Recent Updates — BSM

Black Stone Minerals, L.P. reported second quarter 2026 financial results and announced a quarterly distribution increase to $0.32 per common unit, up 7% from the prior quarter. The partnership recorded net income of $106.4 million and Adjusted EBITDA of $91.3 million, driven by improved oil pricing and production volumes averaging 32.5 MBoe/d. Mineral and royalty acquisitions totaled $37.2 million in the quarter, correcting a prior press release error that had incorrectly stated $48.7 million. The distribution is payable on August 13, 2026, to unitholders of record as of August 6, 2026. Black Stone Minerals operates in the oil and natural gas industry, owning and managing mineral and royalty interests across the United States.