Black Stone Minerals, L.P. with ticker code (BSM) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 16 and 14 with a mean TP of 15.2. Given that the stocks previous close was at 13.2 this would indicate that there is a potential upside of 15.2%. There is a 50 day moving average of 11.93 and the 200 moving average now moves to 11.25. The market cap for the company is $2,807m. You can visit the company’s website by visiting: https://www.blackstoneminerals.com
The potential market cap would be $3,232m based on the market concensus.
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.7 million gross acres located in 41 states in the United States. As of December 31, 2020, the company had a total estimated proved oil and natural gas reserves of 55,987 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.
