The Pres., CEO & COB of Black Stone Minerals (NYSE: BSM) is Buying Shares

By Carrie Williams

Today, the Pres., CEO & COB of Black Stone Minerals (NYSE: BSM), Thomas L. Carter, bought shares of BSM for $54.63K.

In addition to Thomas L. Carter, one other BSM executive reported Buy trades in the last month.

Based on Black Stone Minerals’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $91.36 million and quarterly net profit of $37.54 million. In comparison, last year the company earned revenue of $80.59 million and had a net profit of $53.89 million. The company has a one year high of $19.65 and a one year low of $10.71. Currently, Black Stone Minerals has an average volume of 252.9K.

The insider sentiment on Black Stone Minerals has been positive according to 60 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Black Stone Minerals LP engages in oil and natural gas mineral interests in the United States. The company markets its mineral assets for lease and promotes creative structuring to encourage and accelerate drilling activity; and selectively participates alongside its lessees on a working-interest basis. Black Stone Minerals was founded in 1876 and is headquartered in Houston, TX.