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StockVS

NYSE · Oil & Gas E&P · USD

Black Stone Minerals, L.P. (BSM) Stock Analysis

Black Stone Minerals, L.P. (BSM) is a Oil & Gas E&P stock listed on NYSE and quoted in US Dollar.

BSM

$14.65

−$0.03 (−0.20%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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BSM Key Statistics

As of Sep 4, 2026
Trading
Open
$14.70
Previous Close
$14.68
Day's Range
14.51–14.77
52-Week Range
11.78–15.49
Volume
135.20K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.02
Valuation
Market Cap
$3.12B
P/E Ratio
12.21
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.63
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.36
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
7.36
EPS (ttm)Profit attributable to each share over the last twelve months.
1.20
Financials (FY)
Revenue (FY)
$422.33M−3.89%
Net Income (FY)
$299.93M+10.54%
Profit marginThe share of revenue left as profit after all costs and taxes.
66.95%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
212.71M
1-Year Return
+31.61%
Dividend and dates
Dividend
$1.22+8.31%
Ex-Dividend Date
August 6, 2026
Earnings Date
November 2, 2026estimated
Avg Volume
365.36K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

BSM Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+17.61%
2025+0.56%
2024+1.47%
2023+5.85%
2022+80.82%
2021+67.42%
2020−42.97%
2019−9.53%
2018−7.04%
2017+2.50%
2016 (partial year)+16.62%

As of September 4, 2026.

BSM Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$422.33M$299.93M71.0%
2024$439.43M$271.33M61.7%
2023$501.10M$422.55M84.3%
2022$784.28M$476.48M60.8%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$422.33M$336.28M$260.81M$299.93M71.0%
2024$439.43M$334.95M$278.84M$271.33M61.7%
2023$501.10M$387.05M$332.41M$422.55M84.3%
2022$784.28M$657.87M$603.16M$476.48M60.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

BSM Dividend History

$1.35−15.6% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.923—
2025$1.354−15.6%
2024$1.604−15.8%
2023$1.904+23.4%
YearDividends per sharePaymentsChange
2026 (partial year)$0.923—
2025$1.354−15.6%
2024$1.604−15.8%
2023$1.904+23.4%
2022$1.544+81.2%
2021$0.854+25.0%
2020$0.684−54.1%
2019$1.484+10.9%
2018$1.334+11.0%
2017$1.204+317.4%
2016$0.291—

Most recent payment: $0.31 per share, ex-dividend August 6, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

BSM Valuation vs Oil & Gas E&P Median

Median of 122 stocks
MetricBSMOil & Gas E&P medianvs median
P/E12.2115.0019% below
P/S ratio7.362.333.2x the median
Profit margin66.95%11.54%55.4 pts above

Medians across 122 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 14 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Black Stone Minerals, L.P. (BSM) is capitalised at $3.12B on the latest close. It is classified in the Oil & Gas E&P industry, within the Energy sector.

The 52-week range on file runs from $11.78 to $15.49. The most recent close on file for BSM is $14.65, dated September 4, 2026. That is −$0.03 (−0.20%) against the previous close. The latest close sits 24.36% above that 52-week low.

Financial Health

In fiscal 2025, Black Stone Minerals, L.P. reported revenue of $422.33M. Against the prior fiscal year total of $439.43M, that is a change of −3.89%. Net income for the same year was $299.93M. That is +10.54% against the prior fiscal year. The reported profit margin is 66.95%. That is 55.4 percentage points above the Oil & Gas E&P median of 11.54%. Earnings per share on a trailing basis come to 1.2.

Across the 4 fiscal years on file, revenue moves from $784.28M in 2022 to $422.33M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 12.21. That is 18.6% below the Oil & Gas E&P median of 15. On forward earnings the ratio is 12.63. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.36. Measured against sales, the shares trade at 7.36 times revenue. On price-to-sales that is 3.2 times the Oil & Gas E&P median of 2.33. 122 Oil & Gas E&P companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned +31.61%. Measured over 10 years, that is +7.98% a year compounded. Beta against the wider market is reported at 0.02. Daily returns over the trailing 10 years annualize to a volatility of 31.32%.

Growth & Income

BSM pays a dividend yielding 8.31%. That is 4.8 percentage points above the Oil & Gas E&P median yield of 3.49%. At the indicated rate that is $1.22 a share a year. The ex-dividend date on file is August 6, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.92 a share. The year before, 2025, totalled $1.35 a share.

Across the complete calendar years on file, 2022 returned +80.82% and 2020 returned −42.97%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +17.61% year to date.

Peer Comparison

Black Stone Minerals, L.P. (BSM) operates in the Oil & Gas E&P industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Black Stone Minerals, L.P. BSM $3.12B 12.2
ConocoPhillips COP $161.29B 17.9
Canadian Natural Resources Limited CNQ $104.02B 12.5
EOG Resources, Inc. EOG $76.16B 11.4

The Oil & Gas E&P industry average P/E ratio is 15.0x. Black Stone Minerals, L.P. trades at a P/E of 12.2.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Black Stone Minerals, L.P.

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.9 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.

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