Black Stone Minerals LP

Black Stone Minerals LP is an exploration company. The firm engages in the exploration of oil and natural gas minerals. It focuses on the operation of Louisiana-Mississippi Salt Basins, Western Gulf, Permian Basin, Palo Duro Basin, East Texas Basin, Anadarko Basin, Appalachian Basin, Arkoma Basin, Bend Arch-Fort Worth, and Southwestern Wyoming. The company was founded in 1876 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Black Stone Minerals LP (BSM) reports robust Q4 performance and outlines growth strategies

Black Stone Minerals LP (BSM) delivered a solid performance in Q4 2022, marked by record production, strong cash flow, and consecutive distribution increases. Despite challenges such as lower gas prices and acquisition caution, the company remains focused on sustainable growth and maximizing shareholder value.

Black Stone Minerals LP (BSM) reports strong Q1 performance amidst challenges

Black Stone Minerals LP (BSM) delivered a robust performance in Q1 2023, driven by operational strength and financial resilience.
The company faces challenges in lower volumes and pricing headwinds but maintains a focus on growth opportunities and prudent financial management.
With a maintained distribution and strong financial metrics, Black Stone Minerals LP (BSM) is well-positioned to navigate uncertainties and capitalize on strategic opportunities.
Investors should monitor the company's response to changing market dynamics and its execution of organic initiatives for sustained growth.

Black Stone Minerals reports solid Q2 performance amidst production challenges

Black Stone Minerals demonstrated operational resilience and financial stability in the second quarter, maintaining distribution levels and generating strong cash flow.
While facing challenges such as production volume declines, the company's strategic focus on investor returns and operational efficiency positions it well for future growth.
Opportunities lie in market developments, investor value creation, and risk management strategies that could further enhance Black Stone Minerals' performance and competitiveness.

Black Stone Minerals LP reports strong Q3 earnings and initiates unit repurchase program for growth

Black Stone Minerals LP demonstrated robust operational performance and financial strength in Q3 2023, driven by increased production volumes and adjusted EBITDA. Despite challenges in the market environment, the company remains optimistic about its momentum and growth prospects, leveraging opportunities like the unit repurchase program.

Black Stone Minerals reports robust earnings, eyes strategic growth

Black Stone Minerals demonstrated strong financial performance in Q4 2023, with a focus on maintaining stability amidst industry challenges. The company's strategic acquisitions and hedging strategies position it well for future growth and cash flow stability.

Black Stone Minerals LP reports strong Q1 earnings and growth strategies

Black Stone Minerals LP delivered a robust performance in Q1 2024, driven by strong financial results and production volumes. The company's focus on key growth areas and strategic collaborations positions it well for future success. Balancing challenges in the natural gas sector while pursuing growth opportunities will be critical for Black Stone's long-term strategy.

Black Stone Minerals excels in Q2 with strategic growth focus

Black Stone Minerals delivered a robust performance in Q2 2024, driven by strong production and financial results. With a focus on organic growth and strategic acquisitions, the company is well-positioned for development opportunities. Despite potential challenges from price volatility, Black Stone Minerals' strong balance sheet and hedging strategies provide stability and growth potential.

Black Stone Minerals posts robust Q3 results, eyes strategic acquisitions

Black Stone Minerals delivered a strong performance in Q3 2024, showcasing resilience amidst production challenges. With a focus on maintaining distributions, solid financial standing, and strategic acquisitions, the company is poised for long-term value creation.

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Black Stone Minerals is a large owner and manager of oil and natural gas mineral interests in the US. The company's earnings are arguably more predictable than energy producers as they have a relatively small cost base and no leverage currently. BSM's valuation suggests it is attractively priced as a debt-free royalty play on US energy.

Black Stone Minerals Remains A Great Energy Play

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. Additionally, the Partnership announced the date of its fourth quarter and full-year 2023 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the fourth quarter of 2023 of $0.475 per unit. The $0.475 per.

