Black Stone Minerals, L.P. (NYSE:BSM) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
Minerals) issued a press release that announced its
fourth-quarter 2016 and full-year 2016 financial and operating
results. A copy of the press release is furnished herewith as
Exhibit 99.1.
guidance for 2017. This information is contained in the press
release included in this report as Exhibit 99.1.
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(d)
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Exhibits
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Exhibit Number
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Description
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99.1
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Black Stone Minerals Press Release, dated February 27,
2017 |
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About Black Stone Minerals, L.P. (NYSE:BSM)
Black Stone Minerals, L.P. is an owner of oil and natural gas mineral interests in the United States. The Company’s principal business is managing its existing portfolio of mineral and royalty assets to maximize its value and expanding its asset base through acquisitions of additional mineral and royalty interests. It owns mineral interests in approximately 14.6 million acres, with an average of over 47.8% ownership interest in that acreage. It also owns nonparticipating royalty interests in approximately 1.3 million acres and overriding royalty interests in over 1.4 million acres. These non-cost-bearing interests, which it refers to mineral and royalty interests, include ownership in over 45,000 producing wells. Its mineral and royalty interests are located in over 41 states and in approximately 60 onshore basins in the continental United States. Many of these interests are in active resource plays, including the Bakken/Three Forks, Eagle Ford Shale and Fayetteville Shale plays. Black Stone Minerals, L.P. (NYSE:BSM) Recent Trading Information
Black Stone Minerals, L.P. (NYSE:BSM) closed its last trading session up +0.11 at 17.72 with 70,695 shares trading hands.
