Brief: Black Stone Minerals Announces Fourth Quarter And Full Year 2021 Results Provides Guidance For 2022

Black Stone Minerals LP

21/02/2022 23:10

Feb 21 (Reuters) - Black Stone Minerals LP  BSM.N :
    * BLACK STONE MINERALS, L.P. ANNOUNCES FOURTH QUARTER AND
FULL
YEAR 2021 RESULTS; PROVIDES GUIDANCE FOR 2022
    * BLACK STONE MINERALS LP - MINERAL AND ROYALTY PRODUCTION
FOR Q4
OF 2021 EQUALED 35.2 MBOE/D, AN INCREASE OF 7% OVER PRIOR
QUARTER
    * BLACK STONE MINERALS LP - TOTAL REPORTED PRODUCTION
AVERAGED
39.1 MBOE/D (90% MINERAL AND ROYALTY, 71% NATURAL GAS) FOR Q4 OF
2021
    * BLACK STONE MINERALS LP - CO'S AVERAGE REALIZED PRICE PER
BOE,
EXCLUDING EFFECT OF DERIVATIVE SETTLEMENTS, WAS $44.12 FOR
QUARTER ENDED DEC 31, 2021
    * BLACK STONE MINERALS LP QTRLY NET INCOME ATTRIBUTABLE TO
LIMITED
PARTNERS PER COMMON UNIT $0.60
    * BLACK STONE MINERALS LP QTRLY TOTAL REVENUE $179.4 MILLION
VERSUS $77.4 MILLION
    * BLACK STONE MINERALS LP - EXPECTS ROYALTY PRODUCTION TO BE
CONSISTENT WITH OR DECLINE SLIGHTLY IN 2022 RELATIVE TO FULL
YEAR 2021 LEVELS
    * BLACK STONE MINERALS LP - WORKING INTEREST PRODUCTION IS
EXPECTED TO DECLINE IN 2022
    * BLACK STONE MINERALS LP SEES FY 2022 MINERAL AND ROYALTY
PRODUCTION 31 MBOE/D - 33 MBOE/D
    * BLACK STONE MINERALS LP SEES FY 2022 TOTAL PRODUCTION 34
MBOE/D
- 37 MBOE/D

Source text for Eikon:  ID:nBw3WLDsva 
Further company coverage:  BSM.N 

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