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,” or “the Company”) today announced that it had received notice that Aethon Energy (“Aethon”) was exercising the “time-out” provisions under its joint exploration agreements with the Company in Angelina and San Augustine counties in East Texas (the “Agreements”). When natural-gas prices fall below specified thresholds, those provisions allow Aethon to temporarily suspend its drilling obligations for up to 9 co.

Black Stone Minerals, L.P. Announces Shelby Trough Operational Update

Black Stone Minerals, L.P. (NYSE:BSM ) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Mark Meaux - Director, Finance Tom Carter - Chairman, Chief Executive Officer and President Evan Kiefer - Chief Financial Officer and Treasurer Carrie Clark - Senior Vice President, Land and Commercial Steve Putman - Senior Vice President and General Counsel Thad Montgomery - Vice President Conference Call Participants Tim Rezvan - KeyBanc Capital Markets Derrick Whitfield - Stifel Operator Good day, everyone and welcome to the Black Stone Minerals 3Q Earnings Conference Call.

Black Stone Minerals, L.P. (BSM) Q3 2023 Earnings Call Transcript

The headline numbers for Black Stone Minerals (BSM) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Black Stone Minerals (BSM) Reports Q3 Earnings: What Key Metrics Have to Say

Robust oil realizations and production are likely to have boosted Black Stone Minerals' (BSM) profit levels in the third quarter.

Is Black Stone (BSM) Poised for an Earnings Beat in Q3?

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. Additionally, the Partnership announced the date of its third quarter 2023 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the third quarter of 2023 of $0.475 per unit. The $0.475 per unit maintains t.

Black Stone Minerals, L.P. Maintains Third Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Third Quarter 2023 Results

Here is how Black Stone Minerals (BSM) and PBF Energy (PBF) have performed compared to their sector so far this year.

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Improved oil prices boosts Black Stone's projected 2024 distributable cash flow to $1.81 per unit at the current strip. With flat production growth, this would improve to $1.94 per unit in distributable cash flow based on the 2025 strip. Black Stone's preferred units may see their distribution rate adjusted to above 10% in November 2023.

Black Stone Minerals: Preferred Unit Distribution May Be Adjusted Above 10%

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Black Stone Minerals, L.P. has a $0.475 per unit quarterly distribution. Distribution coverage is projected at 1.1x at current strip for 2H 2023. Distribution coverage may fall slightly below 1.0x at current 2024 strip, partly due to weaker hedges.

Black Stone Minerals: The 11% Yield Appears Sustainable In Current Environment

Black Stone Minerals, L.P. (NYSE:BSM ) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET Company Participants Mark Meaux – Director-Finance Tom Carter – Chairman and Chief Executive Officer Evan Kiefer – Interim Chief Financial Officer and Treasurer Carrie Clark – Senior Vice President-Land and Commercial Conference Call Participants Tim Rezvan – KeyBanc Capital Markets Derrick Whitfield – Stifel Trafford Lamar – Raymond James Operator Good day, everyone, and welcome to today's Black Stone Minerals' 2Q Earnings Conference Call.

Black Stone Minerals, L.P. (BSM) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Black Stone Minerals (BSM) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Black Stone Minerals (BSM) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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. Additionally, the Partnership announced the date of its second quarter 2023 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the second quarter of 2023 of $0.475 per unit. The $0.475 per unit maintain.

Black Stone Minerals, L.P. Maintains Second Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Second Quarter 2023 Results

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," "Black Stone"], announced today a multi-year transaction to promote the development of renewable energy.

Black Stone Minerals and Longroad Energy Sign Exclusive, Multi-State Mineral Rights Agreement

Black Stone Minerals currently offers a yield of 11.8%. Can the pure-play owner of oil and gas mineral rights and royalties sustain its cash distribution? In this article, I take an in-depth look at the operations to answer the above question. I believe that the expected near-term production growth and a favorable hedge program support the company's commitment to maintaining or slightly increasing cash distributions.

Black Stone Minerals: Can This 11.8%-Yielding Oil And Gas Play Sustain Its Cash Distribution?

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