BSM - Earnings announcements

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Partnership") today announces its financial and operating results for the first quarter of 2026. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2026 equaled 35.9 MBoe/d, an increase of 16% from the prior quarter; total production, including working-interest volumes, was 37.0 MBoe/d for the quarter. Net income for the first quarter was $13.3 million, and Adjusted EBITDA for the quarter totaled $87.0 million. Distributable cash flow was $76.5 million for the first quarter. Black Stone announced a distribution of $0.30 per unit with respect to the fi

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the first quarter of 2026. Additionally, the Partnership announced the date of its first quarter 2026 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.30 per common unit attributable to the first quarter of 2026, consistent with the prior quarter. Distributions will be payable on May 15, 2026, to unitholders of record on May 8, 2026. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the first quarter 2026 after the close of trading on M

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Partnership") today announces its financial and operating results for the fourth quarter and full year of 2025 and provides guidance for 2026. Fourth Quarter 2025 Highlights Mineral and royalty production for the fourth quarter of 2025 equaled 30.9 MBoe/d; total production, including working interest volumes, was 32.1 MBoe/d for the quarter Net income for the quarter was $72.2 million. Adjusted EBITDA for the quarter totaled $76.7 million Distributable Cash Flow was $66.8 million for the fourth quarter Black Stone announced a distribution of $0.30 per common unit with respect to the fourth qu

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the fourth quarter of 2025. Additionally, the Partnership announced the date of its fourth quarter and full-year 2025 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.30 per common unit attributable to the fourth quarter of 2025, consistent with the prior quarter. Distributions will be payable on February 25, 2026, to unitholders of record on February 18, 2026. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the fourth quarter and ful

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today announces its financial and operating results for the third quarter of 2025. Financial and Operational Highlights Mineral and royalty production for the third quarter of 2025 equaled 34.7 MBoe/d, an increase of 5% from the prior quarter; total production, including working-interest volumes, was 36.3 MBoe/d for the quarter. Net income for the third quarter was $91.7 million, and Adjusted EBITDA for the quarter totaled $86.3 million. Distributable cash flow was $76.8 million for the third quarter. Black Stone announced a distribution of $0.30 per unit with respect to the third quarter of 202

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the third quarter of 2025. Additionally, the Partnership announced the date of its third quarter 2025 earnings call. Common Distribution The Board of Directors of the Partnership's general partner has approved a cash distribution of $0.30 per common unit attributable to the third quarter of 2025, consistent with the prior quarter. Distributions will be payable on November 13, 2025, to unitholders of record on November 6, 2025. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the third quarter 2025 after t

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") will host a conference call and webcast presentation for investors and analysts to discuss its current strategic initiatives and outlook on Wednesday, September 17, 2025 at 9:00 a.m. Central Time. Black Stone recommends participants who do not anticipate asking questions to listen to the call via the live broadcast available at http://investor.blackstoneminerals.com. Analysts and investors who wish to ask questions should dial (800) 715-9871 for domestic participants and (646) 307-1963 for international participants, the conference ID for the call is 1314415. Call participants are advised to call in 10 minu

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today announces its financial and operating results for the second quarter of 2025 and updated 2025 guidance. Financial and Operational Highlights Mineral and royalty production for the second quarter of 2025 equaled 33.2 MBoe/d, a decrease of 3% from the prior quarter; total production, including working-interest volumes, was 34.6 MBoe/d for the quarter. Net income for the second quarter was $120.0 million, and Adjusted EBITDA for the quarter totaled $84.2 million. Distributable cash flow was $74.8 million for the second quarter. Black Stone announced a distribution of $0.30 per unit with respe

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the second quarter of 2025. Additionally, the Partnership announced the date of its second quarter 2025 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.30 per common unit attributable to the second quarter of 2025. Distributions will be payable on August 14, 2025, to unitholders of record on August 7, 2025. The distribution reduction primarily results from a slower than expected increase in natural gas production, particularly in the Haynesville/Bossier play. The Partnership remains fo

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM", or "the Partnership") today reports its financial and operating results for the first quarter of 2025. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2025 was 34.2 MBoe/d; total production, including working-interest volumes, was 35.5 MBoe/d for the quarter. Net income for the first quarter was $15.9 million, and Adjusted EBITDA for the quarter totaled $82.2 million. Distributable cash flow was $73.7 million for the first quarter. Black Stone announced a distribution of $0.375 per unit with respect to the first quarter of 2025. Distribution coverage for all units was approxima

