BSM
Black Stone Minerals, L.P.
Price Chart
Latest Quote
$14.01
+0.20 (+1.45%)
Current Price
| Previous Close | $13.81 |
| Open | $13.71 |
| Day High | $14.04 |
| Day Low | $13.61 |
| Volume | 318,654 |
Stock Information
| Quarterly Dividend / Yield | $1.20 / 8.73% |
| Shares Outstanding | 212.50M |
| Quarterly Dividend Yield | 8.73% |
| Quarterly Dividend | $1.20 |
| Total Debt | $187.00M |
| Cash Equivalents | $11.61M |
| Revenue | $410.17M |
| Net Income | $267.79M |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Market Cap | $2.98B |
| P/E Ratio | 11.03 |
| EPS (TTM) | $1.27 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $3.40B |
| Sales | $410.17M |
| Income | $267.79M |
| Book/sh | $3.64 |
| Cash/sh | $0.05 |
Financial Ratios
| Quick Ratio | 2.12 |
| Current Ratio | 2.33 |
| Debt/Eq | 17.42 |
| EPS Growth TTM | -16.80% |
Returns & Margins
| ROA | 14.93% |
| ROE | 27.80% |
| Gross Margin | 88.32% |
| Operating Margin | 14.16% |
| Profit Margin | 72.47% |
Ownership
| Insider Ownership | 20.82% |
| Institutional Ownership | 18.65% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 12.29 |
| PEG | 1.70 |
| P/S | 7.26 |
| P/B | 3.85 |
Analyst Data
| Recommendation | hold |
| Target Price | $16.00 |
Technical Indicators
| SMA20 | $13.74 |
| SMA50 | $13.71 |
| SMA200 | $13.46 |
| RSI | 63.16 |
| ATR | 0.2689 |
| Shares Float | 157.17M |
| Short Float | 2.31% |
| Short Ratio | 9.88 |
| Volatility | 0.02 |
| Rel Volume | 0.89 |
Performance History
| Week | +1.37% |
| Month | -1.06% |
| Quarter | -6.70% |
| 6 Months | +8.29% |
| YTD | +8.21% |
| Year | +14.56% |
| 3 Years | +18.69% |
| 5 Years | +121.76% |
| 10 Years | +125.14% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $14.01 | 318,654 |
| 2026-06-17 | $13.81 | 203,900 |
| 2026-06-16 | $13.74 | 233,300 |
| 2026-06-15 | $13.63 | 374,300 |
| 2026-06-12 | $13.97 | 271,700 |
| 2026-06-11 | $13.82 | 266,600 |
| 2026-06-10 | $13.80 | 365,200 |
| 2026-06-09 | $13.70 | 649,300 |
| 2026-06-08 | $13.85 | 472,400 |
| 2026-06-05 | $13.89 | 435,900 |
| 2026-06-04 | $13.88 | 241,100 |
| 2026-06-03 | $13.92 | 299,100 |
| 2026-06-02 | $13.60 | 444,500 |
| 2026-06-01 | $13.66 | 346,500 |
| 2026-05-29 | $13.56 | 301,900 |
| 2026-05-28 | $13.31 | 486,200 |
| 2026-05-27 | $13.28 | 618,300 |
| 2026-05-26 | $13.72 | 448,700 |
| 2026-05-22 | $13.82 | 180,800 |
| 2026-05-21 | $13.90 | 237,300 |
| 2026-05-20 | $13.93 | 359,700 |
| 2026-05-19 | $14.16 | 268,300 |
About Black Stone Minerals, L.P.
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.9 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.
