secwatch.observer — SEC 8-K summary
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Issuer:     Black Stone Minerals, L.P. (BSM)
CIK:        0001621434
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001628280-23-004375
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621434/000162828023004375/0001628280-23-004375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621434/000162828023004375/bsm-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-004375

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer