Black Stone Minerals, L.P.
BSMNYSE
$14.31
↑ +0.1%Jul 17 close · end-of-day
Price
1Y↑ +21.6%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
—
Enterprise Value
—
P/E
—
P/S
—
P/B
—
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$470.0M
Net Income (TTM)
—
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
65.5%
Net Margin
—
ROE
—
ROIC
—
Debt / Equity
—
Net Cash
$11.6M
Return 1Y
+26.4%
Company profile
Black Stone Minerals, L.P. owns mineral interests in approximately 16.8 million gross acres. As of December 31, 2021, the company had a total estimated proved proved oil and natural gas reserves of 59,824 barrels of oil equivalent.
- CEO
- Thomas L. Carter
- Sector
- Mining
- Industry
- Petroleum And Natural Gas
- Employees
- 110
- Headquarters
- Texas
- Website
- blackstoneminerals.com
Management & directors
- Carter Thomas L JrCEO, President, and Chairman
- Putman Luke StevensSVP, General Counsel, and Sec
- Bonner ChrisSVP, CFO, and Treasurer
- Carter FowlerCo-CEO and President
- Dewalch TaylorCo-CEO and President
- Phillips Erin LeahController (PAO)
Roles derived from SEC Form 4 filings.
Earnings
BSM Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$59.4M↑ +0.2%
Diluted EPS——
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $342.8M | $359.3M | $663.6M | $592.2M | $433.7M | $469.9M |
| Gross profit | — | — | — | — | — | — |
| Operating income | $132.1M | $187.3M | $482.5M | $423.6M | $273.1M | $308.4M |
| Net income | $121.8M | $182.0M | $476.5M | $422.5M | $271.3M | $299.9M |
| Diluted EPS | — | — | — | — | — | — |
| Operating cash flow | $281.8M | $256.9M | $425.0M | $521.3M | $389.0M | $310.2M |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 38.5% | 52.1% | 72.7% | 71.5% | 63.0% | 65.6% |
| Net margin | 35.5% | 50.7% | 71.8% | 71.4% | 62.6% | 63.8% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109.6M | $134.9M | $83.7M | $59.3M | $159.5M | $132.5M | $118.7M | $59.4M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $68.5M | $93.1M | $47.5M | $17.2M | $122.3M | $94.1M | $74.9M | $16.6M |
| Net income | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — | — |
| Operating cash flow | $100.4M | $93.2M | $91.0M | $64.8M | $80.5M | $99.8M | $65.1M | $62.6M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 62.5% | 69.1% | 56.8% | 29.0% | 76.7% | 71.0% | 63.1% | 28.0% |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Jul 9, 2026
Jun 17, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-02 | Stuart Alexander D. | Award | 1,700 | $13.97 | $23,749.00 | filing |
| 2026-07-02 | Randall William E. | Award | 1,610 | $13.97 | $22,491.70 | filing |
| 2026-07-02 | Hamman Anne Lenoir | Award | 1,342 | $13.97 | $18,747.74 | filing |
| 2026-07-02 | DeWalch D Mark | Award | 1,342 | $13.97 | $18,747.74 | filing |
| 2026-07-02 | Kyle Jerry V. Jr. | Award | 1,342 | $13.97 | $18,747.74 | filing |
| 2026-06-01 | DeWalch D Mark | Buy | 36,363 | $13.62 | $495,325.88 | filing |
| 2026-05-29 | DeWalch D Mark | Buy | 36,363 | $13.48 | $490,027.79 | filing |
| 2026-05-28 | DeWalch D Mark | Buy | 37,650 | $13.21 | $497,341.44 | filing |
| 2026-05-13 | Carter Thomas L Jr· Executive Chairman | Buy | 1,120 | $13.50 | $15,119.89 | filing |
| 2026-05-12 | Carter Thomas L Jr· Executive Chairman | Buy | 19,154 | $13.48 | $258,107.81 | filing |
| 2026-05-12 | Longmaid Ashley J | Sale | 11,128 | $13.45 | $149,697.19 | filing |
| 2026-05-11 | Carter Thomas L Jr· Executive Chairman | Buy | 25,000 | $13.47 | $336,855.00 | filing |
| 2026-05-08 | Carter Thomas L Jr· Executive Chairman | Buy | 23,604 | $13.32 | $314,372.23 | filing |
| 2026-05-05 | Putman Luke Stevens· SVP, General Counsel, and Sec | Sale | 29,386 | $13.75 | $403,998.73 | filing |
| 2026-04-06 | Putman Luke Stevens· SVP, General Counsel, and Sec | Sale | 29,386 | $14.45 | $424,677.66 | filing |
| 2026-04-06 | Putman Luke Stevens· SVP, General Counsel, and Sec | Sale | 29,386 | $14.45 | $424,677.66 | filing |
| 2026-04-02 | Stuart Alexander D. | Award | 1,570 | $15.12 | $23,738.40 | filing |
| 2026-04-02 | Randall William E. | Award | 1,488 | $15.12 | $22,498.56 | filing |
| 2026-04-02 | Kyle Jerry V. Jr. | Award | 1,240 | $15.12 | $18,748.80 | filing |
| 2026-04-02 | DeWalch D Mark | Award | 1,240 | $15.12 | $18,748.80 | filing |
| 2026-04-02 | Hamman Anne Lenoir | Award | 473 | $15.12 | $7,151.76 | filing |
| 2026-03-11 | Hamman Anne Lenoir | Award | 6,613 | $0.00 | $0.00 | filing |
| 2026-03-05 | Putman Luke Stevens· SVP, General Counsel, and Sec | Sale | 30,276 | $15.25 | $461,584.87 | filing |
| 2026-03-05 | Putman Luke Stevens· SVP, General Counsel, and Sec | Sale | 30,276 | $15.25 | $461,584.87 | filing |
| 2026-02-24 | Carter Thomas L Jr· Executive Chairman | Tax withholding | 53,641 | $15.23 | $816,952.43 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.