BSM Black Stone Minerals, L P. Stock Price and Quote

bsm stock price

It owns oil and natural gas mineral interests, which make up the majority of the asset base. Black Stone Minerals, L.P.’s stock performance reflects investor confidence in the company’s operations. Monitoring recent news and events that may have influenced the company’s share price is essential for understanding its market performance.

Has established itself as a key player in the industry with a rich history and a vast portfolio of approximately 16.8 million gross acres spread across 41 states. Black Stone Minerals LP ( BSM , Financial) is one of the largest owners of oil and natural gas mineral interests in the United States. The company’s current financials are exceptional with sales comin… Black Stone Minerals LP is an oil and natural gas mineral company.

The firm engages in the exploration of oil and natural gas minerals. The company was founded in 1876 and is headquartered in Houston, TX. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.

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Expanded its interests and diversified its holdings, amassing millions of acres of mineral interests across various plays and shale formations in the United States. These achievements have solidified the company’s position as a reputable player in the energy sector. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Compare
BSM’s historical performance
against its industry peers and the overall market.

bsm stock price

Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Black Stone Minerals and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Oil prices have swung from over $100 per barrel to under $80 per barrel in a year. Indeed, some portfolios need to be optimally built to cushion such swings and what effects these have on the economy.

BSM Stock – Frequently Asked Questions

Black Stone Minerals (BSM) closed the most recent trading day at $16.17, moving +0.25% from the previous trading session. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

The ex-dividend date of this dividend is Thursday, August 10th. Which stocks are major institutional investors including hedge funds and endowments buying in today’s market? Click the link below and we’ll send you MarketBeat’s list of thirteen stocks that institutional investors are buying up as quickly as they can. According to 3 analysts, the average rating for BSM stock is “Hold.” The 12-month stock price forecast is $18.5, which is an increase of 6.02% from the latest price. Is well-positioned to seize growth opportunities within the energy industry.

Black Stone Minerals upgraded to buy from hold at Stifel Nicolaus

Based on an average trading volume of 461,200 shares, the short-interest ratio is presently 4.9 days. Currently, 1.4% of the company’s shares are short sold. Carter & Bro., has evolved https://1investing.in/ into a leading Houston-based oil and natural gas corporation. The company’s primary focus is owning and managing oil and natural gas mineral interests across the United States.

Does Black Stone Minerals LP (BSM) Have What it Takes to be in Your Portfolio Monday? – InvestorsObserver

Does Black Stone Minerals LP (BSM) Have What it Takes to be in Your Portfolio Monday?.

Posted: Mon, 07 Aug 2023 07:00:00 GMT [source]

Our Quantitative Research team models direct competitors or comparable companies
from a bottom-up perspective to find companies describing their business in a
similar fashion.

Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Black Stone Minerals declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Friday, August 11th will be paid a dividend of $0.475 per share on Friday, August 18th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 10.98%.

These metrics highlight the company’s commitment to maximizing returns for its stakeholders. 3 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Black Stone Minerals in the last year. There are currently 1 hold rating and 2 buy ratings for the stock.

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. You are being inside sales meaning directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

Financials

One share of BSM stock can currently be purchased for approximately $17.30. The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023. Has achieved significant milestones and recognition throughout its history. Notably, the company discovered the Double A Wells Field in East Texas in 1985, marking a pivotal moment in its journey.

© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. 2 employees have rated Black Stone Minerals Chief Executive Officer Thomas L. Carter, Jr. on Glassdoor.com. Thomas L. Carter, Jr. has an approval rating of 100% among the company’s employees. This puts Thomas L. Carter, Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Blind Spot Monitor (BSM) Market Overview [2023-2030] Booming Industry Globally Top Key Players in the – Benzinga

Blind Spot Monitor (BSM) Market Overview [2023-2030] Booming Industry Globally Top Key Players in the.

Posted: Tue, 05 Sep 2023 17:24:04 GMT [source]

These factors can contribute to a more comprehensive company stock performance analysis. The company’s mission centers around the efficient and responsible development and management of its mineral assets while maximizing long-term value for its stakeholders. Plays a crucial role in supporting oil and gas exploration and production company operations by participating, nonparticipating, and overriding royalty interests.

However, the company’s risk management strategies and industry expertise help mitigate these risks to a certain extent. Has demonstrated strong financial performance in recent years, showcasing its robust portfolio of mineral interests. Its earnings metrics are also improving, with a trailing price-to-earnings ratio indicating favorable valuation relative to its earnings. The company boasts a remarkable net margin of over 70%, underscoring its ability to generate substantial profits from mineral interests. Has effectively managed its resources, resulting in a return on equity of over 50% and a return on assets of around 35%.

The consensus among Wall Street equities research analysts is that investors should “moderate buy” BSM shares. Operating in the broader energy sector, Black Stone Minerals, L.P. Holds a strategic position as an owner and manager of oil and natural gas mineral interests. Its extensive portfolio across multiple states provides a competitive advantage, enabling the company to leverage opportunities in various plays and shale formations. This advantageous positioning enhances the company’s potential to thrive in the industry. High-growth stocks tend to represent the technology, healthcare, and communications sectors.

  • The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
  • The technique has proven to be very useful for finding positive surprises.
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  • Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Data may be intentionally delayed pursuant to supplier requirements. The technique has proven to be very useful for finding positive surprises. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum.

Piper Sandler Keeps Their Hold Rating on Black Stone Minerals (BSM)

They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. Black Stone Minerals saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,270,000 shares, an increase of 6.6% from the July 15th total of 2,130,000 shares.

The company can leverage its extensive mineral interests to capitalize on emerging prospects and fuel its expansion. With a focus on maintaining competitive advantages, such as its vast acreage and strategic partnerships, Black Stone Minerals, L.P. Is attributed to its solid and experienced management team. The team is led by President, Chief Executive Officer, and Chairman Thomas L. Carter, Jr. and possesses a wealth of industry knowledge and expertise. Each member plays a crucial role in shaping the company’s strategic direction and ensuring operational excellence. She joined the company as Vice President and CAO in September 2015, bringing valuable experience from her previous roles at LRR Energy, LP, and Goodrich Petroleum.

Black Stone Minerals’ stock was trading at $16.87 at the start of the year. Since then, BSM stock has increased by 2.5% and is now trading at $17.30. BSM’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. The Barchart Technical Opinion rating is a 100% Buy with a Strengthening short term outlook on maintaining the current direction.

  • At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
  • Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
  • There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
  • These metrics highlight the company’s commitment to maximizing returns for its stakeholders.
  • This suggests a possible upside of 11.8% from the stock’s current price.

In the latest trading session, Black Stone Minerals (BSM) closed at $14.31, marking a -0.35% move from the previous day. Black Stone Minerals (BSM) closed at $14.59 in the latest trading session, marking a -0.82% move from the prior day. Black Stone Minerals (BSM) closed the most recent trading day at $15.47, moving +1.18% from the previous trading session.

The company’s target market primarily comprises energy companies engaged in exploration and production activities. By providing access to valuable mineral interests, Black Stone Minerals, L.P. Supports these companies in extracting and producing oil and natural gas. 3 Wall Street research analysts have issued twelve-month target prices for Black Stone Minerals’ stock. Their BSM share price forecasts range from $16.00 to $21.00.

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.