Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2023 Results; Provides Guidance for 2024 [Yahoo! Finance]
Black Stone Minerals, L.P. Common units representing limited partner interests (BSM)
NASDAQ:AMEX Investor Relations:
investor.blackstoneminerals.com
Company Research
Source: Yahoo! Finance
announces its financial and operating results for the fourth quarter and full year of 2023 and provides guidance for 2024. Fourth Quarter 2023 Highlights Mineral and royalty production for the fourth quarter of 2023 equaled 38.9 MBoe/d, a decrease of 3% over the prior quarter; total production, including working interest volumes, was 41.1 MBoe/d for the quarter Net income for the quarter was $147.6 million. Adjusted EBITDA for the quarter totaled $125.5 million Distributable cash flow was $119.1 million for the fourth quarter, which represents a 4% decrease relative to the third quarter of 2023, making the seventh consecutive quarter above $100 million Black Stone announced a distribution of $0.475 per unit with respect to the fourth quarter of 2023. Distribution coverage for all units was 1.19x Total debt at the end of the quarter was zero; as of February 16, 2024, total debt remained at zero with $102.9 million of cash Full Year Financial and Operational Highlights M
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. Declares Distribution for Common Units and Schedules Earnings Call to Discuss First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Black Stone Minerals, L.P. Declares Distribution for Common Units and Schedules Earnings Call to Discuss First Quarter 2024 ResultsBusiness Wire
- Black Stone Minerals, L.P. Announced Participation in Upcoming Investor Relations Event [Yahoo! Finance]Yahoo! Finance
- Black Stone Minerals, L.P. Announced Participation in Upcoming Investor Relations EventBusiness Wire
- Black Stone Minerals: 2024 Distribution Coverage Projected At Near 1.0x [Seeking Alpha]Seeking Alpha
BSM
Earnings
- 2/19/24 - Beat
BSM
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- BSM's page on the SEC website