Black Stone Minerals 경영진
경영진 기준 점검 2/4
Black Stone Minerals CEO는 H. DeWalch, Jan2026 에 임명되었습니다 의 임기는 1년 미만입니다. 총 연간 보상은 $2.18M, 14.6% 급여 및 85.4% 보너스(회사 주식 및 옵션 포함)로 구성됩니다. 는 $351.48K 가치에 해당하는 회사 주식의 0.012% 직접 소유합니다. 경영진과 이사회의 평균 재임 기간은 0.4 년과 10.1 년입니다.
핵심 정보
H. DeWalch
최고경영자
US$2.2m
총 보수
| CEO 급여 비율 | 14.64% |
| CEO 재임 기간 | less than a year |
| CEO 지분 보유율 | 0.01% |
| 경영진 평균 재임 기간 | less than a year |
| 이사회 평균 재임 기간 | 10.1yrs |
최근 경영진 업데이트
Recent updates
Seeking Alpha • Jun 29
Black Stone Minerals: Drilling Momentum Is Building, But So Are Permian Volumes
Summary Black Stone Minerals is developing three separate drilling agreements on its acreage in the Haynesville. Drilling commitments contractually grow over time, allowing future royalty growth. This builds a flywheel effect for future production. This flywheel is accelerating at the same time as growing LNG export volumes, providing meaningful demand growth to natural gas markets. The company continues to buy mineral packages to market large mineral blocks to operators. The flywheel will continue to strengthen if additional operators are signed into drilling agreements with BSM. However, competition for volumes is growing as new pipelines are constructed to deliver Permian gas to the US Gulf Coast. Read the full article on Seeking Alpha
내러티브 업데이트 • Jun 23
BSM: Gas Weighted Exposure Will Shape Upside Despite Steady Production Trends
Analysts now frame Black Stone Minerals' narrative around a reaffirmed $16 price target, citing the company's 76% gas weighted portfolio and the view that gas fundamentals may limit upside to growth relative to peers. What’s in the News for Black Stone Minerals Black Stone Minerals reported unaudited production results for the quarter ended March 31, 2026, covering oil, condensate, and natural gas volumes.분석 기사 • Jun 19
Black Stone Minerals (BSM) Stock Could Be 12.4% Undervalued on Its Gas Growth Narrative
Black Stone Minerals (BSM) is back on investors’ radar after recent trading left the unit price around $14.01, with returns mixed over the past month, the past 3 months, and the past year. See our latest analysis for Black Stone Minerals. Over the past year, Black Stone Minerals has combined a modest year to date share price gain of 3.7% with a stronger 1 year total shareholder return of 16.12%, while its 5 year total shareholder return of 122.82% points to momentum that has built over a...내러티브 업데이트 • Jun 06
BSM: Gas Weighted Portfolio And Rising Production Support Constructive Forward Outlook
Analysts have revised their price target on Black Stone Minerals to $16 from $14, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. This change also reflects recent Street research highlighting the company’s gas weighted portfolio and expectations that gas fundamentals may limit upside to growth.내러티브 업데이트 • Apr 08
BSM: War Risk And Stable U.S. Activity Shape Fairly Valued Outlook
Analysts recently raised their price target on Black Stone Minerals to $14 from $13, citing elevated geopolitical risk to global energy supply and an outlook that U.S. operators are unlikely to significantly alter their activity in response. Analyst Commentary Recent commentary around Black Stone Minerals focuses heavily on how heightened geopolitical risk and potential supply disruptions feed into valuation, especially with the price target set at US$14.내러티브 업데이트 • Mar 25
BSM: War Risk And Steady U.S. Output Guide Balanced Future Outlook
Analysts have raised their price target on Black Stone Minerals to $14.00 from $13.00, citing recent geopolitical risks to global energy supplies and steady expectations for U.S. operator activity as key factors behind the update. Analyst Commentary Analysts are weighing the new US$14 price target for Black Stone Minerals against rising geopolitical risks and expectations for relatively steady U.S. operator activity.내러티브 업데이트 • Mar 08
BSM: War Risk And Stable U.S. Activity Shape Measured Future Outlook
Analysts have raised their price target on Black Stone Minerals to $14 from $13, reflecting updated views on fair value and earnings potential as they consider recent geopolitical risks and U.S. operator commentary. Analyst Commentary Recent commentary around Black Stone Minerals focuses on how geopolitical risks and operator behavior could affect fair value, rather than on big changes to the company’s own execution.내러티브 업데이트 • Aug 16
Shelby Trough Expansion And Operator Diversification Will Drive Drilling
The consensus price target for Black Stone Minerals has been lowered to $13.00, primarily due to a notable decrease in forecast revenue growth, while valuation multiples have only moderately declined. What's in the News Black Stone Minerals lowered its 2025 production guidance to 33–35 MBoe/d from 38–41 MBoe/d due to weaker first-half production and delayed natural gas growth.Seeking Alpha • Apr 26
Black Stone Minerals: Focusing On Natural Gas Acquisitions
Summary Black Stone Minerals spent $110 million on acquisitions in 2024, funded primarily with cash on hand. It now has a slight amount of net debt and may add to that debt with continued acquisitions and the redemption of some Series A Preferred Units. I project its distribution coverage at 1.07x in 2025 at current strip. Black Stone's estimated value is now $17.75 per unit at long-term $70 WTI oil and $3.75 NYMEX natural gas. Read the full article on Seeking AlphaSeeking Alpha • Feb 27
Black Stone Minerals: A 10% Distribution For This Natural Gas Royalty Play (Rating Upgrade)
