Black Stone Minerals (BSM)
NYSE:BSM
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BSM Stock Chart & Stats
$13.67
$0.02(0.14%)
At close: 4:00 PM EST
$13.67
$0.02(0.14%)
Day’s Range― - ―
52-Week Range$11.78 - $15.49
Previous CloseN/A
Volume107.77K
Average Volume (3M)442.08K
Market Cap
$3.02B
Enterprise Value$3.18B
Total Cash (Recent Filing)$1.48M
Total Debt (Recent Filing)$154.00M
Price to Earnings (P/E)9.4
Beta0.26
Next Earnings
May 04, 2026EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend Yield9.94%
Share Statistics
EPS (TTM)1.28
Shares Outstanding212,333,790
10 Day Avg. Volume478,550
30 Day Avg. Volume442,083
Financial Highlights & Ratios
PEG Ratio0.83
Price to Book (P/B)2.50
Price to Sales (P/S)6.66
P/FCF Ratio9.43
Enterprise Value/Market Cap1.05
Enterprise Value/Revenue8.04
Enterprise Value/Gross Profit10.71
Enterprise Value/Ebitda9.16
Forecast
1Y Price Target
$14.00Price Target Upside2.41% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.91
Revenue Forecast (FY)$444.61M
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet / Minimal LeverageMinimal long-term leverage materially reduces solvency and refinancing risk across commodity cycles. With little debt, the partnership has durable financial flexibility to fund acquisitions, seismic investment and distributions during downcycles, supporting steadier long-term cash returns.
High Cash Conversion And MarginsVery strong cash conversion and high margins create lasting capacity to fund distributions, seismic and acquisitions without relying on debt. Persistent FCF linkage to earnings supports resilient cash returns and reinvestment even as revenue levels ebb and flow with commodity cycles.
Contracted Development And Inventory BuildBinding development commitments and recent acreage acquisitions create a durable production pipeline that should drive multi-year volume growth as operator drilling ramps. Proprietary seismic and inventory expansion enhance visibility into returns and increase optionality for future drilling and licensing revenue.
Bears Say
Recent Production Decline And VolatilityDeclining and volatile production highlights sensitivity to operator activity and basin cycles; sustained softness erodes royalty volumes and cash flow. Because BSM does not operate wells, prolonged lower drilling or delayed operator schedules can materially depress revenue and distributions for multiple quarters.
Modest Distributable Cash Flow CoverageThin coverage leaves limited downside protection for the distribution against commodity weakness or unexpected costs. Over time, persistently low coverage constrains the partnership’s ability to raise reinvestment or absorb shocks without cutting payouts or more aggressively drawing on liquidity.
Material Seismic Expense In 2026While strategic, the concentrated 2026 seismic charge will reduce reported EBITDA and distributable cash flow that year, tightening coverage and possibly limiting discretionary activity. The timing of expensing creates a near-term drag that can pressure distributions and capital allocation flexibility.
Black Stone Minerals News
BSM FAQ
What was Black Stone Minerals’s price range in the past 12 months?
Black Stone Minerals lowest stock price was $11.78 and its highest was $15.49 in the past 12 months.
What is Black Stone Minerals’s market cap?
Black Stone Minerals’s market cap is $3.02B.
When is Black Stone Minerals’s upcoming earnings report date?
Black Stone Minerals’s upcoming earnings report date is May 04, 2026 which is today.
How were Black Stone Minerals’s earnings last quarter?
Currently, no data Available
Is Black Stone Minerals overvalued?
According to Wall Street analysts Black Stone Minerals’s price is currently Undervalued.
Does Black Stone Minerals pay dividends?
Black Stone Minerals pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 9.94%. See more information on Black Stone Minerals dividends here
What is Black Stone Minerals’s EPS estimate?
Black Stone Minerals’s EPS estimate is 0.21.
How many shares outstanding does Black Stone Minerals have?
Black Stone Minerals has 212,333,790 shares outstanding.
What happened to Black Stone Minerals’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Black Stone Minerals?
Currently, no hedge funds are holding shares in BSM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Black Stone Minerals Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$14.00 (2.41% Upside)
$14.00 (2.41% Upside)
Blogger Sentiment
Bullish
BSM Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 55.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $886.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 8.7%
Last 30 Days ▲ 8.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.68%
12-Months-Change
Fundamentals
Return on Equity
27.16%
Trailing 12-Months
Asset Growth
9.57%
Trailing 12-Months
Company Description
Black Stone Minerals
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.7 million gross acres located in 41 states in the United States. As of December 31, 2021, the company had a total estimated proved oil and natural gas reserves of 59,824 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.
BSM Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a constructive long-term growth story driven by large development agreements, meaningful acreage acquisitions (~$240M since 2023), proprietary seismic investment covering ~360,000 acres, and maintained distributions supported by hedges. Near-term challenges include an 11% QoQ decline in mineral & royalty production, significant seismic expense accruing in 2026, modest distributable cash flow coverage (1.05x), and commodity price uncertainty (Henry Hub strip < $3.50 for much of the year). Management emphasized confidence in funding the $0.30 distribution and a material production ramp through 2026 as contracted wells come online, implying that the positives (contracted development, inventory, and financial results) outweigh the near-term headwinds.View all BSM earnings summariesBSM Stock 12 Month Forecast
Average Price Target
$14.00
▲(2.41% Upside)
Technical Analysis
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Ownership Overview
16.40% Insiders
1.19% Mutual Funds
1.49% Other Institutional Investors
79.48% Public Companies and
Individual Investors