For Oil Price Exposure And Yield Buy Black Stone Minerals [Seeking Alpha]
Black Stone Minerals, L.P. Common units representing limited partner interests (BSM)
NASDAQ:AMEX Investor Relations:
investor.blackstoneminerals.com
Company Research
Source: Seeking Alpha
Summary In “ Sell BP Prudhoe Bay Royalty Trust: Chargeable Costs Schedule Implies 70% Downside ,” I outlined a bearish case for the BP Prudhoe Bay Royalty Trust ( BPT ) even under a bullish scenario for crude oil prices over the next 3 to 5 years. BPT was once a solid investment for investors seeking exposure to rising oil prices in a high-yield vehicle. However, like all trusts, BPT is not an operating company and was set up anticipating a finite lifespan at the time it was formed in the late 1980s. Due to the trust's chargeable cost structure set forth in its formation documents, BPT's traditional link with WTI oil prices is likely to break down over the next few years. Nonetheless, I retain a bullish outlook for crude oil prices. In fact, the recent jump in Brent oil prices over $80/bbl is likely the first consequence of a supply squeeze I outlined in this SeekingAlpha article . And, the summertime pullback in oil prices was largely the consequence of a surge in
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High impacting Black Stone Minerals, L.P. Common units representing limited partner interests news events
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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
- 4/15/24 - Form 4
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- BSM's page on the SEC website