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Partnership") today declared the distribution attributable to the first quarter of 2025. Additionally, the Partnership announced the date of its first quarter 2025 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the first quarter of 2025, consistent with the prior quarter. Distributions will be payable on May 15, 2025, to unitholders of record on May 8, 2025. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the first quarter of 2025 after the close of trading on M

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the fourth quarter and full year of 2024 and provides guidance for 2025. Fourth Quarter 2024 Highlights Mineral and royalty production for the fourth quarter of 2024 equaled 34.8 MBoe/d; total production, including working interest volumes, was 36.1 MBoe/d for the quarter Net income for the quarter was $46.3 million. Adjusted EBITDA for the quarter totaled $90.1 million Distributable cash flow was $81.9 million for the fourth quarter Black Stone announced a distribution of $0.375 per common unit with respect to the fourth quart

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company," or "the Partnership") today declared the distribution attributable to the fourth quarter of 2024. Additionally, the Partnership announced the date of its fourth quarter and full-year 2024 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the fourth quarter of 2024, consistent with the prior quarter. Distributions will be payable on February 25, 2025, to unitholders of record on February 18, 2025. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the fourth

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the third quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the third quarter of 2024 equaled 35.3 MBoe/d; total production, including working-interest volumes, was 37.4 MBoe/d for the quarter. Net income for the third quarter was $92.7 million, and Adjusted EBITDA for the quarter totaled $86.4 million. Distributable cash flow was $78.6 million for the third quarter. Black Stone announced a distribution of $0.375 per unit with respect to the third quarter of 2024. Distribution coverage for all

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company," or "the Partnership") today declared the distribution attributable to the third quarter of 2024 and announced the date of its third-quarter earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution of $0.375 per common unit attributable to the third quarter of 2024, consistent with the prior quarter. Distributions will be payable on November 15, 2024, to unitholders of record on November 8, 2024. Earnings Conference Call The Partnership is scheduled to release details regarding its results for the third quarter after the close of trading on November 4, 2024

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the second quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the second quarter of 2024 equaled 38.2 MBoe/d; total production, including working-interest volumes, was 40.4 MBoe/d for the quarter. Net income for the second quarter was $68.3 million, and Adjusted EBITDA for the quarter totaled $100.2 million. Distributable cash flow was $92.5 million for the second quarter. Black Stone announced a distribution of $0.375 per unit with respect to the second quarter of 2024. Distribution covera

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company", or "the Partnership") today declared the distribution attributable to the second quarter of 2024. Additionally, the Partnership announced the date of its second quarter 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 2024 of $0.375 per unit. The $0.375 per unit maintains the distribution level with the first quarter of 2024. Distributions will be payable on August 16, 2024 to unitholders of record on August 9, 2024. Earnings Conference Call The Partnership is scheduled to release details r

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the first quarter of 2024. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2024 equaled 38.1 MBoe/d, a decrease of 2% from the prior quarter; total production, including working-interest volumes, was 40.3 MBoe/d for the quarter. Net income for the first quarter was $63.9 million, and Adjusted EBITDA for the quarter totaled $104.1 million. Distributable cash flow was $96.4 million for the first quarter. Black Stone announced a distribution of $0.375 per unit with respect to the first

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company", or "the Partnership") today declared the distribution attributable to the first quarter of 2024. Additionally, the Partnership announced the date of its first quarter 2024 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the first quarter of 2024 of $0.375 per unit. Distributions will be payable on May 17, 2024 to unitholders of record on May 10, 2024. The distribution reduction primarily results from continuing pressure on natural gas prices, which the Company expects to lead to production curtailments and delays

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the fourth quarter and full year of 2023 and provides guidance for 2024. Fourth Quarter 2023 Highlights Mineral and royalty production for the fourth quarter of 2023 equaled 38.9 MBoe/d, a decrease of 3% over the prior quarter; total production, including working interest volumes, was 41.1 MBoe/d for the quarter Net income for the quarter was $147.6 million. Adjusted EBITDA for the quarter totaled $125.5 million Distributable cash flow was $119.1 million for the fourth quarter, which represents a 4% decrease relative to the third

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company," or "the Partnership") today declared the distribution attributable to the fourth quarter of 2023. Additionally, the Partnership announced the date of its fourth quarter and full-year 2023 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the fourth quarter of 2023 of $0.475 per unit. The $0.475 per unit maintains the distribution level with the third quarter of 2023. Distributions will be payable on February 23, 2024 to unitholders of record on February 16, 2024. Earnings Conference Call The Partnership is schedu

