black stone minerals lp - BSM

BSM

Close Chg Chg %
13.34 0.10 0.75%

Closed Market

13.44

+0.10 (0.75%)

Volume: 352.70K

Last Updated:

Dec 29, 2025, 3:59 PM EDT

Company Overview: black stone minerals lp - BSM

BSM Key Data

Open

$13.35

Day Range

13.35 - 13.49

52 Week Range

11.78 - 15.60

Market Cap

$2.83B

Shares Outstanding

211.86M

Public Float

171.39M

Beta

0.09

Rev. Per Employee

N/A

P/E Ratio

11.63

EPS

$1.16

Yield

1,011.24%

Dividend

$0.30

EX-DIVIDEND DATE

Nov 6, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

463.04K

 

BSM Performance

1 Week
 
0.60%
 
1 Month
 
-4.28%
 
3 Months
 
0.67%
 
1 Year
 
-5.09%
 
5 Years
 
101.05%
 

BSM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
Full Ratings ➔

About black stone minerals lp - BSM

Black Stone Minerals LP is an exploration company. The firm engages in the exploration of oil and natural gas minerals. It focuses on the operation of Louisiana-Mississippi Salt Basins, Western Gulf, Permian Basin, Palo Duro Basin, East Texas Basin, Anadarko Basin, Appalachian Basin, Arkoma Basin, Bend Arch-Fort Worth, and Southwestern Wyoming. The company was founded in 1876 and is headquartered in Houston, TX.

BSM At a Glance

Black Stone Minerals LP
1001 Fannin
Houston, Texas 77002
Phone 1-713-445-3200 Revenue 439.43M
Industry Investment Trusts/Mutual Funds Net Income 271.33M
Sector Miscellaneous Employees 123
Fiscal Year-end 12 / 2025
View SEC Filings

BSM Valuation

P/E Current 11.627
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 12.724
Price to Sales Ratio 7.003
Price to Book Ratio 3.711
Price to Cash Flow Ratio 7.91
Enterprise Value to EBITDA 10.452
Enterprise Value to Sales 7.738
Total Debt to Enterprise Value 0.007

BSM Efficiency

Revenue/Employee 3,572,593.496
Income Per Employee 2,205,902.439
Receivables Turnover 6.181
Total Asset Turnover 0.354

BSM Liquidity

Current Ratio 2.582
Quick Ratio 2.582
Cash Ratio 0.083

BSM Profitability

Gross Margin 75.306
Operating Margin 63.454
Pretax Margin 61.745
Net Margin 61.745
Return on Assets 21.83
Return on Equity 23.123
Return on Total Capital 23.503
Return on Invested Capital 22.879

BSM Capital Structure

Total Debt to Total Equity 2.213
Total Debt to Total Capital 2.166
Total Debt to Total Assets 2.051
Long-Term Debt to Equity 3.016
Long-Term Debt to Total Capital 2.166
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Black Stone Minerals Lp - BSM

