Shares of Black Stone Minerals L.P. representing limited partner interests (NYSE:BSM) traded today at $13.25, eclipsing its 52-week high. This new high was reached on below average trading volume as 75,000 shares traded hands, while the average 30-day volume is approximately 686,000 shares.
Black Stone Minerals L.P. representing limited partner interests (NYSE:BSM) is currently priced 2.4% above its average consensus analyst price target of $12.94.
Black Stone Minerals LP is a US-based oil and natural gas mineral company. Its principal business is actively managing an existing portfolio of mineral and royalty assets to maximize its value and expanding asset base through acquisitions of additional mineral and royalty interests.
Over the past year, Black Stone Minerals L.P. representing limited partner interests has traded in a range of $8.37 to $13.25 and is now at $13.25, 58% above that low.
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