Black Stone Minerals LP Company Profile (NYSE:BSM)

About Black Stone Minerals LP (NYSE:BSM)

Black Stone Minerals LP logoBlack Stone Minerals, L.P. is an owner of oil and natural gas mineral interests in the United States. The Company's principal business is maximizing the value of its existing portfolio of mineral and royalty assets through active management and expanding its asset base through acquisitions of additional mineral and royalty interests. As of December 31, 2016, it owned mineral interests in approximately 15.5 million acres, with an average 45.7% ownership interest in that acreage. As of December 31, 2016, it also owned nonparticipating royalty interests in 1.5 million acres and overriding royalty interests in 1.5 million acres. As of December 31, 2016, these non-cost-bearing interests, which it referred to collectively as its mineral and royalty interests, included ownership in 50,000 producing wells. As of December 31, 2016, its mineral and royalty interests were located in 41 states and in 64 onshore basins in the continental United States.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Symbol: NYSE:BSM
  • CUSIP: N/A
  • Web: www.blackstoneminerals.com
Capitalization:
  • Market Cap: $3.16 billion
  • Outstanding Shares: 193,086,000
Average Prices:
  • 50 Day Moving Avg: $16.45
  • 200 Day Moving Avg: $17.68
  • 52 Week Range: $14.24 - $19.86
P/E:
  • Trailing P/E Ratio: 47.70
  • Foreward P/E Ratio: 20.20
  • P/E Growth: 1.07
Sales & Book Value:
  • Annual Revenue: $301.03 million
  • Price / Sales: 10.49
  • Book Value: $3.69 per share
  • Price / Book: 4.43
Dividend:
  • Annual Dividend: $1.15
  • Dividend Yield: 6.9%
Profitability:
  • EBIDTA: $189.73 million
  • Net Margins: -5.00%
  • Return on Equity: 6.26%
  • Return on Assets: 4.41%
Debt:
  • Debt-to-Equity Ratio: 0.42%
  • Current Ratio: 1.90%
  • Quick Ratio: 1.90%
Misc:
  • Average Volume: 159,069 shs.
  • Beta: 0.33
  • Short Ratio: 2.89
 

Frequently Asked Questions for Black Stone Minerals LP (NYSE:BSM)

What is Black Stone Minerals LP's stock symbol?

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

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

Black Stone Minerals LP declared a quarterly dividend on Monday, May 8th. Stockholders of record on Thursday, May 18th will be given a dividend of $0.2875 per share on Thursday, May 25th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date of this dividend is Tuesday, May 16th. View Black Stone Minerals LP's Dividend History.

How were Black Stone Minerals LP's earnings last quarter?

Black Stone Minerals LP (NYSE:BSM) posted its quarterly earnings results on Monday, February, 27th. The company reported $0.01 EPS for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.15. The company had revenue of $56.71 million for the quarter, compared to analysts' expectations of $88.72 million. Black Stone Minerals LP had a negative net margin of 5.00% and a positive return on equity of 6.26%. View Black Stone Minerals LP's Earnings History.

Where is Black Stone Minerals LP's stock going? Where will Black Stone Minerals LP's stock price be in 2017?

3 equities research analysts have issued 1 year target prices for Black Stone Minerals LP's shares. Their forecasts range from $19.00 to $20.00. On average, they expect Black Stone Minerals LP's share price to reach $19.33 in the next year. View Analyst Ratings for Black Stone Minerals LP.

What are analysts saying about Black Stone Minerals LP stock?

Here are some recent quotes from research analysts about Black Stone Minerals LP stock:

  • 1. Stifel Nicolaus analysts commented, "We are upgrading units to Buy from Hold following the recent pullback in units and maintain our target price of $19.00. While commodity prices have recently come under pressure, we remind investors the partnership has hedged approximately 74% of its FY17 production. Coupled with the current subordinated structure, we continue to forecast the partnership will raise its DPU as planned in 2Q17 and, in turn, view the relatively known DPU outlook attractive in the recent volatile commodity environment." (3/23/2017)
  • 2. According to Zacks Investment Research, "Black Stone Minerals, L.P. is the owner of oil and natural gas mineral primarily in the United States. Black Stone Minerals, L.P. is based in Houston, United States. " (12/20/2016)

Who are some of Black Stone Minerals LP's key competitors?

