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Black Stone Minerals LP (BSM)
NYSE:BSM
US Market
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Black Stone Minerals (BSM) Price & Analysis

1,164 Followers

BSM Stock Chart & Stats

$14.65
$0.09(0.62%)
At close: 4:00 PM EDT
$14.65
$0.09(0.62%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationConsistent high cash conversion and large trailing free cash flow provide durable coverage for distributions, capital deployment, and acquisitions. Strong FCF ability supports long-term payout sustainability and funding for opportunistic mineral purchases without heavy reliance on external financing.
Conservative Balance Sheet And High ROEA sizable equity base and historically strong returns on equity indicate efficient capital use and resilience to cyclical swings. Moderate absolute debt levels relative to assets and equity leave capacity for selective deals while preserving financial flexibility over a multi-quarter horizon.
Focused Acquisition & Development ProgramAn active, targeted acquisition program in core development basins expands royalty cash flows and scale. Buying assets adjacent to high-activity acreage increases probability of production infill and reserve growth, underpinning more stable long-term royalty income as nearby operator programs progress.
Bears Say
Commodity And Operator SensitivityAs a non‑operating minerals and royalty owner, revenue is structurally linked to commodity prices and operator drilling schedules. That dependence creates persistent volatility in receipts and makes multi‑quarter cash flow visibility contingent on third‑party capex and commodity cycles, limiting predictability.
Rising Leverage And Preferred StockThe jump from minimal leverage to higher funded obligations and substantial preferred equity increases refinancing and allocation risk. With a decision window on preferred approaching, capital structure complexity could constrain distributions or require cash/redemption actions in adverse commodity environments.
Operator-Specific Execution RiskReliance on many third‑party operators means partner operational issues can delay well turn‑ins and expected royalty inflows. Operator setbacks materially affect timing of production and cash receipts across basins, making multi‑period growth assumptions vulnerable to execution disruptions beyond the company’s direct control.

Black Stone Minerals News

BSM FAQ

What was Black Stone Minerals LP’s price range in the past 12 months?
Black Stone Minerals LP lowest stock price was $11.78 and its highest was $15.49 in the past 12 months.
    What is Black Stone Minerals LP’s market cap?
    Black Stone Minerals LP’s market cap is $3.17B.
      When is Black Stone Minerals LP’s upcoming earnings report date?
      Black Stone Minerals LP’s upcoming earnings report date is Nov 02, 2026 which is in 71 days.
        How were Black Stone Minerals LP’s earnings last quarter?
        Black Stone Minerals LP released its earnings results on Aug 03, 2026. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.24.
          Is Black Stone Minerals LP overvalued?
          According to Wall Street analysts Black Stone Minerals LP’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Black Stone Minerals LP pay dividends?
            Black Stone Minerals LP pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 8.19%. See more information on Black Stone Minerals LP dividends here
              What is Black Stone Minerals LP’s EPS estimate?
              Black Stone Minerals LP’s EPS estimate is 0.25.
                How many shares outstanding does Black Stone Minerals LP have?
                Black Stone Minerals LP has 212,710,570 shares outstanding.
                  What happened to Black Stone Minerals LP’s price movement after its last earnings report?
                  Black Stone Minerals LP reported an EPS of $0.47 in its last earnings report, beating expectations of $0.23. Following the earnings report the stock price went down -1.8%.
                    Which hedge fund is a major shareholder of Black Stone Minerals LP?
                    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

                      Company Description

                      Black Stone Minerals LP

                      Black Stone Minerals, L.P. (BSM) is a U.S. oil and gas minerals and royalty company that acquires, owns, and manages mineral and royalty interests across multiple producing basins. The company typically does not operate wells; instead, it participates in hydrocarbon production through leased mineral rights and royalty arrangements, focusing on generating cash flow from oil and natural gas produced by third-party operators on lands where BSM owns the underlying mineral/royalty interests.

                      Black Stone Minerals (BSM) Earnings & Revenues

                      BSM Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed solid operational progress and strong financial results driven by oil-weighted production, supportive commodity prices, active leasing and a focused acquisition program—culminating in a 7% distribution increase. Near-term challenges include lumpiness and a quarter-over-quarter production decline driven by Haynesville gas volumes, a moderate increase in leverage with ~$300M of preferred equity outstanding, and localized operator setbacks. Management emphasized confidence in upcoming development activity (Shelby Trough, Haynesville expansion, Southern Delaware) and the ability to convert activity into sustainable production and cash flow.View all BSM earnings summaries

                      BSM Stock 12 Month Forecast

                      Average Price Target

                      $16.00
                      ▲(9.22% Upside)
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                      Ownership Overview

                      15.36%2.30%9.58%71.05%
                      15.36% Insiders
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