Black Stone Minerals, L.P. (BSM)

NYSE: BSM · IEX Real-Time Price · USD
15.84
+0.14 (0.89%)
Mar 27, 2024, 4:00 PM EDT - Market closed
0.89%
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]

Sector Energy
IPO Date May 1, 2015
Employees 108
Stock Exchange NYSE
Ticker Symbol BSM
Full Company Profile

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 Statements

Analyst 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.

Price Target
$18.5
(16.79% upside)
Analyst Consensus: Buy
Stock Forecasts

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. ...

2 days ago - Business Wire

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...

5 weeks ago - Business Wire

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....

2 months ago - Business Wire

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 “...

3 months ago - Business Wire

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 ...

5 months ago - Business Wire

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. ...

5 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

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....

8 months ago - Business Wire

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...

9 months ago - PRNewsWire

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 ...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year ago - Business Wire

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
1 year ago - GuruFocus

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

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

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

2 years ago - Business Wire

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...

2 years ago - Business Wire

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 ...

2 years ago - Business Wire

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 ...

2 years ago - Business Wire