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Black Stone Minerals, L.P.
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| General Information |
| Business: |
We are one of the largest owners of oil and natural gas mineral interests in the United States. Our principal business is maximizing the value of our existing portfolio of mineral and royalty assets through active management and expanding our asset base through acquisitions of additional mineral and royalty interests. We own mineral interests in approximately 14.5 million acres, with an average 48.1% ownership interest in that acreage. We also own nonparticipating royalty interests in 1.2 million acres and overriding royalty interests in 1.4 million acres. These non-cost-bearing interests, which we refer to collectively as our “mineral and royalty interests,” include ownership in approximately 40,000 producing wells. Our mineral and royalty interests are located in 41 states and in 62 onshore basins in the continental United States. Many of these interests are in active resource plays, including the Bakken/Three Forks plays, Eagle Ford Shale, Wolfcamp play, Haynesville/Bossier plays, Granite Wash play, and Fayetteville Shale, as well as emerging plays such as the Tuscaloosa Marine Shale and the Canyon Lime play. |
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| Industry: |
CRUDE PETROLEUM & NATURAL GAS |
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| Contact Information |
| Address: |
1001 Fannin Street, Suite 2020, Houston, TX 77002, US |
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| Financial Information |
| Market Cap: |
$ 1902.66 mil |
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| Revenues: |
$ 548.3 mil (last 12 months) |
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| Net Income: |
$ 169.2 mil (last 12 months) |
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| IPO Profile |
| Symbol: |
BSM |
| Shares (millions): |
22.5 |
| Price Range: |
$19.00 - $19.00 |
| Est.$ Volume |
$ 427.5 mil |
| Manager / Joint Managers |
Barclays/ BofA Merrill Lynch/ Citigroup/ Credit Suisse/ Wells Fargo Securities |
| Co Managers |
J.P. Morgan/ Morgan Stanley/ Raymond James/ Scotia Howard Weil/ Simmons & Company International |
| Expected to Trade |
5/1/2015 |
| Status |
Priced |
| SCOOP RATING |
Available only to Subscribers |
| RATING CHANGE |
Available only to Subscribers |
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