Black Stone Minerals, L.P. Reports Third Quarter Results
Black Stone Minerals, L.P. Common units representing limited partner interests (BSM)
NASDAQ:AMEX Investor Relations:
investor.blackstoneminerals.com
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the third quarter of 2024.Financial and Operational HighlightsMineral and royalty production for the third quarter of 2024 equaled 35.3 MBoe/d; total production, including working-interest volumes, was 37.4 MBoe/d for the quarter.Net income for the third quarter was $92.7 million, and Adjusted EBITDA for the quarter totaled $86.4 million.Distributable cash flow was $78.6 million for the third quarter.Black Stone announced a distribution of $0.375 per unit with respect to the third quarter of 2024. Distribution coverage for all units was approximately 1.00x.No debt was outstanding at the end of the third quarter; as of November 1, 2024, total debt remained at zero with approximately $42.8 million of cash on hand.Management CommentaryThomas L. Carter, Jr., Black Stone Minerals’ Chairman, Chief Executive Off
Show less
Read more
Impact Snapshot
Event Time:
BSM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BSM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BSM alerts
High impacting Black Stone Minerals, L.P. Common units representing limited partner interests news events
Weekly update
A roundup of the hottest topics
BSM
News
- Black Stone Minerals, L.P. (NYSE: BSM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Black Stone Minerals LP (BSM) Q3 2024 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]Yahoo! Finance
- Black Stone Minerals, L.P. Reports Third Quarter Results [Yahoo! Finance]Yahoo! Finance
- Granite Ridge Resources, Inc. (GRNT): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Third-Quarter 2024 ResultsBusiness Wire
BSM
Earnings
- 11/4/24 - Beat
BSM
Sec Filings
- 11/5/24 - Form 10-Q
- 11/5/24 - Form 8-K
- 10/8/24 - Form 4
- BSM's page on the SEC website