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
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 Ratio18.31
Forward P/E Ratio18.53
P/E GrowthN/A
Sales & Book Value
Annual Sales$429.66 million
Price / Sales8.78
Cash Flow$1.0884 per share
Price / Cash17.20
Book Value$3.86 per share
Price / Book4.85
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
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 paid a dividend of $0.313 per share on Thursday, May 24th. This represents a $1.25 annualized dividend and a yield of 6.77%. The ex-dividend date of this dividend is Wednesday, May 16th. This is a boost 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) posted its quarterly earnings data on Monday, May, 7th. The oil and gas producer reported $0.41 earnings per share (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 equities research analysts have issued 12-month target prices for Black Stone Minerals' shares. Their forecasts range from $18.00 to $20.00. On average, they anticipate Black Stone Minerals' share price to reach $19.40 in the next year. 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), EQT (EQT), Rwe Ag Sp (RWEOY), TORAY INDUSTRIE/ADR (TRYIY), Diamondback Energy (FANG), Encana (ECA), Cenovus Energy (CVE), Cabot Oil & Gas (COG), Cimarex Energy (XEC), Parsley Energy (PE), WPX Energy (WPX), Antero Resources (AR), Energen (EGN), RSP Permian (RSPP) 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 & Pres of Black Stone Minerals GP L.L.C (Age 66)
- Mr. Jeffrey P. Wood, Sr. VP & 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 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 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.
Has Black Stone Minerals been receiving favorable news coverage?
Media stories about BSM stock have trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Black Stone Minerals earned a media sentiment score of 0.15 on Accern's scale. They also assigned press coverage about the oil and gas producer an impact score of 46.21 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact 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 institutional and retail investors. Top institutional shareholders include CI Global Investments Inc. (2.21%), Evergreen Capital Management LLC (0.30%), Sentry Investments Corp. (0.28%), Yost Capital Management L.L.C. (0.09%), Van ECK Associates Corp (0.08%) and Dumac Inc. (0.07%). 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 JPMorgan Chase & Co., Evergreen Capital Management LLC, Dumac Inc., Sumitomo Mitsui Trust Holdings Inc., Freestone Capital Holdings LLC, UBS Group AG and Barclays PLC. 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 purchased by a variety of institutional investors in the last quarter, including CI Global Investments Inc., Adviser Investments LLC, Sentry Investments Corp., Van ECK Associates Corp, Wells Fargo & Company MN, Cullen Frost Bankers Inc., Royal Bank of Canada and Rockefeller Capital Management L.P.. 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 $18.49.
How big of a company is Black Stone Minerals?
Black Stone Minerals has a market capitalization of $3.73 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 (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.
