Business Context and Reporting Period
Company: Black Stone Minerals, L.P.
Filing Type: Form 8-K (Current Report)
Date of Report: February 23, 2026
Reporting Period: Fourth Quarter 2025 and Full Year 2025
This filing serves as a notification that the company issued a press release (Exhibit 99.1) detailing its financial and operating results for the fourth quarter and full year of 2025. Additionally, the company provided summary guidance for the 2026 fiscal year.
Key Financial Metrics
The provided text is a cover page and index for the Form 8-K and does not contain specific numerical data. The actual financial metrics are located in the attached press release (Exhibit 99.1), which is not included in the input text.
- Revenue, Profit, Cash Flow, Margins: Not provided in the filing text.
- Debt and Liquidity: Not provided in the filing text.
- Operating Results: Referenced as announced for Q4 2025 and Full Year 2025, but specific values are absent.
Material Changes
The filing text does not provide specific comparative data or material changes versus prior periods. It only confirms the announcement of results for the fourth quarter and full year 2025.
Guidance, Outlook, and Management Commentary
2026 Guidance: On February 23, 2026, Black Stone Minerals provided summary guidance for the 2026 fiscal year. The specific details of this guidance are contained within the press release (Exhibit 99.1) and are not detailed in the main body of this 8-K filing.
Risks and Contingencies: No specific risks or contingencies are detailed in the provided text.
Investor Verification Checklist
- Review Exhibit 99.1: Investors must access the attached press release to obtain actual Q4 2025 and Full Year 2025 financial results.
- Verify 2026 Guidance: Consult the press release for specific 2026 operational and financial targets.
- Check Trading Symbol: Confirm trading activity under the symbol BSM on the New York Stock Exchange.
- Confirm Filing Status: Note that the information in this report is furnished and not deemed "filed" for Section 18 liability purposes under the Exchange Act.