KeyCorp Lowers Earnings Forecast for Black Stone Minerals

Analysts cite weaker Q2 2026 earnings expectations for the oil and gas producer

Apr. 3, 2026 at 11:23am

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An extreme close-up of industrial oil and gas equipment, with a focus on the heavy, textured metal components and intricate mechanisms, conveying a sense of the financial and operational complexities facing energy companies.The revised earnings forecast for Black Stone Minerals reflects the complex financial machinery underlying the energy industry.Houston Today

KeyCorp analysts have decreased their Q2 2026 earnings per share estimates for Black Stone Minerals, L.P. (NYSE:BSM), an oil and gas producer. KeyCorp analyst T. Rezvan now expects Black Stone Minerals to post earnings of $0.19 per share for the quarter, down from the previous forecast of $0.28.

Why it matters

Black Stone Minerals is a major player in the oil and gas industry, and its earnings performance is closely watched by investors. The revised forecast from KeyCorp suggests potential challenges ahead for the company, which could impact its stock price and investor sentiment.

The details

KeyCorp analyst T. Rezvan lowered the Q2 2026 earnings per share estimate for Black Stone Minerals from $0.28 to $0.19. The consensus estimate for Black Stone Minerals' current full-year earnings is $1.36 per share. KeyCorp also issued estimates for Black Stone Minerals' Q3 2026 earnings at $0.21 EPS.

  • KeyCorp issued the revised earnings forecast on Wednesday, April 1st, 2026.

The players

KeyCorp

A major financial services company that provides banking, investment, and other financial services.

T. Rezvan

A KeyCorp analyst who covers Black Stone Minerals.

Black Stone Minerals, L.P.

An oil and gas producer that acquires and manages mineral interests across the United States.

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What they’re saying

“KeyCorp analyst T. Rezvan now expects that the oil and gas producer will post earnings of $0.19 per share for the quarter, down from their prior forecast of $0.28.”

— T. Rezvan, Analyst

What’s next

Investors will be closely watching Black Stone Minerals' upcoming earnings reports to see if the company can meet or exceed the revised forecasts from KeyCorp.

The takeaway

The lowered earnings forecast from KeyCorp for Black Stone Minerals suggests potential challenges ahead for the oil and gas producer, which could impact its stock performance and investor sentiment in the coming quarters.