Black Stone Minerals (NYSE:BSM) Bolsa

Black Stone Minerals

Black Stone Minerals LP is an oil and natural gas mineral company. It owns oil and natural gas mineral interests, which makes up the majority of its asset base. Its business is actively managing an existing portfolio of mineral and royalty assets to maximize its value and expanding asset base through acquisitions of additional mineral and royalty interests.

Black Stone Minerals, L.P. Common units representing limited partner interests

Black Stone Minerals LP

BURSA MALAYSIA BHD ORD by Bursa Malaysia Bhd

Bursa Malaysia Bhd

Brandes U.S. Small-Mid Cap Value ETF

Invesco Exchange-Traded Self Indexed Fund Trust BulletShares 2023 Mun Bd ETF

Invesco Exchange-Traded Self Indexed Fund Trust BulletShares 2024 Mun Bd ETF

Invesco BulletShares 2025 Municipal Bond ETF

Invesco BulletShares 2026 Municipal Bond ETF

Invesco BulletShares 2027 Municipal Bond ETF

Invesco BulletShares 2028 Municipal Bond ETF

Invesco BulletShares 2029 Municipal Bond ETF

Invesco BulletShares 2030 Municipal Bond ETF

Invesco BulletShares 2031 Municipal Bond ETF

Invesco BulletShares 2032 Municipal Bond ETF

Invesco BulletShares 2034 Municipal Bond ETF

Piper Sandler analyst Mark Lear maintains Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) with a Neutral and raises the price target from $14 to $16.

News

Price Target

Analyst Ratings

Piper Sandler Maintains Neutral on Black Stone Minerals, Raises Price Target to $16

Guidance

Black Stone Minerals Expects 2025 Royalty Production To Increase By 2% YoY

Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) reported quarterly earnings of $0.18 per share which missed the analyst consensus estimate of $0.37 by 51.35 percent. This is a 72.31 percent decrease over earnings of $0.65 per share from the same period last year. The company reported quarterly sales of $83.73 million which missed the analyst consensus estimate of $110.83 million by 24.45 percent. This is a 56.13 percent decrease over sales of $190.84 million the same period last year.

Earnings

Earnings Misses

Black Stone Minerals Q4 2024 GAAP EPS $0.18 Misses $0.37 Estimate, Sales $83.73M Miss $110.83M Estimate

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• Clearway Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWEN#NYSE">CWEN</a>) is expected to report earnings for its fourth quarter. 
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• Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) is expected to report quarterly loss at $0.44 per share on revenue of $4.54 billion. 
• Netstreit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTST#NYSE">NTST</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $43.47 million. 
• KBR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBR#NYSE">KBR</a>) is estimated to report quarterly earnings at $0.82 per share on revenue of $2.00 billion. 
• Viper Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>) is projected to report quarterly earnings at $0.42 per share on revenue of $220.06 million. 
• Diamondback Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>) is likely to report quarterly earnings at $3.58 per share on revenue of $3.51 billion. 
• Apple Hospitality REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APLE#NYSE">APLE</a>) is likely to report quarterly earnings at $0.31 per share on revenue of $324.82 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For February 24, 2025

Piper Sandler analyst Mark Lear maintains Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) with a Neutral and lowers the price target from $15 to $14.

Piper Sandler Maintains Neutral on Black Stone Minerals, Lowers Price Target to $14

Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.35 by 17.14 percent. This is a 51.85 percent increase over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $134.86 million which beat the analyst consensus estimate of $117.68 million by 14.60 percent. This is a 22.82 percent increase over sales of $109.80 million the same period last year.

Earnings Beats

Black Stone Minerals Q3 2024 GAAP EPS $0.41 Beats $0.35 Estimate, Sales $134.86M Beat $117.68M Estimate

Piper Sandler analyst Mark Lear maintains Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) with a Neutral and lowers the price target from $17 to $15.

Piper Sandler Maintains Neutral on Black Stone Minerals, Lowers Price Target to $15

Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) reported quarterly earnings of $0.29 per share which missed the analyst consensus estimate of $0.36 by 19.44 percent. The company reported quarterly sales of $109.624 million which missed the analyst consensus estimate of $119.591 million by 8.33 percent. This is a 6.30 percent decrease over sales of $117.000 million the same period last year.

Black Stone Minerals Q2 2024 GAAP EPS $0.29 Misses $0.36 Estimate, Sales $109.624M Miss $119.591M Estimate

Keybanc analyst Tim Rezvan initiates coverage on Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) with a Sector Weight rating.

Initiation

Keybanc Initiates Coverage On Black Stone Minerals with Sector Weight Rating

Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) reported quarterly earnings of $0.27 per share which missed the analyst consensus estimate of $0.35 by 22.86 percent. The company reported quarterly sales of $105.493 million which missed the analyst consensus estimate of $120.341 million by 12.34 percent. This is a 39.57 percent decrease over sales of $174.578 million the same period last year.

Black Stone Minerals Q1 2024 GAAP EPS $0.27 Misses $0.35 Estimate, Sales $105.493M Miss $120.341M Estimate

WIIM

Black Stone Minerals shares are trading lower after the company reduced its distribution from $0.475 To $0.375.

