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    Black Stone Minerals LP (BSM)

    Official site

    ENERGY • OIL & GAS E&P • NYSE

    $14.76
    -0.03 (-0.24%)

    Market Cap: $3.18B

    Last updated: Oct 16, 2026 at 1:54 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    74%(29/39)
    Avg Surprise
    +30.94%
    Streak
    4 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.21
    Range$0.21 - $0.21
    1 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.23-10.6%
    60d ago$0.26-17.6%
    30d ago$0.26-17.6%
    7d ago$0.210.0%
    Current$0.21
    Revenue Consensus
    $105M
    Range$105M - $105M
    1 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.41
    Range$0.32 - $0.49
    2 analysts
    Revenue Consensus
    $118M
    Range$118M - $118M
    1 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.41---
    Sep 26EST
    		-$0.21---
    Jun 26
    Reported Aug 3
    		$0.47$0.22+113.64%Beat+67.9%
    Mar 26
    Reported May 4
    		$0.28$0.23+21.74%Beat-3.4%
    Dec 25
    Reported Feb 23
    		$0.31$0.26+19.23%Beat-4.6%
    Sep 25
    Reported Nov 3
    		$0.30$0.29+3.45%Beat-3.2%
    Jun 25
    Reported Aug 4
    		$0.28$0.33-15.15%Miss-24.3%
    Mar 25
    Reported May 5
    		$0.29$0.33-12.12%Miss-25.6%
    Dec 24
    Reported Feb 24
    		$0.33$0.33-1.48%Miss-50.0%
    Sep 24
    Reported Nov 4
    		$0.31$0.36-13.89%Miss-40.4%
    Jun 24
    Reported Aug 5
    		$0.37$0.37+0.00%Beat-14.0%
    Mar 24
    Reported May 6
    		$0.39$0.35+11.43%Beat-2.5%
    Dec 23
    Reported Feb 19
    		$0.65$0.49+32.65%Beat-20.7%
    Sep 23
    Reported Oct 30
    		$0.52$0.45+15.56%Beat+18.2%
    Jun 23
    Reported Jul 31
    		$0.43$0.39+10.26%Beat+4.9%
    Mar 23
    Reported May 1
    		$0.40$0.48-16.67%Miss+8.1%
    Dec 22
    Reported Feb 21
    		$0.82$0.41+100.00%Beat+36.7%
    Sep 22
    Reported Oct 31
    		$0.44$0.42+4.76%Beat+69.2%
    Jun 22
    Reported Aug 1
    		$0.41$0.40+2.50%Beat+64.0%
    Mar 22
    Reported May 2
    		$0.37$0.33+12.12%Beat+362.5%
    Dec 21
    Reported Feb 21
    		$0.60$0.19+215.79%Beat+185.7%
    Sep 21
    Reported Nov 1
    		$0.26$0.16+62.50%Beat-13.3%
    Jun 21
    Reported Aug 2
    		$0.25$0.14+78.57%Beat+19.0%
    Mar 21
    Reported May 4
    		$0.08$0.13-38.46%Miss-76.5%
    Dec 20
    Reported Feb 22
    		$0.21$0.20+5.00%Beat-30.0%
    Sep 20
    Reported Nov 2
    		$0.30$0.18+66.67%Beat+11.1%
    Jun 20
    Reported Aug 3
    		$0.21$0.18+16.67%Beat-27.6%
    Mar 20
    Reported May 4
    		$0.34$0.19+78.95%Beat+47.8%
    Dec 19
    Reported Feb 24
    		$0.30$0.27+11.11%Beat-58.3%
    Sep 19
    Reported Nov 4
    		$0.27$0.30-10.00%Miss+0.0%
    Jun 19
    Reported Aug 5
    		$0.29$0.27+7.41%Beat-39.6%
    Mar 19
    Reported May 6
    		$0.23$0.26-11.54%Miss-8.0%
    Dec 18
    Reported Feb 25
    		$0.72$0.27+166.67%Beat+84.6%
    Sep 18
    Reported Nov 5
    		$0.27$0.28-3.57%Miss+50.0%
    Jun 18
    Reported Aug 6
    		$0.48$0.26+84.62%Beat+166.7%
    Mar 18
    Reported May 7
    		$0.25$0.18+38.89%Beat+8.7%
    Dec 17
    Reported Feb 26
    		$0.39$0.18+116.67%Beat+254.5%
    Sep 17
    Reported Nov 6
    		$0.18$0.14+28.57%Beat-
    Jun 17
    Reported Aug 7
    		$0.18$0.18+0.00%Beat-
    Mar 17
    Reported May 8
    		$0.23$0.17+35.29%Beat-
    Dec 16
    Reported Feb 27
    		$0.11$0.16-31.25%Miss-

