Black Stone Minerals (BSM) Misses Q3 EPS by 7c
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Black Stone Minerals, L.P. Reports Third Quarter Results
November 2, 2020 5:00 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 2020.
Highlights
Total mineral and royalty production for the third quarter of 2020 equaled 31.1 MBoe/d, a decrease of 8.6% over the prior quarter; total production, including working interest volumes, was 37.9 MBoe/d for the quarter. Net income and Adjusted EBITDA for the quarter totaled $23.7 million and $65.5 million, respectively. Distributable cash flow was $58.8 million for... More