Is a complete BSM research report available?

No complete published report is available for Black Stone Minerals, L.P. (BSM) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Black Stone Minerals, L.P. (BSM)

NYSE: BSM · USD

$14.9

+0.07 (+0.5%)· Recorded snapshot

Market cap	3.2B
Revenue (ttm)	423.6M
Net income (ttm)	254.1M
EPS (ttm)	$1.20
Shares out	212.7M
P/E (trailing)	12.4x
P/E (forward)	14.5x
Dividend	$1.20 (8.09%)
Volume	630,801
Beta	0.12

Market data

Price

Recent price action with selectable time range.

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
BKR	Baker Hughes Company	54.3B	18.8x	1.9x	11.7%	+7.0%	+20.1%	Verkopen
COP	ConocoPhillips	179B	19.8x	2.8x	11.6%	+16.8%	+73.8%	Aanhouden
CVX	Chevron Corporation	448.9B	22.0x	2.2x	8.2%	+12.6%	+54.1%	Verminderen

Metric	Value
Amount currency	USD
CIK code	0001621434
Company name	Black Stone Minerals, L.P.
Country	United States
Country code	US
CUSIP number	09225M101
Earnings date	2026-11-02
Earnings time	amc
Enterprise value	$3.4B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1876
Industry	Oil & Gas Exploration & Production
IPO date	2015-05-01
Is primary listing	Yes
Is SPAC	No
ISIN number	US09225M1018
Last 10-K release date	2026-02-24
Last earnings date	2026-08-03
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$3.2B
Market cap category	Mid-Cap
Next earnings date	2026-11-02
Options	Yes
Price	$14.87
Price currency	USD
Sector	Energy
SIC code	1311
Stock price date	2026-10-28
Symbol	BSM
U.S. state	Texas
Website	https://www.blackstoneminerals.com

Metric

Value

Amount currency

USD

CIK code

0001621434

Company name

Black Stone Minerals, L.P.

Country

United States

Country code

CUSIP number

09225M101

Earnings date

2026-11-02

Earnings time

amc

Enterprise value

$3.4B

Exchange

NYSE

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-09

Fiscal year end

December

Founded

1876

Industry

Oil & Gas Exploration & Production

IPO date

2015-05-01

Is primary listing

Yes

Is SPAC

ISIN number

US09225M1018

Last 10-K release date

2026-02-24

Last earnings date

2026-08-03

Last refreshed

2026-10-28

Last stock split type

Never

Market cap

$3.2B

Market cap category

Mid-Cap

Next earnings date

2026-11-02

Options

Yes

Price

$14.87

Price currency

USD

Sector

Energy

SIC code

1311

Stock price date

2026-10-28

Symbol

BSM

U.S. state

Texas

Website

https://www.blackstoneminerals.com

Metric	Value
Adjusted P/E ratio	13.55x
Average P/E ratio (10Y)	22.69x
Average P/E ratio (3Y)	11.05x
Average P/E ratio (5Y)	12.46x
Earnings yield	8.05%
EV/Earnings	13.22x
EV/EBIT	11.36x
EV/EBITDA	10.03x
EV/FCF	17.55x
EV/Sales	7.93x
FCF / EV yield	5.7%
FCF yield	6.05%
Forward EV/Sales	7.19x
Forward P/E	14.47x
Forward P/S	6.77x
Graham number	10.14897
Graham upside	-31.79%
Industry forward P/E	10.78x
Industry P/E	16.09x
Lynch fair value	$29.94
Lynch upside	101.23%
P/(FCF - SBC) ratio	17.5x
P/(OCF - SBC) ratio	10.22x
P/B ratio	3.87x
P/E ratio	12.42x
P/FCF ratio	16.53x
P/OCF ratio	9.88x
P/S ratio	7.47x
Price / tangible book value	3.89x
Price/EBITDA ratio	9.45x
Sector forward P/E	10.06x
Sector P/E	15.08x

Metric

Value

Adjusted P/E ratio

13.55x

Average P/E ratio (10Y)

22.69x

Average P/E ratio (3Y)

11.05x

Average P/E ratio (5Y)

