Black Stone Minerals
NYSE: BSMHouston, US · Founded 2014 · Delaware limited partnership
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Black Stone Minerals is an owner of oil and natural gas mineral and royalty interests, holding a mineral acreage position of over 20 million acres across more than 40 U.S. states and 60 productive basins. The company evaluates acquisition targets and promotes prospects to industry operators to attract development capital onto its acreage.
Founders & leadership
Black Stone Minerals was founded in 2014 by Thomas L. Carter, Jr..





Reported raises · per SEC filings
Form D private placements$59.1M disclosed across 4 rounds · 2017–2024
▶$3.8MraisedMar 2025 · 5 investors · Oil and GasRule 506(b)
- CHRIS R. BONNERExecutive Officer
- THOMAS L. CARTERExecutive Officer, Director
- FOWLER T. CARTERExecutive Officer
- D. MARK DEWALCHDirector
- WILLIAM E. RANDALLDirector
- WILLIAM N. MATHISDirector
- CARRIE P. CLARKExecutive Officer
- H. TAYLOR DEWALCHExecutive Officer
- A.J. LONGMAIDDirector
- CARIN M. BARTHDirector
- ALEXANDER D. STUARTDirector
- MICHAEL C. LINNDirector
- L. STEVE PUTMANExecutive Officer
- JERRY V. KYLE, JR.Director
- JAMES W. WHITEHEADDirector
- Offering amount
- $3.8M
- Amount sold
- $3.8M
- Sales commissions
- $88.3K
- Placement agents
- MICHAEL R. ELENDER C/O TANGENT LAND, LLC
- First sale
- Nov 2024
- Incorporated
- Limited Partnership, Delaware
- Federal exemptions
- 06b
▶$130KraisedOct 2018 · 1 investors · Other EnergyRule 506(b)
- Ricky J. HaeflingerDirector
- Jeffrey P. WoodExecutive Officer
- Thomas L. Carter, Jr.Executive Officer, Director
- William N. MathisDirector
- William G. BardelDirector
- John H. LongmaidDirector
- Steve PutmanExecutive Officer
- Jerry V. Kyle, Jr.Director
- Brock MorrisExecutive Officer
- William E. RandallDirector
- Dawn K. SmajstrlaExecutive Officer
- Carin M. BarthDirector
- D. Mark DeWalchDirector
- Michael C. LinnDirector
- Holbrook F. DornExecutive Officer
- Alexander D. StuartDirector
- Allison K. ThackerDirector
- Offering amount
- $130K
- Amount sold
- $130K
- First sale
- Oct 2018
- Incorporated
- Limited Partnership, Delaware, 2014
- Federal exemptions
- 06b
▶$54.7MraisedAug 2017 · 62 investors · Other EnergyRule 506(c)
- Thomas L. Carter, Jr.Executive Officer, Director
- Jerry V. Kyle, Jr.Director
- William N. MathisDirector
- Alexander D. StuartDirector
- Michael C. LinnDirector
- Carin M. BarthDirector
- Jeffrey P. WoodExecutive Officer
- Dawn K. SmajstrlaExecutive Officer
- Steve PutmanExecutive Officer
- John H. LongmaidDirector
- D. Mark DeWalchDirector
- William G. BardelDirector
- Brock MorrisExecutive Officer
- William E. RandallDirector
- Ricky J. HaeflingerDirector
- Holbrook F. DornExecutive Officer
- Allison K. ThackerDirector
- Offering amount
- $54.7M
- Amount sold
- $54.7M
- First sale
- Jun 2017
- Incorporated
- Limited Partnership, Delaware, 2014
- Federal exemptions
- 06c
▶$500KraisedAug 2017 · 2 investors · Other EnergyRule 506(c)
- Brock MorrisExecutive Officer
- Alexander D. StuartDirector
- Jeffrey P. WoodExecutive Officer
- Dawn K. SmajstrlaExecutive Officer
- Carin M. BarthDirector
- Holbrook F. DornExecutive Officer
- William G. BardelDirector
- William N. MathisDirector
- Michael C. LinnDirector
- Steve PutmanExecutive Officer
- Ricky J. HaeflingerDirector
- Allison K. ThackerDirector
- D. Mark DeWalchDirector
- Jerry V. Kyle, Jr.Director
- William E. RandallDirector
- Thomas L. Carter, Jr.Executive Officer, Director
- John H. LongmaidDirector
- Offering amount
- $3.5M
- Amount sold
- $500K
- First sale
- Aug 2017
- Incorporated
- Limited Partnership, Delaware, 2014
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Are Options Traders Betting on a Big Move in Black Stone Minerals Stock? — TradingView Newstradingview.com · Aug 2026Frequently asked questions
- What does Black Stone Minerals do?
- Black Stone Minerals is an owner of oil and natural gas mineral and royalty interests, holding a mineral acreage position of over 20 million acres across more than 40 U.S. states and 60 productive basins. The company evaluates acquisition targets and promotes prospects to industry operators to attract development capital onto its acreage.
- Who founded Black Stone Minerals?
- Black Stone Minerals was founded by Thomas L. Carter, Jr. in 2014.
- How much funding has Black Stone Minerals raised?
- Black Stone Minerals has disclosed $59.1M raised across 4 rounds.
- Where is Black Stone Minerals headquartered?
- Black Stone Minerals is headquartered in Houston, US.




