Black Stone Minerals LP
BSM
ISIN US09225M1018 / Valor 27630313
Black Stone Minerals LP
UMushroom community rating:
About company
Black Stone Minerals LP is a company that manages institutionally-backed private investment funds, having invested over $1.2 billion in various transactions from 2002 through 2010. The company offers limited partners the option to exchange their interests for equity, with over 90% choosing to do so. In 2010, Black Stone made its largest acquisition to date by purchasing mineral and royalty assets from affiliates of Noble Energy for $335 million.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (20.08.2024):
Production Increase
Black Stone Minerals LP reported mineral and royalty production of 37.3 MBoe/d for the third quarter of 2022, marking a 23% increase over the prior quarter. Total production, including working interest volumes, was 40.0 MBoe/d for the quarter.
Net Income
For the third quarter of 2022, Black Stone Minerals LP achieved a net income of $168.5 million. This represents a significant increase compared to the net income of $131.8 million in the preceding quarter.
Adjusted EBITDA
Black Stone Minerals LP reported an adjusted EBITDA of $123.1 million for the third quarter of 2022. This figure is a 9% increase over the previous quarter and the highest level recorded by the company as a public entity.
Distributable Cash Flow
Distributable cash flow for Black Stone Minerals LP in the third quarter of 2022 was $116.5 million. This is a 9% increase relative to the second quarter of 2022 and also a record high for the company.
Dividend Announcement
Black Stone Minerals LP announced a distribution of $0.45 per unit for the third quarter of 2022. This represents a 7% increase from the distribution paid with respect to the second quarter of 2022, with a distribution coverage ratio of 1.24x.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2981 M
Market cap (USD)
71,248
Daily traded volume (Shares)
14.24 / 14.04
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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