12.46x

Earnings yield

8.05%

EV/Earnings

13.22x

EV/EBIT

11.36x

EV/EBITDA

10.03x

EV/FCF

17.55x

EV/Sales

7.93x

FCF / EV yield

5.7%

FCF yield

6.05%

Forward EV/Sales

7.19x

Forward P/E

14.47x

Forward P/S

6.77x

Graham number

10.14897

Graham upside

-31.79%

Industry forward P/E

10.78x

Industry P/E

16.09x

Lynch fair value

$29.94

Lynch upside

101.23%

P/(FCF - SBC) ratio

17.5x

P/(OCF - SBC) ratio

10.22x

P/B ratio

3.87x

P/E ratio

12.42x

P/FCF ratio

16.53x

P/OCF ratio

9.88x

P/S ratio

7.47x

Price / tangible book value

3.89x

Price/EBITDA ratio

9.45x

Sector forward P/E

10.06x

Sector P/E

15.08x

Metric	Value
EBIT margin	69.8%
EBITDA margin	79.06%
FCF margin	45.2%
Gross margin	89.59%
Operating margin	69.8%
Pretax margin	66.95%
Profit margin	66.95%
Profitable quarters	17
Profitable years	10
ROA	14.03%
ROA (5Y)	16.58%
ROCE	22.03%
ROE	25.59%
ROE (5Y)	28.71%
ROIC	14.72%
SBC / revenue	2.51%

Metric

Value

EBIT margin

69.8%

EBITDA margin

79.06%

FCF margin

45.2%

Gross margin

89.59%

Operating margin

69.8%

Pretax margin

66.95%

Profit margin

66.95%

Profitable quarters

Profitable years

ROA

14.03%

ROA (5Y)

16.58%

ROCE

22.03%

ROE

25.59%

ROE (5Y)

28.71%

ROIC

14.72%

SBC / revenue

2.51%

Metric	Value
EPS growth	3.26%
EPS growth (Q)	-12.03%
EPS growth (QoQ)	1,574.34%
EPS growth 3Y	-21.46%
EPS growth 5Y	31.05%
EPS growth years	1
FCF growth	-14.2%
FCF growth (Q)	2.6%
FCF growth (QoQ)	3.43%
FCF growth 3Y	-28.79%
FCF growth 5Y	-4.16%
Gross profit growth	4.97%
Gross profit growth (Q)	19.16%
Gross profit growth 3Y	-12.47%
Gross profit growth 5Y	5.93%
Net income growth	3.1%
Net income growth (Q)	-11.39%
Net income growth (QoQ)	1,576.13%
Net income growth 3Y	-22.39%
Net income growth 5Y	31.47%
Net income growth years	1
OCF growth	-2.77%
OCF growth (Q)	15.52%
OCF growth (QoQ)	48.6%
OCF growth 10Y	3.63%
OCF growth 3Y	-15.72%
OCF growth 5Y	5.14%
Operating income growth	5.56%
Operating income growth (Q)	-9.99%
Operating income growth 3Y	-19.61%
Operating income growth 5Y	34.53%
Revenue growth	2.4%
Revenue growth (Q)	13.17%
Revenue growth (QoQ)	-1.78%
Revenue growth 10Y	5.63%
Revenue growth 3Y	-12.65%
Revenue growth 5Y	4.46%
Revenue growth years	1

Metric

Value

EPS growth

3.26%

EPS growth (Q)

-12.03%

EPS growth (QoQ)

1,574.34%

EPS growth 3Y

-21.46%

EPS growth 5Y

31.05%

EPS growth years

FCF growth

-14.2%

FCF growth (Q)

2.6%

FCF growth (QoQ)

3.43%

FCF growth 3Y

-28.79%

FCF growth 5Y

-4.16%

Gross profit growth

4.97%

Gross profit growth (Q)

19.16%

Gross profit growth 3Y

-12.47%

Gross profit growth 5Y

5.93%

Net income growth

3.1%

Net income growth (Q)

-11.39%

Net income growth (QoQ)

1,576.13%

Net income growth 3Y

-22.39%

Net income growth 5Y

31.47%

Net income growth years

OCF growth

-2.77%

OCF growth (Q)

15.52%

OCF growth (QoQ)

48.6%

OCF growth 10Y

3.63%

OCF growth 3Y

-15.72%

OCF growth 5Y

5.14%

Operating income growth

5.56%

Operating income growth (Q)

-9.99%

Operating income growth 3Y

-19.61%

Operating income growth 5Y

34.53%

Revenue growth

2.4%

Revenue growth (Q)

13.17%

Revenue growth (QoQ)

-1.78%

Revenue growth 10Y

5.63%

Revenue growth 3Y

-12.65%

Revenue growth 5Y

4.46%

Revenue growth years

Metric	Value
Capital expenditures	$-128.9M
Depreciation and amortization	$39.2M
EBIT	$295.7M
EBITDA	$334.9M
EPS	$1.20
FCF per share	$0.90
Financing cash flow	$-192.9M
Free cash flow	$191.5M
Free cash flow minus SBC	$180.8M
Gross profit	$379.5M
Investing cash flow	$-128.4M
Net borrowing	$97M
Net cash flow	$-845,000
Net income	$254.1M
Operating cash flow minus SBC	$309.7M
Operating income	$295.7M
Revenue	$423.6M
Stock-based compensation	$10.6M

