NYSE:BSMOil and Gas
Can Black Stone Minerals’ (BSM) Stable Payouts Withstand a Leadership Transition and Production Headwinds?
Black Stone Minerals, L.P. reported steady third-quarter earnings and production results, alongside a leadership succession plan that will see Tom Carter become Executive Chairman with Fowler Carter and Taylor DeWalch appointed as co-CEOs starting January 2026.
An interesting aspect is how the company managed to maintain distributions and modestly increase total production despite executive transitions and challenges in natural gas output.
We'll examine how this smooth management transition,...