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Investing.com - Black Stone Minerals (NYSE:BSM), currently trading with an attractive 9.24% dividend yield and impressive 87.4% gross profit margins, hosted an investor call where management presented its long-term outlook through 2035, according to KeyBanc. InvestingPro analysis suggests the stock is currently trading below its Fair Value.
KeyBanc maintained its Sector Weight rating on Black Stone Minerals following the presentation, though no specific price target was mentioned in the report.
The company’s presentation focused on expected activity increases in emerging areas of the Haynesville Shale, with management expressing that a third operator agreement is "at the one-yard line."
Black Stone’s data-heavy presentation highlighted the company’s geological expertise and differentiated strategy, showcasing management’s growing confidence in an extended fairway of the play.
KeyBanc noted it remains "bullish on the long-term earnings and distributions trajectory" for Black Stone Minerals but expressed continued caution regarding the near-term natural gas price outlook.
In other recent news, Black Stone Minerals reported strong financial results for the second quarter of 2025, significantly exceeding expectations. The company achieved an earnings per share of $0.53, surpassing the forecasted $0.29 by 82.76%. Additionally, revenue reached $159.49 million, well above the anticipated $111.75 million, representing a 42.72% surprise. In a separate development, Black Stone Minerals entered into a Unitholder Agreement with AP Basileia SPV, LLC regarding the company’s preferred units. The agreement, executed on August 22, 2025, includes specific voting and transfer provisions for these units. AP Basileia SPV has agreed to vote its preferred units in line with the recommendations of Black Stone Minerals’ Board of Directors on all ordinary matters. In exchange, Black Stone Minerals has agreed not to redeem the preferred units during the agreement period. These recent developments highlight significant strategic and financial activities for the company.
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