Summary Upgrading Black Stone Minerals to a BUY due to improving natural gas prices, a robust hedging program, and a renegotiated production agreement with Aethon. BSM's 2024 challenges included weak natural gas prices and a dividend cut, but the company maintained a distribution coverage greater than 1x distributable cash flow throughout the year. For 2025, BSM expects a 2% production increase, with natural gas making up 77% of total volumes, driven by new wells and rising prices. LNG export growth and increased electricity demand from AI data centers position BSM's Haynesville acreage as a key resource, enhancing future prospects. I am upgrading BSM to a BUY. Read the full article on Seeking AlphaSeeking Alpha • Feb 19
Black Stone Minerals' Double-Digit Yield Looks To Benefit From Expanding Electricity Demand
Summary Since its IPO in 2015, Black Stone Minerals performance has matched Exxon and Chevron on an annualized total return basis. Management's interest are closely aligned with unitholders and insider buying volume has been significant in 2025. Improving supply/demand balance for natural gas means more production volume, likely returning the distribution to high water level. More favorable federal energy policy towards fossil fuel minerals and growing electricity need bode well for BSM to benefit. Read the full article on Seeking AlphaSeeking Alpha • Dec 12
Black Stone Minerals: Distribution Coverage Should Improve From Q3 2024 Levels
Summary Black Stone Minerals reported 1x distribution coverage for Q3 2024. It saw an 8% quarter-over-quarter production decline. BSM's Q4 2024 distribution coverage should increase slightly even if its production declines a bit further in the near term. I've reduced my 2025 production expectations by 3–4% to reflect a lower potential production level entering the year. Stronger natural gas prices in 2025 (particularly later in the year) should increase activity at Black Stone's assets. Read the full article on Seeking AlphaSeeking Alpha • Oct 08
Black Stone Minerals: Preferred Unit Redemption May Increase Distributable Cash Flow
Summary Black Stone Minerals has been acquiring Gulf Coast mineral and royalty interests. These acquisitions are primarily non-producing currently, but are expected to benefit future production results once natural gas prices improve. Black Stone also has the opportunity to redeem its Series B preferred units at par in late 2025. These units have a 9.8% distribution rate, so redeeming them should benefit Black Stone's distributable cash flow. Black Stone's credit facility interest rate may be 6% to 7% by late 2025. Read the full article on Seeking Alpha
새로운 내러티브 • Sep 05
Hedging Missteps And Acquisition Risks To Hamper Earnings Amidst Volatile Times
Emphasis on grassroots acquisitions and asset enhancement may increase debt without immediate returns, affecting net income and cash flow if expectations are not met.Seeking Alpha • Aug 11
Black Stone Minerals: Well Covered 10.5% Yield And Debt Free Balance Sheet Make This A Buy
Summary BSM is a high free cash flow royalty-driven MLP with no debt, offering a 10.5% yield and potential upside with improved natural gas prices. The company's business model involves collecting royalty payments on revenue from producers operating on their acreage. BSM offers solid coverage of their distribution and potential for buybacks or acquisitions, making it a bargain investment opportunity. We peg a range of $12 to high teens on the stock, but are happy with a flat share price and a healthy tax-deferred distribution. Read the full article on Seeking AlphaSeeking Alpha • Jul 30
Black Stone Minerals: Overexposed To Natural Gas
Summary Production was down 2% in Q1 2024, after reducing their working interest exposure. Q1 2024 revenue at $113.2 million, net income at $63.9 million; down 17% and 57% QoQ. Distribution reduced by 21% to $0.375 per unit in Q1 2024. Aethon reduced production volumes by 800 Boe/d in April 2024. This will certainly impact their Q2 2024 production. Due to their natural gas exposure, overvaluation, and strategic uncertainties, my rating for this stock is a Hold. Read the full article on Seeking AlphaSeeking Alpha • May 10
Black Stone Minerals: Reduced Production Guidance Due To Low Natural Gas Prices
Summary Black Stone Minerals reduced its 2024 production guidance by around 4%. The Company's oil cut may end up slightly higher than previously expected. BSM is projected to have 1.17x distribution coverage with its reduced distribution. It is spending on acquisitions that will benefit its longer-term cash flow. I expect Black Stone's distributable cash flow to rebound to $2+ per unit in 2026. Read the full article on Seeking AlphaSeeking Alpha • Mar 12
Black Stone Minerals: A Distribution Cut Is Coming
Summary Black Stone Minerals has seen a large decrease in rigs on its acreage. With Aethon taking a drilling pause, 2025 production is likely to decline. With favorable hedges rolling off, a distribution cut will be coming this year barring a natural gas price rally. Read the full article on Seeking AlphaCEO 보수 분석
| 날짜 | 총 보수 | 급여 | 회사 수익 |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$268m |
| Dec 31 2025 | US$2m | US$319k | US$270m |
| Sep 30 2025 | n/a | n/a | US$245m |
| Jun 30 2025 | n/a | n/a | US$246m |
| Mar 31 2025 | n/a | n/a | US$194m |
| Dec 31 2024 | US$946k | US$298k | US$242m |
보상 대 시장: H.의 총 보수(USD2.18M)는 US 시장에서 비슷한 규모 기업의 평균(USD6.80M)보다 낮습니다.
