HOUSTON–(BUSINESS WIRE)–Black Stone Minerals, LP (NYSE: BSM) (“Black Stone”, “BSM” or “the Company”) today declared the distribution attributable to the second quarter of 2022. In addition, the Partnership announced the date of its second quarter 2022 earnings call.

Common distribution

The Board of Directors of the General Partner has approved a cash distribution for Common Units attributable to the second quarter of 2022 of $0.42 per Unit. This represents a 5% increase over the common distribution paid in respect of the previous quarter and a 68% increase over the common distribution paid in respect of the second quarter of 2021. The distributions will be payable on August 19, 2022 to holders of record shares on August 12, 2022.

Earnings Conference Call

The Partnership is expected to release details regarding its second quarter 2022 results after market close on August 1, 2022. A conference call to discuss these results is scheduled for August 2, 2022 at 9:00 a.m. Central Time (10:00 a.m. from the east). The conference call will be broadcast live in listen-only mode on the Company’s Investor Relations website at www.blackstoneminerals.com. If you would like to ask a question, the dial-in number for the conference call is (888) 672-2415 for domestic participants and (646) 307-1952 for international participants. The conference ID for the call is 2386291. Call participants are asked to call in 10 minutes before the call start time.

A replay of the conference call will be available approximately two hours after the call via a link on the Company’s Investor Relations website.

About Black Stone Minerals, LP

Black Stone Minerals is one of the largest owners of oil and gas mining interests in the United States. The Company has mineral interests and royalty interests in 41 states in the continental United States. Black Stone believes that its large and diverse asset base and long-term, non-cost-bearing mining and royalty interests ensure stable to growing production and reserves over time, distributing the majority of cash flow generated for unitholders.

Information for Non-US Investors

This press release is intended to be a qualified opinion under Treasury Regulation section 1.1446-4(b). Although a portion of Black Stone Minerals’ earnings may not be effectively tied to earnings and may be subject to other withholding procedures, brokers and agents must process 100% of Black Stone Minerals’ distributions to non-U.S. investors as being attributable to income actually connected with a trade or business in the United States. Accordingly, distributions from Black Stone Minerals to non-US investors are subject to federal income tax withholding at the highest marginal rate, currently 37.0% for individuals.

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