BSM Stock Price, Black Stone Minerals LP Quote, Chart

Market Summary

USD15.65+0.29

Delayedas of 19 Apr 2024, 02:07 pm

1.89%

BSM Stock Price

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BSM RSI Chart

BSM Valuation

Market Cap

3.5B

Price/Earnings (Trailing)

8.18

Price/Sales (Trailing)

6.56

Price/Free Cashflow

6.63

BSM Price/Sales (Trailing)

BSM Profitability

Return on Assets

33.35%

Free Cashflow Yield

15.08%

BSM Fundamentals

BSM Revenue

Revenue (TTM)

527.2M

Rev. Growth (Yr)

-57.43%

Rev. Growth (Qtr)

-19.37%

BSM Earnings

Earnings (TTM)

422.5M

Earnings Growth (Yr)

-19.42%

Earnings Growth (Qtr)

137.88%

Breaking Down BSM Revenue

52 Week Range

14.8018.23

(Low)(High)

Last 7 days

-5.4%

Last 30 days

-2.6%

Last 90 days

-5.3%

Trailing 12 Months

-7.6%

How does BSM drawdown profile look like?

BSM Financial Health

Current Ratio

7.48

BSM Investor Care

Shares Dilution (1Y)

0.28%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	862.4M	760.4M	676.0M	527.2M
2022	452.7M	542.5M	626.3M	724.3M
2021	270.2M	349.6M	422.2M	505.7M
2020	587.1M	462.0M	389.4M	363.8M
2019	578.9M	633.2M	630.8M	487.8M
2018	419.6M	408.4M	459.0M	609.6M
2017	321.0M	401.0M	390.9M	429.7M
2016	366.2M	342.0M	304.2M	260.8M
2015	512.0M	457.8M	462.1M	392.9M
2014	484.7M	505.9M	527.1M	548.3M
2013	0	0	0	463.6M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Black Stone Minerals LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 11, 2024	longmaid ashley j	acquired	-	-	6,064	-
Apr 05, 2024	randall william e.	acquired	18,744	15.98	1,173	-
Apr 05, 2024	stuart alexander d.	acquired	22,499	15.98	1,408	-
Apr 05, 2024	dewalch d mark	acquired	18,744	15.98	1,173	-
Apr 05, 2024	kyle jerry v. jr.	acquired	18,744	15.98	1,173	-
Apr 05, 2024	mathis william n.	acquired	21,237	15.98	1,329	-
Feb 26, 2024	dewalch d mark	bought	50,277	15.4699	3,250	-
Feb 20, 2024	smajstrla dawn	sold (taxes)	-86,060	14.91	-5,772	vp, chief accounting officer
Feb 20, 2024	carter thomas l jr	acquired	-	-	292,275	ceo, president, and chairman
Feb 20, 2024	smajstrla dawn	acquired	-	-	23,704	vp, chief accounting officer

Which funds bought or sold BSM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	Stephens Consulting, LLC	unchanged	-	6.00	4,794	-%
Apr 17, 2024	SPIRIT OF AMERICA MANAGEMENT CORP/NY	reduced	-6.71	-482,220	6,831,430	1.38%
Apr 17, 2024	William Marsh Rice University	unchanged	-	113,269	90,502,300	100.00%
Apr 17, 2024	Baker Ellis Asset Management LLC	reduced	-7.69	-15,720	191,760	0.03%
Apr 16, 2024	HOWARD FINANCIAL SERVICES, LTD.	reduced	-6.05	-91,965	1,459,620	0.25%
Apr 16, 2024	Arlington Trust Co LLC	unchanged	-	125	99,875	0.03%
Apr 16, 2024	LongView Wealth Management	reduced	-2.16	-20,774	527,420	0.21%
Apr 16, 2024	FLAGSHIP HARBOR ADVISORS, LLC	added	5.35	14,708	282,691	0.02%
Apr 15, 2024	F&V Capital Management, LLC	added	10.38	31,000	323,000	0.10%
Apr 15, 2024	FRANKLIN STREET ADVISORS INC /NC	unchanged	-	1,000	320,000	0.02%

Are Funds Buying or Selling BSM?

Are funds buying BSM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BSM

No. of Funds

Unveiling Black Stone Minerals LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 11, 2022	carlyle group inc.	0.0%	0	SC 13G/A
Feb 13, 2020	carlyle group management l.l.c.	6.7%	14,711,219	SC 13G/A
Feb 13, 2020	ci investments inc.	4.09%	8,427,284	SC 13G/A
Nov 05, 2019	carlyle group management l.l.c.	6.7%	14,711,219	SC 13G

Recent SEC filings of Black Stone Minerals LP

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 01, 2024	3	Insider Trading
Mar 26, 2024	8-K	Current Report
Mar 19, 2024	S-3	S-3
Mar 19, 2024	S-3ASR	S-3ASR

