Black Stone Minerals, L.P.

NYSE:BSM Stock Report

Market Cap: US$2.9b

Black Stone Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Black Stone Minerals has a total shareholder equity of $1.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.2B and $44.5M respectively. Black Stone Minerals's EBIT is $373.2M making its interest coverage ratio 1063.2. It has cash and short-term investments of $21.0M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio1063.2x
CashUS$20.96m
EquityUS$1.17b
Total liabilitiesUS$44.52m
Total assetsUS$1.21b

Recent financial health updates

No updates

Recent updates

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

Dec 12

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

Oct 08

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

Aug 11

Black Stone Minerals: Overexposed To Natural Gas

Jul 30

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

May 10

Black Stone Minerals: A Distribution Cut Is Coming

Mar 12

Black Stone Minerals Remains A Great Energy Play

Feb 06

Black Stone Minerals: Production Jumps By 18% In Q3 2023

Dec 01

Black Stone Minerals: Production Increases And Better Nat Gas Prices Brighten Its Prospects

Nov 02

Black Stone Minerals: Preferred Unit Distribution May Be Adjusted Above 10%

Sep 28

The Dividend Investor's Natural Gas Export Playbook - Part 1

Sep 22

Black Stone Minerals: Distribution Cut Looks Likely In 2024

Aug 18

Black Stone Minerals: The 11% Yield Appears Sustainable In Current Environment

Aug 02

Black Stone Minerals: Can This 11.8%-Yielding Oil And Gas Play Sustain Its Cash Distribution?

Jul 18

The Dividend Investor's Oil Playbook - Part 4

Jun 21

Black Stone Minerals: Slightly Over $2 Per Unit In Projected 2023 DCF

Jun 07

Black Stone Minerals Q4 2022 Earnings Preview

Feb 20

Black Stone Minerals: Hedges And Shelby Trough To Power Upside

Feb 08

Black Stone Minerals, raises quarterly dividend by 5.6% to $0.475/share

Feb 01

Black Stone Minerals CFO Jeff Wood to leave company

Jan 19

Black Stone Minerals: 2023 Hedges Partially Reduce The Impact Of Lower Gas Prices

Jan 08

Black Stone Minerals: Distributions Poised To Increase In 2023

Dec 15

Black Stone Minerals, GAAP EPS of $0.75 beats by $0.34, revenue of $216.43M beats by $73.42M

Oct 31

Black Stone Minerals raises dividend by 7% to $0.45

Oct 19

My Top 2 Rated Stocks With Yields Over 9%

Oct 13

Black Stone Minerals: Distributions Should Increase Further In 2023

Sep 29

Financial Position Analysis

Short Term Liabilities: BSM's short term assets ($109.3M) exceed its short term liabilities ($19.5M).

Long Term Liabilities: BSM's short term assets ($109.3M) exceed its long term liabilities ($25.1M).


Debt to Equity History and Analysis

Debt Level: BSM is debt free.

Reducing Debt: BSM has no debt compared to 5 years ago when its debt to equity ratio was 36.4%.

Debt Coverage: BSM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BSM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 17:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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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 .

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.

AnalystInstitution
Mark LearCredit Suisse
Chad MabryFBR Capital Markets & Co.
Timothy RezvanKeyBanc Capital Markets Inc.