Metric

Value

Capital expenditures

$-128.9M

Depreciation and amortization

$39.2M

EBIT

$295.7M

EBITDA

$334.9M

EPS

$1.20

FCF per share

$0.90

Financing cash flow

$-192.9M

Free cash flow

$191.5M

Free cash flow minus SBC

$180.8M

Gross profit

$379.5M

Investing cash flow

$-128.4M

Net borrowing

$97M

Net cash flow

$-845,000

Net income

$254.1M

Operating cash flow minus SBC

$309.7M

Operating income

$295.7M

Revenue

$423.6M

Stock-based compensation

$10.6M

Metric	Value
Book value per share	$3.82
Debt / EBITDA	0.59
Debt / equity	0.18
Debt / FCF	1.02
Interest coverage	23.77
Long-term assets	$1.3B
Long-term liabilities	$228.8M
Net cash (debt)	$-194.3M
Net cash / market cap	-6.14%
Net debt / EBITDA	0.58
Net debt / equity	0.17
Net debt / FCF	1.01
Piotroski F-Score	6
Property, plant and equipment	$1.3B
Shareholders' equity	$1.1B
Tangible book value	$813M
Tangible book value per share	$3.82
Total assets	$1.4B
Total cash	$1.7M
Total debt	$196M
Total liabilities	$252.4M
WACC	4.94%

Metric

Value

Book value per share

$3.82

Debt / EBITDA

0.59

Debt / equity

0.18

Debt / FCF

1.02

Interest coverage

23.77

Long-term assets

$1.3B

Long-term liabilities

$228.8M

Net cash (debt)

$-194.3M

Net cash / market cap

-6.14%

Net debt / EBITDA

0.58

Net debt / equity

0.17

Net debt / FCF

1.01

Piotroski F-Score

Property, plant and equipment

$1.3B

Shareholders' equity

$1.1B

Tangible book value

$813M

Tangible book value per share

$3.82

Total assets

$1.4B

Total cash

$1.7M

Total debt

$196M

Total liabilities

$252.4M

WACC

4.94%

Metric	Value
Asset turnover	0.32
Current assets	$89M
Current liabilities	$23.7M
Current ratio	3.76
Net working capital	$63.6M
Quick ratio	3.07
Working capital	$65.3M
Working capital turnover	6.53

Metric

Value

Asset turnover

0.32

Current assets

$89M

Current liabilities

$23.7M

Current ratio

3.76

Net working capital

$63.6M

Quick ratio

3.07

Working capital

$65.3M

Working capital turnover

6.53

Metric	Value
Buyback yield / dilution	-0.5%
Dividend growth	-5.93%
Dividend growth (10Y)	1.45%
Dividend growth (3Y)	-12.57%
Dividend growth (5Y)	9.68%
Dividend growth years	0
Dividend payment date	2026-11-13
Dividend payment years	12
Dividend payout frequency	Quarterly
Dividend per share	$1.20
Dividend yield	8.09%
Ex-dividend date	2026-11-06
FCF payout ratio	141.09%
Last dividend	$0.35
Payout ratio	106.04%
Shareholder yield	7.56%

Metric

Value

Buyback yield / dilution

-0.5%

Dividend growth

-5.93%

Dividend growth (10Y)

1.45%

Dividend growth (3Y)

-12.57%

Dividend growth (5Y)

