{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-020794","form_type":"8-K","ticker":"BSM","cik":"0001621434","company_name":"Black Stone Minerals, L.P.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.288017+00:00","generated_at":"2026-06-02T18:41:26.580414+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Black Stone Minerals cuts distribution 21% to $0.375/unit, lowers 2024 production guidance","bullets":["Q1 2024 net income $63.9M, down from $147.6M in Q4 2023; Adjusted EBITDA $104.1M.","Distribution reduced to $0.375/unit from $0.475/unit, coverage 1.22x; payable May 17.","Total production guidance lowered to 38.5–40.5 MBoe/d from prior 40–42 MBoe/d.","Aethon invoked JEA time-out; curtailment of ~800 Boe/d and 10-well completion delay.","No debt outstanding; $89M cash as of May 3; $35.3M in mineral acquisitions since Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-020794","json":"https://secwatch.observer/filing/0001628280-24-020794.json","markdown":"https://secwatch.observer/filing/0001628280-24-020794.md","text":"https://secwatch.observer/filing/0001628280-24-020794.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024020794/0001628280-24-020794-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024020794/bsm-20240506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T18:41:26.580414+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":"f6a4cdaf8a42c5098d1c57445cacd4918cd0c379","claim":"Black Stone Minerals, L.P. reported first quarter of 2024 results: revenue $113.2 million, net income $63.9 million.","evidence_excerpt":"is a decrease of 12% from $35.03 per Boe in the fourth quarter of 2023 and an 8% decrease from $33.47 in the first quarter of 2023. Black Stone reported oil and gas revenue of $113.2 million (63% oil and condensate) for the first quarter of 2024, a decrease of 15% from $132.6 million in the fourth quarter of 2023. Oil and gas revenue in the first quarter of 2023 was","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621434/000162828024020794/0001628280-24-020794-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$113.2 million"},{"label":"Net income","value":"$63.9 million"},{"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"}