Black Stone Minerals (BSM) Tops Q3 EPS by 3c
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Black Stone Minerals, L.P. Reports Third Quarter Results
November 4, 2019 4:35 PM ESTHOUSTON--(BUSINESS WIRE)-- Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the third quarter of 2019.
Highlights
Reported production of 49.0 MBoe/d for the third quarter of 2019, driven by a 14% year-over-year increase in royalty production. Reported oil and natural gas revenues of $109.6 million, lease bonus and other income of $3.5 million, and net income of $70.2 million for the quarter. Generated Adjusted EBITDA for the third quarter of $96.2 million. Reported... More