Black Stone Minerals Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Thomas Carter
Chief executive officer
US$4.6m
Total compensation
| CEO salary percentage | 10.0% |
| CEO tenure | 10yrs |
| CEO ownership | 7.1% |
| Management average tenure | 5.7yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
Black Stone Minerals: Preferred Unit Redemption May Increase Distributable Cash Flow
Oct 08Black Stone Minerals: Well Covered 10.5% Yield And Debt Free Balance Sheet Make This A Buy
Aug 11Black Stone Minerals: Overexposed To Natural Gas
Jul 30Black Stone Minerals: Reduced Production Guidance Due To Low Natural Gas Prices
May 10Black Stone Minerals: A Distribution Cut Is Coming
Mar 12Black Stone Minerals Remains A Great Energy Play
Feb 06Black Stone Minerals: Production Jumps By 18% In Q3 2023
Dec 01Black Stone Minerals: Production Increases And Better Nat Gas Prices Brighten Its Prospects
Nov 02Black Stone Minerals: Preferred Unit Distribution May Be Adjusted Above 10%
Sep 28The Dividend Investor's Natural Gas Export Playbook - Part 1
Sep 22Black Stone Minerals: Distribution Cut Looks Likely In 2024
Aug 18Black Stone Minerals: The 11% Yield Appears Sustainable In Current Environment
Aug 02Black Stone Minerals: Can This 11.8%-Yielding Oil And Gas Play Sustain Its Cash Distribution?
Jul 18The Dividend Investor's Oil Playbook - Part 4
Jun 21Black Stone Minerals: Slightly Over $2 Per Unit In Projected 2023 DCF
Jun 07Black Stone Minerals Q4 2022 Earnings Preview
Feb 20Black Stone Minerals: Hedges And Shelby Trough To Power Upside
Feb 08Black Stone Minerals, raises quarterly dividend by 5.6% to $0.475/share
Feb 01Black Stone Minerals CFO Jeff Wood to leave company
Jan 19Black Stone Minerals: 2023 Hedges Partially Reduce The Impact Of Lower Gas Prices
Jan 08Black Stone Minerals: Distributions Poised To Increase In 2023
Dec 15Black Stone Minerals, GAAP EPS of $0.75 beats by $0.34, revenue of $216.43M beats by $73.42M
Oct 31Black Stone Minerals raises dividend by 7% to $0.45
Oct 19My Top 2 Rated Stocks With Yields Over 9%
Oct 13Black Stone Minerals: Distributions Should Increase Further In 2023
Sep 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$316m |
| Mar 31 2024 | n/a | n/a | US$328m |
| Dec 31 2023 | US$5m | US$455k | US$401m |
| Sep 30 2023 | n/a | n/a | US$437m |
| Jun 30 2023 | n/a | n/a | US$544m |
| Mar 31 2023 | n/a | n/a | US$597m |
| Dec 31 2022 | US$5m | US$433k | US$455m |
| Sep 30 2022 | n/a | n/a | US$406m |
| Jun 30 2022 | n/a | n/a | US$254m |
| Mar 31 2022 | n/a | n/a | US$138m |
| Dec 31 2021 | US$5m | US$433k | US$161m |
| Sep 30 2021 | n/a | n/a | US$57m |
| Jun 30 2021 | n/a | n/a | US$65m |
| Mar 31 2021 | n/a | n/a | US$41m |
| Dec 31 2020 | US$3m | US$332k | US$101m |
| Sep 30 2020 | n/a | n/a | US$110m |
| Jun 30 2020 | n/a | n/a | US$157m |
| Mar 31 2020 | n/a | n/a | US$260m |
| Dec 31 2019 | US$7m | US$670k | US$193m |
| Sep 30 2019 | n/a | n/a | US$317m |
| Jun 30 2019 | n/a | n/a | US$308m |
| Mar 31 2019 | n/a | n/a | US$242m |
| Dec 31 2018 | US$7m | US$670k | US$275m |
| Sep 30 2018 | n/a | n/a | US$132m |
| Jun 30 2018 | n/a | n/a | US$98m |
| Mar 31 2018 | n/a | n/a | US$128m |
| Dec 31 2017 | US$16m | US$670k | US$152m |
Compensation vs Market: Thomas's total compensation ($USD4.55M) is below average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
CEO
Thomas Carter (72 yo)
10yrs
Tenure
US$4,551,321
Compensation
Mr. Thomas L. Carter, Jr., has been the Chairman and Chief Executive Officer of Black Stone Minerals GP L.L.C, the General Partner of Black Stone Minerals, L.P. and Black Stone Minerals Company, L.P. since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10yrs | US$4.55m | 7.08% $ 221.7m | |
| Senior VP | 10yrs | US$2.43m | 0.28% $ 8.8m | |
| Senior VP & Chief Commercial Officer of Black Stone Minerals GP L.L.C | 3.3yrs | US$1.91m | 0.056% $ 1.7m | |
| Senior VP & CFO of the General Partner | less than a year | no data | 0.0068% $ 212.7k | |
| Vice President of Human Resources | 5.7yrs | no data | no data | |
| Controller | less than a year | no data | 0.0012% $ 36.3k | |
| Director of Finance | no data | no data | no data | |
| Consultant of Black Stone Minerals Gp L.L.C | 8yrs | US$6.36m | no data |
5.7yrs
Average Tenure
49yo
Average Age
Experienced Management: BSM's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10yrs | US$4.55m | 7.08% $ 221.7m | |
| Independent Lead Director of Black Stone Minerals GP L.L.C | 9.7yrs | US$316.99k | 0.055% $ 1.7m | |
| Independent Director of Black Stone Minerals GP L.L.C | 9.7yrs | US$271.99k | 0.086% $ 2.7m | |
| Independent Director of Black Stone Minerals GP L.L.C | 9.7yrs | US$271.99k | 0.46% $ 14.3m | |
| Independent Director of Black Stone Minerals GP L.L.C | 9.7yrs | US$271.99k | 0.42% $ 13.2m | |
| Independent Director of Black Stone Minerals GP L.L.C | 9.7yrs | US$281.99k | 1.01% $ 31.7m | |
| Independent Director of Black Stone Minerals GP L.L.C | 9.7yrs | US$286.99k | 3.48% $ 109.1m | |
| Independent Director of Black Stone Minerals GP L.L.C | 7.4yrs | US$271.99k | 1.97% $ 61.8m | |
| Independent Director of Black Stone Minerals GP L.L.C | 1.3yrs | US$132.36k | 3.01% $ 94.4m | |
| Independent Director of Black Stone Minerals GP L.L.C | less than a year | no data | 0.059% $ 1.8m |
9.7yrs
Average Tenure
61.5yo
Average Age
Experienced Board: BSM's board of directors are considered experienced (9.7 years average tenure).