Black Stone Minerals LP
About
Black Stone Minerals is one of the largest owners of oil and natural gas mineral interests in the U.S. The company owns mineral interests and royalty interests in 41 states in the continental U.S. Black Stone believes its large, diversified asset base and long-lived, non-cost-bearing mineral and royalty interests provide for stable to growing production and reserves over time, allowing the majority of generated cash flow to be distributed to unitholders.
Editor's note: Updated June 4, 2020.
Transactions
Black Stone Minerals Trims Permian Position with $155 Million Asset Sales
Black Stone Minerals Trims Permian Position with $155 Million Asset Sales
Black Stone Minerals Trims Permian Position with $155 Million Asset Sales
Black Stone Minerals Trims Permian Position with $155 Million Asset Sales
Black Stone Minerals Trims Permian Position with $155 Million Asset Sales
Black Stone Minerals Trims Permian Position with $155 Million Asset Sales
Black Stone’s Magic: $340 Million Pries Minerals From Noble Energy
Black Stone’s Magic: $340 Million Pries Minerals From Noble Energy
Black Stone Minerals To Gain Interest In Wattenberg Field
Black Stone Minerals To Gain Interest In Wattenberg Field
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New Financings
Black Stone Minerals LP announced that the partnership’s subordinated units…
Black Stone Minerals has entered into a definitive agreement to issue $300 million of series B cumulative…
Filed for IPO of common units with Securities and Exchange Commission. Units represent limited partner…
Offered an undisclosed number of convertible preferred units to fund investment opportunities on fee…
Offered an undisclosed number of convertible preferred units to fund investment opportunities on fee…
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News
Black Stone Enters, Amends Haynesville Deals with Revenant, Aethon
Black Stone Minerals entered into a development agreement in the Shelby Trough with Revenant Energy and amended an agreement to have 50,000 acres returned by Aethon Energy in exchange for reducing annual well commitments.
Dividends Declared Weeks of April 7, 14
First-quarter 2025 earnings season is underway. Here is a compilation of dividends declared in the last two weeks from select upstream, midstream and service and supply companies.
Dorchester Minerals Closes M&A in Midland, Delaware, D-J
Limited partnership Dorchester Minerals closed two transactions in the Permian Basin and in Colorado’s Denver-Julesburg (D-J) Basin.
Dividends Declared in the Week of July 22
Second quarter earnings are underway, and companies are declaring dividends.
Black Stone Minerals Announces Cash Distribution
Black Stone Mineral’s board maintained its per unit distribution at the same level as third-quarter 2023.
BSM Approves Common Unit Cash Distribution
Black Stone Minerals’ third quarter distribution maintains the pricing of the second quarter.
Black Stone Minerals Say Haynesville to Blame for Lower Volumes
Black Stone Minerals said production dipped as Haynesville Shale rigs fell, offset by increased activity in the Bakken.
Black Stone Minerals Maintains $0.475 Per Unit Quarterly Distribution
Black Stone Minerals’ board of directors approved for the second quarter a cash distribution of $0.475 per unit, the same as first quarter 2023.
Black Stone Minerals Eyes Solar Development on Upstream Acreage
Black Stone Minerals and renewables developer Longroad Energy are exploring opportunities to develop solar projects on acreage where Black Stone owns mineral and royalty interests.
Black Stone Announces Fifth Consecutive Quarterly Increase
Black Stone’s cash distribution for third quarter 2022 is a 5% increase from the prior quarter and a 76% increase from fourth quarter 2021.
Oil and Gas Minerals M&A: The Royal We
Some oil and gas minerals companies are pushing for consolidation (and scale) as they try to defragment a sector that’s stalled on transactions the past couple of years.
Black Stone Minerals Adds Carrie Clark to Executive Team
Black Stone Minerals expects Carrie Clark’s “acumen in leading teams” will further strengthen its land and land administration groups, says the company’s chairman and CEO, Thomas L. Carter Jr.
Black Stone Minerals Completes Permian Basin Asset Sales
Black Stone Minerals certain mineral and royalty properties from its Permian Basin position through two separate agreements with the larger of the two involving EnCap portfolio company Pegasus Resources.
Minerals Stocks: Tarnished Crown?
Minerals and royalties companies, favored by investors for the past few years, are now facing their first real test as the pandemic exposes their reliance on E&Ps to generate revenue.
Black Stone Minerals, XTO Energy Reach Shelby Trough Development Agreement
The news follows the recent Black Stone Energy development agreement with Aethon Energy in the same region of the Haynesville and Bossier shale plays and complements the company’s goal of reviving volume growth from the area.