Black Stone Minerals LP News

Latest updates

Black Stone Minerals LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-19.4%	110	137	106	175	259	221	208	36.00	161	137	118	89.00	77.00	65.00	39.00	183	103	137	164	84.00	246
Operating Expenses	-9.5%	43.00	48.00	38.00	39.00	45.00	46.00	47.00	42.00	44.00	42.00	41.00	44.00	46.00	19.00	44.00	103	58.00	62.00	63.00	69.00	75.00
S&GA Expenses	-13.4%	13.00	14.00	12.00	13.00	14.00	13.00	13.00	14.00	11.00	12.00	12.00	13.00	10.00	9.00	12.00	12.00	14.00	14.00	14.00	21.00	16.00
Interest Expenses	8.5%	1.00	1.00	1.00	1.00	2.00	2.00	1.00	1.00	1.00	1.00	2.00	1.00	1.00	2.00	3.00	4.00	5.00	5.00	6.00	6.00	5.00
Net Income	137.9%	148	62.00	78.00	134	183	168	132	-7.00	134	16.00	15.00	16.00	30.00	24.00	-8.37	76.00	40.00	70.00	95.00	9.00	164
Net Income Margin	18.3%	0.80*	0.68*	0.74*	0.72*	0.66*	0.68*	0.51*	0.35*	0.36*	0.19*	0.25*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	14.9%	134	117	133	137	156	108	78.00	83.00	73.00	58.00	70.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.7%	1,267	1,234	1,250	1,272	1,271	1,271	1,273	1,239	1,248	1,247	1,242	1,226	1,244	1,260	1,439	1,523	1,545	1,596	1,725	1,712	1,750
Current Assets	15.7%	193	167	172	184	173	161	156	108	108	93.00	72.00	65.00	67.00	62.00	221	160	102	121	126	113	158
Cash Equivalents	25.4%	70.00	56.00	47.00	19.00	4.00	1.00	12.00	7.00	9.00	3.00	1.00	4.00	2.00	3.00	2.00	3.00	8.00	2.00	4.00	4.00	5.00
Net PPE	0.6%	1,066	1,059	1,069	1,079	1,088	1,098	1,110	1,125	1,133	1,146	1,163	1,156	1,172	1,192	1,211	1,355	1,434	1,457	1,582	1,586	1,576
Liabilities	-18.2%	50.00	61.00	37.00	33.00	61.00	149	230	240	184	261	218	189	185	197	365	420	448	460	581	578	548
Current Liabilities	-23.5%	26.00	34.00	17.00	13.00	31.00	72.00	125	148	77.00	132	95.00	57.00	40.00	21.00	15.00	11.00	30.00	23.00	46.00	49.00	65.00
Float	-	-	-	2,693	-	-	-	2,278	-	-	-	1,787	-	-	-	1,016	-	-	-	2,410	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	14.9%	134,116	116,710	133,270	137,155	156,433	108,411	77,563	82,576	73,454	57,847	69,893	55,686	60,395	63,445	86,519	71,450	106,410	105,334	110,802	90,174	95,659
Share Based Compensation	-36.0%	2,417	3,777	2,517	2,118	5,579	4,534	2,724	4,551	2,513	3,172	3,071	3,462	2,322	1,825	2,474	-2,894	3,578	3,867	3,816	9,223	5,187
Cashflow From Investing	-539.6%	-14,794	-2,313	-679	-1,954	-538	-532	-49.00	-96.00	-426	-1,137	-12,540	-214	606	150,273	-1,024	1,391	210	-2,820	-21,634	-24,379	-20,079
Cashflow From Financing	0.0%	-105,070	-105,033	-105,075	-120,358	-152,426	-119,199	-72,009	-84,703	-67,416	-54,489	-60,099	-53,479	-62,262	-212,261	-86,935	-77,920	-100,467	-104,454	-89,509	-66,962	-74,607