đ° Latest News
RBC Capital Highlights Natural Gas Exposure in New Black Stone Minerals (BSM) Coverage
Insider Monkey âĸ 2026-06-17T19:28:32ZNew Strong Sell Stocks for June 17th
Zacks âĸ 2026-06-17T08:06:00Z3 Cash-Producing Stocks Walking a Fine Line
StockStory âĸ 2026-06-10T08:41:28ZMixed or Offshore Upstream E&P Stocks Q1 Teardown: Black Stone Minerals (NYSE:BSM) Vs The Rest
StockStory âĸ 2026-05-29T11:12:38Z1 Stock Under $50 with Solid Fundamentals and 2 We Ignore
StockStory âĸ 2026-05-28T15:50:27ZA Look At Black Stone Minerals (BSM) Valuation As Recent Momentum Cools
Simply Wall St. âĸ 2026-05-26T17:06:55Z3 Growth Stocks We Approach with Caution
StockStory âĸ 2026-05-19T09:56:55Z2 Reasons to Sell BSM and 1 Stock to Buy Instead
StockStory âĸ 2026-05-17T02:20:55ZThe 5 Most Interesting Analyst Questions From Black Stone Mineralsâs Q1 Earnings Call
StockStory âĸ 2026-05-14T04:04:55ZExecutive Chairman Of Black Stone Minerals Makes $909K Buy
Benzinga âĸ 2026-05-13T15:03:00Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $86,052,000 | $104,478,000 | $114,048,000 | $126,417,000 |
| Cost Of Revenue | $86,052,000 | $104,478,000 | $114,048,000 | $126,417,000 |
| Total Revenue | $422,328,000 | $439,429,000 | $501,099,000 | $784,284,000 |
| Operating Revenue | $422,328,000 | $439,429,000 | $501,099,000 | $784,284,000 |
| Expenses | ||||
| Interest Expense | $8,930,000 | $3,109,000 | $2,754,000 | $6,286,000 |
| Total Expenses | $161,523,000 | $160,593,000 | $168,693,000 | $181,123,000 |
| Other Income Expense | $47,820,000 | $-6,067,000 | $91,030,000 | $-120,448,000 |
| Other Non Operating Income Expenses | $229,000 | $-337,000 | $-160,000 | $215,000 |
| Net Non Operating Interest Income Expense | $-8,693,000 | $-1,443,000 | $-887,000 | $-6,233,000 |
| Interest Expense Non Operating | $8,930,000 | $3,109,000 | $2,754,000 | $6,286,000 |
| Operating Expense | $75,471,000 | $56,115,000 | $54,645,000 | $54,706,000 |
| Other Operating Expenses | $20,008,000 | $4,033,000 | $3,190,000 | $1,054,000 |
| General And Administrative Expense | $55,463,000 | $52,082,000 | $51,455,000 | $53,652,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $299,932,000 | $271,326,000 | $422,549,000 | $476,480,000 |
| Net Interest Income | $-8,693,000 | $-1,443,000 | $-887,000 | $-6,233,000 |
| Interest Income | $237,000 | $1,666,000 | $1,867,000 | $53,000 |
| Normalized Income | $262,335,110 | $275,852,700 | $350,508,900 | $571,803,770 |
| Net Income From Continuing And Discontinued Operation | $299,932,000 | $271,326,000 | $422,549,000 | $476,480,000 |
| Total Operating Income As Reported | $308,396,000 | $273,106,000 | $423,596,000 | $482,498,000 |
| Net Income Common Stockholders | $270,466,000 | $241,860,000 | $400,773,000 | $455,480,000 |
| Net Income | $299,932,000 | $271,326,000 | $422,549,000 | $476,480,000 |
| Net Income Including Noncontrolling Interests | $299,932,000 | $271,326,000 | $422,549,000 | $476,480,000 |
| Net Income Continuous Operations | $299,932,000 | $271,326,000 | $422,549,000 | $476,480,000 |
| Pretax Income | $299,932,000 | $271,326,000 | $422,549,000 | $476,480,000 |
| Special Income Charges | $0 | $0 | $73,000 | $17,000 |
| Interest Income Non Operating | $237,000 | $1,666,000 | $1,867,000 | $53,000 |
