Company: BSM
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001628280-25-007730
Chunk: 236

Company: Black Stone Minerals, L.P.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 236
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 of asset retirement obligations(861)(236)(551)NET CASH PROVIDED BY OPERATING ACTIVITIES389,043 521,251 424,983 CASH FLOWS FROM INVESTING ACTIVITIES   Acquisitions of oil and natural gas properties(109,393)(14,605)(149)Additions to oil and natural gas properties(790)(4,213)(11,894)Additions to oil and natural gas properties leasehold costs(3,423)(545)(32)Purchases of other property and equipment(1,425)(450)(488)Proceeds from the sale of oil and natural gas properties2,795 73 17 Proceeds from farmouts of oil and natural gas properties— — 11,331 NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES(112,236)(19,740)(1,215)CASH FLOWS FROM FINANCING ACTIVITIES   Distributions to common unitholders(336,931)(398,824)(322,403)Distributions to Series B cumulative convertible preferred unitholders(28,126)(21,000)(21,000)Repurchases of common units(4,449)(5,496)(2,991)Borrowings under credit facility97,000 64,000 339,000 Repayments under credit facility(72,000)(74,000)(418,000)Debt issuance costs and other(64)(216)(2,943)NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES(344,570)(435,536)(428,337)NET CHANGE IN CASH AND CASH EQUIVALENTS(67,763)65,975 (4,569)Cash and cash equivalents — beginning of the year70,282 4,307 8,876 Cash and cash equivalents — end of the year$2,519 $70,282 $4,307 SUPPLEMENTAL DISCLOSURE   Interest paid$1,961 $1,736 $4,332 

 The accompanying notes to consolidated financial statements are an integral part of these financial statements.

F-8