BSM Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUE
Revenue from contracts with customers	$ 501,099	$ 784,284	$ 505,734
Gain (loss) on commodity derivative instruments	91,117	(120,680)	(146,474)
TOTAL REVENUE	592,216	663,604	359,260
OPERATING (INCOME) EXPENSE
Lease operating expense	11,386	12,380	13,056
Production costs and ad valorem taxes	56,979	66,233	49,809
Exploration expense	2,148	193	1,082
Depreciation, depletion, and amortization	45,683	47,804	61,019
General and administrative	51,455	53,652	48,746
Accretion of asset retirement obligations	1,042	861	1,073
(Gain) loss on sale of assets, net	(73)	(17)	(2,850)
TOTAL OPERATING EXPENSE	168,620	181,106	171,935
INCOME (LOSS) FROM OPERATIONS	423,596	482,498	187,325
OTHER INCOME (EXPENSE)
Interest and investment income	1,867	53	1
Interest expense	(2,754)	(6,286)	(5,638)
Other income (expense)	(160)	215	299
TOTAL OTHER EXPENSE	(1,047)	(6,018)	(5,338)
NET INCOME (LOSS)	422,549	476,480	181,987
Distributions on Series B cumulative convertible preferred units	(21,776)	(21,000)	(21,000)
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON UNITS	400,773	455,480	160,987
ALLOCATION OF NET INCOME (LOSS):
General partner interest	0	0	0
Allocation of loss	400,773	455,480	160,987
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON UNITS	$ 400,773	$ 455,480	$ 160,987
NET INCOME (LOSS) ATTRIBUTABLE TO LIMITED PARTNERS PER COMMON UNIT:
Per common unit (basic) (in usd per share)	$ 1.91	$ 2.18	$ 0.77
Per common unit (diluted) (in usd per share)	$ 1.88	$ 2.12	$ 0.77
WEIGHTED AVERAGE COMMON UNITS OUTSTANDING:
Weighted average common units outstanding, basic (in shares)	209,970	209,382	208,181
Weighted average common units outstanding, diluted (in shares)	225,105	224,446	208,290
Oil and condensate sales
REVENUE
Revenue from contracts with customers	$ 288,296	$ 336,287	$ 235,771
Natural gas and natural gas liquids sales
REVENUE
Revenue from contracts with customers	200,297	434,945	255,671
Lease bonus and other income
REVENUE
Revenue from contracts with customers	$ 12,506	$ 13,052	$ 14,292

BSM Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 70,282	$ 4,307
Accounts receivable	82,253	135,697
Commodity derivative assets	38,273	31,472
Prepaid expenses and other current assets	2,319	1,905
TOTAL CURRENT ASSETS	193,127	173,381
PROPERTY AND EQUIPMENT
Oil and natural gas properties, at cost, using the successful efforts method of accounting, includes unproved properties of $890,338 and $909,344 at December 31, 2023 and 2022, respectively	3,026,394	3,003,907
Accumulated depreciation, depletion, amortization, and impairment	(1,961,899)	(1,916,919)
Oil and natural gas properties, net	1,064,495	1,086,988
Other property and equipment, net of accumulated depreciation of $14,163 and $13,461 at December 31, 2023 and 2022, respectively	1,007	1,259
NET PROPERTY AND EQUIPMENT	1,065,502	1,088,247
DEFERRED CHARGES AND OTHER LONG-TERM ASSETS	8,255	9,454
TOTAL ASSETS	1,266,884	1,271,082
CURRENT LIABILITIES
Accounts payable	6,270	6,773
Accrued liabilities	17,003	19,729
Commodity derivative liabilities	1,229	3,243
Other current liabilities	1,334	989
TOTAL CURRENT LIABILITIES	25,836	30,734
LONG-TERM LIABILITIES
Credit facility	0	10,000
Accrued incentive compensation	1,699	1,884
Commodity derivative liabilities	81	16
Asset retirement obligations	19,030	15,030
Other long-term liabilities	2,893	3,606
TOTAL LIABILITIES	49,539	61,270
COMMITMENTS AND CONTINGENCIES (Note 11)
EQUITY
Partners' equity — general partner interest	0	0
TOTAL EQUITY	918,208	911,451
TOTAL LIABILITIES, MEZZANINE EQUITY, AND EQUITY	1,266,884	1,271,082
Series B Cumulative Convertible Preferred Units
MEZZANINE EQUITY
Partners' equity — Series B cumulative convertible preferred units, 14,711 and 14,711 units outstanding at December 31, 2023 and 2022, respectively	299,137	298,361
Common units
EQUITY
Partners' equity — common units, 209,991 and 209,407 units outstanding at December 31, 2023 and 2022, respectively	$ 918,208	$ 911,451

About Black Stone Minerals LP

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 16.8 million gross acres, and overriding royalty interests in 1.8 million gross acres located in 41 states in the United States. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.

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CEO	Mr. Thomas L. Carter Jr.
WEBSITE	blackstoneminerals.com
INDUSTRY	Oil - E&P

Black Stone Minerals LP Frequently Asked Questions

What is the ticker symbol for Black Stone Minerals LP? What does BSM stand for in stocks?

BSM is the stock ticker symbol of Black Stone Minerals LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Black Stone Minerals LP (BSM)?

As of Thu Apr 18 2024, market cap of Black Stone Minerals LP is 3.46 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BSM stock?

You can check BSM's fair value in chart for subscribers.

What is the fair value of BSM stock?

You can check BSM's fair value in chart for subscribers. The fair value of Black Stone Minerals LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Black Stone Minerals LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BSM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Black Stone Minerals LP a good stock to buy?

The fair value guage provides a quick view whether BSM is over valued or under valued. Whether Black Stone Minerals LP is cheap or expensive depends on the assumptions which impact Black Stone Minerals LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BSM.

What is Black Stone Minerals LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, BSM's PE ratio (Price to Earnings) is 8.18 and Price to Sales (PS) ratio is 6.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BSM PE ratio will change depending on the future growth rate expectations of investors.