Black Stone Minerals, L.P. Announces Further Distribution Increase and Schedules Earnings Call to Discuss Fourth Quarter and Full-Year 2022 Results
01 Febrero 2023 - 4:15PM
Business Wire
Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or
“the Company”) today declared the distribution attributable to the
fourth quarter of 2022. Additionally, the Partnership announced the
date of its fourth quarter and full-year 2022 earnings call.
Common Distribution
The Board of Directors of the general partner has approved a
cash distribution for common units attributable to the third
quarter of 2022 of $0.475 per unit. This is the fifth consecutive
quarterly increase. The $0.475 per unit represents an increase of
5% over the common distribution paid with respect to the prior
quarter and an increase of 76% over the common distribution paid
with respect to the fourth quarter of 2021. Distributions will be
payable on February 23, 2023 to unitholders of record on February
16, 2023.
Earnings Conference Call
The Partnership is scheduled to release details regarding its
results for the fourth quarter and full-year 2022 results after the
close of trading on February 21, 2023. A conference call to discuss
these results is scheduled for February 22, 2023 at 9:00 a.m.
Central time (10:00 a.m. Eastern time). The conference call will be
broadcast live in listen-only mode on the Company’s investor
relations website at www.blackstoneminerals.com. If you would like
to ask a question, the dial-in number for the conference call is
(800) 343-5172 for domestic participants and (203) 518-9856 for
international participants. The conference ID for the call is
BSMQ422. Call participants are advised to call in 10 minutes in
advance of the call start time.
A replay of the conference call will be available approximately
two hours after the call through a link on the Company’s investor
relations website.
About Black Stone Minerals, L.P.
Black Stone Minerals is one of the largest owners of oil and
natural gas mineral interests in the United States. The Company
owns mineral interests and royalty interests in 41 states in the
continental United States. Black Stone believes its large,
diversified asset base and long-lived, non-cost-bearing mineral and
royalty interests provide for stable to growing production and
reserves over time, allowing the majority of generated cash flow to
be distributed to unitholders.
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Black Stone Minerals, L.P. Contacts Jeff Wood President
and Chief Financial Officer Evan Kiefer Vice President, Finance and
Investor Relations Telephone: (713) 445-3200
investorrelations@blackstoneminerals.com
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