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
505.73M 784.28M 501.10M 439.43M
Sales Growth
+70.49% +55.08% -36.11% -12.31%
Cost of Goods Sold (COGS) incl D&A
126.04M 127.47M 117.24M 108.51M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
62.09M 48.66M 46.73M 46.49M
Depreciation
62.09M 48.66M 46.73M 46.49M
Amortization of Intangibles
- - - -
-
COGS Growth
-10.40% +1.14% -8.03% -7.44%
Gross Income
379.69M 656.81M 383.86M 330.92M
Gross Income Growth
+143.45% +72.98% -41.56% -13.79%
Gross Profit Margin
+75.08% +83.75% +76.60% +75.31%
2021 2022 2023 2024 5-year trend
SG&A Expense
48.45M 53.65M 51.45M 52.08M
Research & Development
- - - -
-
Other SG&A
48.45M 53.65M 51.45M 52.08M
SGA Growth
+26.88% +10.75% -4.09% +1.22%
Other Operating Expense
- - - -
-
Unusual Expense
146.77M 120.68M (91.12M) 5.73M
EBIT after Unusual Expense
184.48M 482.48M 423.52M 273.11M
Non Operating Income/Expense
3.15M 285.00K 1.78M 1.33M
Non-Operating Interest Income
1.00K 53.00K 1.87M 1.67M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
5.64M 6.29M 2.75M 3.11M
Interest Expense Growth
-45.83% +11.49% -56.19% +12.89%
Gross Interest Expense
5.64M 6.29M 2.75M 3.11M
Interest Capitalized
- - - -
-
Pretax Income
181.99M 476.48M 422.55M 271.33M
Pretax Income Growth
+49.39% +161.82% -11.32% -35.79%
Pretax Margin
+35.98% +60.75% +84.32% +61.75%
Income Tax
- - - -
-
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
181.99M 476.48M 422.55M 271.33M
Minority Interest Expense
- - - -
-
Net Income
181.99M 476.48M 422.55M 271.33M
Net Income Growth
+49.39% +161.82% -11.32% -35.79%
Net Margin Growth
+35.98% +60.75% +84.32% +61.75%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
181.99M 476.48M 422.55M 271.33M
Preferred Dividends
21.00M 21.00M 21.78M 29.47M
Net Income Available to Common
160.99M 455.48M 400.77M 241.86M
EPS (Basic)
0.7733 2.1754 1.9087 1.148
EPS (Basic) Growth
+58.56% +181.31% -12.26% -39.85%
Basic Shares Outstanding
208.18M 209.38M 209.97M 210.68M
EPS (Diluted)
0.7729 2.0294 1.8771 1.1474
EPS (Diluted) Growth
+58.54% +162.57% -7.50% -38.87%
Diluted Shares Outstanding
208.29M 224.45M 225.10M 210.78M
EBITDA
393.34M 651.83M 379.13M 325.33M
EBITDA Growth
+95.76% +65.72% -41.84% -14.19%
EBITDA Margin
+77.78% +83.11% +75.66% +74.03%

Snapshot

Average Recommendation HOLD Average Target Price 15.00
Number of Ratings 4 Current Quarters Estimate 0.263
FY Report Date 12 / 2025 Current Year's Estimate 1.227
Last Quarter’s Earnings 0.40 Median PE on CY Estimate N/A
Year Ago Earnings 1.15 Next Fiscal Year Estimate 1.203
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 3 3 3
Mean Estimate 0.26 0.28 1.23 1.20
High Estimates 0.31 0.33 1.28 1.34
Low Estimate 0.21 0.24 1.18 1.07
Coefficient of Variance 19.11 15.91 4.10 11.22

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 0 0 0
HOLD 3 3 3
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Black Stone Minerals Lp - BSM

Date Name Shares Transaction Value
Apr 8, 2025 William Nelson Mathis Director 242,198 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $15.27 per share 3,698,363.46
Apr 8, 2025 D. Mark DeWalch Director 374,081 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $15.27 per share 5,712,216.87
Apr 8, 2025 Jerry V. Kyle Director 301,383 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $15.27 per share 4,602,118.41
Apr 8, 2025 Alexander D. Stuart Director 2,053,525 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $15.27 per share 31,357,326.75
Apr 8, 2025 William E. Randall Director 171,635 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $15.27 per share 2,620,866.45
Feb 28, 2025 Thomas L. Carter CEO, President, and Chairman; Director 3,409,916 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 28, 2025 Thomas L. Carter CEO, President, and Chairman; Director 3,335,121 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.11 per share 50,393,678.31
Feb 28, 2025 Luke Stevens Putman SVP, General Counsel, and Sec 734,709 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 28, 2025 Luke Stevens Putman SVP, General Counsel, and Sec 697,642 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.11 per share 10,541,370.62
Feb 28, 2025 Carrie P. Clark SVP, Chief Commercial Officer 217,352 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 28, 2025 Carrie P. Clark SVP, Chief Commercial Officer 202,757 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.11 per share 3,063,658.27
Feb 28, 2025 Fowler Carter SVP, Corporate Development 47,331 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 28, 2025 Fowler Carter SVP, Corporate Development 46,779 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.11 per share 706,830.69
Feb 28, 2025 Chris Bonner VP and CAO 8,163 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 28, 2025 Chris Bonner VP and CAO 7,580 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.11 per share 114,533.80
Feb 20, 2025 Taylor DeWalch SVP and CFO 65,241 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Black Stone Minerals Lp in the News