Black Stone Minerals, L.P. Company Profile (NYSE:BSM)

About Black Stone Minerals, L.P.

Black Stone Minerals, L.P. 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 managing its existing portfolio of mineral and royalty assets to maximize its value and expanding its asset base through acquisitions of additional mineral and royalty interests. It owns mineral interests in approximately 14.6 million acres, with an average of over 47.8% ownership interest in that acreage. It also owns nonparticipating royalty interests in approximately 1.3 million acres and overriding royalty interests in over 1.4 million acres. These non-cost-bearing interests, which it refers to mineral and royalty interests, include ownership in over 45,000 producing wells. Its mineral and royalty interests are located in over 41 states and in approximately 60 onshore basins in the continental United States. Many of these interests are in active resource plays, including the Bakken/Three Forks, Eagle Ford Shale and Fayetteville Shale plays.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: BSM
  • CUSIP:
Key Metrics:
  • Previous Close: $17.83
  • 50 Day Moving Average: $18.41
  • 200 Day Moving Average: $17.97
  • 52-Week Range: $190,925,000.00 - $12.18
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.52
  • P/E Growth: 2.56
  • Market Cap: $3.36B
  • Outstanding Shares: 190,925,000
  • Beta: 0.33
Profitability:
  • 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%
Additional Links:
Companies Related to Black Stone Minerals, L.P.:

Analyst Ratings

Consensus Ratings for Black Stone Minerals, L.P. (NYSE:BSM) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $19.00 (7.89% upside)

Analysts' Ratings History for Black Stone Minerals, L.P. (NYSE:BSM)
Show:
DateFirmActionRatingPrice TargetDetails
12/21/2016Stifel NicolausDowngradeBuy -> Hold$20.00View Rating Details
8/16/2016Barclays PLCBoost Price TargetOverweight$18.00 -> $20.00View Rating Details
3/23/2016FBR & CoInitiated CoverageOutperform$17.00View Rating Details
11/12/2015Citigroup Inc.Lower Price TargetBuy$22.00 -> $18.00View Rating Details
9/25/2015SimmonsInitiated CoverageOverweight$20.00View Rating Details
8/14/2015Raymond James Financial, Inc.Lower Price TargetOutperform$16.00View Rating Details
5/27/2015Credit Suisse GroupInitiated CoverageOutperform$20.00 -> $17.78View Rating Details
5/26/2015Bank of America CorpInitiated CoverageBuy$22.00View Rating Details
5/26/2015Howard WeilInitiated CoverageSector Perform$22.00 -> $22.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Black Stone Minerals, L.P. (NYSE:BSM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2017        
2/27/2017Q416$0.15$90.23 millionListenView Earnings Details
8/8/2016Q116$0.11($0.15)$77.50 million$40.57 millionViewListenView Earnings Details
5/9/2016Q1$0.10$0.32ViewListenView Earnings Details
8/12/2015Q215$0.13($0.56)$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, L.P. (NYSE:BSM)
Current Year EPS Consensus Estimate: $0.55 EPS
Next Year EPS Consensus Estimate: $0.69 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.10$0.10$0.10
Q2 20161$0.08$0.08$0.08
Q3 20161$0.04$0.04$0.04
Q4 20161$0.16$0.16$0.16
Q1 20171$0.17$0.17$0.17
Q2 20171$0.14$0.14$0.14
Q3 20171$0.14$0.14$0.14
Q4 20171$0.14$0.14$0.14
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Black Stone Minerals, L.P. (NYSE:BSM)
Annual Dividend:$1.15
Dividend Yield:6.53%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-958.25% (Based on Trailing 12 Months of Earnings)
209.09% (Based on Current Year Consensus EPS Estimate)
166.67% (Based on Next Year Consensus EPS Estimate)

