Black Stone Minerals, L.P. with ticker code (BSM) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 23 and 17 calculating the average target price we see 20. Now with the previous closing price of 14.88 this indicates there is a potential upside of 34.4%. The day 50 moving average is 14.75 and the 200 day MA is 13.16. The company has a market cap of $3,166m. You can visit the company’s website by visiting: https://www.blackstoneminerals.com
The potential market cap would be $4,256m 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.
