Black Stone Minerals, L.P. Reports Record Quarterly Results and Declares Increased Cash Distribution on Common and Subordinated Units; Raises Production Guidance for Full Year 2018

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Go back to Black Stone Minerals, L.P. Reports Record Quarterly Results and Declares Increased Cash Distribution on Common and Subordinated Units; Raises Production Guidance for Full Year 2018

Black Stone Minerals (BSM) Misses Q2 EPS by 5c, Revenues Miss; Raising FY Production Guidance

August 6, 2018 4:50 PM EDT

Black Stone Minerals (NYSE: BSM) reported Q2 EPS of $0.17, $0.05 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $109.31 million versus the consensus estimate of $122.98 million.

Thomas L. Carter, Jr., Black Stone Minerals Chief Executive Officer and Chairman, commented, "The second quarter was another strong quarter for Black Stone Minerals and we are... More