Black Stone MineralsBSM
Market Cap: $2.97B
About: Black Stone Minerals LP is an oil and natural gas mineral company. It owns oil and natural gas mineral interests, which makes up the majority of its asset base. Its business is actively managing an existing portfolio of mineral and royalty assets to maximize its value and expanding asset base through acquisitions of additional mineral and royalty interests.
Employees: 108
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
75% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 36
17% more call options, than puts
Call options by funds: $8.58M | Put options by funds: $7.31M
0% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 8 (+0) [Q2]
1% less funds holding
Funds holding: 182 [Q1] → 181 (-1) [Q2]
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
1.26% less ownership
Funds ownership: 16.28% [Q1] → 15.02% (-1.26%) [Q2]
10% less capital invested
Capital invested by funds: $548M [Q1] → $494M (-$53.9M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Piper Sandler Mark Lear 24% 1-year accuracy 17 / 71 met price target | 6%upside $15 | Neutral Maintained | 15 Aug 2024 |