Black Stone Minerals, L.P.

NYSE:BSM Voorraadrapport

Marktkapitalisatie: US$2.9b

Black Stone Minerals Toekomstige groei

Future criteriumcontroles 1/6

De verwachting is dat Black Stone Minerals de winst en omzet met respectievelijk 5.2% en 10% per jaar zal laten groeien, terwijl de winst per aandeel naar verwachting zal groeien met 4.3% per jaar.

Belangrijke informatie

5.2%

Groei van de winst

4.26%

Groei van de winst per aandeel

Oil and Gas winstgroei10.8%
Inkomstengroei10.0%
Toekomstig rendement op eigen vermogenn/a
Dekking van analisten

Low

Laatst bijgewerkt03 Jun 2026

Recente toekomstige groei-updates

Recent updates

Narratiefupdate • Jun 06

BSM: Gas Weighted Portfolio And Rising Production Support Constructive Forward Outlook

Analysts have revised their price target on Black Stone Minerals to $16 from $14, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. This change also reflects recent Street research highlighting the company’s gas weighted portfolio and expectations that gas fundamentals may limit upside to growth.
Seeking Alpha • Apr 20

Black Stone Minerals: May See Modest Benefits From Improved Long-Term Oil Prices

Summary Black Stone is projected to generate $273 million in 2026 distributable cash flow at current strip. Hedges limit its ability to benefit from strong near-term oil prices. A $20 increase in the average 2026 oil price would only improve Black Stone's DCF by $3 million. Black Stone has close to 45% of its 2027 production hedged. I have increased my long-term (after 2026) oil price by $5 and that improves Black Stone's estimated value by $0.50 (to $16 per unit). Read the full article on Seeking Alpha
Narratiefupdate • Apr 08

BSM: War Risk And Stable U.S. Activity Shape Fairly Valued Outlook

Analysts recently raised their price target on Black Stone Minerals to $14 from $13, citing elevated geopolitical risk to global energy supply and an outlook that U.S. operators are unlikely to significantly alter their activity in response. Analyst Commentary Recent commentary around Black Stone Minerals focuses heavily on how heightened geopolitical risk and potential supply disruptions feed into valuation, especially with the price target set at US$14.
Narratiefupdate • Mar 25

BSM: War Risk And Steady U.S. Output Guide Balanced Future Outlook

Analysts have raised their price target on Black Stone Minerals to $14.00 from $13.00, citing recent geopolitical risks to global energy supplies and steady expectations for U.S. operator activity as key factors behind the update. Analyst Commentary Analysts are weighing the new US$14 price target for Black Stone Minerals against rising geopolitical risks and expectations for relatively steady U.S. operator activity.
Narratiefupdate • Mar 08

BSM: War Risk And Stable U.S. Activity Shape Measured Future Outlook

Analysts have raised their price target on Black Stone Minerals to $14 from $13, reflecting updated views on fair value and earnings potential as they consider recent geopolitical risks and U.S. operator commentary. Analyst Commentary Recent commentary around Black Stone Minerals focuses on how geopolitical risks and operator behavior could affect fair value, rather than on big changes to the company’s own execution.
Narratiefupdate • Aug 16

Shelby Trough Expansion And Operator Diversification Will Drive Drilling

The consensus price target for Black Stone Minerals has been lowered to $13.00, primarily due to a notable decrease in forecast revenue growth, while valuation multiples have only moderately declined. What's in the News Black Stone Minerals lowered its 2025 production guidance to 33–35 MBoe/d from 38–41 MBoe/d due to weaker first-half production and delayed natural gas growth.
Seeking Alpha • Apr 26

Black Stone Minerals: Focusing On Natural Gas Acquisitions

Summary Black Stone Minerals spent $110 million on acquisitions in 2024, funded primarily with cash on hand. It now has a slight amount of net debt and may add to that debt with continued acquisitions and the redemption of some Series A Preferred Units. I project its distribution coverage at 1.07x in 2025 at current strip. Black Stone's estimated value is now $17.75 per unit at long-term $70 WTI oil and $3.75 NYMEX natural gas. Read the full article on Seeking Alpha
Seeking Alpha • Feb 27

Black Stone Minerals: A 10% Distribution For This Natural Gas Royalty Play (Rating Upgrade)

