Black Stone Minerals, L.P. Common Units (NYSE:BSM ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Mark Meaux - Director of Finance Thomas Carter - Chairman, President and Chief Executive Officer Taylor DeWalch - Senior Vice President and Chief Financial Officer Conference Call Participants Timothy Rezvan - KeyBanc Capital Markets Inc. Operator Hello, everyone, and thank you for joining us today for this Black Stone Minerals Q3 2024 Earnings Conference Call.
In recent years, many conservative investors relying on fixed-income securities for their income needs have found their buying power cut anywhere from 15% to over 100% on some items, due to inflation.
Black Stone Minerals, L.P. (NYSE:BSM ) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Mark Meaux - Director of Finance Tom Carter - Chairman, CEO and President Taylor DeWalch - Senior Vice President, Chief Financial Officer and Treasurer Carrie Clark - Senior Vice President, Chief Commercial Officer Steve Putman - Senior Vice President and General Counsel.
Black Stone Minerals beat EBITDA estimates handily and decreased the distribution by 22%, generally as we expected. The company's coverage ratio is now at 1.22x and offers a 9% yield. Healthcare Realty beat AFFO per share estimates by 1c and announced a joint venture with KKR, selling an 80% stake in assets for $300 million.