    Dividends

    Dividend Metrics

    Forward Yield8.68%
    Forward Annual Dividend$1.28
    Payout Ratio91.46%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR-4.29%
    5Y CAGR+14.70%
    BSM dividend history and ex-dividend datesRun BSM in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio10.85EV/EBITDA9.97x
    Price/FCF15.36xFCF Yield6.51%
    Profitability
    Profit Margin66.90%Operating Margin95.40%
    ROE25.60%ROIC23.04%
    Financial Health
    Debt/Equity0.25xInterest Coverage23.78x
    Current Ratio3.76xQuick Ratio3.76x
    Trading Statistics
    Beta0.12Avg Volume340.05K
    52-Week High$15.2052-Week Low$11.32

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$14.74
    SMA 20$14.65
    SMA 50$14.69
    SMA 200$14.10
    EMA 10$14.75
    EMA 20$14.71
    EMA 50$14.60
    EMA 200$14.01

    MACD

    Line: 0.03Signal: 0.01Hist: 0.02

    ADX

    ADX: 18.8+DI: 17.1-DI: 13.9

    Aroon & PSAR

    Aroon Up12.0
    Aroon Down56.0
    PSAR$14.57

    Bollinger Bands

    Upper Band$15.02
    Lower Band$14.29
    %B Position496%(Upper)
    Band Width0.64

    RSI (14-Day)

    Neutral
    52.3

    Momentum Oscillators

    Stoch %K79.4
    Stoch %D84.8
    Williams %R-31.3
    ROC (10d)1.9%
    Momentum0.28
    CCI (20d)46.5
    MFI (14d)63.2

    Volatility Measures

    ATR (14d)$0.23(1.6%)
    StdDev (20d)0.18
    Hist Vol12.8%(Low)

    Volume Flow

    VWAP$14.76
    OBV-2.8M
    AD Line-893.7M
    CMF (20d)-0.068

    Volume Metrics

    Avg Vol (20d)331.7K
    Vol Ratio0.9x
    VWMA (20d)$14.66

    Pivot Points

    R3$15.24
    R2$15.11
    R1$14.95
    Pivot Point$14.82
    S1$14.66
    S2$14.53
    S3$14.37

    Advanced Oscillators

    TSI4.22
    Ultimate Osc46.2
    KST-5.84

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$148.97M$59.36M$118.70M$132.47M$159.49M$59.25M$83.73M$134.86M$109.62M$105.49M$190.84M$109.80M
    Cost of Revenue$0$0$29.77M$0$0$0$23.92M$0$0$0$30.01M$0
    Gross Profit$148.97M$59.36M$118.70M$132.47M$159.49M$59.25M$83.73M$134.86M$109.62M$105.49M$190.84M$109.80M
    Operating Expenses$38.90M$42.72M$43.85M$38.37M$37.21M$42.09M$36.20M$41.74M$41.13M$41.52M$43.24M$47.76M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$16.08M$16.83M$14.08M$12.29M$13.92M$15.17M$11.80M$12.80M$13.39M$14.09M$12.51M$14.45M
    Operating Income$110.07M$16.64M$74.85M$94.10M$122.28M$17.16M$47.52M$93.12M$68.49M$63.97M$147.60M$62.03M
    Interest Income$57,000$32,000$55,000$62,000$56,000$64,000$190,000$344,000$462,000$670,000$826,000$511,000
    Interest Expense$3.82M$3.36M$2.84M$2.43M$2.27M$1.40M$1.13M$724,000$626,000$629,000$674,000$621,000
    Income Before Tax$106.36M$13.27M$72.23M$91.73M$120.03M$15.95M$46.35M$92.73M$68.32M$63.93M$147.65M$62.07M
    Income Tax Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Net Income$106.36M$13.27M$72.23M$91.73M$120.03M$15.95M$46.35M$92.73M$68.32M$63.93M$147.65M$62.07M
    EBITDA$119.78M$26.65M$83.93M$104.27M$131.71M$26.68M$58.50M$104.64M$80.11M$75.79M$159.51M$74.81M
    EBIT$110.12M$16.60M$75.01M$94.09M$122.24M$17.28M$47.29M$93.11M$68.49M$63.89M$147.50M$62.18M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Form 4 Black Stone Minerals For: 12 October By Investing.com