When did Black Stone Minerals LP IPO?

(BSM) raised $450 million in an initial public offering (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 acted 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 owns Black Stone Minerals LP stock?

Black Stone Minerals LP's stock is owned by many different of institutional and retail investors. Top institutional shareholders include William Marsh Rice University (2.19%), Morgan Stanley (1.55%), Zions Bancorporation (1.37%), FMR LLC (0.85%), Northwestern University (0.56%) and Goldman Sachs Group Inc. (0.52%). Company insiders that own Black Stone Minerals LP stock include Alexander D Stuart, Brock Morris, Dawn Smajstrla, John H Longmaid, Luke Stevens Putman, Ricky J Haeflinger, Thomas L Carter Jr, William G Bardel and William N Mathis. View Institutional Ownership Trends for Black Stone Minerals LP.

Who sold Black Stone Minerals LP stock? Who is selling Black Stone Minerals LP stock?

Black Stone Minerals LP's stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Van ECK Associates Corp, JPMorgan Chase & Co., Gruss & Co. Inc., SG Americas Securities LLC and Credit Suisse AG. Company insiders that have sold Black Stone Minerals LP stock in the last year include Brock Morris, Dawn Smajstrla and Luke Stevens Putman. View Insider Buying and Selling for Black Stone Minerals LP.

Who bought Black Stone Minerals LP stock? Who is buying Black Stone Minerals LP stock?

Black Stone Minerals LP's stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Goldman Sachs Group Inc., Wade G W & Inc., First Trust Advisors LP, Cullen Frost Bankers Inc., Hawkins Capital L.P., Board of Trustees of The Leland Stanford Junior University and Kempner Capital Management Inc.. Company insiders that have bought Black Stone Minerals LP stock in the last two years include Alexander D Stuart, John H Longmaid, Ricky J Haeflinger, Thomas L Carter Jr, William G Bardel and William N Mathis. View Insider Buying and Selling for Black Stone Minerals LP.

How do I buy Black Stone Minerals LP stock?

Shares of Black Stone Minerals LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Black Stone Minerals LP stock cost?

One share of Black Stone Minerals LP stock can currently be purchased for approximately $16.36.

Analyst Ratings

Consensus Ratings for Black Stone Minerals LP (NYSE:BSM) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $19.33 (18.17% upside)

Analysts' Ratings History for Black Stone Minerals LP (NYSE:BSM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/17/2017Barclays PLCReiterated RatingOverweight$20.00 -> $19.00LowView Rating Details
4/3/2017ScotiabankSet Price TargetHold$20.00HighView Rating Details
3/23/2017Stifel NicolausUpgradeHold -> Buy$19.00LowView Rating Details
3/23/2016FBR & CoInitiated CoverageOutperform$17.00N/AView Rating Details
11/12/2015Citigroup IncLower Price TargetBuy$22.00 -> $18.00N/AView Rating Details
9/25/2015SimmonsInitiated CoverageOverweight$20.00N/AView Rating Details
8/14/2015Raymond James Financial, Inc.Lower Price TargetOutperform$16.00N/AView Rating Details
5/27/2015Credit Suisse Group AGInitiated CoverageOutperform$20.00 -> $17.78N/AView Rating Details
5/26/2015Bank of America CorpInitiated CoverageBuy$22.00N/AView Rating Details
5/26/2015Howard WeilInitiated CoverageSector Perform$22.00 -> $22.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Black Stone Minerals LP (NYSE:BSM)
Earnings by Quarter for Black Stone Minerals LP (NYSE:BSM)
Earnings History by Quarter for Black Stone Minerals LP (NYSE:BSM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017Q416$0.16$0.01$88.72 million$56.71 millionViewListenView Earnings Details
11/7/2016Q316$0.12$0.14$89.40 million$99.20 millionViewListenView Earnings Details
8/12/2015Q215$0.13$0.67$84.49 million$64.80 millionViewListenView Earnings Details
4/9/2014Q2 14($0.04)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Black Stone Minerals LP (NYSE:BSM)
2017 EPS Consensus Estimate: $0.66
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.17$0.17$0.17
Q2 20171$0.16$0.16$0.16
Q3 20171$0.16$0.16$0.16
Q4 20171$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Black Stone Minerals LP (NYSE:BSM)
Most Recent Dividend:5/25/2017
Annual Dividend:$1.15
Dividend Yield:7.03%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-958.25% (Trailing 12 Months of Earnings)
159.72% (Based on This Year's Estimates)
141.98% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Black Stone Minerals LP (NYSE:BSM)

