February 21, 2017 11:02 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Black Stone Minerals, L.P.

Company Overview

Black Stone Minerals, L.P., together with its subsidiaries, owns oil and natural gas mineral interests in the United States. The company owns mineral interests in approximately 14.6 million acres; nonparticipating royalty interests in 1.3 million acres; and overriding royalty interests in 1.4 million acres in the Bakken/Three Forks, Eagle Ford Shale, Wolfcamp, Haynesville/Bossier, and Fayetteville Shale plays, as well as in the Lower Wilcox and Canyon Lime plays located in 41 states and in 61 onshore basins in the continental United States. It also owns other working interests, unrelated to mineral and royalty assets primarily in the Anadarko Basin, as well as in Permian and Powder River Bas...

1001 Fannin Street

Suite 2020

Houston, TX 77002

United States

Founded in 1876

Phone:

713-445-3200

Fax:

713-658-0943

Key Executives for Black Stone Minerals, L.P.

Chairman of Black Stone Minerals GP L.L.C, Chief Executive Officer of Black Stone Minerals GP L.L.C and President of Black Stone Minerals GP L.L.C
Age: 64
Total Annual Compensation: $669.5K
Senior Vice President of Business Development for Black Stone Minerals GP LLC
Age: 39
Total Annual Compensation: $350.0K
Consultant of Black Stone Minerals Gp L.L.C
Age: 46
Total Annual Compensation: $386.3K
Compensation as of Fiscal Year 2015.

Black Stone Minerals, L.P. Key Developments

Black Stone Minerals, L.P. Approves Cash Distributions for the Fourth Quarter of 2016, Payable on February 27, 2017

Black Stone Minerals, L.P. announced that the Board of Directors of the general partner has approved cash distributions attributable to the fourth quarter of 2016 of $0.2875 per common unit and $0.18375 per subordinated unit. The distributions will be payable on February 27, 2017 to unitholders of record at the close of business on February 20, 2017.

Black Stone Minerals Eyes Acquisitions

Black Stone Minerals, L.P. (NYSE:BSM) has filed a Shelf Registration in the amount of $300 million. The company said, "Except as otherwise provided in an applicable prospectus supplement, we will use the net proceeds we receive from our sale of securities covered by this prospectus for general partnership purposes, including repayment of debt, acquisitions, capital expenditures, and additions to working capital."

Black Stone Minerals Approves Cash Distributions for the Third Quarter of 2016 on Common and Subordinated Units, Payable on November 25, 2016

The Board of Directors of Black Stone Minerals, L.P. has approved cash distributions attributable to the third quarter of 2016 of $0.2875 per common unit and $0.18375 per subordinated unit. Distributions will be payable on November 25, 2016 to unitholders of record on November 17, 2016.

Similar Private Companies By Industry

Company Name Region
102 Oil Wells in East Texas Field United States
11 Good Energy, Inc. United States
1280 Horizons, LLC United States
1347 Energy Holdings LLC United States
15 Fields in Williston Basin United States

Recent Private Companies Transactions

Type
Date
Target
Bankruptcy
August 17, 2016
The Rock Investment Group, Inc.
Merger/Acquisition
May 9, 2016
Interest in 4,800 Gross Acres in the Wattenberg Field
Merger/Acquisition
April 21, 2016
Freeport-McMoRan Inc., a Diverse Mineral Package
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Black Stone Minerals, L.P., please visit www.blackstoneminerals.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.