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 22 and 17 calculating the mean target price we have 19.6. Now with the previous closing price of 14.33 this would imply there is a potential upside of 36.8%. The 50 day moving average now sits at 14.86 and the 200 day MA is 12.96. The company has a market capitalisation of $2,976m. Company Website: https://www.blackstoneminerals.com
The potential market cap would be $4,070m 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.
