{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-005445","form_type":"8-K","ticker":"BSM","cik":"0001621434","company_name":"Black Stone Minerals, L.P.","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.840439+00:00","generated_at":"2026-06-05T23:08:51.458139+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BSM Q4 net income $147.6M, zero debt; guides 2024 production growth","bullets":["Q4 2023 net income $147.6M; Adjusted EBITDA $125.5M; distributable cash flow $119.1M.","Q4 distribution $0.475/unit, coverage 1.19x; FY 2023 distributions increased 9% to $1.90/unit.","Zero debt as of Feb 16, 2024; cash $102.9M; $150M buyback program inactive in Q4.","FY 2024 guidance: mineral & royalty production 39–40 MBoe/d (up ~4%), total 40–42 MBoe/d.","Aethon invoked time-out on Shelby Trough drilling obligations due to low gas prices."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-005445","json":"https://secwatch.observer/filing/0001628280-24-005445.json","markdown":"https://secwatch.observer/filing/0001628280-24-005445.md","text":"https://secwatch.observer/filing/0001628280-24-005445.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024005445/0001628280-24-005445-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024005445/bsm-20240219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T23:08:51.458139+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"16afc30e1df42ebdefd6d8e757fdd564ce35c892","claim":"Black Stone Minerals, L.P. reported the full year of 2023 results: net income Reported 2023 net income ... of $422.5 million.","evidence_excerpt":"Reported 2023 net income and Adjusted EBITDA of $422.5 million and $474.7 million, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024005445/0001628280-24-005445-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year of 2023"},{"label":"Net income","value":"Reported 2023 net income ... of $422.5 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1a2bec26240d0ea561fc53fed7aebf304805cee4","claim":"Black Stone Minerals, L.P. reported the quarter ended December 31, 2022 results: revenue Oil and gas revenue in the fourth quarter of 2022 was $196.2 million, net income net income was $183.2 million for the quarter ended December 31, 2022.","evidence_excerpt":"For the quarter ended December 31, 2022, net income was $183.2 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024005445/0001628280-24-005445-index.htm","confidence":0.96,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"Oil and gas revenue in the fourth quarter of 2022 was $196.2 million"},{"label":"Net income","value":"net income was $183.2 million for the quarter ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"22cf0f2a2e5f01f75e10a952b54f9b19a58a0f0c","claim":"Black Stone Minerals, L.P. reported the fourth quarter of 2023 results: revenue oil and gas revenue of $132.6 million (60% oil and condensate) for the fourth quarter of 2023, a decrease of 1% from $13.","evidence_excerpt":"The Company reported net income of $147.6 million for the quarter ended December 31, 2023, compared to net income of $62.1 million in the preceding quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024005445/0001628280-24-005445-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Revenue","value":"oil and gas revenue of $132.6 million (60% oil and condensate) for the fourth quarter of 2023, a decrease of 1% from $13"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"22cf0f2a2e5f01f75e10a952b54f9b19a58a0f0c","claim":"Black Stone Minerals, L.P. reported the fourth quarter of 2023 results: revenue oil and gas revenue of $132.6 million (60% oil and condensate) for the fourth quarter of 2023, a decrease of 1% from $13.","evidence_excerpt":"Black Stone reported oil and gas revenue of $132.6 million (60% oil and condensate) for the fourth quarter of 2023, a decrease of 1% from $134.5 million in the third quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024005445/0001628280-24-005445-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Revenue","value":"oil and gas revenue of $132.6 million (60% oil and condensate) for the fourth quarter of 2023, a decrease of 1% from $13"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5eb70a3520ee7d2b7bc924a954bf9216c946fd6f","claim":"Black Stone Minerals, L.P. reported the fourth quarter and full year of 2023 results: revenue oil and gas revenue of $132.6 million, net income net income of $147.6 million for the quarter ended December 31, 2023... net income was $62.1 million in the preceding qu.","evidence_excerpt":"of 2% from $34.30 per Boe for the third quarter of 2023 and a 31% decrease compared to $50.67 for the fourth quarter of 2022. Black Stone reported oil and gas revenue of $132.6 million (60% oil and condensate) for the fourth quarter of 2023, a decrease of 1% from $134.5 million in the third quarter of 2023. Oil and gas revenue in the fourth quarter of 2022 was","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024005445/0001628280-24-005445-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year of 2023"},{"label":"Revenue","value":"oil and gas revenue of $132.6 million"},{"label":"Net income","value":"net income of $147.6 million for the quarter ended December 31, 2023... net income was $62.1 million in the preceding qu"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ee78ac23e2b4a3e608fda2bcffb8c50638be651e","claim":"Black Stone Minerals, L.P. reported the quarter ended September 30, 2023 results: net income net income of $62.1 million in the preceding quarter.","evidence_excerpt":"The Company reported net income of $147.6 million for the quarter ended December 31, 2023, compared to net income of $62.1 million in the preceding quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024005445/0001628280-24-005445-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Net income","value":"net income of $62.1 million in the preceding quarter"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}