, Land & Legal
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone” or “the Company”) today announced that Carrie P. Clark will join the Company's executive team as Senior Vice President, La...
Black Stone Minerals (BSM) Upgraded to Buy: What Does It Mean for the Stock?
Black Stone Minerals (BSM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
4 Affordable Breakout Stocks for Stunning Returns
Selecting breakout stocks continues to be one of the most popular methods utilized by active investors.
Black Stone Minerals, L.P. Announces Participation in Upcoming Investor Relations Event
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone” or “the Company”) today announced its participation in the Citi 2021 Global Energy and Utilities Virtual Conference on May...
Black Stone Minerals, L.P. Reports First Quarter Results and Announces Multiple New Development Agreements
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 20...
Black Stone Minerals's Earnings Outlook
Black Stone Minerals (NYSE:BSM) announces its next round of earnings this Monday, May 03. Here is Benzinga's everything-that-matters guide for this Monday's Q1 earnings announcement.
Why Black Stone Minerals (BSM) Might Surprise This Earnings Season
Black Stone Minerals (BSM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Black Stone Minerals, L.P. Declares Distribution for Common Units and Schedules Earnings Call to Discuss First Quarte...
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 2021. Additionally, the Par...
Black Stone Minerals (BSM) Soars 8.1%: Is Further Upside Left in the Stock?
Black Stone Minerals (BSM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more s...
Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2020 Results; Provides Guidance for 2021
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 and ...
Earnings Outlook For Black Stone Minerals
Black Stone Minerals (NYSE:BSM) announces its next round of earnings this Monday, February 22. Here is Benzinga's everything-that-matters guide for this Monday's Q4 earnings announcement.
Black Stone Minerals, L.P. Declares Increased Distribution for Common Units and Schedules Earnings Call to Discuss Fo...
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 2020. Additionally, the Pa...
Black Stone Minerals: Ride The Energy Bull Market While Getting Paid 8.9% A Year
Black Stone Minerals offers investors the chance to get in on the ground floor of improving company fundamentals. An improving commodity market can turbo charge the unit performance over coming quarters...
Royalties & Minerals: Black Stone, Viper, Kimbell, Dorchester, Brigham
The five oil and gas royalty and mineral companies examined in this article have distribution/dividend yields ranging from 4.4% to 10.9% and several look cheap relative to recent asset transactions. Vip...
Black Stone Minerals: Stabilized Production Should Allow For An Increased Distribution
Black Stone Minerals has seen its production decline due to weak commodity prices leading to limited development activity on its acreage. Production should bottom out soon though, as natural gas prices ...
Black Stone Minerals, L.P. (BSM) CEO Tom Carter on Q3 2020 Results - Earnings Call Transcript
Black Stone Minerals, L.P. (BSM) CEO Tom Carter on Q3 2020 Results - Earnings Call Transcript
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 20...
Earnings Outlook for Black Stone Minerals
On Monday, November 02, Black Stone Minerals (NYSE: BSM) will release its latest earnings report. Here is Benzinga's outlook for the company.
Why Earnings Season Could Be Great for Black Stone Minerals (BSM)
Black Stone Minerals (BSM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Black Stone Minerals, L.P. Declares Distribution for Common Units and Schedules Earnings Call to Discuss Third Quarte...
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today declared the distribution attributable to the third quarter of 2020. Additionally, the Par...
Black Stone Minerals: Long-Term Value
Black Stone Minerals: Long-Term Value