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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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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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 full year of 2021 and provides guidance for 2022. Fourth Quarter 2021 Highlights Mineral and royalty production for the fourth quarter of 2021 equaled 35.2 MBoe/d, an increase of 7% over the prior quarter; total production, including working interest volumes, was 39.1 MBoe/d for the quarter Net i

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,” “BSM,” or “the Company”) today declared the distribution attributable to the fourth quarter of 2021. Additionally, the Partnership announced the date of its fourth quarter and full-year 2021 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 2021 of $0.270 per unit. This represents an increase of ap

Black Stone Minerals, L.P. Announces Distribution Increase and Schedules Earnings Call to Discuss Fourth Quarter and Full-Year 2021 Results

Black Stone Minerals: Appears Capable Of Supporting A $0.35 Quarterly Distribution

Black Stone (BSM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Black Stone (BSM) Stock Might be a Great Pick

Once again Black Stone Minerals has increased their quarterly distributions, this time by a very impressive 25%. Despite oil and gas prices continuing to rally, their cash flow performance was essentially flat quarter-on-quarter during the third quarter of 2021 even after removing the impacts of working capital.

Black Stone Minerals: Higher Distributions Despite Hedges Costing 33%+ Of Cash Flows

Black Stone Minerals, L.P. (BSM) CEO Tom Carter on Q3 2021 Results - Earnings Call Transcript

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 2021. Financial and Operational Highlights Mineral and royalty production for the third quarter of 2021 equaled 33.0 MBoe/d, an increase of 2% over the prior quarter; total production, including working interest volumes, was 38.0 MBoe/d for the quarter. Net income and Adjusted EBITDA for the quarte

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,” “BSM,” or “the Company”) today declared the distribution attributable to the third quarter of 2021. Common Distribution The Board of Directors of the general partner (the “Board”) has approved a cash distribution for common units attributable to the third quarter of 2021 of $0.25 per unit. This distribution level is equal to the combined base distribution plus special distribution paid with respect to the second qu

Black Stone Minerals, L.P. Declares Third Quarter 2021 Distribution for Common Units

HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) expects to declare the distribution attributable to the third quarter of 2021 after the close of trading on October 27, 2021. The Company is scheduled to release details regarding its results for the third quarter of 2021 after the close of trading on November 1, 2021. A conference call to discuss these results is scheduled for November 2, 2021 at 9:00 a.m. Central time (10:00 a.m. Eastern

Black Stone Minerals, L.P. Announces Dates for Third Quarter 2021 Distribution and Earnings Releases, and Information for the Third Quarter 2021 Conference Call

Black Stone Minerals was heavily impacted by the severe downturn of 2020 and still saw soft results in early 2021 due to their inherent time-delayed earnings. Thankfully, the second quarter of 2021 has marked an inflection point with a recovery starting, which helped see a double-digit distribution increase.

Black Stone Minerals: Recovery Starting, Even Higher Yield Is Coming In 2022

Black Stone Minerals, L.P. (BSM) CEO Tom Carter on Q2 2021 Results - Earnings Call Transcript

Black Stone Minerals (BSM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Black Stone Minerals (BSM)

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 Company announced a new sustainability initiative and the date of its second quarter 2021 earnings call. Common Distribution The Board of Directors of the general partner (the “Board”) has approved a cash distribution for common units attributable to the second quarter of 2021 of $0.25 per unit. Th

Black Stone Minerals, L.P. Announces Distribution Increase, New Sustainability Initiative, and Timing of Earnings Call to Discuss Second Quarter 2021 Results

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, Land & Legal on August 2, 2021. In that role, she will oversee Black Stone's Land and Land Administration groups. Steve Putman will continue in his current role as Senior Vice President, General Counsel, and Secretary. Thomas L. Carter, Jr., Black Stone's Chairman and Chief Executive Officer, c

Black Stone Minerals, L.P. Announces Hiring of Carrie Clark as Senior Vice President, Land & Legal

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.

Black Stone Minerals (BSM) Upgraded to Buy: What Does It Mean for the Stock?

Black Stone Minerals offers investors a juicy dividend and upside exposure to rising commodity prices. The company is undervalued, with several fields under development that could be worth a significant portion of BSM's market cap on their own.

Black Stone Minerals: A Value Play On Rising Commodities

Black Stone Minerals started 2021 by partly unwinding their massive distribution reductions from 2020 and appeared set to see their high 7% yield grow even higher. When looking at their results for the first quarter of 2021, their operating cash flow was still soft and decreased for the third straight consecutive quarter.

Black Stone Minerals: Don't Worry, The Soft 1st Quarter Results Are Only Temporary

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 12, 2021. Black Stone management will conduct one-on-one meetings with investors at the conference. Updated presentation materials will be made available in the Investor Relations section of the Black Stone Minerals website prior to the conference. About Black Stone Minerals, L.P. Black Stone Mi

Black Stone Minerals, L.P. Announces Participation in Upcoming Investor Relations Event

Black Stone Minerals LP (BSM) CEO Thomas Carter on Q1 2021 Results - Earnings Call Transcript

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 2021. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2021 equaled 31.1 MBoe/d, a decrease of 3% over the prior quarter; total production, including working interest volumes, was 36.8 MBoe/d for the quarter. Net income and Adjusted EBITDA for the quarter

Black Stone Minerals, L.P. Reports First Quarter Results and Announces Multiple New Development Agreements

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.

Black Stone Minerals's Earnings Outlook

Why Black Stone Minerals (BSM) Might Surprise This Earnings Season

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 Partnership announced the date of its first quarter 2021 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the first quarter of 2021 of $0.175 per unit. Distributions will be payable on May 21, 2021 to u

Black Stone Minerals, L.P. Declares Distribution for Common Units and Schedules Earnings Call to Discuss First Quarter 2021 Results

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 strength down the road.

Black Stone Minerals (BSM) Soars 8.1%: Is Further Upside Left in the Stock?

Black Stone Minerals started 2021 on a positive note by increasing their distributions, which now offer a high yield of 8%.

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