Black Stone Minerals: Q4 Earnings Snapshot
By AP News
Published - Feb 20, 2024, 05:06 AM ET
Last Updated - Feb 20, 2024, 05:06 AM EST
HOUSTON (AP) — HOUSTON (AP) — Black Stone Minerals LP (BSM) on Monday reported fourth-quarter net income of $147.6 million.
The Houston-based company said it had profit of 65 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.
The partnership that owns mineral and royalty interests posted revenue of $190.8 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $142.7 million.