Dividend History by Quarter for Black Stone Minerals LP (NYSE:BSM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2017quarterly$0.296.85%5/16/20175/18/20175/25/2017
2/9/2017quarterly$0.296.5%2/15/20172/20/20172/27/2017
11/8/2016quarterly$0.296.43%11/15/201611/17/201611/25/2016
8/9/2016quarterly$0.297%8/16/20168/18/20168/25/2016
5/10/2016quarterly$0.266.33%5/17/20165/19/20165/26/2016
2/9/2016quarterly$0.269.33%2/17/20162/19/20162/26/2016
11/10/2015quarterly$0.267.35%11/17/201511/19/201511/27/2015
8/12/2015special$0.268/18/20158/20/20158/27/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Black Stone Minerals LP (NYSE:BSM)
Insider Ownership Percentage: 24.30%
Institutional Ownership Percentage: 15.15%
Insider Trades by Quarter for Black Stone Minerals LP (NYSE:BSM)
Institutional Ownership by Quarter for Black Stone Minerals LP (NYSE:BSM)
Insider Trades by Quarter for Black Stone Minerals LP (NYSE:BSM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/12/2017Thomas L Carter JrCEOBuy17,600$16.95$298,320.00View SEC Filing  
4/3/2017Brock MorrisSVPSell18,000$16.33$293,940.00View SEC Filing  
3/7/2017Dawn SmajstrlaVPSell7,851$17.19$134,958.69View SEC Filing  
3/7/2017Ricky J HaeflingerDirectorBuy1,000$17.04$17,040.00View SEC Filing  
3/6/2017Dawn SmajstrlaCAOSell7,000$17.20$120,400.00View SEC Filing  
3/3/2017Thomas L Carter JrCEOBuy14,000$17.51$245,140.00View SEC Filing  
1/23/2017Brock MorrisSVPSell2,094$18.57$38,885.58View SEC Filing  
1/20/2017Brock MorrisSVPSell4,800$18.76$90,048.00View SEC Filing  
1/18/2017Luke Stevens PutmanSVPSell2,034$18.67$37,974.78View SEC Filing  
1/17/2017Luke Stevens PutmanSVPSell14,208$18.85$267,820.80View SEC Filing  
11/28/2016Thomas L Carter JrCEOBuy13,000$18.93$246,090.00View SEC Filing  
11/17/2016Thomas L Carter JrCEOBuy3,000$18.21$54,630.00View SEC Filing  
11/16/2016Thomas L Carter JrCEOBuy14,000$17.94$251,160.00View SEC Filing  
11/15/2016Thomas L Carter JrCEOBuy6,000$17.89$107,340.00View SEC Filing  
11/14/2016Thomas L Carter JrCEOBuy10,800$17.83$192,564.00View SEC Filing  
5/13/2016Ricky J HaeflingerDirectorBuy3,000$16.09$48,270.00View SEC Filing  
3/14/2016William N MathisDirectorBuy11,410$13.71$156,431.10View SEC Filing  
3/10/2016William N MathisDirectorBuy3,979$13.50$53,716.50View SEC Filing  
11/20/2015Thomas L Carter JrCEOBuy2,100$14.37$30,177.00View SEC Filing  
11/18/2015Thomas L Carter JrCEOBuy15,719$14.14$222,266.66View SEC Filing  
11/16/2015Thomas L Carter JrCEOBuy55,981$14.06$787,092.86View SEC Filing  
11/13/2015William G BardelDirectorBuy7,000$14.21$99,470.00View SEC Filing  
11/12/2015John H LongmaidDirectorBuy20,000$13.74$274,800.00View SEC Filing  
8/24/2015Alexander D. StuartDirectorBuy7,000$13.72$96,040.00View SEC Filing  
8/21/2015Ricky J HaeflingerDirectorBuy3,000$14.22$42,660.00View SEC Filing  
8/19/2015Thomas L Carter JrCEOBuy17,000$14.61$248,370.00View SEC Filing  
6/12/2015Ricky J HaeflingerDirectorBuy3,000$17.82$53,460.00View SEC Filing  
5/6/2015D Mark DewalchDirectorBuy5,200$19.00$98,800.00View SEC Filing  
5/6/2015Thomas L Carter JrInsiderBuy12,500$19.00$237,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Black Stone Minerals LP (NYSE:BSM)
Latest Headlines for Black Stone Minerals LP (NYSE:BSM)
Source:
DateHeadline
finance.yahoo.com logoBlack Stone Minerals LP breached its 50 day moving average in a Bullish Manner : BSM-US : May 22, 2017
finance.yahoo.com - May 22 at 12:51 PM