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the third quarter of 2023. Financial and Operational Highlights Mineral and royalty production for the third quarter of 2023 equaled 40.3 MBoe/d, an increase of 20% over the prior quarter; total production, including working-interest volumes, was 42.6 MBoe/d for the quarter. Net income for the third quarter was $62.1 million. Adjusted EBITDA for the quarter totaled $130.0 million. Distributable cash flow was $124.4 million for the third quarter, making the sixth consecutive quarter above $100 million. Black Stone announced a di

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company", or "the Partnership") today declared the distribution attributable to the third quarter of 2023. Additionally, the Partnership announced the date of its third quarter 2023 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the third quarter of 2023 of $0.475 per unit. The $0.475 per unit maintains the distribution level with the second quarter of 2023. Distributions will be payable on November 16, 2023 to unitholders of record on November 9, 2023. Earnings Conference Call The Partnership is scheduled to release de

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the second quarter of 2023. Financial and Operational Highlights Mineral and royalty production for the second quarter of 2023 equaled 33.6 MBoe/d, a decrease of 9% over the prior quarter; total production, including working-interest volumes, was 36.2 MBoe/d for the quarter. Net income for the second quarter was $78.4 million. Adjusted EBITDA for the quarter totaled $109.2 million. Distributable cash flow was $103.6 million for the second quarter and the fifth consecutive quarter above $100 million. Black Stone announced a dist

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," "the Company", or "the Partnership") today declared the distribution attributable to the second quarter of 2023. Additionally, the Partnership announced the date of its second quarter 2023 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 2023 of $0.475 per unit. The $0.475 per unit maintains the distribution level with the first quarter of 2023 and represents an increase of 13% over the common distribution paid with respect to the second quarter of 2022. Distributions will be payable on August 18, 2023 to uni

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the first quarter of 2023. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2023 equaled 36.8 MBoe/d, a decrease of 8% over the prior quarter; total production, including working interest volumes, was 39.3 MBoe/d for the quarter. Net income for the first quarter was $134.4 million. Adjusted EBITDA for the quarter totaled $109.9 million, a decrease of 17% over the prior quarter. Distributable cash flow was $104.1 million for the first quarter, a decrease of 17% relative to the fourth quar

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the first quarter of 2023. Additionally, the Partnership announced the date of its first quarter 2023 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the first quarter of 2023 of $0.475 per unit. The $0.475 per unit maintains the distribution level with the fourth quarter of 2022 and represents an increase of 19% over the common distribution paid with respect to the first quarter of 2022. Distributions will be payable on May 19, 2023 to unitholders of record on May

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the fourth quarter and full year of 2022 and provides guidance for 2023. Fourth Quarter 2022 Highlights Mineral and royalty production for the fourth quarter of 2022 equaled 40.0 MBoe/d, an increase of 7% over the prior quarter and the highest mineral and royalty production ever reported by the Company; total production, including working interest volumes, was 42.1 MBoe/d for the quarter Net income for the quarter was $183.2 million. Adjusted EBITDA for the quarter totaled a record $131.7 million Distributable cash flow was $125.3 mil

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the fourth quarter of 2022. Additionally, the Partnership announced the date of its fourth quarter and full-year 2022 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the third quarter of 2022 of $0.475 per unit. This is the fifth consecutive quarterly increase. The $0.475 per unit represents an increase of 5% over the common distribution paid with respect to the prior quarter and an increase of 76% over the common distribution paid with respect to the fourth quarter

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the third quarter of 2022. Financial and Operational Highlights Mineral and royalty production for the third quarter of 2022 equaled 37.3 MBoe/d, an increase of 23% over the prior quarter; total production, including working interest volumes, was 40.0 MBoe/d for the quarter. Net income for the third quarter was $168.5 million. Adjusted EBITDA for the quarter totaled $123.1 million, an increase of 9% over the prior quarter and the highest level recorded by Black Stone as a public company. Distributable cash flow was $116.5 million for

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the third quarter of 2022. Additionally, the Partnership announced the date of its third 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 third quarter of 2022 of $0.45 per unit. This is the fourth consecutive quarterly increase. The $0.45 per unit represents an increase of 7% over the common distribution paid with respect to the prior quarter and an increase of 80% over the common distribution paid with respect to the third quarter of 2021. Distribut

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the second quarter of 2022 and updated earnings call information. Financial and Operational Highlights Mineral and royalty production for the second quarter of 2022 equaled 30.3 MBoe/d, an increase of 2% over the prior quarter; total production, including working interest volumes, was 33.5 MBoe/d for the quarter. Net income for the second quarter was $131.8 million. Adjusted EBITDA for the quarter totaled $112.8 million, an increase of 14% over the prior quarter and the highest level recorded by Black Stone as a public company. Distri

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the second quarter of 2022. Additionally, 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 an increase of 5% over the common distribution paid with respect to the prior quarter and an increase of 68% over the common distribution paid with respect to the second quarter of 2021. Distributions will be payable on August 19, 2022 to unitholders of rec

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the first quarter of 2022. Financial and Operational Highlights Mineral and royalty production for the first quarter of 2022 equaled 29.6 MBoe/d, a decrease of 16% over the prior quarter, driven in part by the timing of new wells turned to sales in the Shelby Trough Haynesville/Bossier; total production, including working interest volumes, was 32.9 MBoe/d for the quarter. Adjusted EBITDA for the quarter totaled $98.8 million, an increase of 27% over the prior quarter. Net loss for the first quarter was $7.0 million. Distributable cash

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the first quarter of 2022. Additionally, the Partnership announced the date of its first 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 first quarter of 2022 of $0.40 per unit. This represents an increase of approximately 48% over the common distribution paid with respect to the prior quarter. Distributions will be payable on May 20, 2022 to unitholders of record on May 13, 2022. Thomas L. Carter, Jr., Black Stone Minerals' Chief Executive Officer

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the fourth quarter and full year of 2021 and provides guidance for 2022. Fourth Quarter 2021 Highlights Mineral and royalty production for the fourth quarter of 2021 equaled 35.2 MBoe/d, an increase of 7% over the prior quarter; total production, including working interest volumes, was 39.1 MBoe/d for the quarter Net income and Adjusted EBITDA for the quarter were $134.2 million and $77.6 million, respectively Distributable cash flow was $71.3 million for the fourth quarter, resulting in distribution coverage for all units of 1.3x bas

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the fourth quarter of 2021. Additionally, the Partnership announced the date of its fourth quarter and full-year 2021 earnings call. Common Distribution The Board of Directors of the general partner has approved a cash distribution for common units attributable to the fourth quarter of 2021 of $0.270 per unit. This represents an increase of approximately 8% over the common distribution paid with respect to the prior quarter and a 54% increase relative to the distribution paid with respect to the fourth quarter of 2020. Distributions will be payable on February 23,

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the third quarter of 2021. Financial and Operational Highlights Mineral and royalty production for the third quarter of 2021 equaled 33.0 MBoe/d, an increase of 2% over the prior quarter; total production, including working interest volumes, was 38.0 MBoe/d for the quarter. Net income and Adjusted EBITDA for the quarter totaled $16.2 million and $76.5 million, respectively. Distributable cash flow was $70.2 million for the third quarter, a decrease of 3% relative to the second quarter of 2021. Announced a distribution of $0.25 per u

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the third quarter of 2021. Common Distribution The Board of Directors of the general partner (the "Board") has approved a cash distribution for common units attributable to the third quarter of 2021 of $0.25 per unit. This distribution level is equal to the combined base distribution plus special distribution paid with respect to the second quarter of 2021, and is 25% greater than the Company's previously communicated expectations for the third quarter 2021 distribution. Distributions will be payable on November 19, 2021 to unitholders of record on November 12, 2

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") expects to declare the distribution attributable to the third quarter of 2021 after the close of trading on October 27, 2021. The Company is scheduled to release details regarding its results for the third quarter of 2021 after the close of trading on November 1, 2021. A conference call to discuss these results is scheduled for November 2, 2021 at 9:00 a.m. Central time (10:00 a.m. Eastern time). 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 i

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the second quarter of 2021. Financial and Operational Highlights Mineral and royalty production for the second quarter of 2021 equaled 32.5 MBoe/d, an increase of 5% over the prior quarter; total production, including working interest volumes, was 38.2 MBoe/d for the quarter. Net income and Adjusted EBITDA for the quarter totaled $15.4 million and $78.4 million, respectively. Distributable cash flow was $72.1 million for the second quarter, an increase of 34% over the first quarter of 2021. Announced a distribution of $0.25 per unit

Black Stone Minerals, L.P. (NYSE:BSM) ("Black Stone," "BSM," or "the Company") today declared the distribution attributable to the second quarter of 2021. Additionally, the Company announced a new sustainability initiative and the date of its second quarter 2021 earnings call. Common Distribution The Board of Directors of the general partner (the "Board") has approved a cash distribution for common units attributable to the second quarter of 2021 of $0.25 per unit. This represents an increase of approximately 43% over the common distribution paid with respect to the prior quarter. In determining the distribution level with respect to the second quarter, the Board considered a base distrib