    This article announces the publication of a Form 4 filing for Black Stone Minerals on October 12, 2026. Form 4 filings are legally required documents in the United States that report changes in beneficial ownership...

    Investing.com Nigeria•10/12/26•Neutral

    Form 4 Black Stone Minerals For: 12 October By Investing.com

    This article from Investing.com announces the filing of a Form 4 for Black Stone Minerals on October 12. It contains the stock symbol BSM and a minor price change. The content also includes various market data...

    Investing.com India•10/12/26•Neutral

    Black Stone Minerals, L.P. (BSM) Stock Price, News, Quote & History

    This article provides a detailed financial overview of Black Stone Minerals, L.P. (BSM), including its stock price, historical data, and key financial metrics. It highlights the company's performance against the S&P 500...

    Yahoo! Finance Canada•10/10/26•Somewhat-Bullish

    Black Stone Minerals Q3 2026 Earnings Date and Estimates

    Black Stone Minerals (BSM) is projected to release its Q3 2026 earnings on Monday, November 2, 2026, after market close...

    MarketBeat•10/8/26•Somewhat-Bearish

    Black Stone Minerals stock gets fresh insider filing after Q2 beat

    Black Stone Minerals (BSM) reported strong Q2 2026 results, with revenue of $148.97 million and net income of $106.36 million...

    AD HOC NEWS•10/6/26•Somewhat-Bullish

    BSM Valuation and Fair Value

    P/E
    10.8x
    Forward P/E
    12.3x
    EV/EBITDA
    10.0x
    P/FCF
    15.4x
    PEG
    1.4x
    P/B
    3.9x
    See GNG's fair value

    BSM Profitability: Margins, ROIC and FCF

    Gross margin
    100.0%
    Operating margin
    95.4%
    Net margin
    66.9%
    ROIC
    23.0%
    ROE
    25.6%
    FCF margin
    44.5%
    FCF yield
    6.5%

    BSM Competitors

    CompanyTicker
    Alliance Resource Partners LPARLP
    Enerflex Ltd.EFXT
    Delek Logistics Partners LPDKL
    Liberty Energy Inc.LBRT
    Teekay Tankers LtdTNK
    Gulfport Energy Operating CorpGPOR
    USA Compression Partners LPUSAC
    Seadrill LimitedSDRL

    Sector: Energy

    BSM Analyst Ratings

    Consensus
    Hold
    Analysts
    3
    Strong Buy
    0
    Buy
    0
    Hold
    3
    Sell
    0
    Strong Sell
    0

    BSM Bull Case vs Bear Case

    Bull case

    • BSM earns a 23.0% return on invested capital.
    • BSM converts 44.5% of revenue into free cash flow.
    • BSM has a 66.9% net profit margin.

    BSM Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    14.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.21
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    BSM Dividend

    Forward yield
    8.7%
    Payout ratio
    91.5%
    3Y DPS growth
    -4.3%
    5Y DPS growth
    14.7%
    Pay months
    Feb, May, Aug, Nov
    BSM dividend history

    Frequently Asked Questions About BSM

    What is BSM's current dividend yield?

    Black Stone Minerals LP (BSM) has a forward dividend yield of 8.68%.

    Does BSM pay dividends?

    Yes, Black Stone Minerals LP pays dividends with a forward dividend yield of 8.68%.

    What is BSM's P/E ratio?

    Black Stone Minerals LP has a price-to-earnings (P/E) ratio of 10.85.

    What is BSM's market cap?

    Black Stone Minerals LP (BSM) has a market capitalization of $3.18B with a current stock price of $14.76.

    Related stocks

    Sector: Energy

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