Streetbeat News

BSM

Black Stone Minerals, L.P.

https://www.blackstoneminerals.com

Industry

Oil & Gas Exploration & Production

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.7 million gross acres located in 41 states in the United States. As of December 31, 2021, the company had a total estimated proved oil and natural gas reserves of 59,824 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.

Open

15.19

Mkt cap

3.2B

Volume

634K

High

15.38

P/E Ratio

9.48

52-wk high

17.80

Low

15.11

Div yield

0.13

52-wk low

13.94

Black Stone Minerals (NYSE:BSM) is scheduled to release its quarterly earnings report on February 19, 2024. Analysts predict an EPS of $0.49. The company's past earnings performance shows mixed results with both misses and beats in previous quarters. Shares were trading at $15.33 as of February 15, with a 0% change over the last 52-week period. Investors are keen on the upcoming earnings and particularly on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:00 pm

Piper Sandler analyst Mark Lear has maintained a Neutral rating on Black Stone Minerals (NYSE:BSM) but has reduced the price target from $17 to $16.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:39 pm

Stifel analyst Derrick Whitfield has maintained a Buy rating on Black Stone Minerals (NYSE:BSM) but has reduced the price target from $21 to $20.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:17 pm

The article provides an overview of notable value stocks in the energy sector, focusing on their price-to-earnings (P/E) ratios and recent performance in terms of earnings per share (EPS) and dividend yields. Peabody Energy (BTU), Black Stone Minerals (BSM), Eni (E), Matador Resources (MTDR), and NOW (DNOW) are identified as value stocks with low P/E multiples. The article highlights changes in EPS and dividend yields from Q2 to the most recent quarter, with mixed results among the companies.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 2:39 pm

Piper Sandler analyst Mark Lear has maintained a Neutral rating on Black Stone Minerals (NYSE:BSM) and increased the price target from $16 to $17.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:26 pm

Black Stone Minerals (NYSE:BSM) reported Q3 earnings of $0.27 per unit, a 64% decrease from the same period last year. Quarterly sales were $109.80 million, missing the analyst consensus estimate of $127.67 million by 14.00% and marking a 49.27% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:07 pm

Black Stone Minerals (NYSE:BSM) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.45. The company's past performance shows a pattern of share price drops following earnings misses. The stock is currently trading at $17.93, down 2.94% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:02 pm

Raymond James analyst John Freeman has downgraded Black Stone Minerals (NYSE:BSM) from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:34 pm

In the last quarter, Black Stone Minerals (NYSE:BSM) received one somewhat bullish and three indifferent analyst ratings. Over the past three months, four analysts have offered 12-month price targets for the company, with an average price target of $16.5, up 10.0% from the previous average of $15.00.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 8:00 pm

Piper Sandler analyst Mark Lear maintains a Neutral rating on Black Stone Minerals (NYSE:BSM) and raises the price target from $14 to $16.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 2:13 pm

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