Summary Upgrading Black Stone Minerals to a BUY due to improving natural gas prices, a robust hedging program, and a renegotiated production agreement with Aethon. BSM's 2024 challenges included weak natural gas prices and a dividend cut, but the company maintained a distribution coverage greater than 1x distributable cash flow throughout the year. For 2025, BSM expects a 2% production increase, with natural gas making up 77% of total volumes, driven by new wells and rising prices. LNG export growth and increased electricity demand from AI data centers position BSM's Haynesville acreage as a key resource, enhancing future prospects. I am upgrading BSM to a BUY. Read the full article on Seeking Alpha
Seeking Alpha • Feb 19

Black Stone Minerals' Double-Digit Yield Looks To Benefit From Expanding Electricity Demand

Summary Since its IPO in 2015, Black Stone Minerals performance has matched Exxon and Chevron on an annualized total return basis. Management's interest are closely aligned with unitholders and insider buying volume has been significant in 2025. Improving supply/demand balance for natural gas means more production volume, likely returning the distribution to high water level. More favorable federal energy policy towards fossil fuel minerals and growing electricity need bode well for BSM to benefit. Read the full article on Seeking Alpha
Seeking Alpha • Dec 12

Black Stone Minerals: Distribution Coverage Should Improve From Q3 2024 Levels

Summary Black Stone Minerals reported 1x distribution coverage for Q3 2024. It saw an 8% quarter-over-quarter production decline. BSM's Q4 2024 distribution coverage should increase slightly even if its production declines a bit further in the near term. I've reduced my 2025 production expectations by 3–4% to reflect a lower potential production level entering the year. Stronger natural gas prices in 2025 (particularly later in the year) should increase activity at Black Stone's assets. Read the full article on Seeking Alpha
Seeking Alpha • Oct 08

Black Stone Minerals: Preferred Unit Redemption May Increase Distributable Cash Flow

Summary Black Stone Minerals has been acquiring Gulf Coast mineral and royalty interests. These acquisitions are primarily non-producing currently, but are expected to benefit future production results once natural gas prices improve. Black Stone also has the opportunity to redeem its Series B preferred units at par in late 2025. These units have a 9.8% distribution rate, so redeeming them should benefit Black Stone's distributable cash flow. Black Stone's credit facility interest rate may be 6% to 7% by late 2025. Read the full article on Seeking Alpha
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Nieuw narratief • Sep 05

Hedging Missteps And Acquisition Risks To Hamper Earnings Amidst Volatile Times

Emphasis on grassroots acquisitions and asset enhancement may increase debt without immediate returns, affecting net income and cash flow if expectations are not met.
Seeking Alpha • Aug 11

Black Stone Minerals: Well Covered 10.5% Yield And Debt Free Balance Sheet Make This A Buy

Summary BSM is a high free cash flow royalty-driven MLP with no debt, offering a 10.5% yield and potential upside with improved natural gas prices. The company's business model involves collecting royalty payments on revenue from producers operating on their acreage. BSM offers solid coverage of their distribution and potential for buybacks or acquisitions, making it a bargain investment opportunity. We peg a range of $12 to high teens on the stock, but are happy with a flat share price and a healthy tax-deferred distribution. Read the full article on Seeking Alpha
Seeking Alpha • Jul 30

Black Stone Minerals: Overexposed To Natural Gas

Summary Production was down 2% in Q1 2024, after reducing their working interest exposure. Q1 2024 revenue at $113.2 million, net income at $63.9 million; down 17% and 57% QoQ. Distribution reduced by 21% to $0.375 per unit in Q1 2024. Aethon reduced production volumes by 800 Boe/d in April 2024. This will certainly impact their Q2 2024 production. Due to their natural gas exposure, overvaluation, and strategic uncertainties, my rating for this stock is a Hold. Read the full article on Seeking Alpha
Seeking Alpha • May 10

Black Stone Minerals: Reduced Production Guidance Due To Low Natural Gas Prices

Summary Black Stone Minerals reduced its 2024 production guidance by around 4%. The Company's oil cut may end up slightly higher than previously expected. BSM is projected to have 1.17x distribution coverage with its reduced distribution. It is spending on acquisitions that will benefit its longer-term cash flow. I expect Black Stone's distributable cash flow to rebound to $2+ per unit in 2026. Read the full article on Seeking Alpha
Seeking Alpha • Mar 12

