BSM Stock Overview
Owns and manages oil and natural gas mineral interests. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Black Stone Minerals, L.P. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.22 |
| 52 Week High | US$16.92 |
| 52 Week Low | US$12.80 |
| Beta | 0.50 |
| 1 Month Change | -5.83% |
| 3 Month Change | -8.32% |
| 1 Year Change | -9.54% |
| 3 Year Change | -7.72% |
| 5 Year Change | 149.47% |
| Change since IPO | -22.04% |
Recent News & Updates
Black Stone Minerals: A 10% Distribution For This Natural Gas Royalty Play (Rating Upgrade)
Feb 27Black Stone Minerals' Double-Digit Yield Looks To Benefit From Expanding Electricity Demand
Feb 19Recent updates
Black Stone Minerals: A 10% Distribution For This Natural Gas Royalty Play (Rating Upgrade)
Feb 27Black Stone Minerals' Double-Digit Yield Looks To Benefit From Expanding Electricity Demand
Feb 19Black Stone Minerals: Distribution Coverage Should Improve From Q3 2024 Levels
Dec 12Black Stone Minerals: Preferred Unit Redemption May Increase Distributable Cash Flow
Oct 08
Hedging Missteps And Acquisition Risks To Hamper Earnings Amidst Volatile Times
Sep 05 Emphasis on grassroots acquisitions and asset enhancement may increase debt without immediate returns, affecting net income and cash flow if expectations are not met.Black Stone Minerals: Well Covered 10.5% Yield And Debt Free Balance Sheet Make This A Buy
Aug 11Black Stone Minerals: Overexposed To Natural Gas
Jul 30Black Stone Minerals: Reduced Production Guidance Due To Low Natural Gas Prices
May 10Black Stone Minerals: A Distribution Cut Is Coming
Mar 12Black Stone Minerals Remains A Great Energy Play
Feb 06Black Stone Minerals: Production Jumps By 18% In Q3 2023
Dec 01Black Stone Minerals: Production Increases And Better Nat Gas Prices Brighten Its Prospects
Nov 02Black Stone Minerals: Preferred Unit Distribution May Be Adjusted Above 10%
Sep 28The Dividend Investor's Natural Gas Export Playbook - Part 1
Sep 22Black Stone Minerals: Distribution Cut Looks Likely In 2024
Aug 18Black Stone Minerals: The 11% Yield Appears Sustainable In Current Environment
Aug 02Black Stone Minerals: Can This 11.8%-Yielding Oil And Gas Play Sustain Its Cash Distribution?
Jul 18The Dividend Investor's Oil Playbook - Part 4
Jun 21Black Stone Minerals: Slightly Over $2 Per Unit In Projected 2023 DCF
Jun 07Black Stone Minerals Q4 2022 Earnings Preview
Feb 20Black Stone Minerals: Hedges And Shelby Trough To Power Upside
Feb 08Black Stone Minerals, raises quarterly dividend by 5.6% to $0.475/share
Feb 01Black Stone Minerals CFO Jeff Wood to leave company
Jan 19Black Stone Minerals: 2023 Hedges Partially Reduce The Impact Of Lower Gas Prices
Jan 08Black Stone Minerals: Distributions Poised To Increase In 2023
Dec 15Shareholder Returns
| BSM | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -0.2% | -2.1% | -3.0% |
| 1Y | -9.5% | -11.2% | 4.6% |
Return vs Industry: BSM exceeded the US Oil and Gas industry which returned -12.5% over the past year.
Return vs Market: BSM underperformed the US Market which returned 5.9% over the past year.
Price Volatility
| BSM volatility | |
|---|---|
| BSM Average Weekly Movement | 4.4% |
| Oil and Gas Industry Average Movement | 8.1% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 4.0% |
Stable Share Price: BSM has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: BSM's weekly volatility (4%) has been stable over the past year.
Community vs My Fair Value
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About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1876 | n/a | Thomas Carter | www.blackstoneminerals.com |
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 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.
Black Stone Minerals, L.P. Fundamentals Summary
| BSM fundamental statistics | |
|---|---|
| Market cap | US$2.96b |
| Earnings (TTM) | US$241.86m |
| Revenue (TTM) | US$426.97m |
12.4x
P/E Ratio7.0x
P/S RatioIs BSM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BSM income statement (TTM) | |
|---|---|
| Revenue | US$426.97m |
| Cost of Revenue | US$59.28m |
| Gross Profit | US$367.69m |
| Other Expenses | US$125.83m |
| Earnings | US$241.86m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.15 |
| Gross Margin | 86.12% |
| Net Profit Margin | 56.65% |
| Debt/Equity Ratio | 2.2% |
How did BSM perform over the long term?
See historical performance and comparisonDividends
10.5%
Current Dividend Yield131%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/16 05:03 |
| End of Day Share Price | 2025/04/16 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Black Stone Minerals, L.P. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Lear | Credit Suisse |
| Chad Mabry | FBR Capital Markets & Co. |
| Timothy Rezvan | KeyBanc Capital Markets Inc. |