Black Stone Minerals, L.P. (BSM)
| Market Cap | 3.01B -6.4% |
| Revenue (ttm) | 400.98M -6.1% |
| Net Income | 270.47M +10.5% |
| EPS | 1.28 +11.3% |
| Shares Out | 212.33M |
| PE Ratio | 11.11 |
| Forward PE | 14.05 |
| Dividend | $1.20 (8.46%) |
| Ex-Dividend Date | May 8, 2026 |
| Volume | 186,096 |
| Open | 14.37 |
| Previous Close | 14.36 |
| Day's Range | 14.15 - 14.40 |
| 52-Week Range | 11.78 - 15.49 |
| Beta | 0.17 |
| Analysts | Hold |
| Price Target | 14.00 (-1.34%) |
| Earnings Date | May 4, 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 one analyst, the rating for BSM stock is "Hold" and the 12-month stock price target is $14.0.
News
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 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, 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.
Black Stone Minerals, L.P. Reports Third Quarter Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone," "BSM," or "the Partnership") today announces its financial and operating results for the third quarter of 2025. Financi...
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Third Quarter 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 third quarter of 2025. Additionally, t...
Black Stone Minerals Transcript: AGM 2025
Management outlined a long-term growth strategy focused on doubling production and distributions over the next decade, supported by organic growth, strategic acquisitions, and a diversified asset base. Conservative leverage, robust inventory, and a disciplined hedging approach underpin the plan.
Black Stone Minerals, L.P. Schedules September 2025 Investor Presentation
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Partnership”) will host a conference call and webcast presentation for investors and analysts to discuss...
ELLIPSIS U.S. ONSHORE HOLDINGS ANNOUNCES STRATEGIC ACQUISITIONS AND FARMOUT AGREEMENT TO EXPAND NON-OPERATED PORTFOLIO
DALLAS , Aug. 19, 2025 /PRNewswire/ -- Ellipsis U.S. Onshore Holdings LLC ("Ellipsis"), a portfolio company of the Westlawn Group ("Westlawn"), is pleased to announce it has completed two transactions...
Black Stone Minerals Earnings Call Transcript: Q2 2025
Q2 saw $120M net income and $84.2M adjusted EBITDA, with production averaging 34,600 BOE/day. Slower 2025 gas growth led to a $0.30/unit distribution, but new development agreements and acquisitions set up for higher production and distributions in 2026.
Black Stone Minerals, L.P. Reports Second Quarter Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone," "BSM," or "the Partnership") today announces its financial and operating results for the second quarter of 2025 and upd...
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Second Quarter 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 second quarter of 2025. Additionally, ...
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Black Stone Minerals Transcript: AGM 2025
The meeting covered board elections, auditor ratification, executive compensation, and the 2025 LTIP, with all proposals receiving majority approval. No shareholder proposals were presented, and no questions were raised during the Q&A.
Black Stone Minerals, L.P. Announces New Development Agreement in the Shelby Trough with Revenant Energy and Amended Development Agreements with Aethon Energy
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Partnership”) today announces that it has entered into a development agreement with Revenant Energy (“Re...
Black Stone Minerals Earnings Call Transcript: Q1 2025
Quarterly distribution was maintained despite commodity volatility, with production and financials stable versus last quarter. Ongoing development in key regions and a robust acquisition strategy support long-term growth, especially in natural gas.
Black Stone Minerals, L.P. Reports First-Quarter Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone," "BSM", or "the Partnership") today reports its financial and operating results for the first quarter of 2025. Financial...
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss First Quarter 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 first quarter of 2025. Additionally, t...
Black Stone Minerals Earnings Call Transcript: Q4 2024
2024 saw steady distributions and strong oil performance, offset by weak natural gas prices in the second half. Acquisitions focused on the Gulf Coast, with a positive 2025 outlook driven by LNG demand and increased production.
Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2024 Results; Provides Guidance for 2025
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone Minerals,” “Black Stone,” or “the Company”) today announces its financial and operating results for the fourth quarter an...
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Fourth Quarter and Full-Year 2024 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” “the Company,” or “the Partnership”) today declared the distribution attributable to the fourth quarter of 2024....
Black Stone Minerals Earnings Call Transcript: Q3 2024
Q3 2024 featured stable distributions and strong liquidity despite lower production from natural gas volatility. $15 million in new mineral assets were acquired, and over 60% of 2024 volumes are hedged, supporting long-term value and risk management.
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Third-Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” “the Company,” or “the Partnership”) today declared the distribution attributable to the third quarter of 2024 a...