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.
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 Ratio16.85
Forward P/E Ratio18.70
P/E GrowthN/A
Sales & Book Value
Annual Sales$429.66 million
Price / Sales8.11
Cash Flow$1.0752 per share
Price / Cash15.83
Book Value$4.00 per share
Price / Book4.26
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. Stockholders 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 dividend yield of 8.70%. The ex-dividend date of this dividend is Tuesday, November 13th. This is an increase 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) announced its earnings results on Monday, May, 7th. The oil and gas producer reported $0.41 EPS for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.23. The oil and gas producer earned $114.49 million during the quarter, compared to the consensus estimate of $106 million. Black Stone Minerals had a net margin of 18.62% and a return on equity of 10.87%. View Black Stone Minerals' Earnings History.
When is Black Stone Minerals' next earnings date?
What price target have analysts set for BSM?
4 Wall Street analysts have issued 1 year target prices for Black Stone Minerals' shares. Their predictions range from $18.00 to $21.00. On average, they anticipate Black Stone Minerals' stock price to reach $19.6667 in the next twelve months. This suggests a possible upside of 15.6% 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?
Press coverage about BSM stock has trended neutral recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Black Stone Minerals earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the oil and gas producer a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Black Stone Minerals' key competitors?
Some companies that are related to Black Stone Minerals include Devon Energy (DVN), Rwe Ag Sp (RWEOY), GALP ENERGIA SG/ADR (GLPEY), TORAY INDUSTRIE/ADR (TRYIY), Noble Energy (NBL), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Cenovus Energy (CVE), Cimarex Energy (XEC), Encana (ECA), Energen (EGN), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR) and Centennial Resource Development (CDEV).
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 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 are Black Stone Minerals' major shareholders?
Black Stone Minerals' stock is owned by many different of institutional and retail investors. Top institutional shareholders include CI Global Investments Inc. (3.47%), FMR LLC (0.55%), Brown Advisory Inc. (0.30%), Gruss & Co. Inc. (0.18%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.17%) and Renaissance Technologies LLC (0.14%). Company insiders that own Black Stone Minerals stock include Alexander D Stuart, Brock Morris, 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, Cullen Frost Bankers Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., FMR LLC, Sumitomo Mitsui Trust Holdings Inc., Credit Suisse AG and Brown Advisory Inc.. 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 acquired 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, 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 $17.02.
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?
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)
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.
