Black Stone Minerals Expands Shelby Trough Acreage via Caturus Agreement
Black Stone Minerals (BSM) reported a strong third quarter, driven by increased production volumes in both oil and natural gas. Management attributed the performance to higher output levels combined with sustained elevated oil prices. The company is further strengthening its position in the Shelby Trough region through an expanded agreement with Caturus, adding 730,000 acres to its portfolio. This expansion is expected to support long-term growth prospects for the firm's production capabilities.
Tickers: $BSM
Topics: energy sector natural gas production oil production quarterly earnings
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Part of the story Black Stone Minerals Reports Q3 2026 Production Growth and Increased Distributions (4 articles)