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

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

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 maximizing the value of its existing portfolio of mineral and royalty assets through active management and expanding its asset base through acquisitions of additional mineral and royalty interests. As of December 31, 2016, it owned mineral interests in approximately 15.5 million acres, with an average 45.7% ownership interest in that acreage. As of December 31, 2016, it also owned nonparticipating royalty interests in 1.5 million acres and overriding royalty interests in 1.5 million acres. As of December 31, 2016, these non-cost-bearing interests, which it referred to collectively as its mineral and royalty interests, included ownership in 50,000 producing wells. As of December 31, 2016, its mineral and royalty interests were located in 41 states and in 64 onshore basins in the continental United States.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Exploration and Production
  • Sub-Industry: N/A
  • Symbol: NYSE:BSM
  • CUSIP: N/A
  • Web: www.blackstoneminerals.com
Capitalization:
  • Market Cap: $1.7384 billion
  • Outstanding Shares: 196,048,000
Average Prices:
  • 50 Day Moving Avg: $17.20
  • 200 Day Moving Avg: $16.53
  • 52 Week Range: $15.12 - $19.86
P/E:
  • Trailing P/E Ratio: 23.44
  • Foreward P/E Ratio: 19.38
  • P/E Growth: 1.40
Sales & Book Value:
  • Annual Revenue: $332.04 million
  • Price / Sales: 10.19
  • Book Value: $3.93 per share
  • Price / Book: 4.39
Dividend:
  • Annual Dividend: $1.25
  • Dividend Yield: 7.2%
Profitability:
  • EBITDA: $267.2 million
  • Net Margins: 22.71%
  • Return on Equity: 12.67%
  • Return on Assets: 7.72%
Debt:
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 2.19%
  • Quick Ratio: 2.19%
Misc:
  • Average Volume: 138,612 shs.
  • Beta: 0.28
  • Short Ratio: 3.83
 

Frequently Asked Questions for Black Stone Minerals, L.P. (NYSE:BSM)

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 Tuesday, August 8th. Stockholders of record on Thursday, August 17th will be paid a dividend of $0.313 per share on Thursday, August 24th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.26%. The ex-dividend date is Tuesday, August 15th. This is an increase from Black Stone Minerals, L.P.'s previous quarterly dividend of $0.29. View Black Stone Minerals, L.P.'s Dividend History.

How were Black Stone Minerals, L.P.'s earnings last quarter?

Black Stone Minerals, L.P. (NYSE:BSM) posted its quarterly earnings results on Monday, August, 7th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.14. The company earned $120.52 million during the quarter, compared to analysts' expectations of $95.87 million. Black Stone Minerals, L.P. had a net margin of 22.71% and a return on equity of 12.67%. View Black Stone Minerals, L.P.'s Earnings History.

When will Black Stone Minerals, L.P. make its next earnings announcement?

Black Stone Minerals, L.P. is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Black Stone Minerals, L.P..

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

4 brokerages have issued twelve-month price targets for Black Stone Minerals, L.P.'s shares. Their predictions range from $17.00 to $20.00. On average, they expect Black Stone Minerals, L.P.'s stock price to reach $18.50 in the next twelve months. View Analyst Ratings for Black Stone Minerals, L.P..

What are analysts saying about Black Stone Minerals, L.P. stock?

Here are some recent quotes from research analysts about Black Stone Minerals, L.P. stock:

  • 1. According to Zacks Investment Research, "Black Stone Minerals, L.P. is the owner of oil and natural gas mineral primarily in the United States. Black Stone Minerals, L.P. is based in Houston, United States. " (10/16/2017)
  • 2. Stifel Nicolaus analysts commented, "We are upgrading units to Buy from Hold following the recent pullback in units and maintain our target price of $19.00. While commodity prices have recently come under pressure, we remind investors the partnership has hedged approximately 74% of its FY17 production. Coupled with the current subordinated structure, we continue to forecast the partnership will raise its DPU as planned in 2Q17 and, in turn, view the relatively known DPU outlook attractive in the recent volatile commodity environment." (3/23/2017)

Who are some of Black Stone Minerals, L.P.'s key competitors?

Who are Black Stone Minerals, L.P.'s key executives?

