Black Stone Minerals, L.P. with ticker code (BSM) now have 5 analysts covering the stock with the consensus suggesting 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 11.62 this is indicating there is a potential upside of 30.8%. The 50 day moving average now sits at 11.23 while the 200 day moving average is 11. The market capitalisation for the company is $2,525m. Visit the company website at: https://www.blackstoneminerals.com
The potential market cap would be $3,303m 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.