| Operating Income | $260,805,000 | $278,836,000 | $332,406,000 | $603,161,000 |
| Gross Profit | $336,276,000 | $334,951,000 | $387,051,000 | $657,867,000 |
| Average Dilution Earnings | - | $0 | $21,776,000 | $21,000,000 |
| Per Share | ||||
| Diluted EPS | $1.28 | $1.15 | $1.88 | $2.12 |
| Basic EPS | $1.28 | $1.15 | $1.91 | $2.18 |
| Other | ||||
| Tax Effect Of Unusual Items | $9,994,110 | $-1,203,300 | $19,149,900 | $-25,339,230 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $298,158,000 | $325,361,000 | $379,796,000 | $651,233,000 |
| Total Unusual Items | $47,591,000 | $-5,730,000 | $91,190,000 | $-120,663,000 |
| Total Unusual Items Excluding Goodwill | $47,591,000 | $-5,730,000 | $91,190,000 | $-120,663,000 |
| Reconciled Depreciation | $36,887,000 | $45,196,000 | $45,683,000 | $47,804,000 |
| EBITDA (Bullshit earnings) | $345,749,000 | $319,631,000 | $470,986,000 | $530,570,000 |
| EBIT | $308,862,000 | $274,435,000 | $425,303,000 | $482,766,000 |
| Diluted Average Shares | $211,729,000 | $210,780,000 | $225,105,000 | $224,446,000 |
| Basic Average Shares | $211,667,000 | $210,684,000 | $209,970,000 | $209,382,000 |
| Diluted NI Availto Com Stockholders | $270,466,000 | $241,860,000 | $422,549,000 | $476,480,000 |
| Preferred Stock Dividends | $29,466,000 | $29,466,000 | $21,776,000 | $21,000,000 |
| Gain On Sale Of Ppe | $0 | $0 | $73,000 | $17,000 |
| Gain On Sale Of Security | $47,591,000 | $-5,730,000 | $91,117,000 | $-120,680,000 |
| Selling General And Administration | $55,463,000 | $52,082,000 | $51,455,000 | $53,652,000 |
| Other Gand A | $55,463,000 | $52,082,000 | $51,455,000 | $53,652,000 |
| Impairment Of Capital Assets | - | - | - | $0 |
Fetched: 2026-06-16
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $0 | $0 | $0 | $0 |
| Total Assets | $1,335,554,000 | $1,218,906,000 | $1,266,884,000 | $1,271,082,000 |
| Total Non Current Assets | $1,239,918,000 | $1,140,362,000 | $1,073,757,000 | $1,097,701,000 |
| Other Non Current Assets | $14,784,000 | $6,321,000 | $8,255,000 | $9,454,000 |
| Current Assets | $95,636,000 | $78,544,000 | $193,127,000 | $173,381,000 |
| Other Current Assets | $9,722,000 | $3,108,000 | $2,319,000 | $1,905,000 |
| Hedging Assets Current | $18,864,000 | $1,824,000 | $38,273,000 | $31,472,000 |
| Receivables | $65,572,000 | $71,093,000 | $82,253,000 | $135,697,000 |
| Other Receivables | $62,679,000 | $67,047,000 | $4,693,000 | $6,619,000 |
| Accounts Receivable | $2,893,000 | $4,046,000 | $77,560,000 | $129,078,000 |
| Cash Cash Equivalents And Short Term Investments | $1,478,000 | $2,519,000 | $70,282,000 | $4,307,000 |
| Cash And Cash Equivalents | $1,478,000 | $2,519,000 | $70,282,000 | $4,307,000 |
| Non Current Deferred Assets | - | - | - | - |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $152,522,000 | $22,481,000 | - | $5,693,000 |
| Total Debt | $155,985,000 | $25,713,000 | - | $10,000,000 |
| Long Term Debt And Capital Lease Obligation | $154,000,000 | $25,000,000 | - | $10,000,000 |
| Long Term Debt | $154,000,000 | $25,000,000 | - | $10,000,000 |
| Current Debt And Capital Lease Obligation | $1,985,000 | $713,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $207,098,000 | $89,467,000 | $49,539,000 | $61,270,000 |