Black Stone Minerals, L.P.'s management team includes the folowing people:

  • Thomas L. Carter Jr., Chairman of the Board, President, Chief Executive Officer of General Partner
  • Jeffrey P. Wood, Chief Financial Officer, Senior Vice President of General Partner
  • Luke Stevens Putman, Senior Vice President, General Counsel, Secretary of General Partner
  • Holbrook F. Dorn, Senior Vice President - Business Development of General Partner
  • Brock E. Morris, Senior Vice President - Engineering and Geology of General Partner
  • Dawn K. Smajstrla, Chief Accounting Officer, Vice President of General Partner
  • William G. Bardel, Independent Director of General Partner
  • Carin Marcy Barth, Independent Director of General Partner
  • D. Mark DeWalch, Independent Director of General Partner
  • Ricky J. Haeflinger, Independent Director of General Partner

When did Black Stone Minerals, L.P. 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.

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.

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

One share of Black Stone Minerals, L.P. stock can currently be purchased for approximately $17.25.


MarketBeat Community Rating for Black Stone Minerals, L.P. (NYSE BSM)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  110 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  227
MarketBeat's community ratings are surveys of what our community members think about Black Stone Minerals, L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Black Stone Minerals, L.P. (NYSE:BSM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $18.50 (7.25% upside)
Consensus Price Target History for Black Stone Minerals, L.P. (NYSE:BSM)
Price Target History for Black Stone Minerals, L.P. (NYSE:BSM)
Analysts' Ratings History for Black Stone Minerals, L.P. (NYSE:BSM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/22/2017Stifel NicolausReiterated RatingBuy$18.00LowView Rating Details
9/18/2017Piper Jaffray CompaniesLower Price TargetOverweight$20.00 -> $19.00LowView Rating Details
7/22/2017ScotiabankSet Price TargetHold$20.00LowView Rating Details
7/13/2017Barclays PLCLower Price TargetOverweight$19.00 -> $17.00LowView Rating Details
3/23/2016FBR & CoInitiated CoverageOutperform$17.00N/AView Rating Details
11/12/2015Citigroup Inc.Lower Price TargetBuy$22.00 -> $18.00N/AView Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for Black Stone Minerals, L.P. (NYSE:BSM)
Earnings by Quarter for Black Stone Minerals, L.P. (NYSE:BSM)
Earnings History by Quarter for Black Stone Minerals, L.P. (NYSE BSM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.16N/AView Earnings Details
8/7/2017Q2 2017$0.18$0.32$95.87 million$120.52 millionViewListenView Earnings Details
2/27/2017Q416$0.16$0.01$88.72 million$56.71 millionViewListenView Earnings Details
11/7/2016Q316$0.12$0.14$89.40 million$99.20 millionViewListenView Earnings Details
8/12/2015Q215$0.13$0.67$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)
2017 EPS Consensus Estimate: $0.66
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.17$0.17$0.17
Q2 20171$0.16$0.16$0.16
Q3 20171$0.16$0.16$0.16
Q4 20171$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Black Stone Minerals, L.P. (NYSE:BSM)
Most Recent Dividend:8/24/2017
Annual Dividend:$1.25
Dividend Yield:7.25%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:150.60% (Trailing 12 Months of Earnings)
166.67% (Based on This Year's Estimates)
140.45% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Black Stone Minerals, L.P. (NYSE:BSM)

Dividend History by Quarter for Black Stone Minerals, L.P. (NYSE BSM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/8/2017quarterly$0.317.65%8/15/20178/17/20178/24/2017
5/8/2017quarterly$0.296.85%5/16/20175/18/20175/25/2017
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 and Institutional Ownership History for Black Stone Minerals, L.P. (NYSE:BSM)
Insider Ownership Percentage: 25.00%
Institutional Ownership Percentage: 21.36%
Insider Trades by Quarter for Black Stone Minerals, L.P. (NYSE:BSM)
Institutional Ownership by Quarter for Black Stone Minerals, L.P. (NYSE:BSM)
Insider Trades by Quarter for Black Stone Minerals, L.P. (NYSE:BSM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/9/2017Alexander D StuartDirectorBuy18,650$16.00$298,400.00View SEC Filing  
6/9/2017Thomas L Carter JrCEOBuy7,750$15.86$122,915.00View SEC Filing  
5/12/2017Thomas L Carter JrCEOBuy17,600$16.95$298,320.00View SEC Filing  
4/3/2017Brock MorrisSVPSell18,000$16.33$293,940.00View SEC Filing  
3/7/2017Dawn SmajstrlaVPSell7,851$17.19$134,958.69View SEC Filing  
3/7/2017Ricky J HaeflingerDirectorBuy1,000$17.04$17,040.00View SEC Filing  
3/6/2017Dawn SmajstrlaCAOSell7,000$17.20$120,400.00View SEC Filing  
3/3/2017Thomas L Carter JrCEOBuy14,000$17.51$245,140.00View SEC Filing  
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

