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 Ratio1.16
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio18.22
Forward P/E Ratio21.15
P/E GrowthN/A
Sales & Book Value
Annual Sales$429.66 million
Price / Sales8.67
Cash Flow$1.0754 per share
Price / Cash17.11
Book Value$3.86 per share
Price / Book4.77
Profitability
EPS (Most Recent Fiscal Year)$1.01
Net Income$157.18 million
Net Margins17.79%
Return on Equity9.32%
Return on Assets4.74%
Miscellaneous
Employees113
Outstanding Shares202,360,000
Market Cap$3.72 billion
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, August 6th. Investors of record on Thursday, August 16th will be given a dividend of $0.338 per share on Thursday, August 23rd. This represents a $1.35 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date is Wednesday, August 15th. 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, August, 6th. The oil and gas producer reported $0.17 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.25 by $0.08. The oil and gas producer had revenue of $109.31 million for the quarter, compared to analysts' expectations of $122.98 million. Black Stone Minerals had a return on equity of 9.32% and a net margin of 17.79%. View Black Stone Minerals' Earnings History.
When is Black Stone Minerals' next earnings date?
What price target have analysts set for BSM?
4 brokerages have issued 1-year price targets for Black Stone Minerals' stock. Their forecasts range from $18.00 to $21.00. On average, they expect Black Stone Minerals' stock price to reach $19.6667 in the next year. This suggests a possible upside of 6.9% 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.
Who are some of Black Stone Minerals' key competitors?
Some companies that are related to Black Stone Minerals include GALP ENERGIA SG/ADR (GLPEY), Noble Energy (NBL), EQT (EQT), Diamondback Energy (FANG), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Cenovus Energy (CVE), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), Energen (EGN), WPX Energy (WPX), RSP Permian (RSPP), Antero Resources (AR) and Newfield Exploration (NFX).
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 IPO on Friday, May 1st 2015. The company issued 22,500,000 shares at $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.
Who are Black Stone Minerals' major shareholders?
Black Stone Minerals' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Zions Bancorporation (1.30%), FMR LLC (0.55%), Renaissance Technologies LLC (0.14%), First Trust Advisors LP (0.12%), Adviser Investments LLC (0.10%) and Van ECK Associates Corp (0.09%). 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 institutional investors are selling Black Stone Minerals stock?
BSM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of America Corp DE, First Trust Advisors LP and GSA Capital Partners LLP. 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 institutional investors are buying Black Stone Minerals stock?
BSM stock was bought by a variety of institutional investors in the last quarter, including Zions Bancorporation, Renaissance Technologies LLC, Adviser Investments LLC, Sumitomo Mitsui Trust Holdings Inc., Raymond James & Associates, Penn Davis Mcfarland Inc., Van ECK Associates Corp and California Public Employees Retirement System. 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 $18.40.
How big of a company is Black Stone Minerals?
Black Stone Minerals has a market capitalization of $3.72 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 investorrelatio[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.