| Total Non Current Liabilities Net Minority Interest | $182,475,000 | $59,044,000 | $23,703,000 | $30,536,000 |
| Other Non Current Liabilities | $4,748,000 | $1,943,000 | $2,893,000 | $3,606,000 |
| Derivative Product Liabilities | $0 | $11,581,000 | $81,000 | $16,000 |
| Current Liabilities | $24,623,000 | $30,423,000 | $25,836,000 | $30,734,000 |
| Other Current Liabilities | $2,412,000 | $7,235,000 | $2,563,000 | $4,232,000 |
| Payables And Accrued Expenses | $12,402,000 | $14,119,000 | $15,232,000 | $16,452,000 |
| Payables | $8,852,000 | $12,444,000 | $12,648,000 | $14,204,000 |
| Total Tax Payable | $6,029,000 | $6,498,000 | $6,378,000 | $7,431,000 |
| Accounts Payable | $2,823,000 | $5,946,000 | $6,270,000 | $6,773,000 |
| Equity | ||||
| Common Stock Equity | $1,128,456,000 | $1,129,439,000 | $1,217,345,000 | $1,209,812,000 |
| Total Equity Gross Minority Interest | $1,128,456,000 | $1,129,439,000 | $1,217,345,000 | $1,209,812,000 |
| Stockholders Equity | $0 | $0 | $0 | $0 |
| Other | ||||
| Ordinary Shares Number | $211,873,257 | $210,694,933 | $209,991,223 | $209,407,000 |
| Share Issued | $211,873,257 | $210,694,933 | $209,991,223 | $209,407,000 |
| Tangible Book Value | $1,128,456,000 | $1,129,439,000 | $1,217,345,000 | $1,209,812,000 |
| Invested Capital | $1,282,456,000 | $1,154,439,000 | $1,217,345,000 | $1,219,812,000 |
| Working Capital | $71,013,000 | $48,121,000 | $167,291,000 | $142,647,000 |
| Capital Lease Obligations | $1,985,000 | $713,000 | - | - |
| Total Capitalization | $1,282,456,000 | $1,154,439,000 | $1,217,345,000 | $1,219,812,000 |
| Total Partnership Capital | $1,128,456,000 | $1,129,439,000 | $1,217,345,000 | $1,209,812,000 |
| General Partnership Capital | $0 | $0 | $0 | $0 |
| Limited Partnership Capital | $1,128,456,000 | $1,129,439,000 | $1,217,345,000 | $1,209,812,000 |
| Employee Benefits | $1,011,000 | $1,234,000 | $1,699,000 | $1,884,000 |
| Long Term Provisions | $22,716,000 | $19,286,000 | $19,030,000 | $15,030,000 |
| Current Capital Lease Obligation | $1,985,000 | $713,000 | - | - |
| Pensionand Other Post Retirement Benefit Plans Current | $7,824,000 | $8,356,000 | $8,041,000 | $10,050,000 |
| Current Accrued Expenses | $3,550,000 | $1,675,000 | $2,584,000 | $2,248,000 |
| Net PPE | $1,225,134,000 | $1,134,041,000 | $1,065,502,000 | $1,088,247,000 |
| Accumulated Depreciation | $-1,871,100,000 | $-1,987,971,000 | $-1,976,062,000 | $-1,930,380,000 |
| Gross PPE | $3,096,234,000 | $3,122,012,000 | $3,041,564,000 | $3,018,627,000 |
| Other Properties | $16,894,000 | $16,555,000 | $15,170,000 | $14,720,000 |
| Preferred Shares Number | - | $14,711,219 | $14,711,219 | - |
Fetched: 2026-06-16
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $191,059,000 | $274,012,000 | $501,438,000 | $412,420,000 |
| Operating Activities | ||||
| Operating Cash Flow | $310,167,000 | $389,043,000 | $521,251,000 | $424,983,000 |
| Cash Flow From Continuing Operating Activities | $310,167,000 | $389,043,000 | $521,251,000 | $424,983,000 |
| Operating Gains Losses | $-47,591,000 | $5,730,000 | $-91,190,000 | $120,663,000 |
| Investing Activities | ||||
| Capital Expenditure | $-119,108,000 | $-115,031,000 | $-19,813,000 | $-12,563,000 |
| Investing Cash Flow | $-118,274,000 | $-112,236,000 | $-19,740,000 | $-1,215,000 |