americanbankingnews.com logoBarclays PLC Reiterates Overweight Rating for Black Stone Minerals LP (BSM)
www.americanbankingnews.com - May 17 at 5:56 PM
finance.yahoo.com logoBlack Stone Minerals LP :BSM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 11:22 AM
nasdaq.com logoCash Dividend On The Way From Black Stone Minerals (BSM)
www.nasdaq.com - May 14 at 9:50 AM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) CEO Acquires $298,320.00 in Stock
www.americanbankingnews.com - May 12 at 4:26 PM
finance.yahoo.com logoBlack Stone Minerals LP – Value Analysis (NYSE:BSM) : May 11, 2017
finance.yahoo.com - May 11 at 9:39 PM
americanbankingnews.com logoBrokers Set Expectations for Black Stone Minerals LP's FY2018 Earnings (BSM)
www.americanbankingnews.com - May 11 at 2:36 PM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) to Issue $0.29 Quarterly Dividend
www.americanbankingnews.com - May 11 at 12:50 PM
msn.com logoBlack Stone Minerals' (BSM) Tom Carter on Q1 2017 Results - Earnings Call Transcript
www.msn.com - May 11 at 9:13 AM
americanbankingnews.com logoFBR & Co Research Analysts Increase Earnings Estimates for Black Stone Minerals LP (BSM)
www.americanbankingnews.com - May 10 at 8:42 AM
finance.yahoo.com logoEdited Transcript of BSM earnings conference call or presentation 9-May-17 2:00pm GMT
finance.yahoo.com - May 10 at 8:39 AM
finance.yahoo.com logoBlack Stone Minerals LP breached its 50 day moving average in a Bullish Manner : BSM-US : May 10, 2017
finance.yahoo.com - May 10 at 8:39 AM
finance.yahoo.com logoBlack Stone Minerals, L.P. Reports First Quarter 2017 Results and Declares Cash Distribution; East Texas Acquisitions and Development Agreements Enhance Growth Outlook
finance.yahoo.com - May 8 at 8:59 PM
marketbeat.com logoBlack Stone Minerals tops Street 1Q forecasts
marketbeat.com - May 8 at 6:42 PM
seekingalpha.com logoBlack Stone Minerals beats by $0.10, beats on revenue
seekingalpha.com - May 8 at 5:17 PM
americanbankingnews.com logo Brokerages Expect Black Stone Minerals LP (BSM) Will Announce Quarterly Sales of $93.28 Million
www.americanbankingnews.com - May 7 at 8:34 AM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - May 6 at 1:01 AM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - May 6 at 12:42 AM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Expected to Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - May 5 at 11:19 AM
americanbankingnews.com logoBlack Stone Minerals (BSM) Getting Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - May 4 at 8:02 AM
americanbankingnews.com logoBlack Stone Minerals (BSM) Receives Daily Media Sentiment Rating of 0.08
www.americanbankingnews.com - April 29 at 2:03 PM
americanbankingnews.com logoBlack Stone Minerals (BSM) Getting Very Favorable News Coverage, Analysis Shows
www.americanbankingnews.com - April 26 at 9:46 AM
finance.yahoo.com logoBlack Stone Minerals, L.P. Schedules Earnings Call for First Quarter of 2017
finance.yahoo.com - April 24 at 9:58 AM
americanbankingnews.com logoBlack Stone Minerals (BSM) Given Coverage Optimism Rating of 0.07
www.americanbankingnews.com - April 23 at 2:31 PM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - April 21 at 10:00 PM
americanbankingnews.com logoBlack Stone Minerals (BSM) Receiving Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 20 at 8:23 AM
americanbankingnews.com logoBlack Stone Minerals (BSM) Given Daily Media Sentiment Rating of 0.00
