Is Black Stone Minerals L.P. (NYSE: BSM) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

BSM belongs to the Energy sector of the NYSE while operating in the Oil & Gas E&P industry. The current market capitalization of Black Stone Minerals L.P. is $3.24B. A total of 0.62 million shares were traded on the day, compared to an average of 415.92K shares.

In the most recent transaction, Carter Thomas L Jr bought 100,000 shares of BSM for 14.12 per share on Sep 06 ’24. After the transaction, the CEO, President, and Chairman now owns 3,133,128 company shares. In a previous transaction on Aug 26 ’24, Clark Carrie Pearson sold 18,532 shares at 14.84 per share. BSM shares that SVP, Chief Commercial Officer owns now total 116,923.

Among the insiders who bought shares, CARRIE P CLARK acquired of 18,532 shares on Aug 26 ’24 at a per-share price of $14.84. In another insider transaction, DeWalch D Mark bought 34,200 shares at $14.62 per share on Aug 15 ’24. Company shares held by the Director now total 357,005.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Black Stone Minerals L.P. pays an annual dividend of $1.70, resulting in a dividend yield of 11.07%, and it has a price to earnings (P/E) ratio of 10.23. BSM’s most recent ex-dividend date was 8/9/2024 when it declared a $0.3750 quarterly dividend that was paid in cash on 8/16/2024. Previously, the company paid the dividend on 5/17/2024 with an ex-dividend date of 5/9/2024. The BSM stock dividend was $0.3750 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, BSM has a high of $18.55 and a low of $13.94.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BSM’s latest balance sheet shows that the firm has $8.88M in Cash & Short Term Investments as of fiscal 2021. There were $89.00M in debt and $77.14M in liabilities at the time. Its Book Value Per Share was $4.08, while its Total Shareholder’s Equity was $1.06B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BSM is Buy with a score of 3.00.

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