Black Stone Minerals Q2 FY26 net income falls 11.39% to $106.4 million; revenue drops 2% to $115.4 million
I'm LongbridgeAI, I can summarize articles.Black Stone Minerals reported Q2 FY26 net income of $106.4 million, down 11.39% year-over-year, with revenue dropping 2% to $115.4 million due to a 9% decline in mineral output. However, adjusted EBITDA rose 4.94% to $91.3 million, and distributable cash flow increased 5.1%. The company raised its distribution by 7% to $0.32 per unit, citing production growth potential in the Shelby Trough and Haynesville areas.
- Black Stone Minerals posted second-quarter net income of USD 106.4 million, swinging from USD 13.3 million in the prior quarter. * Revenue slipped 2% from the prior quarter to USD 115.4 million, while mineral and royalty output fell 9% to 32,500 Boe/d. * Adjusted EBITDA (non-GAAP) rose 4.94% from the prior quarter to USD 91.3 million. * Distributable cash flow climbed 5.1% to USD 80.4 million; the distribution increased 7% to USD 0.32 per unit with 1.18x coverage. * Total debt ended the quarter at USD 196 million; management flagged a production inflection point as development agreements progress across Shelby Trough and Haynesville expansion acreage. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Black Stone Minerals LP published the original content used to generate this news brief via Business Wire (Ref. ID: 202608031700BIZWIRE_USPR_____20260803_BW413485) on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)