NYSE:BSMOil and Gas
Insider Buying and Voting Restrictions Could Be a Game Changer for Black Stone Minerals (BSM)
Earlier this month, Black Stone Minerals’ CEO, President, and Chairman, Thomas L. Carter Jr., purchased 15,300 shares of company stock after reporting second quarter earnings that exceeded expectations and executing a Unitholder Agreement with AP Basileia SPV, LLC to impose voting and transfer restrictions.
This insider buying at a time when Black Stone’s results surpassed forecasts underscores leadership’s confidence and a push toward a more stable shareholder structure.
With the CEO...