Black Stone Minerals: A Distribution Cut Is Coming

Summary Black Stone Minerals has seen a large decrease in rigs on its acreage. With Aethon taking a drilling pause, 2025 production is likely to decline. With favorable hedges rolling off, a distribution cut will be coming this year barring a natural gas price rally. Read the full article on Seeking Alpha
Seeking Alpha • Feb 06

Black Stone Minerals Remains A Great Energy Play

Summary Black Stone Minerals is a large owner and manager of oil and natural gas mineral interests in the US. The company's earnings are arguably more predictable than energy producers as they have a relatively small cost base and no leverage currently. BSM's valuation suggests it is attractively priced as a debt-free royalty play on US energy. A buyback of units may provide a catalyst for the units to re-rate if energy prices remain broadly stable. Read the full article on Seeking Alpha

Winst- en omzetgroeiprognoses

NYSE:BSM - Toekomstschattingen van analisten en financiële gegevens uit het verleden (USD Millions )
DatumInkomstenInkomstenVrije kasstroomGeldmiddelen uit operationele activiteitenGem. Aantal analisten
12/31/2028540294N/AN/A1
12/31/20274822533162672
12/31/20264321612922342
3/31/2026410268190308N/A
12/31/2025401270191310N/A
9/30/2025413245224336N/A
6/30/2025414246223330N/A
3/31/2025422194245349N/A
12/31/2024427242274389N/A
9/30/2024457345350432N/A
6/30/2024491316387456N/A
3/31/2024483328447489N/A
12/31/2023489401501521N/A
9/30/2023552437538544N/A
6/30/2023636544530535N/A
3/31/2023738597469480N/A
12/31/2022771455412425N/A
9/30/2022734406330342N/A
6/30/2022651254279291N/A
3/31/2022556138266284N/A
12/31/2021491161242257N/A
9/30/202141257230244N/A
6/30/202134165237249N/A
3/31/202128641265266N/A
12/31/2020288101277282N/A
9/30/2020314110321328N/A
6/30/2020360157347370N/A
3/31/2020432260333394N/A
12/31/2019463193N/A413N/A
9/30/2019512317N/A402N/A
6/30/2019548308N/A410N/A
3/31/2019552242N/A399N/A
12/31/2018559275N/A385N/A
9/30/2018502132N/A360N/A
6/30/201844398N/A319N/A
3/31/2018399128N/A294N/A
12/31/2017361152N/A282N/A
9/30/2017337127N/A267N/A
6/30/2017332142N/A252N/A
3/31/201730166N/A235N/A
12/31/201626514N/A197N/A
9/30/2016250-28N/A209N/A
6/30/2016245-14N/A224N/A
3/31/2016264-99N/A236N/A
12/31/2015280-108N/A285N/A
9/30/2015332-436N/A335N/A
6/30/2015373-372N/A374N/A

Toekomstige groeivoorspellingen analisten

Verdiensten versus spaarpercentage: De verwachte winstgroei BSM ( 5.2% per jaar) ligt boven de spaarquote ( 3.5% ).

Winst versus markt: De winst van BSM ( 5.2% per jaar) zal naar verwachting langzamer groeien dan de markt US ( 17.1% per jaar).

Hoge groeiwinsten: De winst van BSM zal naar verwachting groeien, maar niet aanzienlijk.

Omzet versus markt: De omzet van BSM ( 10% per jaar) zal naar verwachting langzamer groeien dan de markt US ( 11.9% per jaar).

Hoge groei-inkomsten: De omzet van BSM ( 10% per jaar) zal naar verwachting langzamer groeien dan 20% per jaar.

Groeiprognoses winst per aandeel

Toekomstig rendement op eigen vermogen

Toekomstige ROE: Onvoldoende gegevens om te bepalen of het rendement op eigen vermogen van BSM naar verwachting over 3 jaar hoog zal zijn

Ontdek groeibedrijven

7D

1Y

7D

1Y

7D

1Y

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/06/09 06:35
Aandelenkoers aan het einde van de dag2026/06/09 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Black Stone Minerals, L.P. wordt gevolgd door 7 analisten. 2 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Timothy RezvanKeyBanc Capital Markets Inc.
Mark LearPiper Sandler Companies
John FreemanRaymond James & Associates