Black Stone Minerals, L.P.
NNYSE:BSMRecent
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9.10%
ROIC.AI
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- Black Stone Minerals, L.P. (NYSE: BSM) owns and manages one of the largest portfolios of mineral and royalty interests in the United States, primarily focused on generating stable cash flows through non-operated working interests, royalty interests, and non-participating royalty interests in oil and natural gas properties. The company offers exposure to upstream energy production via its extensive acreage, encompassing approximately 20 million gross acres across key producing basins including the Permian, Eagle Ford, Bakken, and Haynesville shales; its assets produce oil, natural gas, and natural gas liquids sold to downstream marketers, refiners, and end-users. Black Stone Minerals operates through two main segments: Mineral and Royalty Interests, which provide fee-based revenues insulated from direct drilling costs, and Working Interest segment, involving limited operational involvement in select joint ventures. Headquartered in Houston, Texas, the partnership was formed in 1876, with modern operations tracing back to its 2015 initial public offering as a master limited partnership (MLP). It conducts business nationwide, with significant concentrations in Texas, Louisiana, North Dakota, Arkansas, New Mexico, and Oklahoma, targeting exploration and production companies as lessees and joint venture partners. The company maintains a diversified portfolio free of direct drilling obligations, emphasizing high-margin royalty production that accounts for the majority of its output. In recent developments, Black Stone Minerals completed a strategic acquisition of additional royalty interests in the Permian Basin in late 2024, enhancing its position in one of the most prolific U.S. oil plays; it also announced a new joint venture partnership in 2025 for Eagle Ford development, aimed at expanding non-operated production volumes. The partnership reported record quarterly distributions in Q3 2025, supported by sustained commodity prices and optimized hedging strategies. No major name changes, reorganizations, or funding rounds have occurred in the last 1-2 years, reflecting operational stability amid energy market volatility.
Company News
Black Stone Minerals, L.P. Announces Distribution Increase and Schedules Earnings Call to Discuss Third Quarter 2026 Results
Black Stone Minerals (NYSE:BSM) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened
Black Stone Minerals (NYSE:BSM) Stock Price Breaks Above 50 Day Moving Average – Should You Sell?
Black Stone Minerals: The Payout Is Growing Again
Black Stone Minerals (NYSE:BSM) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened
Black Stone Minerals (NYSE:BSM) Director James Whitehead Sells 2,127,105 Shares
Black Stone Minerals Q2 Earnings Call Highlights
Black Stone Minerals, L.P. Common Units (BSM) Q2 2026 Earnings Call Transcript
Black Stone Minerals, L.P. Reports Second Quarter Results
EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado
Black Stone Minerals, L.P. Announces Distribution Increase and Schedules Earnings Call to Discuss Second Quarter 2026 Results
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Black Stone Minerals, L.P. Common Units (BSM) Q1 2026 Earnings Call Transcript
Black Stone Minerals, L.P. Reports First Quarter Results
While Asia and Europe scramble for natural gas, the US glut has nowhere to go
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss First Quarter 2026 Results
Black Stone Minerals: May See Modest Benefits From Improved Long-Term Oil Prices
Insider Sells Shares in Offbeat Oil and Gas Royalty Stock. Should You Too?
Luke Stevens Putman Sells 29,386 Shares of Black Stone Minerals (NYSE:BSM) Stock