Brief: Black Stone Minerals Posts Q4 Net Income Attributable To Limited Partners Per Common Unit Diluted Of $0.17

Black Stone Minerals LP

24/02/2020 22:23

Feb 24 (Reuters) - Black Stone Minerals LP  BSM.N :
    * BLACK STONE MINERALS, L.P. ANNOUNCES FOURTH QUARTER AND
FULL
YEAR 2019 RESULTS; PROVIDES GUIDANCE FOR 2020
    * REPORTED TOTAL PRODUCTION IN Q4 OF 46.2 MBOE/D
    * TOTAL PRODUCTION WAS 49.7 MBOE/D AND 49.0 MBOE/D FOR
QUARTERS
ENDED DECEMBER 31, 2018 AND SEPTEMBER 30, 2019, RESPECTIVELY
    * EXPECTS ROYALTY PRODUCTION TO DECLINE BY APPROXIMATELY 9%
IN
2020
    * WORKING INTEREST PRODUCTION IS EXPECTED TO DECLINE BY
APPROXIMATELY 25% IN 2020
    * OIL AND GAS REVENUE OF $106.3 MILLION FOR THE FOURTH
QUARTER OF
2019, A DECREASE OF 3% FROM $109.6 MILLION IN Q3 2019
    * QTRLY  NET INCOME ATTRIBUTABLE TO LIMITED PARTNERS PER
COMMON
UNIT DILUTED  $0.17
    * Q4 EARNINGS PER SHARE VIEW $0.27, REVENUE VIEW $127.2
MILLION --
REFINITIV IBES DATA
    * SEES 2020 EST. TOTAL PRODUCTION 40.5 MBOE/D - 43.5 MBOE/D

Source text for Eikon:  ID:nBw9TBcMRa 
Further company coverage:  BSM.N 

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