Dividend History for Black Stone Minerals, L.P. (NYSE:BSM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Black Stone Minerals, L.P. (NYSE:BSM)
Insider Ownership Percentage: 24.30%
Institutional Ownership Percentage: 15.15%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Black Stone Minerals, L.P. (NYSE:BSM)
DateHeadline
nasdaq.com logoWhy Earnings Season Could Be Great for Black Stone Minerals (BSM) - Nasdaq (NYSE:BSM)
www.nasdaq.com - February 25 at 2:14 AM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Black Stone Minerals (BSM) (NYSE:BSM)
finance.yahoo.com - February 24 at 12:51 PM
News IconBlack Stone Minerals Forms JV For Haynesville/Bossier Wells (NYSE:BSM)
www.oilandgasinvestor.com - February 22 at 9:10 PM
streetinsider.com logoForm 4 Black Stone Minerals, For: Feb 16 Filed by: Putman Luke Stevens (NYSE:BSM)
www.streetinsider.com - February 22 at 12:05 PM
News IconBlack Stone Minerals enters farmout agreement with Canaan Resource Partners (NYSE:BSM)
www.ogfj.com - February 22 at 12:05 PM
News IconAnalysts Peer Into Their Crystal Balls For Black Stone Minerals LP (NYSE:BSM): Where Is It headed? - Winfield Review (NYSE:BSM)
winfieldreview.com - February 21 at 3:16 PM
businesswire.com logoBlack Stone Minerals, LP Announces Farmout Agreement Substantially Reducing Future Working Interest Capital ... - Business Wire (press release) (NYSE:BSM)
www.businesswire.com - February 21 at 12:50 PM
finance.yahoo.com logoBlack Stone Minerals, L.P. Announces Farmout Agreement Substantially Reducing Future Working Interest Capital Requirements (NYSE:BSM)
finance.yahoo.com - February 21 at 12:50 PM
News IconAre Analysts Optimistic About Where Black Stone Minerals LP (NYSE:BSM) is Heading? - Winfield Review (NYSE:BSM)
winfieldreview.com - February 18 at 8:25 AM
News IconBlack Stone Minerals Continues to Expand its Distribution by 9% (NYSE:BSM)
www.oilandgas360.com - February 17 at 11:07 AM
nasdaq.com logoBlack Stone Minerals, LP (BSM) Ex-Dividend Date Scheduled for February 15, 2017 - Nasdaq (NYSE:BSM)
www.nasdaq.com - February 16 at 4:07 PM
seekingalpha.com logoViper Energy: Net Cash Balance Sheet, 6% Yield And 50% Upside (NYSE:BSM)
seekingalpha.com - February 15 at 2:50 AM
nasdaq.com logoReminder - Black Stone Minerals (BSM) Goes Ex-Dividend Soon (NYSE:BSM)
www.nasdaq.com - February 13 at 4:38 PM
News IconInvestor Monitor: Looking Closer at Shares of Black Stone Minerals, LP (NYSE:BSM) - Rives Journal (NYSE:BSM)
rivesjournal.com - February 10 at 3:35 PM
businesswire.com logoBlack Stone Minerals, LP Announces Cash Distribution and Schedules Earnings Call for Fourth Quarter of 2016 - Business Wire (press release) (NYSE:BSM)
www.businesswire.com - February 10 at 3:35 PM
finance.yahoo.com logoEnerCom Dallas Oil & Gas Conference Announces More Presenting Companies (NYSE:BSM)
finance.yahoo.com - February 10 at 3:35 PM
seekingalpha.com logoBlack Stone Minerals declares $0.2875 dividend (NYSE:BSM)
seekingalpha.com - February 10 at 6:21 AM
finance.yahoo.com logoBlack Stone Minerals, L.P. Announces Cash Distribution and Schedules Earnings Call for Fourth Quarter of 2016 (NYSE:BSM)
finance.yahoo.com - February 9 at 9:23 PM
News IconDelving into The Charts on Black Stone Minerals, LP (NYSE:BSM) - Sherwood Daily (NYSE:BSM)
sherwooddaily.com - February 8 at 4:16 PM
News IconBlack Stone Minerals, LP (NYSE:BSM) Slips Lower Pre-Market - Aiken Advocate (NYSE:BSM)
aikenadvocate.com - February 8 at 4:16 PM
News IconLevels in Review for Black Stone Minerals, L.P. (NYSE:BSM) - The Tribune (NYSE:BSM)
lakecitytribune.com - January 30 at 4:01 PM
capitalcube.com logoBlack Stone Minerals LP breached its 50 day moving average in a Bearish Manner : BSM-US : January 30, 2017 (NYSE:BSM)
www.capitalcube.com - January 30 at 4:01 PM
News IconStocks Wilt on Friday But Pull Off Positive Week, How Did This One Fare: Black Stone Minerals, L.P. (NYSE:BSM) - Wall Street Beacon (NYSE:BSM)
wsbeacon.com - January 30 at 2:04 AM
News IconMarket Focus – Tracking These Shares: Black Stone Minerals, L.P. (NYSE:BSM) - The Tribune (NYSE:BSM)
