Highest-materiality recent filing
Black Stone Minerals Q1 net income $13.3M; production up 16% QoQ to 35.9 MBoe/d
Net income $13.3M vs $72.2M Q4 2025; revenue $117.5M (+30% QoQ) on higher volumes & prices.
Net income Q4 2025 $72.2M vs $91.7M Q3 2025 and $46.3M Q4 2024; Adjusted EBITDA $76.7M vs $88.1M Q3.
BSM CEO to become Executive Chairman; co-CEOs appointed in succession plan
Thomas L. Carter, Jr. transitions to Executive Chairman on Jan 1, 2026; current Chair, CEO, Pres.
Black Stone Q3 net income $91.7M; distribution $0.30/unit; CEO succession to co-CEOs in Jan 2026
Q3 net income $91.7M, Adjusted EBITDA $86.3M, distributable cash flow $76.8M; distribution $0.30/unit (1.21x coverage).
Black Stone Minerals enters voting and standstill agreement with preferred unitholder AP Basileia
AP Basileia holds 14.7M preferred units; agrees to vote with Board on ordinary matters, standstill until Nov 2027.
Black Stone Minerals Q2 net income $120M; cuts 2025 production guidance to 33-35 MBoe/d
Q2 2025 net income $120.0M, Adjusted EBITDA $84.2M, distributable cash flow $74.8M.
On June 17, 2025, the Board of the General Partner of the Partnership and Carrie Clark, Senior Vice President and Chief Commercial Officer of the General Partner, agreed that Ms. Clark would depart her current roles at the general partner effective June 17, 2025.
Max materiality 0.75 · Median 0.65 · Most common event leadership