From Financial Modeling Prep: 2025-05-05 07:00:00

Black Stone Minerals, L.P. (NYSE:BSM) is a major player in the energy sector, owning and managing oil and natural gas mineral interests across the U.S. Established in 1876, BSM holds interests in 16.8 million gross acres and manages various royalty interests.

The consensus price target for BSM has been stable, with an average of $15 over the past year. Wells Fargo has set a higher target of $18, indicating optimism about the stock’s performance.

BSM has approved a consistent cash distribution of $0.375 per common unit for Q1 2025, showcasing a steady financial strategy. This level has been maintained in previous quarters, emphasizing the company’s commitment to providing returns to investors.

Included in the Dividend Power strategy’s top picks for February 2025, BSM’s strong earnings and dividend yields are recognized. This strategy aims to build a resilient portfolio, with BSM’s presence indicating confidence in its ability to deliver consistent returns.

Recent earnings calls, such as Q4 2024 and Q3 2024 discussions, have offered valuable insights into BSM’s performance and future outlook. Participants like Thomas Carter, Chairman, President, and CEO, have shared strategic perspectives, complementing Wells Fargo’s optimistic price target.



Read more at Financial Modeling Prep:: Black Stone Minerals, L.P. (NYSE: BSM) Overview: S…