Black Stone Minerals, L.P. (BSM)
| Market Cap | 3.06B +9.2% |
| Revenue (ttm) | 423.60M +2.4% |
| Net Income | 254.12M +3.1% |
| EPS | 1.20 +2.9% |
| Shares Out | 212.71M |
| PE Ratio | 12.01 |
| Forward PE | 13.13 |
| Dividend | $1.20 (8.35%) |
| Ex-Dividend Date | Aug 6, 2026 |
| Volume | 442,222 |
| Open | 14.43 |
| Previous Close | 14.47 |
| Day's Range | 14.23 - 14.46 |
| 52-Week Range | 11.78 - 15.49 |
| Beta | 0.02 |
| Analysts | Hold |
| Price Target | 16.00 (+11.27%) |
| Earnings Date | Aug 3, 2026 |
About BSM
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.
Financial Performance
In 2025, Black Stone Minerals's revenue was $400.98 million, a decrease of -6.09% compared to the previous year's $426.97 million. Earnings were $270.47 million, an increase of 11.83%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for BSM stock is "Hold." The 12-month stock price target is $16.0, which is an increase of 11.27% from the latest price.
News
Black Stone Minerals Earnings Call Transcript: Q2 2026
Second quarter results featured strong oil production and higher prices, offsetting lower Haynesville gas volumes. Distribution increased 7% with 1.18x coverage, supported by robust cash flow and ongoing development. Nearly $40 million in acquisitions and new wells underpin a positive outlook.
Black Stone Minerals Earnings release: Q2 2026
Black Stone Minerals released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Black Stone Minerals Quarterly report: Q2 2026
Black Stone Minerals has published its Q2 2026 quarterly earnings report on August 4, 2026.
Black Stone Minerals, L.P. Reports Second Quarter Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone Minerals," "Black Stone," or "the Partnership") today announces its financial and operating results for the second quarte...
Black Stone Minerals increases cash distribution 7% to 32c per share
Black Stone Minerals (BSM) declared a distribution of 32c per common unit, an increase of approximately 7% over the common distribution paid with respect to the prior quarter. Distributions will…
Black Stone Minerals, L.P. Announces Distribution Increase and Schedules Earnings Call to Discuss Second Quarter 2026 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Partnership”) today declared the distribution attributable to the second quarter of 2026. Additionally, ...
Black Stone Minerals Transcript: AGM 2026
The meeting confirmed quorum, introduced board members, and presented three proposals: director elections, auditor ratification, and a say-on-pay vote. All proposals passed by majority or plurality, with final results to be announced per SEC rules.
Black Stone Minerals initiated with a Sector Perform at RBC Capital
RBC Capital initiated coverage of Black Stone Minerals (BSM) with a Sector Perform rating and $16 price target The company’s portfolio is 76% gas weighted, which drives a discounted valuation…
Black Stone Minerals Earnings Call Transcript: Q1 2026
Strong Q1 results featured 16% sequential production growth, robust financials, and continued expansion in Haynesville and Shelby Trough. Management maintained 2026 guidance and remains optimistic despite commodity volatility and a well control incident under investigation.
Black Stone Minerals Earnings release: Q1 2026
Black Stone Minerals released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
Black Stone Minerals Quarterly report: Q1 2026
Black Stone Minerals has published its Q1 2026 quarterly earnings report on May 5, 2026.
Black Stone Minerals, L.P. Reports First Quarter Results
HOUSTON--(BUSINESS WIRE)--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...
While Asia and Europe scramble for natural gas, the US glut has nowhere to go
The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away.
Black Stone Minerals Proxy statement: Proxy filing
Black Stone Minerals filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.
Black Stone Minerals Proxy statement: Proxy filing
Black Stone Minerals filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss First Quarter 2026 Results
HOUSTON--(BUSINESS WIRE)--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, t...
Black Stone Minerals price target raised to $14 from $13 at Piper Sandler
Piper Sandler raised the firm’s price target on Black Stone Minerals (BSM) to $14 from $13 and keeps a Neutral rating on the shares. The firm says the rotation trade…
Black Stone Minerals Earnings Call Transcript: Q4 2025
Strong commercial milestones and acquisitions in 2025 set the stage for material production growth in 2026, with robust development in the Shelby Trough, Haynesville, and Permian. Q4 net income was $72.2M, adjusted EBITDA $76.7M, and distribution coverage remains solid.
Black Stone Minerals Annual report: Q4 2025
Black Stone Minerals has published its Q4 2025 annual report on February 24, 2026.
Black Stone Minerals Earnings release: Q4 2025
Black Stone Minerals released its Q4 2025 earnings on February 24, 2026, summarizing the period's financial results.
Black Stone Minerals reports Q4 EPS 31c vs. 18c last year
Reports Q4 revenue $118.7M vs. $83.7M last year. “Over the course of 2025, the Black Stone team executed across all commercial initiatives, advancing Black Stone’s long-term growth,” said Fowler Carte...
Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2025 Results; Provides Guidance for 2026
HOUSTON--(BUSINESS WIRE)--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 quarte...
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Fourth Quarter and Full-Year 2025 Results
HOUSTON--(BUSINESS WIRE)--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, ...
Black Stone Minerals and Caturus Energy Announce New Development Agreement in the Shelby Trough
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Partnership”) announced today it has entered into a 220,000 gross acre development agreement with an aff...
Black Stone Minerals Earnings Call Transcript: Q3 2025
Third quarter saw 5% sequential production growth, $91.7M net income, and strong Permian volumes. Ongoing acquisitions and development agreements in the Shelby Trough and Permian support a positive long-term outlook, with robust cash flow coverage and a constructive view on natural gas demand.