Black Stone Minerals, L.P. with ticker code (BSM) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 23 and 18 calculating the mean target price we have 20.5. Given that the stocks previous close was at 16.48 this would indicate that there is a potential upside of 24.4%. The 50 day MA is 17.06 and the 200 day MA is 16.1. The company has a market cap of $3,443m. Company Website: https://www.blackstoneminerals.com
The potential market cap would be $4,282m 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, 2021, the company had a total estimated proved oil and natural gas reserves of 59,824 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.
