Black Stone Minerals, L.P. (BSM)

Black Stone Minerals Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.86	2.52	70.28	4.31	8.88	1.8
Cash & Short-Term Investments	2.86	2.52	70.28	4.31	8.88	1.8
Cash Growth	-86.34%	-96.42%	1531.81%	-51.48%	394.21%	-77.88%
Accounts Receivable	59.22	67.05	77.56	129.08	93.01	58.18
Other Receivables	5.15	4.05	4.69	6.62	4.14	3.73
Receivables	64.37	71.09	82.25	135.7	97.14	61.91
Prepaid Expenses	6.13	3.11	2.32	1.91	1.96	1.67
Other Current Assets	8.51	1.82	38.27	31.47	-	1.15
Total Current Assets	85.17	78.54	193.13	173.38	107.97	66.52
Property, Plant & Equipment	1,177	1,134	1,066	1,088	1,133	1,172
Long-Term Deferred Charges	8	6.32	8.26	9.45	6.61	5.32
Other Long-Term Assets	0.6	-	-	-	-	-
Total Assets	1,270	1,219	1,267	1,271	1,248	1,244
Accounts Payable	2.63	5.95	6.27	6.77	5.94	3.41
Accrued Expenses	13.9	17.24	17	19.57	16.74	15.57
Current Portion of Leases	-	1.44	-	-	-	-
Other Current Liabilities	2.98	5.8	2.57	4.39	54.46	20.97
Total Current Liabilities	19.5	30.42	25.84	30.73	77.14	39.95
Long-Term Debt	95	25	-	10	89	121
Long-Term Leases	-	0.61	-	-	-	-
Other Long-Term Liabilities	30.67	33.44	23.7	20.54	18.15	24.06
Total Liabilities	145.17	89.47	49.54	61.27	184.29	185.01
Common Stock	824.74	828.96	918.21	911.45	765.27	760.61
Total Common Equity	824.74	828.96	918.21	911.45	765.27	760.61
Shareholders' Equity	1,125	1,129	1,217	1,210	1,064	1,059
Total Liabilities & Equity	1,270	1,219	1,267	1,271	1,248	1,244
Total Debt	95	27.04	-	10	89	121
Net Cash (Debt)	-92.14	-24.52	70.28	-5.69	-80.12	-119.2
Net Cash Per Share	-0.44	-0.12	0.31	-0.03	-0.38	-0.58
Filing Date Shares Outstanding	211.86	211.14	210.31	209.68	209.12	207.27
Total Common Shares Outstanding	211.85	210.69	209.99	209.41	208.67	206.75
Working Capital	65.67	48.12	167.29	142.65	30.83	26.57
Book Value Per Share	3.89	3.93	4.37	4.35	3.67	3.68
Tangible Book Value	824.74	828.96	918.21	911.45	765.27	760.61
Tangible Book Value Per Share	3.89	3.93	4.37	4.35	3.67	3.68

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q