보상과 수익: H.의 보상은 지난 1년 동안 20% 이상 증가했습니다.
CEO
H. DeWalch (36 yo)
less than a year
재임 기간
US$2,180,761
보수
Mr. H. Taylor DeWalch Co-CEO, President and Director of Black Stone Minerals GP L.L.C., the General Partner of Black Stone Minerals, L.P. since January 1, 2026. He served as Senior Vice President of the Bl...
리더십 팀
| 이름 | 직위 | 재임 기간 | 보수 | 지분 |
|---|---|---|---|---|
| Executive Chairman of the Board of Black Stone Minerals GP L.L.C. | 11.6yrs | US$4.79m | 7.27% $ 215.9m | |
| Co-CEO, President & Director of Black Stone Minerals GP L.L.C. | less than a year | US$2.18m | 0.012% $ 351.5k | |
| Co-CEO, President and Director of Black Stone Minerals GP L.L.C. | less than a year | US$1.20m | 0.014% $ 420.7k | |
| Senior VP | less than a year | US$528.70k | 0.0023% $ 67.1k | |
| Senior VP | 11.6yrs | US$2.55m | 0.33% $ 9.8m | |
| Director of Corporate Accounting | no data | 데이터 없음 | 0.0018% $ 54.6k | |
| Vice President of Corporate Development | less than a year | 데이터 없음 | 데이터 없음 | |
| Vice President of Human Resources of Black Stone Minerals GP LLC | 7.3yrs | 데이터 없음 | 데이터 없음 | |
| Consultant of Black Stone Minerals Gp L.L.C | 9.6yrs | US$6.36m | 데이터 없음 |
0.4yrs
평균 재임 기간
48.5yo
평균 나이
경험이 풍부한 관리: BSM의 경영진은 경험이 부족한 것으로 간주됩니다(평균 재임 0.4 년) — 신규 팀일 수 있습니다.
이사회 구성원
| 이름 | 직위 | 재임 기간 | 보수 | 지분 |
|---|---|---|---|---|
| Executive Chairman of the Board of Black Stone Minerals GP L.L.C. | 11.6yrs | US$4.79m | 7.27% $ 215.9m | |
| Co-CEO, President & Director of Black Stone Minerals GP L.L.C. | less than a year | US$2.18m | 0.012% $ 351.5k | |
| Co-CEO, President and Director of Black Stone Minerals GP L.L.C. | less than a year | US$1.20m | 0.014% $ 420.7k | |
| Independent Lead Director of Black Stone Minerals GP L.L.C. | 11.3yrs | US$338.59k | 0.067% $ 2.0m | |
| Independent Director of Black Stone Minerals GP L.L.C. | 11.3yrs | US$288.59k | 0.098% $ 2.9m | |
| Independent Director of Black Stone Minerals GP L.L.C. | 11.3yrs | US$278.59k | 0.30% $ 8.8m | |
| Independent Director of Black Stone Minerals GP L.L.C. | 11.3yrs | US$278.59k | 0.44% $ 12.9m | |
| Independent Director of Black Stone Minerals GP L.L.C. | 11.3yrs | US$293.59k | 3.1% $ 92.1m | |
| Independent Director of Black Stone Minerals GP L.L.C. | 9yrs | US$280.28k | 1.97% $ 58.6m | |
| Independent Director of Black Stone Minerals GP L.L.C. | 2.9yrs | US$278.59k | 2.93% $ 87.1m | |
| Independent Director of Black Stone Minerals GP L.L.C. | 2.3yrs | US$231.86k | 0.065% $ 1.9m | |
| Independent Director of Black Stone Minerals GP | less than a year | 데이터 없음 | 0.73% $ 21.7m |
10.1yrs
평균 재임 기간
63.5yo
평균 나이
경험이 풍부한 이사회: BSM의 이사회는 노련하고 경험이 풍부합니다(평균 재임 10.1 년).
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/06/30 22:28 |
| 종가 | 2026/06/30 00:00 |
| 수익 | 2026/03/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
|
|
| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
| |
| 경영진 | 10년 |
| |
| 주요 개발 | 10년 |
|
* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
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산업 및 섹터 지표
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분석가 소스
Black Stone Minerals, L.P.는 7명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Timothy Rezvan | KeyBanc Capital Markets Inc. |
| Mark Lear | Piper Sandler Companies |
| John Freeman | Raymond James & Associates |