---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-035568"
form_type: "8-K"
ticker: "BSM"
cik: "0001621434"
company_name: "Black Stone Minerals, L.P."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:44:47.033768+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Black Stone Minerals Q3 production 42.6 MBoe/d (+20% QoQ), distribution raised 6%

## Summary
- Mineral & royalty production 40.3 MBoe/d, up 20% from Q2; total production 42.6 MBoe/d.
- Net income $62.1M; adjusted EBITDA $130.0M; distributable cash flow $124.4M.
- Distribution $0.475/unit (6% vs. Q3 2022), 1.25x coverage; annualized $1.90/unit.
- Zero debt at Sept 30; $90.6M cash; new $150M unit repurchase program approved.
- Evan Kiefer appointed permanent CFO; full-year 2023 production guided to upper end of 37-39 Mboe/d.

## SEC filing metadata
- accession: 0001628280-23-035568
- form_type: 8-K
- ticker: BSM
- cik: 0001621434
- company_name: Black Stone Minerals, L.P.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621434/000162828023035568/0001628280-23-035568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621434/000162828023035568/bsm-20231030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-035568
- JSON: https://secwatch.observer/filing/0001628280-23-035568.json
- Plain text: https://secwatch.observer/filing/0001628280-23-035568.txt

## Key facts
- Earnings Releases
  Black Stone Minerals, L.P. reported third quarter of 2023 results: revenue oil and gas revenue of $134.5 million, net income net income of $62.1 million.
  - Period: third quarter of 2023
  - Revenue: oil and gas revenue of $134.5 million
  - Net income: net income of $62.1 million
  - Result: reported results
  source text: is an increase of 9% from $31.35 per Boe in the second quarter of 2023 and a 42% decrease from $59.30 in the third quarter of 2022. Black Stone reported oil and gas revenue of $134.5 million (64% oil and condensate) for the third quarter of 2023, an increase of 30% from $103.2 million in the second quarter of 2023. Oil and gas revenue in the third quarter of 2022 was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621434/000162828023035568/0001628280-23-035568-index.htm

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