Black Stone Minerals, L.P. Common units representing limited partner interests (BSM) Company Bio
Black Stone Minerals LP owns oil and natural gas mineral interests in the United States. The company was founded in 1876 and is based in Houston, Texas.
BSM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Black Stone Minerals LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Black Stone Minerals LP ranked in the 75th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 290.83%. As for the metrics that stood out in our discounted cash flow analysis of Black Stone Minerals LP, consider:
BSM's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 37.62% of tickers in our DCF set.
Black Stone Minerals LP's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Energy), Black Stone Minerals LP has a reliance on debt greater than only 9.69% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Black Stone Minerals LP? See ENLC, NGL, CAPL, HESM, and HMLP.
HOUSTON--(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 second quarter of 2020. Highlights Total mineral and royalty production for the second quarter of 2020 equaled 34.0 MBoe/d, a decrease of 7.3% over the prior quarter; total production, including working interest volumes, was 42.6 MBoe/d for the quarter. Net income (loss) and Adjusted EBITDA for the quarter totaled
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today announced an update on the two previously announced asset sales and declared the distribution attributable to the second quarter of 2020. Additionally, the Partnership announced the date of its second quarter 2020 earnings call. Update on Asset Sales On July 21, 2020, the Company closed on the previously announced sale of undivided interests across parts of Black Stone’s Delaware and
Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on July 10, 2020, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on July 13, 2020:
Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on July 10, 2020, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on July 12, 2020: