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Thomas L. Carter, Jr. net worth and biography

Thomas Carter, Jr. Biography and Net Worth

CEO of Black Stone Minerals

Mr. Carter has served as Chairman and Chief Executive Officer of the General Partner since November 2014. Mr. Carter served as President of the General Partner from November 2014 to June 2018 and returned to the position in February 2023. Mr. Carter founded BSMC, our predecessor, and served as President, Chief Executive Officer, and Chairman of Black Stone Natural Resources, L.L.C. (“BSNR”), the former general partner of BSMC, from 1998 to 2015. Mr. Carter served as Managing General Partner of W.T. Carter & Bro. from 1987 to 1992 and Black Stone Energy Company from 1980 to present, both of which preceded the General Partner. Mr. Carter founded Black Stone Energy Company, BSMC’s operating and exploration subsidiary, in 1980. From 1978 to 1980, Mr. Carter served as a lending officer in the Energy Department of Texas Commerce Bank in Houston, Texas, after serving in various other roles from 1975. Mr. Carter received M.B.A. and B.B.A. degrees from the University of Texas at Austin. Mr. Carter served as a director of Carrizo Oil & Gas Inc. from 2005 to 2019. Mr. Carter currently serves on the University Lands Advisory Board and as a Trustee Emeritus of The Lawrenceville School.

Mr. Carter’s extensive industry and executive management experience and his background in finance qualify him to serve on the Board of the General Partner.

What is Thomas L. Carter, Jr.'s net worth?: The estimated net worth of Thomas L. Carter, Jr. is at least $43.86 million as of September 6th, 2024. Mr. Carter, Jr. owns 3,133,128 shares of Black Stone Minerals stock worth more than $43,863,792 as of December 21st. This net worth estimate does not reflect any other investments that Mr. Carter, Jr. may own. Learn More about Thomas L. Carter, Jr.'s net worth.
How do I contact Thomas L. Carter, Jr.?: The corporate mailing address for Mr. Carter, Jr. and other Black Stone Minerals executives is 1001 FANNIN STREET SUITE 2020, HOUSTON TX, 77002. Black Stone Minerals can also be reached via phone at (713) 445-3200 and via email at [email protected]. Learn More on Thomas L. Carter, Jr.'s contact information.
Has Thomas L. Carter, Jr. been buying or selling shares of Black Stone Minerals?: Thomas L. Carter, Jr. has not been actively trading shares of Black Stone Minerals during the past quarter. Most recently, on Friday, September 6th, Thomas L. Carter, Jr. bought 100,000 shares of Black Stone Minerals stock. The stock was acquired at an average cost of $14.12 per share, with a total value of $1,412,000.00. Following the completion of the transaction, the chief executive officer now directly owns 3,133,128 shares of the company's stock, valued at $44,239,767.36. Learn More on Thomas L. Carter, Jr.'s trading history.
Who are Black Stone Minerals' active insiders?: Black Stone Minerals' insider roster includes Thomas Carter, Jr. (CEO), Carrie Clark (SVP, Chief Commercial Officer), Mark DeWalch (Director), Luke Putman (SVP), Dawn Smajstrla (CAO), and Jeffrey Wood (CFO). Learn More on Black Stone Minerals' active insiders.
Are insiders buying or selling shares of Black Stone Minerals?: In the last year, Black Stone Minerals insiders bought shares 3 times. They purchased a total of 137,450 shares worth more than $1,962,281.50. In the last year, insiders at the oil and gas producer sold shares 1 times. They sold a total of 18,532 shares worth more than $275,014.88. The most recent insider tranaction occured on September, 6th when CEO Thomas L Carter Jr bought 100,000 shares worth more than $1,412,000.00. Insiders at Black Stone Minerals own 18.6% of the company. Learn More about insider trades at Black Stone Minerals.
Information on this page was last updated on 9/6/2024.

Thomas L. Carter, Jr. Insider Trading History at Black Stone Minerals

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/6/2024	Buy	100,000	$14.12	$1,412,000.00	3,133,128
12/7/2023	Buy	29,000	$15.99	$463,710.00	2,790,368
11/8/2023	Buy	9,000	$17.11	$153,990.00	2,761,368
11/6/2023	Buy	25,000	$18.21	$455,250.00	2,727,791
11/2/2023	Buy	25,000	$18.27	$456,750.00	2,677,791
5/5/2023	Buy	31,800	$15.53	$493,854.00	2,652,791
2/27/2023	Buy	30,000	$15.58	$467,400.00	2,620,991
2/24/2023	Buy	32,500	$15.32	$497,900.00	2,590,991
12/6/2022	Buy	25,000	$17.31	$432,750.00	2,372,643
11/3/2022	Buy	25,000	$19.26	$481,500.00	2,322,643
9/14/2022	Buy	25,000	$16.39	$409,750.00	2,273,012
9/12/2022	Buy	25,000	$16.27	$406,750.00	2,223,012
8/4/2022	Buy	20,000	$14.90	$298,000.00	2,168,012
12/6/2018	Buy	15,300	$16.24	$248,472.00	842,865
3/1/2018	Buy	14,240	$17.26	$245,782.40	972,182
6/9/2017	Buy	7,750	$15.86	$122,915.00	1,124,273
5/12/2017	Buy	17,600	$16.95	$298,320.00	1,110,923
3/3/2017	Buy	14,000	$17.51	$245,140.00	945,251
11/28/2016	Buy	13,000	$18.93	$246,090.00	515,506
11/17/2016	Buy	3,000	$18.21	$54,630.00	502,506
11/16/2016	Buy	14,000	$17.94	$251,160.00	491,506
11/15/2016	Buy	6,000	$17.89	$107,340.00	491,506
11/14/2016	Buy	10,800	$17.83	$192,564.00	480,106
11/20/2015	Buy	2,100	$14.37	$30,177.00	239,111
11/18/2015	Buy	15,719	$14.14	$222,266.66	239,111
11/16/2015	Buy	55,981	$14.06	$787,092.86	239,111
8/19/2015	Buy	17,000	$14.61	$248,370.00
5/6/2015	Buy	12,500	$19.00	$237,500.00

Thomas L. Carter, Jr. Buying and Selling Activity at Black Stone Minerals

Black Stone Minerals Company Overview

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.

Today's Range

Now: $14.00

$13.89

$14.07

50 Day Range

MA: $14.93

$13.86

$15.57

2 Week Range

Now: $14.00

$13.78

$16.92

Volume

807,829 shs

Average Volume

464,746 shs

Market Capitalization

$2.95 billion

P/E Ratio

8.64

Dividend Yield

10.58%

Beta

0.96