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
SymbolNYSE:BSM
CUSIPN/A
Phone713-445-3200
Debt
Debt-to-Equity Ratio0.55
Current Ratio1.82
Quick Ratio1.82
Price-To-Earnings
Trailing P/E Ratio17.58
Forward P/E Ratio17.42
P/E GrowthN/A
Sales & Book Value
Annual Sales$429.66 million
Price / Sales8.25
Cash Flow$1.0565 per share
Price / Cash16.65
Book Value$3.86 per share
Price / Book4.56
Profitability
EPS (Most Recent Fiscal Year)$1.01
Net Income$157.18 million
Net Margins20.78%
Return on Equity11.19%
Return on Assets6.11%
Miscellaneous
Employees113
Outstanding Shares201,550,000
Market Cap$3,607.71
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, May 7th. Shareholders of record on Thursday, May 17th will be given a dividend of $0.313 per share on Thursday, May 24th. This represents a $1.25 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date of this dividend is Wednesday, May 16th. This is a positive change from Black Stone Minerals's previous quarterly dividend of $0.31. View Black Stone Minerals' Dividend History.
How were Black Stone Minerals' earnings last quarter?
Black Stone Minerals LP (NYSE:BSM) announced its quarterly earnings data on Monday, May, 7th. The oil and gas producer reported $0.41 EPS 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 the consensus estimate of $106 million. Black Stone Minerals had a net margin of 20.78% and a return on equity of 11.19%. View Black Stone Minerals' Earnings History.
What price target have analysts set for BSM?
5 brokers have issued 12-month target prices for Black Stone Minerals' shares. Their predictions range from $18.00 to $20.00. On average, they anticipate Black Stone Minerals' share price to reach $19.40 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Ratings for Black Stone Minerals.
What is the consensus analysts' recommendation for Black Stone Minerals?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Black Stone Minerals' key competitors?
Some companies that are related to Black Stone Minerals include Diamondback Energy (FANG), Cenovus Energy (CVE), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Vermilion Energy (VET), 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 L.L.C (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 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.
Has Black Stone Minerals been receiving favorable news coverage?
News articles about BSM stock have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Black Stone Minerals earned a media sentiment score of 0.13 on Accern's scale. They also assigned headlines about the oil and gas producer an impact score of 45.84 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Black Stone Minerals' major shareholders?
Black Stone Minerals' stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.06%). 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 and Thomas L Carter Jr. View Institutional Ownership Trends for Black Stone Minerals.
Which major investors are buying Black Stone Minerals stock?
BSM stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have bought Black Stone Minerals stock in the last two years include Alexander D Stuart, Ricky J Haeflinger and Thomas L Carter Jr. 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 $17.58.
How big of a company is Black Stone Minerals?
Black Stone Minerals has a market capitalization of $3.61 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.
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.
