Black Stone Minerals' low-cost royalty model, evidenced by a 78% average gross margin over the last four quarters, provides structural resilience against commodity price swings, though revenue volatility persists with a 35% sequential drop in 2026Q2. The compa...
Price trend, volume and key moving averages
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 3, 2026 | $0.47+104.3% vs $0.23 | $149M+37.6% vs $108M |
Q2 2026 May 4, 2026 | $0.03-86.4% vs $0.22 | $124M+15.4% vs $107M |
Q1 2026 Feb 23, 2026 | $0.31+14.8% vs $0.27 | $119M+20.6% vs $98M |
Q4 2025 Nov 3, 2025 | $0.40+42.9% vs $0.28 | $78M-20.6% vs $98M |
Black Stone Minerals, L.P. (NYSE: BSM - Get Free Report) Director James Whitehead sold 2,127,105 shares of the stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $13.21, for a total value of $28,099,057.05. The transaction was disclosed in a filing with the Securities and Exchange Commission, which
Black Stone Minerals NYSE: BSM reported second-quarter results marked by lower overall production but stronger oil pricing, continued mineral acquisitions and expanding development activity across its Shelby Trough and Haynesville acreage.
Black Stone Minerals, L.P. Common Units (BSM) Q2 2026 Earnings Call Transcript
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone Minerals," "Black Stone," or "the Partnership") today announces its financial and operating results for the second quarter of 2026. Financial and Operational Highlights Net income for the second quarter was $106.4 million, and Adjusted EBITDA for the quarter totaled $91.3 million. Distributable cash flow was $80.4 million for the second quarter. Mineral and royalty production for the second quarter of 2026 equaled 32.
Benchmark BSM against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Black Stone Minerals, L.P. (BSM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $14.56 | $3.09B | 11.38 | -3.89% | 71.02% | 26.61% | 9.27% | |
| $40.93 | $14.74B | -85.27 | 56.56% | 3% | 0.56% | — | |
| $335.74 | $23.16B | 48.17 | 13.09% | 60.32% | 35.77% | — | |
| $29.11 | $1.4B | 24.26 | -5.38% | 45.68% | 28.58% | — | |
| $107.58 | $1.43B | 10.72 | -17.42% | 54% | 16.56% | — | |
| $32.56 | $24.72B | 14.47 | 40.07% | 21.68% | 11.26% | — |
Black Stone Minerals, L.P. (BSM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Black Stone Minerals, L.P. (BSM) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 4, 2026·SEC
Jun 16, 2026·SEC
May 5, 2026·SEC
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Black Stone Minerals, L.P. (BSM) stock FAQ — growth, dividends, profitability & financials explained
Black Stone Minerals, L.P. (BSM) reported $483.7M in revenue for fiscal year 2025. This represents a 31% increase from $369.0M in 2012.
Black Stone Minerals, L.P. (BSM) saw revenue decline by 3.9% over the past year.
Yes, Black Stone Minerals, L.P. (BSM) is profitable, generating $283.6M in net income for fiscal year 2025 (71.0% net margin).
Yes, Black Stone Minerals, L.P. (BSM) pays a dividend with a yield of 9.27%. This makes it attractive for income-focused investors.
Black Stone Minerals, L.P. (BSM) has a return on equity (ROE) of 26.6%. This is excellent, indicating efficient use of shareholder capital.
Black Stone Minerals, L.P. (BSM) generated $258.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
