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One of the largest oil and gas mineral rights owners in the United States: Black Stone Minerals (BSM) (1876)

Black Stone Minerals Company, LP, (NYSE:BSM) was founded in 1876 and is headquartered in Houston, Texas (company size: 51-200 employees), and is the largest owner of oil and gas minerals in the United States One, the company’s main business is to lease its own land for exploration, mining, and cooperation with oil and gas exploration and production companies.

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Black Stone Minerals (BSM):

To put it simply, Black Stone Minerals, LP has a large amount of undeveloped land (Black Stone Mining has more than 16.7 million acres of land in 41 states and almost all major basins in the United States). Since the late 19th century, Black Stone Minerals has been the largest in the United States. One of the oil and gas mining franchise companies with a history of more than 100 years. Blackstone explores underground resources and mineral deposits by renting out or cooperating with developers (in the United States, the land is privately owned and freehold property rights, and everything under the land belongs to the owner. Is it true that Is it evil? :-)), to obtain profits through rent collection or cooperative sharing. To put it simply, it is a landlord, but a more intelligent landlord!

Black Stone Minerals, LP owns approximately 15.5 million acres of mineral rights, 1.5 million acres of non-operating interest, and 1.5 million acres of land located in 41 states and 64 onshore basins in the continental United States. As of December 31, 2016, the company’s proven oil and natural gas reserves were estimated to be 63,425 thousand barrels of oil equivalent.

Black Stone Minerals (BSM) investment:

Blackstone Mining on 2015-05-01 in New York Stock Exchange, stock code: BSM, the issuance of 22.5 million shares at an issue price of $ 19, now a break. For this kind of asset-heavy company, it can be paid attention to, especially the people who have a passion for land, ha ha.

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