www.americanbankingnews.com - April 17 at 2:10 PM
americanbankingnews.com logo Analysts Anticipate Black Stone Minerals LP (BSM) Will Post Quarterly Sales of $94.71 Million
www.americanbankingnews.com - April 16 at 9:00 AM
americanbankingnews.com logoBlack Stone Minerals (BSM) Given Daily News Sentiment Rating of -0.04
www.americanbankingnews.com - April 14 at 4:04 PM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Expected to Post Earnings of $0.18 Per Share
www.americanbankingnews.com - April 14 at 11:28 AM
americanbankingnews.com logoInsider Selling: Black Stone Minerals LP (BSM) SVP Sells 18,000 Shares of Stock
www.americanbankingnews.com - April 4 at 8:37 PM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Given a $20.00 Price Target by Scotiabank Analysts
www.americanbankingnews.com - April 3 at 7:34 PM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Cut to D+ at TheStreet
www.americanbankingnews.com - April 2 at 11:31 PM
streetinsider.com logoUPDATE: Stifel Upgrades Black Stone Minerals (BSM) to Buy
www.streetinsider.com - March 25 at 11:40 AM
seekingalpha.com logoBlack Stone Minerals upgraded to Buy at Stifel
seekingalpha.com - March 24 at 4:21 PM
americanbankingnews.com logoFY2018 EPS Estimates for Black Stone Minerals LP (BSM) Cut by Analyst
www.americanbankingnews.com - March 24 at 1:16 PM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Stock Rating Upgraded by Stifel Nicolaus
www.americanbankingnews.com - March 23 at 9:30 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Black Stone Minerals LP Issued By FBR & Co (BSM)
www.americanbankingnews.com - March 23 at 9:32 AM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) Director Buys $17,040.00 in Stock
www.americanbankingnews.com - March 8 at 11:54 PM
americanbankingnews.com logoBlack Stone Minerals LP (BSM) VP Dawn Smajstrla Sells 7,851 Shares
www.americanbankingnews.com - March 8 at 7:01 PM
finance.yahoo.com logoBLACK STONE MINERALS, L.P. Financials
finance.yahoo.com - March 7 at 4:06 PM
seekingalpha.com logoBlack Stone Minerals LP (BSM) Presents At EnerCom Dallas Investment Conference
seekingalpha.com - March 3 at 8:26 PM
biz.yahoo.com logoBLACK STONE MINERALS, L.P. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 4:03 PM
seekingalpha.com logoBlack Stone Minerals' (BSM) CEO Tom Carter on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 1 at 10:55 AM
finance.yahoo.com logoEdited Transcript of BSM earnings conference call or presentation 28-Feb-17 3:00pm GMT
finance.yahoo.com - March 1 at 10:55 AM
reuters.com logoBRIEF-Black Stone Minerals Q4 average production 29.8 mboe/d, an increase of 10 pct from 2015
www.reuters.com - February 28 at 6:39 PM
us.rd.yahoo.com logoBlack Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2016 Results and Provides Guidance for 2017
us.rd.yahoo.com - February 28 at 1:39 PM
biz.yahoo.com logoBLACK STONE MINERALS, L.P. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosur
biz.yahoo.com - February 28 at 1:38 PM
biz.yahoo.com logoBlack Stone Minerals LP Earnings Call scheduled for 10:00 am ET today
biz.yahoo.com - February 28 at 1:38 PM
biz.yahoo.com logoQ4 2016 Black Stone Minerals LP Earnings Release - After Market Close
biz.yahoo.com - February 27 at 12:49 PM

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Chart

Black Stone Minerals LP (BSM) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff