BSM - NYSE

Black Stone Minerals, L.P.

BSM·NYSE

$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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$2.96B

EPS1.2800

P/E Ratio10.87

Earnings Date08/03/2026

1.34B

Assets

10%

3Y+5.0%

5Y+7.0%

10Y+18.0%

207.10M

Total Liabilities

131%

3Y+238.0%

5Y+12.0%

10Y-49.0%

1.13B

Total Equity

3Y-7.0%

5Y+6.0%

10Y+55.0%

Black Stone Minerals, L.P. Funding & Solvency Profile

BSM · NYSE

Current Assets

Cash & Cash Equivalents1.48M

Net Receivables65.57M

Inventory0.00

Other Current Assets28.59M

Total Current Assets96 M

Non-Current Assets

Property, Plant & Equipment1.13M

Goodwill & Intangible Assets0.00

Long-Term Investments4.13M

Other Non-Current Assets1.23B

Total Non-Current Assets1 B

Total Assets

1.34B

Financial Health Analysis

Current Ratio

3.88x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.18x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

71 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

7% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Black Stone Minerals, L.P. Balance Sheet

BSM • NYSE

Black Stone Minerals, L.P. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	1.5M	2.5M	70.3M	4.3M	8.9M	1.8M	8.1M	5.4M	5.6M	9.8M	13.2M	14.8M	30.1M	47.3M
Cash & Short-Term Investments	1.5M	2.5M	70.3M	4.3M	8.9M	1.8M	8.1M	5.4M	5.6M	9.8M	13.2M	14.8M	30.1M	47.3M
Net Receivables	65.6M	71.1M	82.3M	135.7M	97.1M	61.9M	78.2M	113.1M	80.7M	68.2M	41.2M	74.1M	91.1M	68.9M
Accounts Receivables	2.9M	67M	77.6M	129.1M	93M	58.2M	71M	107.8M	77.5M	68.2M	41.2M	74.1M	91.1M	0.0
Other Receivables	62.7M	4M	4.7M	6.6M	4.1M	3.7M	7.2M	5.3M	3.2M	0.0	0.0	0.0	0.0	0.0
Inventory	0.0	0.0	0.0	31.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.5M	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	2M	1.7M	1.2M	1M	1.2M	1M	856K	938K	4.4M	0.0
Other Current Assets	28.6M	4.9M	40.6M	1.9M	0.0	1.1M	14.8M	38M	94K	0.0	48.3M	35M	138K	8.5M
Total Current Assets	95.6M	78.5M	193.1M	173.4M	108M	66.5M	102.3M	157.5M	87.6M	79M	103.6M	137.4M	125.8M	124.6M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	1.1M	1.1B	1.1B	1.1B	1.1B	1.2B	1.4B	1.6B	1.5B	1B	938.6M	1.2B	1.3B	1.1B
Long-Term Investments	4.1M	0.0	372K	728K	0.0	0.0	608K	10.1M	363K	0.0	16.3M	0.0	0.0	0.0
Other Non-Current Assets	1.2B	6.3M	7.9M	8.7M	6.6M	5.3M	8.1M	6.6M	7.1M	5.2M	3M	2.5M	3.6M	-1.1B
Total Non-Current Assets	1.2B	1.1B	1.1B	1.1B	1.1B	1.2B	1.4B	1.6B	1.5B	1B	957.8M	1.2B	1.3B	1.1B
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	3.4M
Total Assets	1.3B	1.2B	1.3B	1.3B	1.2B	1.2B	1.5B	1.8B	1.6B	1.1B	1.1B	1.3B	1.4B	1.2B
LIABILITIES
CURRENT LIABILITIES
Total Payables	2.8M	5.9M	12.6M	6.8M	5.9M	3.4M	5.3M	4.1M	2.5M	4.1M	5M	5.4M	30.7M	34.2M
Accounts Payable	2.8M	5.9M	6.3M	6.8M	5.9M	3.4M	5.3M	4.1M	2.5M	4.1M	5M	5.4M	30.7M	34.2M
Other Payables	0.0	0.0	6.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-34.2M
Accrued Expenses	0.0	8.4M	8M	19.6M	16.7M	15.6M	20.7M	27.1M	23.9M	33.2M	37.5M	40.2M	13.2M	0.0
Tax Payables	0.0	6.5M	6.4M	7.4M	5.7M	8.4M	8.1M	5.8M	4.1M	3.2M	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	518K	3.3M	0.0	0.0	0.0
Other Current Liabilities	21.8M	16.1M	5.1M	4.4M	54.5M	21M	3.8M	33.5M	33.4M	33.5M	17M	52.9M	53.9M	98.8M
Total Current Liabilities	24.6M	30.4M	25.8M	30.7M	77.1M	39.9M	29.8M	64.8M	59.7M	71.3M	63M	98.6M	97.8M	133M
NON-CURRENT LIABILITIES
Long Term Debt	154M	25M	0.0	10M	89M	121M	394M	410M	388M	316M	66M	394M	451M	344M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	518K	3.3M	3.9M	0.0	0.0
Other Non-Current Liabilities	28.5M	34M	23.7M	20.5M	18.2M	24.1M	24.6M	72.7M	38.2M	15.3M	18.5M	15.9M	17.8M	-344M
Total Non-Current Liabilities	182.5M	59M	23.7M	30.5M	107.2M	145.1M	418.6M	482.7M	426.2M	331.8M	87.7M	413.8M	468.8M	344M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	234.1M
Total Liabilities	207.1M	89.5M	49.5M	61.3M	184.3M	185M	448.4M	547.5M	485.9M	403.2M	150.8M	512.4M	566.6M	711.1M
SHAREHOLDERS' EQUITY
Preferred Stock	300.5M	300.5M	299.1M	298.4M	298.4M	298.4M	298.4M	298.4M	322.4M	54M	79.2M	161.2M	161.4M	161.4M
Common Stock	828M	829M	918.2M	911.5M	765.3M	760.6M	798.4M	714.8M	603.1M	489M	574.6M	653.2M	712.3M	0.0
Retained Earnings	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-904.3M	-768.1M	0.0	0.0	0.0	0.0	0.0
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	189.4M	164.1M	181.6M	255.7M	0.0	0.0	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	904.3M	768.1M	0.0	0.0	0.0	0.0	-1.2M
Total Stockholders' Equity	1.1B	1.1B	1.2B	1.2B	1.1B	1.1B	1.1B	1.2B	1.1B	724.6M	909.5M	814.4M	873.7M	160.2M
Total Equity	1.1B	1.1B	1.2B	1.2B	1.1B	1.1B	1.1B	1.2B	1.1B	725.7M	910.7M	817M	877.8M	488M
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	867K	1M	1.1M	2.6M	4.1M	327.8M
SUMMARY
Total Liabilities & Equity	1.3B	1.2B	1.3B	1.3B	1.2B	1.2B	1.5B	1.8B	1.6B	1.1B	1.1B	1.3B	1.4B	0.0
Total Investments	4.1M	0.0	372K	728K	0.0	0.0	608K	10.1M	363K	0.0	16.3M	0.0	0.0	0.0
Total Debt	154M	25M	0.0	10M	89M	121M	394M	410M	388M	316M	66M	394M	451M	0.0
Net Debt	152.5M	22.5M	-70.3M	5.7M	80.1M	119.2M	385.9M	404.6M	382.4M	306.2M	52.8M	379.2M	420.9M	-47.3M
Shares Outstanding	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412	211,862,412

SEC Filings

BSM - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 04, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 30, 2026	June 11, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 24, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 24, 2026	February 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 10, 2026	February 04, 2026	2026	View Filing
8-K/A 8-K/A 2025 (Amended) N/A	January 07, 2026	October 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 05, 2025	October 30, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 04, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 04, 2025	November 03, 2025	2025	View Filing

Showing 1 to 10 of 163 filings

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