lakecitytribune.com - January 26 at 4:50 PM
News IconMarket Focus – Tracking These Shares: Black Stone Minerals, L.P. (NYSE:BSM) - The Tribune (NYSE:BSM)
lakecitytribune.com - January 26 at 4:50 PM
News IconEarnings in Full Force, Analysts Take Aim at Black Stone Minerals LP (NYSE:BSM) - Wall Street Beacon (NYSE:BSM)
wsbeacon.com - January 26 at 4:50 PM
News IconEarnings in Full Force, Analysts Take Aim at Black Stone Minerals LP (NYSE:BSM) - Wall Street Beacon (NYSE:BSM)
wsbeacon.com - January 26 at 4:50 PM
marketexclusive.com logoInsider Trading Activity Black Stone Minerals, L.P. (NYSE:BSM) – SVP Sold 2094 shares of Stock - Market Exclusive (NYSE:BSM)
marketexclusive.com - January 26 at 3:09 AM
nasdaq.com logoAn interest in oil: Kimbell Royalty Partners sets terms for $100 million IPO - Nasdaq (NYSE:BSM)
www.nasdaq.com - January 25 at 10:07 PM
marketexclusive.com logoInsider Trading Activity Black Stone Minerals, L.P. (NYSE:BSM) – SVP Sold 2,094 shares of Stock (NYSE:BSM)
marketexclusive.com - January 25 at 5:05 PM
nasdaq.com logoKanaly Trust Co Buys Black Stone Minerals LP, McDonald's Corp, Novartis AG, Sells Reynolds ... (NYSE:BSM)
www.nasdaq.com - January 24 at 9:37 PM
News IconVC Score In Focus for Black Stone Minerals, L.P. (NYSE:BSM) - The Tribune (NYSE:BSM)
lakecitytribune.com - January 23 at 9:23 PM
realistinvestor.com logoAnalysts Rating Of Black Stone Minerals LP (NYSE:BSM) At 1.5 (NYSE:BSM)
www.realistinvestor.com - January 23 at 4:22 PM
capitalcube.com logoBlack Stone Minerals LP – Value Analysis (NYSE:BSM) : January 23, 2017 (NYSE:BSM)
www.capitalcube.com - January 23 at 4:22 PM
4-traders.com logoInsider Trading Activity Black Stone Minerals LP (NYSE:BSM) – SVP Sold 2,034 shares of Stock (NYSE:BSM)
www.4-traders.com - January 22 at 4:04 PM
marketexclusive.com logoInsider Trading Activity Black Stone Minerals LP (NYSE:BSM) – SVP Sold 2034 shares of Stock - Market Exclusive (NYSE:BSM)
marketexclusive.com - January 21 at 9:02 PM
capitalcube.com logoBlack Stone Minerals LP breached its 50 day moving average in a Bullish Manner : BSM-US : January 20, 2017 (NYSE:BSM)
www.capitalcube.com - January 20 at 5:05 PM
News IconEarnings Take Center Stage; Analysts Weighing in on Black Stone Minerals LP (NYSE:BSM) - Aiken Advocate (NYSE:BSM)
aikenadvocate.com - January 18 at 3:29 PM
realistinvestor.com logoBlack Stone Minerals LP (NYSE:BSM) Analysts Rating At 1.5 - RealistInvestor.com (NYSE:BSM)
www.realistinvestor.com - January 16 at 9:06 PM
News IconWill The Needle Move For Black Stone Minerals LP (NYSE:BSM) Shares This Earnings Season? - Wall Street Beacon (NYSE:BSM)
wsbeacon.com - January 12 at 4:20 PM
seekingalpha.com logoBlackstone Minerals (BSM) presents at UBS MLP One-on-One Conference (NYSE:BSM)
seekingalpha.com - January 10 at 4:38 PM
realistinvestor.com logoBlack Stone Minerals LP (NYSE:BSM) Analysts Rating At 1.5 (NYSE:BSM)
www.realistinvestor.com - January 9 at 10:12 PM
realistinvestor.com logoThe Growth Predict For Black Stone Minerals LP (NYSE:BSM) (NYSE:BSM)
www.realistinvestor.com - January 3 at 10:00 AM
investornewswire.com logoBlack Stone Minerals LP (NYSE:BSM) Strong Buy Recommendations At 4 - Investor Newswire (NYSE:BSM)
www.investornewswire.com - December 26 at 3:54 PM
finance.yahoo.com logoBlack Stone Minerals downgraded by Stifel (NYSE:BSM)
finance.yahoo.com - December 22 at 4:08 PM
News IconIs Black Stone Minerals (BSM) Stock a Solid Choice Right Now? - Yahoo News (NYSE:BSM)
www.yahoo.com - December 21 at 3:45 PM
News IconWatching the Levels on Shares of Black Stone Minerals, L.P. (NYSE:BSM) - Marion Business Daily (NYSE:BSM)
marionbusinessdaily.com - December 21 at 3:45 PM
us.rd.yahoo.com logoIs Black Stone Minerals (BSM) Stock a Solid Choice Right Now? (NYSE:BSM)
us.rd.yahoo.com - December 20 at 9:35 PM
investornewswire.com logoBlack Stone Minerals LP (NYSE:BSM) Strong Sell Recommendations At 0 - Investor Newswire (NYSE:BSM)
www.investornewswire.com - December 20 at 5:37 AM
News IconIs Black Stone Minerals (BSM) Stock a Solid Choice Right Now? - Yahoo Sports (NYSE:BSM)
sports.yahoo.com - December 20 at 5:37 AM

