Black Stone Minerals, L.P. (NYSE: BSM)
Company Overview
Since 1876, Black Stone Minerals has evolved from a small, family-owned East Texas lumber company into one of the largest owners of oil and natural gas mineral interests in the continental United States.
Its interests include approximately 20 million gross acres in over 40 states and throughout every major producing basin.
Black Stone Minerals’ Assets; Source: Black Stone Minerals
In Q1 of 2018 they acquired $32 million of mineral and royalty assets in the Permian and Haynesville.
Summary
- Q1-2018 Revenue: $ 126 million
- Q1-2018 Production: 42 (MBOE/day)
- Total Common Stock Outstanding: 105 million
- Enterprise Value: $ 4.4 billion
- Total Debt: $ 436 million
- 1P Reserves: 68 MMboe
- Operating Margin: 37.93%
Management Team
Thomas L. Carter, Jr. – Chairman, CEO
Jeff Wood – President, CFO
Holbrook F. Dorn – Senior Vice President, Business Development
Brock Morris – Senior Vice President, Engineering and Geology
Steve Putman – Senior Vice President, General Counsel and Secretary
The Oil and Gas Conference®
Black Stone Minerals is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.