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>The following stocks are considered to be notable value stocks in the energy sector:</h2>
<ol>
<li>Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) - P/E: 5.23</li>
<li>SilverBow Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBOW#NYSE">SBOW</a>) - P/E: 2.43</li>
<li>Marathon Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>) - P/E: 9.58</li>
<li>Euronav (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EURN#NYSE">EURN</a>) - P/E: 4.17</li>
<li>Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) - P/E: 8.21</li>
</ol>
This quarter, Peabody Energy experienced an increase in earnings per share, which was $0.82 in Q3 and is now $1.33. Its most recent dividend yield is at 1.16%, which has decreased by 0.06% from 1.22% in the previous quarter.
SilverBow Resources has reported Q4 earnings per share at $2.21, which has decreased by 24.83% compared to Q3, which was 2.94. Marathon Oil has reported Q4 earnings per share at $0.69, which has decreased by 10.39% compared to Q3, which was 0.77. The company's most recent dividend yield sits at 1.87%, which has increased by 0.31% from 1.56% last quarter. 
This quarter, Euronav experienced an increase in earnings per share, which was $0.57 in Q3 and is now $2.03. Most recently, the company reported a dividend yield of 13.03%, which has decreased by 6.67% from last quarter's yield of 19.7%.
Black Stone Minerals saw an increase in earnings per share from 0.27 in Q3 to $0.65 now. Its most recent dividend yield is at 11.49%, which has increased by 0.87% from 10.62% in the previous quarter.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

EURN

SBOW

Overview Of Value Stocks In The Energy Sector

Piper Sandler analyst Mark Lear maintains Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) with a Neutral and raises the price target from $16 to $17.

Piper Sandler Maintains Neutral on Black Stone Minerals, Raises Price Target to $17

Black Stone expects royalty production to increase by approximately 4% in 2024 relative to full year 2023 levels, primarily due to Aethon turning on-line the 24 wells in various stages of development in the Shelby Trough and continued development in the Austin Chalk. This is partially offset by an expected moderation of activity in Louisiana Haynesville due to lower commodity prices.
Working interest production is expected to decline in 2024 as a result of Black Stone&#39;s decision in 2017 to farm out participation in its working interest opportunities.
The Partnership expects general and administrative expenses to be slightly higher in 2024 as a result of inflationary costs and selective hires made to support Black Stone&rsquo;s ability to evaluate, market and manage its undeveloped acreage positions to potential operators.

Black Stone Expects 2024 Royalty Production To Increase By ~4% YoY

Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) reported quarterly earnings of $0.65 per share which beat the analyst consensus estimate of $0.49 by 32.65 percent. This is a 20.73 percent decrease over earnings of $0.82 per share from the same period last year. The company reported quarterly sales of $190.84 million which beat the analyst consensus estimate of $137.96 million by 38.33 percent. This is a 17.16 percent decrease over sales of $230.38 million the same period last year.

Reported Monday, Black Stone Minerals Q4 EPS $0.65 Beats $0.49 Estimate, Sales $190.84M Beat $137.96M Estimate

Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) is set to give its latest quarterly earnings report on Monday, 2024-02-19. Here's what investors need to know before the announcement.
Analysts estimate that Black Stone Minerals will report an earnings per share (EPS) of $0.49. 
Black Stone Minerals bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.18, which was followed by a 1.58% increase in the share price the next day.
Here's a look at Black Stone Minerals's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.45</td>
<td>0.37</td>
<td>0.44</td>
<td>0.41</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.27</td>
<td>0.35</td>
<td>0.60</td>
<td>0.82</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.58%</td>
<td>-2.2%</td>
<td>-6.89%</td>
<td>0.71%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1708092009_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Black Stone Minerals were trading at $15.33 as of February 15. Over the last 52-week period, shares are down 0%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/BSM/earnings">To track all earnings releases for Black Stone Minerals visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of Black Stone Minerals's Earnings

Piper Sandler analyst Mark Lear maintains Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) with a Neutral and lowers the price target from $17 to $16.

Piper Sandler Maintains Neutral on Black Stone Minerals, Lowers Price Target to $16

Stifel analyst Derrick Whitfield maintains Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) with a Buy and lowers the price target from $21 to $20.

Stifel Maintains Buy on Black Stone Minerals, Lowers Price Target to $20

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>The following stocks are considered to be notable value stocks in the energy sector:</h2>
<ol>
<li>Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) - P/E: 3.05</li>
<li>Black Stone Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSM#NYSE">BSM</a>) - P/E: 7.95</li>
<li>Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) - P/E: 9.38</li>
<li>Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) - P/E: 7.55</li>
<li>NOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) - P/E: 8.1</li>
</ol>
Peabody Energy saw a decrease in earnings per share from 1.15 in Q2 to $0.82 now. Most recently, the company reported a dividend yield of 1.22%, which has decreased by 0.12% from last quarter's yield of 1.34%.
Most recently, Black Stone Minerals reported earnings per share at $0.27, whereas in Q2 earnings per share sat at $0.35. The company's most recent dividend yield sits at 10.62%, which has decreased by 0.69% from 11.31% last quarter. 
Eni has reported Q3 earnings per share at $1.18, which has decreased by 4.84% compared to Q2, which was 1.24. Its most recent dividend yield is at 3.31%, which has decreased by 0.15% from 3.46% in the previous quarter.
Matador Resources's earnings per share for Q3 sits at $1.86, whereas in Q2, they were at 1.42. Most recently, the company reported a dividend yield of 1.22%, which has increased by 0.14% from last quarter's yield of 1.08%.
NOW has been featured as a value stock. NOW's Q3 EPS sits at $0.25, which has not changed since last quarter (Q2). 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

DNOW

MTDR

Press Releases

Black Stone Minerals, L.P. Declares Distribution for Common Units and Schedules Earnings Call to Discuss First Quarter 2024 Results

Black Stone Minerals, L.P. Reports First Quarter Results

Black Stone Minerals, L.P. Maintains First Quarter Distribution for Common Units and Schedules Earnings Call to Discuss Second Quarter 2024 Results

Black Stone Minerals, L.P. Reports Second Quarter Results

Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Third-Quarter 2024 Results

Black Stone Minerals, L.P. Reports Third Quarter Results

Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Fourth Quarter and Full-Year 2024 Results

Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2024 Results; Provides Guidance for 2025

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