Black Stone Minerals, L.P. Declares Distribution for Common Units & Schedules Earnings Call to Discuss First Quarter 2021 Res...
April 21 2021 - 4:00PM
Business Wire
Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or
“the Company”) today declared the distribution attributable to the
first quarter of 2021. Additionally, the Partnership announced the
date of its first quarter 2021 earnings call.
Common Distribution
The Board of Directors of the general partner has approved a
cash distribution for common units attributable to the first
quarter of 2021 of $0.175 per unit. Distributions will be payable
on May 21, 2021 to unitholders of record on May 14, 2021.
Earnings Conference Call
The Partnership is scheduled to release details regarding its
results for the first quarter of 2021 after the close of trading on
May 3, 2021. A conference call to discuss these results is
scheduled for May 4, 2021 at 9:00 a.m. Central time (10:00 a.m.
Eastern time). The conference call will be broadcast live in
listen-only mode on the company’s investor relations website at
www.blackstoneminerals.com. If you would like to ask a question,
the dial-in number for the conference call is 877-447-4732 for
domestic participants and 615-247-0077 for international
participants. The conference ID for the call is 3175119. Call
participants are advised to call in 10 minutes in advance of the
call start time.
A telephonic replay of the conference call will be available
approximately two hours after the call through June 3, 2021, at
855-859-2056 for domestic replay and 404-537-3406 for international
replay. The conference ID for the replay is 3175119.
About Black Stone Minerals, L.P.
Black Stone Minerals is one of the largest owners of oil and
natural gas mineral interests in the United States. The Company
owns mineral interests and royalty interests in 41 states in the
continental United States. Black Stone believes its large,
diversified asset base and long-lived, non-cost-bearing mineral and
royalty interests provide for stable to growing production and
reserves over time, allowing the majority of generated cash flow to
be distributed to unitholders.
Information for Non-U.S. Investors
This press release is intended to be a qualified notice under
Treasury Regulation Section 1.1446-4(b). Although a portion of
Black Stone Minerals’ income may not be effectively connected
income and may be subject to alternative withholding procedures,
brokers and nominees should treat 100% of Black Stone Minerals’
distributions to non-U.S. investors as being attributable to income
that is effectively connected with a United States trade or
business. Accordingly, Black Stone Minerals’ distributions to
non-U.S. investors are subject to federal income tax withholding at
the highest marginal rate, currently 37.0% for individuals.
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version on businesswire.com: https://www.businesswire.com/news/home/20210421005888/en/
Black Stone Minerals, L.P. Contacts
Jeff Wood President and Chief Financial Officer
Evan Kiefer Vice President, Finance and Investor Relations
Telephone: (713) 445-3200
investorrelations@blackstoneminerals.com
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