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Black Stone Minerals LP (BSM) Q1 2021 Earnings Call Transcript


Black Stone Minerals LP (BSM) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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Black Stone Minerals LP (NYSE: BSM)
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Operator
Good morning, ladies and gentlemen, and welcome to the Black Stone Minerals First Quarter 2021 Earnings Conference Call. [Operator Instructions].
I would now like to turn the conference over to your host Mr. Evan Kiefer, Vice President of Finance and Investor Relations.SPONSORED:
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Black Stone Minerals, L.P. Reports First Quarter Results and Announces Multiple New Development Agreements


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8018
Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone Minerals,” “Black Stone,” or “the Company”) today announces its financial and operating results for the first quarter of 2021.
Financial and Operational Highlights
Mineral and royalty production for the first quarter of 2021 equaled 31.1 MBoe/d, a decrease of 3% over the prior quarter; total production, including working interest volumes, was 36.8 MBoe/d for the quarter.
Net income and Adjusted EBITDA for the quarter totaled $16.2 million and $60.0 million, respectively.
Distributable cash flow was $53.8 million for the first quarter, resulting in distribution coverage for all units of 1.5x based on the announced cash distribution of $0.175 per unit. ....

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Black Stone Minerals LP (BSM) Q4 2020 Earnings Call Transcript


Black Stone Minerals LP (BSM) Q4 2020 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
Logo of jester cap with thought bubble.
Black Stone Minerals LP (NYSE: BSM)
Popular Searches
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Black Stone Minerals Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Evan Kiefer, Vice President of Finance and Investor Relations. Thank you and please go ahead.
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the com ....

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