Black Stone Minerals Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2013
Net Income	400.77	455.48	160.99	100.82	169.38	Upgrade
Depreciation & Amortization	46.72	49.76	62.6	83.06	110.63	Upgrade
Share-Based Compensation	10.83	17.39	12.22	3.73	20.48	Upgrade
Other Operating Activities	41.15	-118.64	0.08	73.2	91.24	Upgrade
Operating Cash Flow	521.25	424.98	256.88	281.81	412.72	Upgrade
Operating Cash Flow Growth	22.65%	65.44%	-8.85%	-31.72%	7.09%	Upgrade
Capital Expenditures	-19.74	-1.22	-14.32	151.25	-48.62	Upgrade
Investing Cash Flow	-19.74	-1.22	-14.32	151.25	-48.62	Upgrade
Dividends Paid	-398.82	-322.4	-176.92	-140.34	-304.44	Upgrade
Share Issuance / Repurchase	-5.5	-2.99	-1.96	-5.04	-16.97	Upgrade
Debt Issued / Paid	-10.22	-81.94	-35.6	-273	-16	Upgrade
Other Financing Activities	-21	-21	-21	-21	-23.98	Upgrade
Financing Cash Flow	-435.54	-428.34	-235.48	-439.38	-361.39	Upgrade
Net Cash Flow	65.98	-4.57	7.08	-6.32	2.71	Upgrade
Free Cash Flow	501.51	423.77	242.56	433.06	364.1	Upgrade
Free Cash Flow Growth	18.35%	74.70%	-43.99%	18.94%	64.32%	Upgrade
Free Cash Flow Margin	84.68%	63.86%	67.52%	126.35%	74.64%	Upgrade
Free Cash Flow Per Share	2.39	2.02	1.17	2.10	1.77	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).