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Black Stone Minerals L.P. (BSM)

NYSE: BSM · IEX Real-Time Price · USD
11.24 0.11 (0.94%)
Sep 24, 2021 11:13 AM EDT - Market open
Market Cap2.35B
Revenue (ttm)241.18M
Net Income (ttm)64.69M
Shares Out207.95M
EPS (ttm)0.31
PE Ratio36.24
Forward PE13.64
Dividend$0.70 (6.23%)
Ex-Dividend DateAug 12, 2021
Volume32,020
Open11.11
Previous Close11.13
Day's Range11.03 - 11.28
52-Week Range5.43 - 11.43
Beta1.56
AnalystsBuy
Price Target12.93 (+15.1%)
Est. Earnings DateNov 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...

IndustryOil, Gas & Consumable Fuels
IPO DateMay 1, 2015
CEOThomas Carter
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolBSM
Full Company Profile

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 Statements

Analyst 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.

Price Target
$12.93
(15.09% upside)
Analyst Consensus: Buy

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...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Zacks Investment Research

4 Affordable Breakout Stocks for Stunning Returns

Selecting breakout stocks continues to be one of the most popular methods utilized by active investors.

Other symbols:CTTFBPSLCT
4 months ago - Zacks Investment Research

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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.

4 months ago - Benzinga

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.

4 months ago - Zacks Investment Research

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...

5 months ago - Business Wire

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...

5 months ago - Zacks Investment Research

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 ...

7 months ago - Business Wire

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.

7 months ago - Benzinga

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...

7 months ago - Business Wire

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...

8 months ago - Seeking Alpha

Midstream Parade Goes On

Energy stocks (midstream included) continued their recent run of positive stock performance in this short week, helped by ongoing positive vaccine data points. The OPEC meeting next week is expected to ...

9 months ago - Seeking Alpha

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...

Other symbols:DMLPFANGKRPMNRLVNOM
10 months ago - Seeking Alpha

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 ...

10 months ago - Seeking Alpha

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

10 months ago - Seeking Alpha

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...

10 months ago - Business Wire

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.

10 months ago - Benzinga

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.

10 months ago - Zacks Investment Research

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...

11 months ago - Business Wire

Black Stone Minerals: Long-Term Value

Black Stone Minerals: Long-Term Value

1 year ago - Seeking Alpha