Black Stone Minerals LP (BSM)

Over the past six months, Black Stone Minerals' stock price has fluctuated between $11.78 and $15.52. In Q3 2025, the company reported EPS of $0.40 and revenue of $132.47 million, exceeding estimates, which led to a 1.6% stock price increase. A new development agreement with Caturus Energy in the Shelby Trough is expected to increase contractual development obligations. The company announced its Q4 2025 results and distribution. Production growth was reported in Q3 2025, with a 5% increase in both oil and natural gas volumes. Hedging contracts benefited the third quarter, and for 2026, a significant portion of natural gas and oil production is hedged. The stock price has seen a 22.49% increase over the past six months.

Demand for Black Stone Minerals' products, particularly natural gas, exhibits seasonality. The company strategically times the turning in line of new natural gas wells to capture strong winter demand pulls. Aethon is expected to bring wells online by early 2026 to capitalize on winter demand. Mild winters can lead to high supply storage levels, challenging natural gas price increases. Increased LNG export demand is seen as a long-term driver for natural gas prices.

Black Stone Minerals, L.P. (BSM) is an oil and natural gas mineral company focused on owning and managing mineral interests, operating in the Energy sector within the Oil & Gas Exploration & Production (E&P) industry. The company maximizes value by managing its asset portfolio and expanding its asset base through acquisitions. BSM generates revenue through royalty payments from third-party operators, benefiting from a non-cost-bearing model.

Black Stone Minerals has a diversified asset base across the continental United States, owning mineral and royalty interests in 41 states, encompassing over 20 million gross acres and more than 60 productive basins. Key resource plays include the Haynesville/Bossier shales, Wolfcamp/Spraberry/Bone Springs, Bakken/Three Forks, and Eagle Ford shale.

No specific events or information regarding Black Stone Minerals LP's brand reputation, controversies, or significant impacts on its reputation in the past year were found in the provided search results.

Black Stone Minerals, L.P. operates as a publicly traded Master Limited Partnership (MLP) with ownership distributed among institutional investors, individual investors, and insiders/management. As of December 2025, 47 active institutional owners held approximately 10.71 million shares, with William Marsh Rice University being a major shareholder. Insiders and management hold a significant portion, and retail investors hold a substantial percentage.