HOUSTON--(BUSINESS WIRE)--Nov 3, 2025--

Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone," "BSM," or "the Partnership") today announces its financial and operating results for the third quarter of 2025.

Financial and Operational Highlights

Mineral and royalty production for the third quarter of 2025 equaled 34.7 MBoe/d, an increase of 5% from the prior quarter; total production, including working-interest volumes, was 36.3 MBoe/d for the quarter.

Net income for the third quarter was $91.7 million, and Adjusted EBITDA for the quarter totaled $86.3 million.

Distributable cash flow was $76.8 million for the third quarter.

Black Stone announced a distribution of $0.30 per unit with respect to the third quarter of 2025. This distribution amount is consistent with the prior quarter. Di

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