HOUSTON (AP) — HOUSTON (AP) — Black Stone Minerals LP (BSM) on Monday reported second-quarter net income of $61 million.
The Houston-based company said it had net income of 29 cents per share.
The partnership that owns mineral and royalty interests posted revenue of $109.6 million in the period.
Black Stone Minerals shares have fallen 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $14.20, a decline of 19% in the last 12 months.
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