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
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Phone713-445-3200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$609.57 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/6/2019 (Estimated)
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 Thursday, February 7th. Investors of record on Tuesday, February 19th will be given a dividend of $0.37 per share on Tuesday, February 26th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 8.21%. The ex-dividend date is Friday, February 15th. View Black Stone Minerals' Dividend History.
How were Black Stone Minerals' earnings last quarter?
Black Stone Minerals LP (NYSE:BSM) issued its earnings results on Monday, May, 7th. The oil and gas producer reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 38.58% and a return on equity of 28.67%. View Black Stone Minerals' Earnings History.
When is Black Stone Minerals' next earnings date?
What price target have analysts set for BSM?
4 analysts have issued twelve-month target prices for Black Stone Minerals' stock. Their forecasts range from $20.00 to $22.00. On average, they anticipate Black Stone Minerals' stock price to reach $21.00 in the next year. This suggests a possible upside of 16.5% 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 trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Black Stone Minerals earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company'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 Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), GALP ENERGIA SG/ADR (GLPEY), Noble Energy (NBL), Cabot Oil & Gas (COG), Cenovus Energy (CVE), TORAY INDUSTRIE/ADR (TRYIY), Energen (EGN), Encana (ECA), Cimarex Energy (XEC), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT) and Murphy Oil (MUR).
What other stocks do shareholders of Black Stone Minerals own?
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 67)
- Mr. Jeffrey P. Wood, Pres & CFO of Black Stone Minerals GP LLC (Age 48)
- Mr. Steve Putman, Sr. VP, Gen. Counsel & Sec. of Black Stone Minerals GP LLC (Age 44)
- Mr. Holbrook F. Dorn, Sr. VP of Bus. Devel. - Black Stone Minerals GP, L.L.C. (Age 42)
- Mr. Brock E. Morris, Sr. VP of Engineering & Geology for Black Stone Minerals GP LLC (Age 55)
When did Black Stone Minerals IPO?
(BSM) raised $450 million in an initial public offering 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 a variety of of retail and institutional investors. Top institutional investors include CI Investments Inc. (3.78%), CIBC Private Wealth Group LLC (0.55%), FMR LLC (0.54%), Brown Advisory Inc. (0.29%), BBR Partners LLC (0.26%) and Johns Hopkins University (0.20%). 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, 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 GSA Capital Partners LLP, First Trust Advisors LP, Rafferty Asset Management LLC, BBR Partners LLC, Van ECK Associates Corp, Bank of America Corp DE, Brown Advisory Inc. and FMR LLC. Company insiders that have sold Black Stone Minerals company stock in the last year include Brock Morris, 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 Investments Inc., Johns Hopkins University, CIBC Private Wealth Group LLC, Abacus Planning Group Inc., Bank of Montreal Can, Howard Financial Services LTD., Abacus Planning Group Inc. and Requisite Energy Fund I LP. Company insiders that have bought Black Stone Minerals stock in the last two years include Alexander D Stuart, D Mark Dewalch, 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 $18.03.
How big of a company is Black Stone Minerals?
Black Stone Minerals has a market capitalization of $3.70 billion and generates $609.57 million in revenue each year. The oil and gas producer earns $295.54 million in net income (profit) each year or $1.46 on an earnings per share basis.
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.
