---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-21-021036"
form_type: "8-K"
ticker: "BSM"
cik: "0001621434"
company_name: "Black Stone Minerals, L.P."
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T15:11:22.899236+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Black Stone Minerals Reports Q3 2021 Net Income of $16.2M and Adjusted EBITDA of $76.5M

## Summary
- Mineral & royalty production of 33.0 MBoe/d in Q3 2021, total production 38.0 MBoe/d, up 2% from prior quarter.
- Distributable cash flow of $70.2M for Q3; distribution of $0.25 per unit, coverage ratio 1.35x.
- Total debt $99.0M at Sept 30, reduced to $86.0M by Oct 29; credit facility borrowing base reaffirmed at $400M.
- 2021 guidance updated: total production expected at or near high end of 34.5-37.0 MBoe/d range; LOE & production costs at low end.
- Aethon Shelby Trough wells turned to sales; Austin Chalk agreements with multiple operators, one well producing, five drilling.

## SEC filing metadata
- accession: 0001628280-21-021036
- form_type: 8-K
- ticker: BSM
- cik: 0001621434
- company_name: Black Stone Minerals, L.P.
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621434/000162828021021036/0001628280-21-021036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621434/000162828021021036/bsm-20211101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-21-021036
- JSON: https://secwatch.observer/filing/0001628280-21-021036.json
- Plain text: https://secwatch.observer/filing/0001628280-21-021036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.