---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-004375"
form_type: "8-K"
ticker: "BSM"
cik: "0001621434"
company_name: "Black Stone Minerals, L.P."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:56:37.682321+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Black Stone Minerals Q4 2022: record mineral & royalty production 40.0 MBoe/d, net income $183.2M

## Summary
- Record mineral & royalty production 40.0 MBoe/d (+7% QoQ); total production 42.1 MBoe/d.
- Net income $183.2M; Adjusted EBITDA record $131.7M; distributable cash flow record $125.3M.
- Distribution increased to $0.475/unit (+6% QoQ), coverage 1.26x; total debt reduced to $10M.
- 2023 guidance: mineral & royalty production 35-37 MBoe/d (+5% YoY); total production 37-39 MBoe/d.
- Proved reserves up 7% to 64.1 MMBoe; standardized measure $1,665M vs $972M year-end 2021.

## SEC filing metadata
- accession: 0001628280-23-004375
- form_type: 8-K
- ticker: BSM
- cik: 0001621434
- company_name: Black Stone Minerals, L.P.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621434/000162828023004375/0001628280-23-004375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621434/000162828023004375/bsm-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-004375
- JSON: https://secwatch.observer/filing/0001628280-23-004375.json
- Plain text: https://secwatch.observer/filing/0001628280-23-004375.txt

## Key facts
- Earnings Releases
  Black Stone Minerals, L.P. reported Fourth quarter 2022 results: net income $183.2 million.
  - Period: Fourth quarter 2022
  - Net income: $183.2 million
  - Result: reported results
  source text: The Company reported net income of $183.2 million for the quarter ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621434/000162828023004375/0001628280-23-004375-index.htm
- Earnings Releases
  Black Stone Minerals, L.P. reported Full year 2022 results: net income $476.5 million.
  - Period: Full year 2022
  - Net income: $476.5 million
  - Result: reported results
  source text: Reported 2022 net income and Adjusted EBITDA of $476.5 million and $466.4 million, respectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621434/000162828023004375/0001628280-23-004375-index.htm

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