In this photo, an oil pump with industry equipment can be seen. Black Stone Minerals L.P.’s board of directors approved a quarterly cash distribution for common units at $0.475 per unit for the second quarter of 2023, the same as the previous quarter. (Source: Shutterstock.com)
Black Stone Minerals L.P.’s board of directors approved a quarterly cash distribution for common units at $0.475 per unit for the second quarter of 2023, the same as the previous quarter.
Compared to second quarter 2022, the distribution is a 13% increase over the common distribution paid.
Distributions will be payable on Aug. 18 to unitholders of record as of Aug. 11.
Black Stone Minerals owns oil and gas minerals and royalty interests in 41 states in the continental U.S.
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