Black Stone Minerals LP (BSM) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.655 Hello, everyone. Thank you for joining us and welcome to the Blackstone Minerals second 00:00:04.655 -- 00:00:09.720 quarter 2026 earnings conference call. After today's prepared remarks, 00:00:09.720 -- 00:00:12.122 we will host a question and answer session. 00:00:12.122 -- 00:00:17.226 If you would like to ask a question, please press star one to raise your hand. 00:00:17.226 -- 00:00:21.070 To withdraw your question, press star one again. 00:00:21.070 -- 00:00:25.714 I will now hand the conference over to Natalie Liddell, Vice President, Corporate Planning. 00:00:25.714 -- 00:00:27.892 Natalie, please go ahead. 00:00:27.892 -- 00:00:32.556 Good morning. Thank you for joining us either by phone or online for Blackstone Minerals' 00:00:32.556 -- 00:00:36.220 second quarter 2026 earnings conference call. 00:00:36.220 -- 00:00:40.684 Today's call is being recorded and will be available on our website along with the earnings 00:00:40.684 -- 00:00:45.208 release which was issued last night. Before we start, I'd like to advise you that we 00:00:45.208 -- 00:00:49.291 will be making forward-looking statements during this call about our plans, expectations, 00:00:49.291 -- 00:00:53.339 and assumptions Thank you for joining us today. 00:01:12.643 -- 00:01:17.244 We may refer to certain non-GAAP financial measures that we believe are useful in evaluating 00:01:17.244 -- 00:01:21.885 our performance. Reconciliation of these measures to the most directly comparable GAAP 00:01:21.885 -- 00:01:25.886 measure and other information about these non-GAAP metrics are described in our earnings 00:01:25.886 -- 00:01:31.267 press release from yesterday, which can be found on our website at www.blackstoneminerals.com. 00:01:33.148 -- 00:01:38.370 Join...