
Black Stone Minerals, L.P. (NYSE:BSM) (&#34;Black Stone,&#34; &#34;BSM,&#34; or &#34;the Partnership&#34;) today declared the distribution attributable to the second quarter of 2026. Additionally, the Partnership

<p xmlns="http://www.w3.org/1999/xhtml">
Black Stone Minerals, L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BSM">BSM</a>) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the second quarter of 2026. Additionally, the Partnership announced the date of its second quarter 2026 earnings call.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Common Distribution</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Board of Directors of the general partner has approved a cash distribution of $0.32 per common unit attributable to the second quarter of 2026. This represents an increase of approximately 7% over the common distribution paid with respect to the prior quarter. Distributions will be payable on August 13, 2026, to unitholders of record on August 6, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Taylor DeWalch, Black Stone’s Co-CEO and President, commented, "We are pleased to announce an increase in our distribution to common unitholders while maintaining a reasonable amount of distribution coverage. This increase is driven by continued robust performance in our business and a constructive commodity price environment. We look forward to discussing our quarterly results on the earnings call on August 4."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Earnings Conference Call</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Partnership is scheduled to release details regarding its results for the second quarter 2026 after the close of trading on August 3, 2026. A conference call to discuss these results is scheduled for August 4, 2026, 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 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.blackstoneminerals.com&amp;esheet=54575275&amp;newsitemid=20260722740100&amp;lan=en-US&amp;anchor=https%3A%2F%2Finvestor.blackstoneminerals.com&amp;index=1&amp;md5=0af231abd9c82eb658c5e5fc276cf1cd" shape="rect">https://investor.blackstoneminerals.com</a>. If you would like to ask a question, the dial-in number for the conference call is (833) 461-5787 for domestic participants and (585) 542-9983 for international participants. The conference ID for the call is 230 377 830. Call participants are advised to call in 10 minutes in advance of the call start time.

</p><p xmlns="http://www.w3.org/1999/xhtml">
A replay of the conference call will be available approximately two hours after the call through a link on the Partnership’s investor relations website.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Black Stone Minerals, L.P.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Black Stone Minerals is one of the largest owners of oil and natural gas mineral interests in the United States. The Partnership 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.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260722740100r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260722740100/en/" rel="nofollow">https://www.businesswire.com/news/home/20260722740100/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Black Stone Minerals, L.P. Contacts</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Chris Bonner
<br xmlns="http://www.w3.org/1999/xhtml"></br>Senior Vice President, Chief Financial Officer, and Treasurer
<br xmlns="http://www.w3.org/1999/xhtml"></br>Telephone: (713) 445-3200
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investorrelations@blackstoneminerals.com" shape="rect">investorrelations@blackstoneminerals.com</a>

</p>

Black Stone Minerals, L.P. Announces Distribution Increase and Schedules Earnings Call to Discuss Second Quarter 2026 Results

Black Stone Minerals Raises Q2 Distribution to $0.32 Per Unit

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Black Stone Minerals, L.P. (NYSE:BSM) (&amp;#34;Black Stone,&amp;#34; &amp;#34;BSM,&amp;#34; or &amp;#34;the Partnership&amp;#34;) today declared the distribution attributable to the second quarter of 2026. Additionally, the Partnership</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Black Stone Minerals declared a Q2 2026 cash distribution of $0.32 per common unit, up about 7% from the prior quarter, reflecting solid asset performance and a constructive commodity-price backdrop. The company will report results after the close on August 3, with a conference call on August 4. Record date is August 6 and payment is August 13, 2026, boosting cash yield.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Q2 2026 common distribution increased to $0.32 per unit.</li><li>Distribution up ~7% QoQ; payable August 13, 2026.</li><li>Co-CEO cites robust performance and favorable commodity prices.</li><li>Earnings call set for August 4; results August 3 after the close.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Black Stone Minerals, L.P. (BSM)</strong>: Announced a 7% QoQ distribution increase to $0.32; near-term yield and cash-flow visibility improve.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article centers on a distribution increase and a scheduled earnings call, signaling ongoing capital allocation discipline and cash-flow stability for BSM.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Distribution increase supports higher yield and potential near-term unit price support.</li><li>Earnings call on August 4 provides a near-term catalysts for BSM shares.</li><li>Constructive commodity-price environment underpins cash flow and coverage.</li><li>Record date August 6 and payment August 13 may drive intraday trading.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Q2 2026 distribution: $0.32 per common unit.</li><li>QoQ distribution increase: ~7%.</li><li>Payment date: August 13, 2026.</li><li>Record date: August 6, 2026.</li><li>Earnings call: August 4, 2026 at 9:00 a.m. CT (10:00 a.m. ET); results after market close on August 3, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over the next 1–3 months as a higher distribution enhances yield and visibility.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Black Stone Minerals, L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BSM">BSM</a>) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the second quarter of 2026. Additionally, the Partnership announced the date of its second quarter 2026 earnings call.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Common Distribution</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Board of Directors of the general partner has approved a cash distribution of $0.32 per common unit attributable to the second quarter of 2026. This represents an increase of approximately 7% over the common distribution paid with respect to the prior quarter. Distributions will be payable on August 13, 2026, to unitholders of record on August 6, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Taylor DeWalch, Black Stone’s Co-CEO and President, commented, "We are pleased to announce an increase in our distribution to common unitholders while maintaining a reasonable amount of distribution coverage. This increase is driven by continued robust performance in our business and a constructive commodity price environment. We look forward to discussing our quarterly results on the earnings call on August 4."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Earnings Conference Call</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Partnership is scheduled to release details regarding its results for the second quarter 2026 after the close of trading on August 3, 2026. A conference call to discuss these results is scheduled for August 4, 2026, 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 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.blackstoneminerals.com&amp;esheet=54575275&amp;newsitemid=20260722740100&amp;lan=en-US&amp;anchor=https%3A%2F%2Finvestor.blackstoneminerals.com&amp;index=1&amp;md5=0af231abd9c82eb658c5e5fc276cf1cd" shape="rect">https://investor.blackstoneminerals.com</a>. If you would like to ask a question, the dial-in number for the conference call is (833) 461-5787 for domestic participants and (585) 542-9983 for international participants. The conference ID for the call is 230 377 830. Call participants are advised to call in 10 minutes in advance of the call start time.

</p><p xmlns="http://www.w3.org/1999/xhtml">
A replay of the conference call will be available approximately two hours after the call through a link on the Partnership’s investor relations website.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Black Stone Minerals, L.P.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Black Stone Minerals is one of the largest owners of oil and natural gas mineral interests in the United States. The Partnership 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.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260722740100r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260722740100/en/" rel="nofollow">https://www.businesswire.com/news/home/20260722740100/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Black Stone Minerals, L.P. Contacts</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Chris Bonner
<br xmlns="http://www.w3.org/1999/xhtml"></br>Senior Vice President, Chief Financial Officer, and Treasurer
<br xmlns="http://www.w3.org/1999/xhtml"></br>Telephone: (713) 445-3200
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investorrelations@blackstoneminerals.com" shape="rect">investorrelations@blackstoneminerals.com</a>

</p>

Black Stone Minerals declared a Q2 2026 cash distribution of $0.32 per common unit, up about 7% from the prior quarter, reflecting solid asset performance and a constructive commodity-price backdrop. The company will report results after the close on August 3, with a conference call on August 4. Record date is August 6 and payment is August 13, 2026, boosting cash yield.

News insight

Black Stone Minerals, L.P. Announces Distribution Increase and Schedules Earnings Call to Discuss Second Quarter 2026 Results

AI summary

Sentiment rationale

Key facts

Corporate Developments