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Black Stone Minerals L P - BSM STOCK NEWS

Welcome to our dedicated page for Black Stone Minerals L P news (Ticker: BSM), a resource for investors and traders seeking the latest updates and insights on Black Stone Minerals L P stock.

Black Stone Minerals LP (BSM) delivers strategic management of oil and natural gas mineral assets across 18 million acres in the United States. This page provides investors and industry professionals with centralized access to official company announcements and market-moving developments.

Track BSM's latest earnings reports, mineral acquisitions, and partnership agreements alongside operational updates on royalty interests and lease structures. Our curated news feed ensures you stay informed about initiatives that drive the company's value creation in energy markets.

Discover updates on BSM's active portfolio management strategies including working interest participation and innovative drilling incentives. All content is verified for accuracy, offering a reliable resource for monitoring this industry leader's performance.

Bookmark this page for real-time insights into how Black Stone Minerals LP continues to optimize one of North America's most extensive mineral asset portfolios through disciplined acquisitions and operational expertise.

News

Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2023 Results; Provides Guidance for 2024

Rhea-AI Summary
Black Stone Minerals, L.P. (BSM) releases financial results for Q4 and full year 2023, with an emphasis on production, net income, and distribution. Despite a decrease in production and distributable cash flow, BSM maintained a strong financial position with zero debt and increased cash distributions. The company's management remains optimistic about long-term prospects, despite challenges in the natural gas market.
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Black Stone Minerals, L.P. Maintains Fourth Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Fourth Quarter and Year-End 2023 Results

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Black Stone Minerals, L.P. (NYSE: BSM) declared a cash distribution of $0.475 per unit for the fourth quarter of 2023, maintaining the distribution level with the third quarter. The distribution will be payable on February 23, 2024, to unitholders of record on February 16, 2024. Additionally, the Partnership announced the date for its fourth quarter and full-year 2023 earnings call, scheduled for February 20, 2024. The call will be broadcast live on the Company’s investor relations website.
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Black Stone Minerals, L.P. Announces Shelby Trough Operational Update

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Black Stone Minerals, L.P. (NYSE: BSM) announced that Aethon Energy is exercising the 'time-out' provisions under its joint exploration agreements with the Company in East Texas. Aethon will temporarily suspend its drilling obligations due to falling natural-gas prices. Black Stone does not expect a significant financial impact in the next twelve months and plans to issue 2024 guidance in late February 2024.
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Black Stone Minerals, L.P. Reports Third Quarter Results

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Black Stone Minerals, L.P. (NYSE: BSM) announces its financial and operating results for Q3 2023. Mineral and royalty production increased by 20% compared to the previous quarter. Net income for the quarter was $62.1 million. Adjusted EBITDA totaled $130.0 million. The company approved a $150 million common unit repurchase program.
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Black Stone Minerals, L.P. Maintains Third Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Third Quarter 2023 Results

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Black Stone Minerals, L.P. declares distribution for Q3 2023 and announces earnings call date.
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Black Stone Minerals, L.P. Reports Second Quarter Results

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Black Stone Minerals, L.P. (NYSE: BSM) has announced its financial and operating results for the second quarter of 2023. Key highlights include a decrease in mineral and royalty production by 9% compared to the previous quarter, net income of $78.4 million, and adjusted EBITDA of $109.2 million. The company also announced a distribution of $0.475 per unit, representing a 13% increase from the previous year.
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Black Stone Minerals, L.P. Maintains Second Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Second Quarter 2023 Results

Rhea-AI Summary
Black Stone Minerals, L.P. declares a cash distribution of $0.475 per unit for the second quarter of 2023, maintaining the distribution level with Q1 2023 and representing a 13% increase compared to Q2 2022. The distribution will be payable on August 18, 2023. The Partnership will release details of its Q2 2023 results on July 31, 2023, with a conference call scheduled for August 1, 2023.
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Black Stone Minerals and Longroad Energy Sign Exclusive, Multi-State Mineral Rights Agreement

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Black Stone Minerals, L.P. Reports First Quarter Results

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Black Stone Minerals, L.P. Declares First Quarter 2023 Distribution for Common Units and Schedules Earnings Call to Discuss First Quarter 2023 Results

Rhea-AI Summary

Black Stone Minerals, L.P. (NYSE: BSM) has declared a cash distribution of $0.475 per common unit for Q1 2023. This amount maintains the previous quarter's distribution and represents a 19% increase from Q1 2022. The distributions will be paid on May 19, 2023, to unitholders recorded by May 12, 2023. Additionally, the company will release its first quarter earnings on May 1, 2023, followed by a conference call on May 2, 2023, at 9:00 a.m. Central time. Black Stone holds mineral interests across 41 states, with a focus on stable cash flow generation for unitholders.

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Black Stone Minerals L P

NYSE:BSM

BSM Rankings

#1120 Ranked by Market Cap
#189 Ranked by Dividends

BSM Stock Data

3.09B
161.70M
21.57%
13.88%
1.11%
Oil & Gas E&P
Crude Petroleum & Natural Gas
Link
United States
HOUSTON