BSM

In the past six months, Black Stone Minerals' stock has experienced several notable events. As of May 8, 2026, the stock was up 4.06% over the last six months, but its performance over the past year showed a decline of 2.02%, with a 52-week range between $11.78 and $15.49. In Q1 2026, Black Stone Minerals reported first-quarter net income of $13.3 million, or $0.03 per share, missing the consensus estimate, but the market reacted bullishly due to strong production guidance and a well-covered distribution. The company announced its fourth-quarter and full-year 2025 results and provided guidance for 2026. Black Stone reported a 5% increase in mineral and royalty production from the prior quarter, reaching 34.7 MBoe/d, with a net income of $91.7 million, and a distribution of $0.30 per unit was announced. The company consistently declared quarterly distributions, with a $0.30 per unit distribution announced for Q1 2026, payable on May 15, 2026. An insider sold shares in April 2026. Investors questioned a "Revenant well issue" during the Q1 2026 earnings call, introducing some near-term uncertainty.