Black Stone Minerals, L.P. is one of the largest owners and managers of oil and natural gas mineral interests in the United States, holding mineral interests and royalty interests across 41 states. The Partnership's business model centers on non-cost-bearing mineral and royalty interests, meaning it does not bear the capital costs of drilling and production, which allows the majority of generated cash flow to be distributed to unitholders. Black Stone's portfolio is diversified across major U.S. basins including the Shelby Trough/Haynesville, Permian Basin, and other prolific areas. The Partnership actively acquires bolt-on mineral acreage and enters into development agreements with operators to drive organic production growth. Its production mix is weighted toward natural gas (approximately 72%), with oil and condensate representing the remainder. Black Stone trades on the NYSE under the ticker BSM and operates as a publicly traded limited partnership. Updated
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Black Stone Minerals, L.P. is one of the largest owners and managers of oil and natural gas mineral interests in the United States, holding mineral interests and royalty interests across 41 states.
What is the BSM stock price target?
24/7 Wall St.'s 12-month price target for BSM is $16.56, rated Buy. The Wall Street consensus target is $16.00. BSM price prediction →