HOUSTON (AP) — HOUSTON (AP) — Black Stone Minerals LP (BSM) on Monday reported second-quarter net income of $112.7 million.
The Houston-based company said it had net income of 53 cents per share.
The partnership that owns mineral and royalty interests posted revenue of $159.5 million in the period.
Black Stone Minerals shares have decreased 14% since the beginning of the year. In the final minutes of trading on Monday, shares hit $12.60, a decline of 13% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BSM at https://www.zacks.com/ap/BSM
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