Investors: Should You Hold Black Stone Minerals LP Stock on Tuesday?
January 4, 2024
🌥️Trending News
Investors looking to capitalize on the booming energy sector may be wondering if they should hold Black Stone Minerals ($NYSE:BSM) LP stock on Tuesday. Black Stone Minerals is a publicly traded limited partnership that holds and manages oil and gas mineral and royalty interests in the United States. The company owns interests in nearly twenty-one million gross acres of minerals located in forty-one states and sixty-nine onshore basins. With its diverse portfolio of minerals and royalties, Black Stone Minerals provides investors with a variety of options when it comes to investing in oil and gas properties. When considering investing in Black Stone Minerals LP stock, investors should look at the company’s financials, its business strategy, and its competitive landscape. Black Stone Minerals’ assets are diversified across its major onshore basins, which can help insulate the company from market volatility.
Finally, investors should consider the current competitive landscape for oil and gas properties. With an increasing number of companies entering the oil and gas sector, there is intense competition for mineral and royalty interests. Black Stone Minerals’ portfolio provides investors with access to numerous profitable opportunities, while also providing diversification across multiple basins. With its diverse portfolio of minerals and royalties, Black Stone Minerals provides investors with numerous options for investing in the oil and gas sector.
Price History
On Wednesday, Black Stone Minerals stock opened at $16.2 and closed at $16.1, representing a 0.9% increase from the previous day’s closing price of 16.0. Although the stock experienced a slight uptick, investors must still consider the potential risks involved before deciding whether or not to hold Black Stone Minerals stock. Investors should evaluate their current holdings, financial goals, and risk tolerance before investing in any stock, and Black Stone Minerals is no exception. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BSM. More…
| Total Revenues | Net Income | Net Margin |
| 563.69 | 437.12 | 71.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BSM. More…
| Operations | Investing | Financing |
| 543.57 | -5.48 | -482.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BSM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.23k | 60.6 | 5.59 |
Key Ratios Snapshot
Some of the financial key ratios for BSM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.8% | 41.2% | 82.0% |
| FCF Margin | ROE | ROA |
| 95.4% | 24.2% | 23.4% |
Analysis
GoodWhale has analysed BLACK STONE MINERALS’s financials and the results are quite strong. According to our Star Chart, it is strong in asset, dividend, profitability, and medium in growth. The company has a high health score of 10/10, which indicates that it is capable of paying off debt and funding future operations. We classify BLACK STONE MINERALS as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. These results make BLACK STONE MINERALS an attractive investment opportunity for investors who are looking for a stable and profitable investment. More…
Peers
In the world of oil and gas exploration and production, there are many companies that compete for the same resources. Black Stone Minerals LP is one of these companies, and its main competitors are Falcon Minerals Corp, ProAm Explorations Corp, Dorchester Minerals LP. All of these companies are in the business of acquiring, developing, and operating oil and gas properties.
– Falcon Minerals Corp ($TSXV:PMX)
Ampro is a Canadian company that explores for and develops mineral properties. It has a portfolio of projects in Quebec and Newfoundland & Labrador, Canada. The company’s market capitalization is $413.66 thousand and it has a negative return on equity of 2.84%.
– ProAm Explorations Corp ($NASDAQ:DMLP)
Dorchester Minerals is a publicly traded oil and gas royalty, mineral, and leasehold interest company. The company was founded in 1971 and is headquartered in Dallas, Texas. Dorchester Minerals LP has a market cap of 1.13B as of 2022, a Return on Equity of 39.37%. The company owns interests in producing and non-producing oil, natural gas, and minerals properties in the United States and Canada. Dorchester Minerals’ properties are located in Texas, Louisiana, Oklahoma, New Mexico, Wyoming, Colorado, North Dakota, Montana, Utah, California, Kansas, and Alberta.
Summary
Black Stone Minerals LP (NYSE: BSM) is a publicly traded company in the energy sector specializing in the ownership, acquisition, and management of oil and gas mineral and royalty interests. When considering whether to invest in BSM, investors should consider its financial health, production profile, and track record as well as its strategic position in the Permian Basin. BSM’s financials are solid with a strong balance sheet and good liquidity. Production is expected to increase over the next few years from both acquisitions and organic growth.
BSM has a long history of successful acquisitions with a track record of creating value. Finally, its strategic position in the Permian Basin gives it access to some of the most coveted acreage in the U.S. In conclusion, BSM has a strong financial position and a good track record which makes it an attractive investment for those looking to gain exposure to the energy sector.
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