| Cash Flow From Continuing Investing Activities | $-118,274,000 | $-112,236,000 | $-19,740,000 | $-1,215,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-3,777,000 | $-4,449,000 | $-5,496,000 | $-2,991,000 |
| Financing Cash Flow | $-192,934,000 | $-344,570,000 | $-435,536,000 | $-428,337,000 |
| Cash Flow From Continuing Financing Activities | $-192,934,000 | $-344,570,000 | $-435,536,000 | $-428,337,000 |
| Net Other Financing Charges | $-3,037,000 | $-64,000 | $-216,000 | $-2,943,000 |
| Cash Dividends Paid | $-315,120,000 | $-365,057,000 | $-419,824,000 | $-343,403,000 |
| Preferred Stock Dividend Paid | $-29,466,000 | $-28,126,000 | $-21,000,000 | $-21,000,000 |
| Common Stock Dividend Paid | $-285,654,000 | $-336,931,000 | $-398,824,000 | $-322,403,000 |
| Net Common Stock Issuance | $-3,777,000 | $-4,449,000 | $-5,496,000 | $-2,991,000 |
| Other | ||||
| Repayment Of Debt | $-244,000,000 | $-72,000,000 | $-74,000,000 | $-418,000,000 |
| Issuance Of Debt | $373,000,000 | $97,000,000 | $64,000,000 | $339,000,000 |
| Interest Paid Supplemental Data | $7,383,000 | $1,961,000 | $1,736,000 | $4,332,000 |
| End Cash Position | $1,478,000 | $2,519,000 | $70,282,000 | $4,307,000 |
| Beginning Cash Position | $2,519,000 | $70,282,000 | $4,307,000 | $8,876,000 |
| Changes In Cash | $-1,041,000 | $-67,763,000 | $65,975,000 | $-4,569,000 |
| Common Stock Payments | $-3,777,000 | $-4,449,000 | $-5,496,000 | $-2,991,000 |
| Net Issuance Payments Of Debt | $129,000,000 | $25,000,000 | $-10,000,000 | $-79,000,000 |
| Net Long Term Debt Issuance | $129,000,000 | $25,000,000 | $-10,000,000 | $-79,000,000 |
| Long Term Debt Payments | $-244,000,000 | $-72,000,000 | $-74,000,000 | $-418,000,000 |
| Long Term Debt Issuance | $373,000,000 | $97,000,000 | $64,000,000 | $339,000,000 |
| Net PPE Purchase And Sale | $-118,274,000 | $-112,236,000 | $-19,740,000 | $-1,215,000 |
| Sale Of PPE | $834,000 | $2,795,000 | $73,000 | $11,348,000 |
| Purchase Of PPE | $-119,108,000 | $-115,031,000 | $-19,813,000 | $-12,563,000 |
| Change In Working Capital | $-1,355,000 | $11,497,000 | $48,812,000 | $-36,450,000 |
| Change In Payables And Accrued Expense | $-286,000 | $1,042,000 | $-3,827,000 | $3,012,000 |
| Change In Payable | $-286,000 | $1,042,000 | $-3,827,000 | $3,012,000 |
| Change In Account Payable | $-286,000 | $1,042,000 | $-3,827,000 | $3,012,000 |
| Change In Prepaid Assets | $-6,614,000 | $-789,000 | $-414,000 | $51,000 |
| Change In Receivables | $5,545,000 | $11,244,000 | $53,053,000 | $-39,513,000 |
| Changes In Account Receivables | $5,545,000 | $11,244,000 | $53,053,000 | $-39,513,000 |
| Other Non Cash Items | $12,674,000 | $46,730,000 | $84,568,000 | $-200,902,000 |
| Stock Based Compensation | $9,620,000 | $8,564,000 | $10,829,000 | $17,388,000 |
| Depreciation Amortization Depletion | $36,887,000 | $45,196,000 | $45,683,000 | $47,804,000 |
| Gain Loss On Investment Securities | $-47,591,000 | $5,730,000 | $-91,117,000 | $120,680,000 |
| Net Income From Continuing Operations | $299,932,000 | $271,326,000 | $422,549,000 | $476,480,000 |
| Asset Impairment Charge | - | - | - | $0 |
| Net Short Term Debt Issuance | - | - | - | - |
| Short Term Debt Payments | - | - | - | - |
| Short Term Debt Issuance | - | - | - | - |
Fetched: 2026-06-16