Headline Trends for Black Stone Minerals, L.P. (NYSE:BSM)
Latest Headlines for Black Stone Minerals, L.P. (NYSE:BSM)
Source:
DateHeadline
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - October 16 at 8:44 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) & Its Peers Critical Survey
www.americanbankingnews.com - October 14 at 4:14 AM
americanbankingnews.com logoAnalyzing Black Stone Minerals, L.P. (BSM) and The Competition
www.americanbankingnews.com - October 13 at 8:30 PM
finance.yahoo.com logoBlack Stone Minerals, L.P. Schedules Earnings Call for Third Quarter of 2017; Announces Participation in Investor Relations Event
finance.yahoo.com - October 11 at 6:16 PM
finance.yahoo.com logoBlack Stone Minerals LP breached its 50 day moving average in a Bearish Manner : BSM-US : October 10, 2017
finance.yahoo.com - October 10 at 6:01 PM
finance.yahoo.com logoWhere Short Interest in Viper Energy Stands Now
finance.yahoo.com - October 10 at 6:01 PM
finance.yahoo.com logoAre Institutional Investors Bearish on VNOM and BSM?
finance.yahoo.com - October 10 at 6:01 PM
finance.yahoo.com logoHow VNOM and BSM Compare on Distribution Growth
finance.yahoo.com - October 9 at 5:33 PM
finance.yahoo.com logoWhy High Leverage Is Not a Concern for VNOM and BSM
finance.yahoo.com - October 9 at 5:33 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - October 8 at 6:50 AM
finance.yahoo.com logoWhy VNOM Has Higher Margins than BSM
finance.yahoo.com - October 6 at 10:02 PM
finance.yahoo.com logoWhat’s Driving Viper Energy Partners’ Strong Production Growth?
finance.yahoo.com - October 6 at 5:01 PM
finance.yahoo.com logoAnalysts Are Leaning This Way on Royalty Owners VNOM and BSM
finance.yahoo.com - October 6 at 5:01 PM
finance.yahoo.com logoBehind VNOM’s and BSM’s Net Royalty Acres
finance.yahoo.com - October 6 at 5:01 PM
americanbankingnews.com logoFinancial Review: Black Stone Minerals, L.P. (BSM) versus Its Competitors
www.americanbankingnews.com - September 30 at 8:18 PM
americanbankingnews.com logoStifel Nicolaus Reiterates Buy Rating for Black Stone Minerals, L.P. (BSM)
www.americanbankingnews.com - September 23 at 9:38 PM
finance.yahoo.com logoETFs with exposure to Black Stone Minerals LP : September 19, 2017
finance.yahoo.com - September 19 at 9:51 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Given New $19.00 Price Target at Piper Jaffray Companies
www.americanbankingnews.com - September 18 at 10:16 PM
americanbankingnews.com logo Brokerages Expect Black Stone Minerals, L.P. (BSM) Will Announce Quarterly Sales of $96.36 Million
www.americanbankingnews.com - September 17 at 3:54 AM
finance.yahoo.com logoWhat Is Black Stone Minerals LP’s (BSM) Share Price Doing?
finance.yahoo.com - September 15 at 10:11 PM
finance.yahoo.com logoBlack Stone Minerals LP :BSM-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 13 at 5:58 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 13 at 6:38 AM
nasdaq.com logoBlack Stone Minerals Breaks Above 200-Day Moving Average - Bullish for BSM
www.nasdaq.com - August 31 at 4:41 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Expected to Announce Quarterly Sales of $97.57 Million
www.americanbankingnews.com - August 30 at 11:46 AM
americanbankingnews.com logoFinancial Analysis: Denbury Resources (DNR) vs. Black Stone Minerals, L.P. (BSM)
www.americanbankingnews.com - August 24 at 8:38 AM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 19 at 6:50 AM