9.68%

Dividend growth years

Dividend payment date

2026-11-13

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

$1.20

Dividend yield

8.09%

Ex-dividend date

2026-11-06

FCF payout ratio

141.09%

Last dividend

$0.35

Payout ratio

106.04%

Shareholder yield

7.56%

Metric	Value
10Y price change	-16.4%
10Y return CAGR	7.49%
10Y total return	105.93%
150-day SMA	$14.34
1D price change	0.47%
1M price change	2.84%
1M total return	2.84%
1W price change	0.54%
1W total return	0.54%
1Y price change	12.95%
1Y return CAGR	23.3%
1Y total return	23.28%
20-day SMA	$14.76
200-day SMA	$14.50
3M price change	-0.54%
3M total return	1.7%
3Y price change	-16.69%
3Y return CAGR	3.81%
3Y total return	11.89%
50-day SMA	$14.77
50-day SMA vs 200-day SMA	50over200
52-week high	$15.49
52-week high date	2026-03-17
52-week low	$12.93
52-week low date	2025-11-06
5Y price change	22.46%
5Y return CAGR	15.16%
5Y total return	102.49%
6M price change	3.63%
6M total return	8.4%
All-time high	$20.24
All-time high date	2022-11-07
All-time low	$4.04
All-time low date	2020-03-19
Average true range (ATR)	$0.23
Average volume	405.9K
Beta (1Y)	-0.78
Beta (2Y)	-0.01
Beta (5Y)	0.12
Change from 52-week high	-4%
Change from 52-week low	15%
Change from all-time high	-26.73%
Change from all-time low	267.08%
Change from open	0.41%
Day's gap	0.07%
Dollar volume	$9.4M
High price	$14.93
Low price	$14.81
Monthly RSI	52.59
Open price	$14.81
Position in 52-week range	50%
Premarket change	0.41%
Premarket close	$14.80
Premarket price	$14.86
Previous close	$14.80
Price vs 150-day SMA	3.45%
Price vs 20-day SMA	0.45%
Price vs 200-day SMA	2.31%
Price vs 50-day SMA	0.41%
Relative volume	1.55
RSI	52.26
Sharpe ratio	0.94
Sharpe ratio (3Y)	0.1
Sharpe ratio (5Y)	0.51
Sortino ratio	1.64
Sortino ratio (3Y)	0.4
Sortino ratio (5Y)	0.94
Volume	630.8K
Weekly RSI	54.09
YTD price change	11.59%
YTD total return	19.06%

Metric

Value

10Y price change

-16.4%

10Y return CAGR

7.49%

10Y total return

105.93%

150-day SMA

$14.34

1D price change

0.47%

1M price change

2.84%

1M total return

2.84%

1W price change

0.54%

1W total return

0.54%

1Y price change

12.95%

1Y return CAGR

23.3%

1Y total return

23.28%

20-day SMA

$14.76

200-day SMA

$14.50

3M price change

-0.54%

3M total return

1.7%

3Y price change

-16.69%

3Y return CAGR

3.81%

3Y total return

11.89%

50-day SMA

$14.77

50-day SMA vs 200-day SMA

50over200

52-week high

$15.49

52-week high date

2026-03-17

52-week low

$12.93

52-week low date

2025-11-06

5Y price change

22.46%

5Y return CAGR

15.16%

5Y total return

102.49%

6M price change

3.63%

6M total return

8.4%

All-time high

$20.24

All-time high date

2022-11-07

All-time low

$4.04

All-time low date

2020-03-19

Average true range (ATR)

$0.23

Average volume

405.9K

Beta (1Y)

-0.78

Beta (2Y)

-0.01

Beta (5Y)

0.12

Change from 52-week high

-4%

Change from 52-week low

15%

Change from all-time high

-26.73%

Change from all-time low

267.08%

Change from open

0.41%

Day's gap

0.07%

Dollar volume

$9.4M

High price

$14.93

Low price

$14.81

Monthly RSI

52.59

Open price

$14.81

Position in 52-week range

50%

Premarket change

0.41%

Premarket close

$14.80

Premarket price

$14.86

Previous close

$14.80

Price vs 150-day SMA

3.45%

Price vs 20-day SMA

0.45%

Price vs 200-day SMA

2.31%

Price vs 50-day SMA

0.41%

Relative volume

1.55

RSI

52.26

Sharpe ratio

0.94

Sharpe ratio (3Y)

0.1

Sharpe ratio (5Y)

0.51

Sortino ratio

1.64

Sortino ratio (3Y)

0.4

Sortino ratio (5Y)

0.94

Volume

630.8K

Weekly RSI

54.09

YTD price change

11.59%

YTD total return

19.06%

Metric	Value
Float	164.3M
Float percentage	77.24%
Shares change (QoQ)	0.11%
Shares change (YoY)	0.5%
Shares held by insiders	15.25%
Shares held by institutions	22.24%
Shares outstanding	212.7M
Short % of float	1.7%
Short % of shares	1.31%
Short ratio	7.9 days

Metric

Value

Float

164.3M

Float percentage

77.24%

Shares change (QoQ)

0.11%

Shares change (YoY)

0.5%

Shares held by insiders

15.25%

Shares held by institutions

22.24%

Shares outstanding

212.7M

Short % of float

1.7%

Short % of shares

1.31%

Short ratio

7.9 days

Black Stone Minerals, L.P. (BSM)

Price

Financial snapshot

Fair-value bridge

Latest news · BSM

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BSM indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BSM

Frequently asked questions