Black Stone Minerals (BSM) Reports Q1 EPS of $0.02

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Black Stone Minerals, L.P. Reports First Quarter Results

May 6, 2019 4:30 PM EDT

HOUSTON--(BUSINESS WIRE)-- Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone Minerals," "Black Stone," or "the Partnership") today announces its financial and operating results for the first quarter of 2019.

Highlights

Reported production of 46.8 Mboe/d for the first quarter of 2019. Reported oil and natural gas revenues of $119.3 million, lease bonus and other income of $5.6 million, and net income of $9.0 million for the quarter. Generated Adjusted EBITDA of $94.9 million. Reported distributable cash flow of $81.7 million, resulting in... More