Social

What is Black Stone Minerals, L.P.'s stock symbol?

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

How often does Black Stone Minerals, L.P. pay dividends? What is the dividend yield for Black Stone Minerals, L.P.?

Black Stone Minerals, L.P. announced a quarterly dividend on Thursday, February 9th. Stockholders of record on Monday, February 20th will be given a dividend of $0.2875 per share on Monday, February 27th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 6.53%. The ex-dividend date of this dividend is Wednesday, February 15th.

Where is Black Stone Minerals, L.P.'s stock going? Where will Black Stone Minerals, L.P.'s stock price be in 2017?

3 analysts have issued 12 month price targets for Black Stone Minerals, L.P.'s shares. Their forecasts range from $17.00 to $20.00. On average, they expect Black Stone Minerals, L.P.'s stock price to reach $19.00 in the next year.

When will Black Stone Minerals, L.P. announce their earnings?

Black Stone Minerals, L.P. is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.

Who owns Black Stone Minerals, L.P. stock?

Black Stone Minerals, L.P.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include William Marsh Rice University (2.20%), Zions Bancorporation (1.38%), FMR LLC (0.85%), Brown Advisory Inc. (0.36%), BBR Partners LLC (0.27%) and Hawkins Capital L.P. (0.27%). Company insiders that own Black Stone Minerals, L.P. stock include Alexander D Stuart, Brock Morris, D Mark Dewalch, John H Longmaid, Luke Stevens Putman, Ricky J Haeflinger, Thomas L Carter Jr, William G Bardel and William N Mathis.

Who sold Black Stone Minerals, L.P. stock? Who is selling Black Stone Minerals, L.P. stock?

Black Stone Minerals, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Zions Bancorporation, Hawkins Capital L.P. and Van ECK Associates Corp. Company insiders that have sold Black Stone Minerals, L.P. stock in the last year include Brock Morris and Luke Stevens Putman.

Who bought Black Stone Minerals, L.P. stock? Who is buying Black Stone Minerals, L.P. stock?

Black Stone Minerals, L.P.'s stock was acquired by a variety of institutional investors in the last quarter, including William Marsh Rice University, Brown Advisory Inc., Guggenheim Capital LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Allianz Asset Management AG, Russell Investments Group Ltd., A.R.T. Advisors LLC and GSA Capital Partners LLP. Company insiders that have bought Black Stone Minerals, L.P. stock in the last two years include Alexander D Stuart, D Mark Dewalch, John H Longmaid, Ricky J Haeflinger, Thomas L Carter Jr, William G Bardel and William N Mathis.

How do I buy Black Stone Minerals, L.P. stock?

Shares of Black Stone Minerals, L.P. 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, L.P. stock cost?

One share of Black Stone Minerals, L.P. stock can currently be purchased for approximately $17.61.

Black Stone Minerals, L.P. (NYSE:BSM) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Black Stone Minerals, L.P. (NYSE:BSM)

Earnings History Chart

Earnings by Quarter for Black Stone Minerals, L.P. (NYSE:BSM)

Dividend History Chart

Dividend Payments by Quarter for Black Stone Minerals, L.P. (NYSE:BSM)

Last Updated on 2/27/2017 by MarketBeat.com Staff