Investing.com - Black Stone Minerals reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Black Stone Minerals announced earnings per share of $0.75 on revenue of $216.43M. Analysts polled by Investing.com anticipated EPS of $0.40 on revenue of $137.29M.
Black Stone Minerals shares are up 77.83% from the beginning of the year and are trading at $19.39 , down-from-52-week-high.
Black Stone Minerals shares gained 5.55% in after-hours trade the report.
Black Stone Minerals follows other major Energy sector earnings this month
Black Stone Minerals's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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