NYSE:BSM - Black Stone Minerals Stock Price, News, & Analysis

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$16.56 -0.67 (-3.89 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$17.23
Today's Range$16.56 - $17.05
52-Week Range$16.36 - $19.29
Volume299,700 shs
Average Volume146,942 shs
Market Capitalization$3.49 billion
P/E Ratio16.41
Dividend Yield8.70%
Beta0.47
Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests in the United States. The company owns mineral interests in approximately 16.8 million acres, nonparticipating royalty interests in 1.9 million acres, and overriding royalty interests in 2.1 million acres located in 41 states and in 64 onshore basins in the continental United States. As of December 31, 2017, the company had a total estimated proved oil and natural gas reserves of 67,945 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:BSM
Previous Symbol
CUSIPN/A
Phone713-445-3200

Debt

Debt-to-Equity Ratio0.49
Current Ratio1.02
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio16.41
Forward P/E Ratio18.20
P/E GrowthN/A

Sales & Book Value

Annual Sales$429.66 million
Price / Sales7.89
Cash Flow$1.0461 per share
Price / Cash15.83
Book Value$3.86 per share
Price / Book4.29

Profitability

EPS (Most Recent Fiscal Year)$1.01
Net Income$157.18 million
Net Margins18.62%
Return on Equity10.87%
Return on Assets5.15%

Miscellaneous

Employees113
Outstanding Shares204,790,000
Market Cap$3.49 billion
OptionableOptionable

Black Stone Minerals (NYSE:BSM) Frequently Asked Questions

What is Black Stone Minerals' stock symbol?

Black Stone Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSM."

How often does Black Stone Minerals pay dividends? What is the dividend yield for Black Stone Minerals?

Black Stone Minerals declared a quarterly dividend on Monday, October 29th. Investors of record on Wednesday, November 14th will be paid a dividend of $0.37 per share on Wednesday, November 21st. This represents a $1.48 dividend on an annualized basis and a yield of 8.94%. The ex-dividend date of this dividend is Tuesday, November 13th. This is a positive change from Black Stone Minerals's previous quarterly dividend of $0.34. View Black Stone Minerals' Dividend History.

How were Black Stone Minerals' earnings last quarter?

Black Stone Minerals LP (NYSE:BSM) released its earnings results on Monday, May, 7th. The oil and gas producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.23. The oil and gas producer had revenue of $114.49 million for the quarter, compared to analyst estimates of $106 million. Black Stone Minerals had a return on equity of 10.87% and a net margin of 18.62%. View Black Stone Minerals' Earnings History.

When is Black Stone Minerals' next earnings date?

Black Stone Minerals is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Black Stone Minerals.

What price target have analysts set for BSM?

4 brokerages have issued 1 year price objectives for Black Stone Minerals' stock. Their predictions range from $18.00 to $21.00. On average, they anticipate Black Stone Minerals' share price to reach $19.6667 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Black Stone Minerals.

What is the consensus analysts' recommendation for Black Stone Minerals?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Black Stone Minerals.

Has Black Stone Minerals been receiving favorable news coverage?

News articles about BSM stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Black Stone Minerals earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the stock's share price in the near future.

Who are some of Black Stone Minerals' key competitors?

Who are Black Stone Minerals' key executives?

Black Stone Minerals' management team includes the folowing people:
  • Mr. Thomas L. Carter Jr., Chairman & CEO of Black Stone Minerals GP L.L.C (Age 66)
  • Mr. Jeffrey P. Wood, Pres & CFO of Black Stone Minerals GP LLC (Age 47)
  • Mr. Steve Putman, Sr. VP, Gen. Counsel & Sec. of Black Stone Minerals GP LLC (Age 43)
  • Mr. Holbrook F. Dorn, Sr. VP of Bus. Devel. of Black Stone Minerals Gp, L.L.C (Age 41)
  • Mr. Brock E. Morris, Sr. VP of Engineering & Geology for Black Stone Minerals GP LLC (Age 54)

When did Black Stone Minerals IPO?

(BSM) raised $450 million in an IPO on Friday, May 1st 2015. The company issued 22,500,000 shares at a price of $19.00-$21.00 per share. Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse and Wells Fargo Securities served as the underwriters for the IPO and J.P. Morgan, Morgan Stanley, Raymond James, Scotia Howard Weil and Simmons & Company International were co-managers.

Who are Black Stone Minerals' major shareholders?

Black Stone Minerals' stock is owned by a variety of of institutional and retail investors. Top institutional investors include CI Global Investments Inc. (3.47%), Morgan Stanley (0.83%), FMR LLC (0.55%), Brown Advisory Inc. (0.30%), Gruss & Co. Inc. (0.18%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.17%). Company insiders that own Black Stone Minerals stock include Alexander D Stuart, Brock Morris, D Mark Dewalch, Dawn Smajstrla, Jeffrey P Wood, Luke Stevens Putman, Ricky J Haeflinger, Thomas L Carter Jr and William N Mathis. View Institutional Ownership Trends for Black Stone Minerals.

Which major investors are selling Black Stone Minerals stock?

BSM stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Morgan Stanley, Cullen Frost Bankers Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., FMR LLC, Sumitomo Mitsui Trust Holdings Inc. and Credit Suisse AG. Company insiders that have sold Black Stone Minerals company stock in the last year include Brock Morris, Dawn Smajstrla, Jeffrey P Wood and Luke Stevens Putman. View Insider Buying and Selling for Black Stone Minerals.

Which major investors are buying Black Stone Minerals stock?

BSM stock was bought by a variety of institutional investors in the last quarter, including CI Global Investments Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Gruss & Co. Inc., Kempner Capital Management Inc., Welch & Forbes LLC, SCP Investment LP, GSA Capital Partners LLP and First Trust Advisors LP. Company insiders that have bought Black Stone Minerals stock in the last two years include Alexander D Stuart, D Mark Dewalch, Ricky J Haeflinger, Thomas L Carter Jr and William N Mathis. View Insider Buying and Selling for Black Stone Minerals.

How do I buy shares of Black Stone Minerals?

Shares of BSM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Black Stone Minerals' stock price today?

One share of BSM stock can currently be purchased for approximately $16.56.

How big of a company is Black Stone Minerals?

Black Stone Minerals has a market capitalization of $3.49 billion and generates $429.66 million in revenue each year. The oil and gas producer earns $157.18 million in net income (profit) each year or $1.01 on an earnings per share basis. Black Stone Minerals employs 113 workers across the globe.

What is Black Stone Minerals' official website?

The official website for Black Stone Minerals is http://www.blackstoneminerals.com.

How can I contact Black Stone Minerals?

Black Stone Minerals' mailing address is 1001 FANNIN STREET SUITE 2020, HOUSTON TX, 77002. The oil and gas producer can be reached via phone at 713-445-3200 or via email at [email protected]


MarketBeat Community Rating for Black Stone Minerals (NYSE BSM)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  170 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  377
MarketBeat's community ratings are surveys of what our community members think about Black Stone Minerals and other stocks. Vote "Outperform" if you believe BSM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BSM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

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