Reports Q1 revenue $174.78M, consensus $140.47M. Thomas L. Carter, Jr., Black Stone Minerals’ CEO and Chairman commented, "We had a strong start to the year despite headwinds from weaker natural gas prices. We remain constructive on our long-term outlook and are encouraged by our development agreements with Aethon in the Shelby Trough and various operators in the Austin Chalk. As we continue to focus on growth in our existing assets, Black Stone is able to maintain the highest distribution level since going public."
Published first on TheFly
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