Black Stone Minerals, L.p.
A Houston-based partnership that owns oil and gas mineral and royalty interests, mostly across Texas and Louisiana, collecting payments from energy producers who drill on land it controls rather than operating wells itself. Black Stone Minerals traces its roots to the Liedtke family's oil dealings in Texas, and its name nods to the black stone that marks mineral boundaries in the Lone Star State's surveying tradition. It offers investors a way to own a slice of America's oil and gas royalties without ever touching a drill bit.
Common units representing limited partner interests
Estimated from filings — the split-adjusted price range over the quarters each manager built the position. A range, not a fill price; 13F reports a quarter-end snapshot, not a trade date.