BSM Q2 2021: production up, revenue $110.4M, distribution $0.25/unit, guidance raised

Black Stone Minerals, L.P.

Mineral & royalty production 32.5 MBoe/d (+5% QoQ); total production 38.2 MBoe/d.
Net income $15.4M, Adjusted EBITDA $78.4M, distributable cash flow $72.1M (+34% QoQ).
Distribution of $0.25/unit ($0.20 base + $0.05 special) payable Aug 20; coverage 1.4x.
Revised 2021 production guidance raised to 34.5-37.0 MBoe/d; lease bonus income raised to $10-15M.
Debt reduced to $81M post-quarter; credit facility reaffirmed at $400M, extended to Nov 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.