Black Stone Minerals, L.P.

Black Stone Minerals, L.P.

BSMยทNYSE

$13.92

+1.9%
EnergyOil & Gas Exploration & Production

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.

At a Glance

Live Snapshot
Market Cap$2.96B
EPS1.2800
P/E Ratio10.87
Earnings Date08/03/2026
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Black Stone Minerals, L.P. Street Expectations Map

BSM ยท NYSE

Wall Street analysts project that BSM stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 16.00, with estimates ranging from a low of 16.00 to a high of 16.00.

Lowest Target
16.00
14.94%
Consensus Target
16.00
14.94%
Highest Target
16.00
14.94%

The consensus 1-year price target stands at 16.00, with estimates ranging from a low of 16.00 to a high of 16.00.

Analyst Consensus Analysis

Upside Potential

+14.9%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Black Stone Minerals, L.P. Forward Estimates of Revenue

BSM ยท NYSE
Latest Revenue
422.33M
FY 2025
Avg Estimate
465.66M
FY 2026
Estimate Range
459.54M - 471.77M
Analyst Spread

Forward Growth Analysis

Projected Growth+10.3%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Black Stone Minerals, L.P. Forward Estimates of Net Income

BSM ยท NYSE
Latest Net Income
299.93M
FY 2025
Avg Estimate
256.12M
FY 2026
Estimate Range
234.77M - 280.89M
Analyst Spread

Forward Growth Analysis

Projected Growth-14.6%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread18%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookCautious

Analyst skepticism evidentโ€”carefully evaluate risks before investment decisions.

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Black Stone Minerals, L.P. Forward Estimates of EPS

BSM ยท NYSE
Latest EPS
1.28
FY 2025
Avg Estimate
$1.20
FY 2026
Estimate Range
$1.11 - $1.33
Analyst Spread

Forward Growth Analysis

Projected Growth-6.0%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread18%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookCautious

Analyst skepticism evidentโ€”carefully evaluate risks before investment decisions.

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Black Stone Minerals, L.P. Forward Estimates of EBIT

BSM ยท NYSE
Latest EBIT
308.86M
FY 2025
Avg Estimate
270.60M
FY 2026
Estimate Range
267.05M - 274.15M
Analyst Spread

Forward Growth Analysis

Projected Growth-12.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Black Stone Minerals, L.P. Forward Estimates of EBITDA

BSM ยท NYSE
Latest EBITDA
347.12M
FY 2025
Avg Estimate
331.69M
FY 2026
Estimate Range
327.33M - 336.04M
Analyst Spread

Forward Growth Analysis

Projected Growth-4.4%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Black Stone Minerals, L.P. Forward Estimates of SG&A Expense

BSM ยท NYSE
Latest SG&A Expense
55.46M
FY 2025
Avg Estimate
49.44M
FY 2026
Estimate Range
48.79M - 50.09M
Analyst Spread

Forward Growth Analysis

Projected Growth-10.9%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Black Stone Minerals, L.P. Insider Positioning

BSM ยท NYSE

During the last 12 months, insiders have purchased $4.39M and sold $1.44M worth of BSM shares, resulting in $2.95M of net buying activity.

3 Months

Bought

179.3K

2.41M

Sold

69.9K

978.37K

Net Activity

+1.4M

+$1.43M

3-6 Months

Bought

0

0.00

Sold

30.3K

461.58K

Net Activity

-462K

-$462K

6-9 Months

Bought

40.7K

498.81K

Sold

0

0.00

Net Activity

+499K

+$499K

9-12 Months

Bought

122.4K

1.49M

Sold

0

0.00

Net Activity

+1.5M

+$1.49M

Top Buyers

1
CTLJ

Carter Thomas L Jr

Director, Officer: Executive Chairman

232.0K sharesโ€ข15 transactions

$2.91M

2
DDM

Dewalch D Mark

Director

110.4K sharesโ€ข3 transactions

$1.48M

Top Sellers

1
PLS

Putman Luke Stevens

Officer: Svp, General Counsel, And Sec

89.0K sharesโ€ข3 transactions

$1.29M

2
LAJ

Longmaid Ashley J

Director

11.1K sharesโ€ข1 transactions

$150K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $2.95M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

3.05:1

Exceptional buy/sell ratio. Buying dramatically outweighs sellingโ€”one of the strongest possible insider signals.

Recent Trend (3 Months)

$1.43M

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

Balanced

2 insider buyers and 2 sellers. Equal participation suggests mixed or neutral insider views.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.