seekingalpha.com logoBlack Stone Minerals (BSM) Presents At EnerCom Oil & Gas Conference - Slideshow
seekingalpha.com - August 16 at 10:22 PM
finance.yahoo.com logoMLP Winners Last Week
finance.yahoo.com - August 15 at 5:35 PM
msn.com logoBlack Stone Minerals' (BSM) CEO Thomas Carter on Q2 2017 Results - Earnings Call Transcript
www.msn.com - August 13 at 2:25 AM
nasdaq.com logoBlack Stone Minerals About To Put More Money In Your Pocket (BSM)
www.nasdaq.com - August 11 at 5:11 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (NYSE:BSM) & Newfield Exploration (NFX) Financial Contrast
www.americanbankingnews.com - August 10 at 12:32 AM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Declares $0.31 Dividend
www.americanbankingnews.com - August 9 at 11:10 AM
finance.yahoo.com logoEdited Transcript of BSM earnings conference call or presentation 8-Aug-17 2:00pm GMT
finance.yahoo.com - August 9 at 2:32 AM
News IconBRIEF-Black Stone Minerals L.P production for Q2 averaged 37.3 MBoe/d, a 5% increase over prior quarter
www.businessinsider.com - August 8 at 4:29 PM
finance.yahoo.com logoInvestor Network: Black Stone Minerals LP to Host Earnings Call
finance.yahoo.com - August 8 at 4:29 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Posts Earnings Results, Beats Estimates By $0.14 EPS
www.americanbankingnews.com - August 8 at 10:51 AM
finance.yahoo.com logoBlack Stone Minerals tops Street 2Q forecasts
finance.yahoo.com - August 7 at 10:17 PM
finance.yahoo.com logoBlack Stone Minerals, L.P. Reports Second Quarter 2017 Results and Declares Increased Cash Distribution on Common and Subordinated Units; Raises Full Year 2017 Production Guidance
finance.yahoo.com - August 7 at 5:15 PM
seekingalpha.com logoBlack Stone Minerals beats by $0.16, beats on revenue
seekingalpha.com - August 7 at 4:43 PM
finance.yahoo.com logoBlack Stone Minerals LP – Value Analysis (NYSE:BSM) : July 31, 2017
finance.yahoo.com - July 31 at 9:51 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (NYSE:BSM) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - July 31 at 8:18 AM
nasdaq.com logoMLPJ's Holdings Imply 14% Gain Potential
www.nasdaq.com - July 28 at 6:12 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (NYSE:BSM) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 25 at 8:42 AM
americanbankingnews.com logoBlack Stone Minerals LP (NYSE:BSM) Given a $20.00 Price Target by Scotiabank Analysts
www.americanbankingnews.com - July 23 at 10:40 PM
americanbankingnews.com logo Analysts Expect Black Stone Minerals, L.P. (BSM) Will Announce Quarterly Sales of $97.26 Million
www.americanbankingnews.com - July 22 at 9:16 AM
americanbankingnews.com logoBlack Stone Minerals, L.P. (BSM) Expected to Announce Earnings of $0.19 Per Share
www.americanbankingnews.com - July 20 at 4:28 PM
seekingalpha.com logoBlack Stone Minerals: Safe Distribution Despite Subordinated Conversion
seekingalpha.com - July 19 at 5:58 PM
finance.yahoo.com logoBlack Stone Minerals LP breached its 50 day moving average in a Bullish Manner : BSM-US : July 17, 2017
finance.yahoo.com - July 17 at 5:09 PM
americanbankingnews.com logoBlack Stone Minerals, L.P. (NYSE:BSM) Stock Rating Reaffirmed by Barclays PLC
www.americanbankingnews.com - July 13 at 2:14 PM
forbes.com logoThis Oil MLP Gushes 7% In Yield
www.forbes.com - July 11 at 5:47 PM

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Chart

Black Stone Minerals, L.P. (BSM) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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