YOLFTbeta
Black Stone Minerals LP

Black Stone Minerals LP

BSM · NYSE · Energy / Oil & Gas E&P

14.22USD+0.16 (+1.14%)

Price History

Full chart

Market Stats

Previous Close14.06
Open14.16
Day Range14.14 – 14.29
52-Week Range11.29 – 15.20
Volume419.58K
Market Cap3.12B
P/E (TTM)12.14
Forward P/E12.30
EPS1.21
Dividend Yield8.30%
Beta0.02
50-Day Avg14.69
200-Day Avg14.38

About

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.9 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. H. Taylor DeWalch
  • Employees0
  • Headquarters1001 Fannin Street, Houston, TX, United States, 77002, USA
  • Websitehttps://www.blackstoneminerals.com

Leadership

  • Mr. Thomas L. Carter Jr.Executive Chairman of the Board of Black Stone Minerals GP L.L.C. · b. 1952
  • Mr. H. Taylor DeWalchCo-CEO, President & Director of Black Stone Minerals GP L.L.C. · b. 1990
  • Mr. Fowler T. CarterCo-CEO, President and Director of Black Stone Minerals GP L.L.C. · b. 1980
  • Mr. Chris R. BonnerSenior VP, Treasurer & CFO of Black Stone Minerals GP L.L.C. · b. 1991
  • Mr. L. Steve Putman J.D.Senior VP, General Counsel & Secretary of Black Stone Minerals GP L.L.C. · b. 1975
  • Ms. Erin Leah PhillipsDirector of Corporate Accounting, Controller & PAO of Black Stone Minerals GP, L.L.C.
  • Mr. Travis E. FrazierVice President of Corporate Development
  • Ms. Kristin WiggsVice President of Human Resources of Black Stone Minerals GP LLC
  • Mr. R. Marc CarrollConsultant of Black Stone Minerals Gp L.L.C · b. 1970

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue368.95M463.56M548.32M392.92M260.83M429.66M609.57M492.78M296.64M505.73M784.28M501.10M439.43M422.33M
Growth (%)-+25.64%+18.29%-28.34%-33.62%+64.73%+41.87%-19.16%-39.80%+70.49%+55.08%-36.11%-12.31%-3.89%
Cost of Revenue57.21M166.40M184.82M161.65M156.71M179.29M205.43M187.78M139.51M123.88M126.42M114.05M104.48M106.06M
Gross Profit311.75M297.16M363.50M231.28M104.13M250.37M404.14M304.99M157.13M381.85M657.87M387.05M334.95M316.27M
Gross Margin84.49%64.10%66.29%58.86%39.92%58.27%66.30%61.89%52.97%75.50%83.88%77.24%76.22%74.89%
Operating Expense151.81M117.35M181.79M327.13M76.66M78.29M85.75M69.82M25.02M194.53M175.37M-36.55M61.84M55.46M
Operating Income159.94M179.81M181.71M-95.86M27.47M172.08M318.38M235.17M132.11M187.32M482.50M423.60M273.11M260.81M
Operating Margin43.35%38.79%33.14%-24.40%10.53%40.05%52.23%47.72%44.54%37.04%61.52%84.53%62.15%61.75%
EBITDA327.59M282.75M295.72M8.44M131.11M289.71M442.33M345.39M215.38M248.64M530.57M470.99M319.63M347.12M
EBITDA Margin88.79%60.99%53.93%2.15%50.27%67.43%72.57%70.09%72.61%49.16%67.65%93.99%72.74%82.19%
Net Income91.72M168.59M170.35M-100.05M20.20M157.19M295.54M214.37M121.82M181.99M476.48M422.55M271.33M299.93M
Net Income Margin24.86%36.37%31.07%-25.46%7.74%36.58%48.48%43.50%41.07%35.98%60.75%84.32%61.75%71.02%
R&D---0000-------
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%-------
Interest Expense-11.34M13.51M6.42M7.55M15.69M20.76M21.43M10.41M5.64M6.29M2.75M3.11M8.93M
Interest Expense % of Total Revenue-2.45%2.46%1.63%2.89%3.65%3.41%4.35%3.51%1.11%0.80%0.55%0.71%2.11%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.20B1.44B1.33B1.06B1.13B1.58B1.75B1.55B1.24B1.25B1.27B1.27B1.22B1.34B
Total Liabilities711.14M566.62M512.40M150.78M403.17M485.91M547.50M448.40M185.01M184.29M61.27M49.54M89.47M207.10M
Total Equity160.22M873.71M814.38M910.65M725.66M1.09B1.20B1.10B1.06B1.06B1.21B1.22B1.13B1.13B
Cash47.30M30.12M14.80M13.23M9.77M5.64M5.41M8.12M1.80M8.88M4.31M70.28M2.52M1.48M
Total Debt-451.00M394.00M69.26M366.43M411.39M465.97M400.98M144.39M143.30M16.85M1.81M25.00M154.00M
Net Debt-47.30M420.88M379.20M52.77M306.23M382.36M404.59M385.88M119.20M80.12M5.69M-70.28M22.48M152.52M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow358.00M320.76M396.13M284.74M196.66M281.85M385.38M412.72M281.81M256.88M424.98M521.25M389.04M310.17M
Investing Cash Flow-198.97M-195.63M-101.11M-91.00M-221.54M-454.25M-163.80M-48.62M151.25M-14.32M-1.22M-19.74M-112.24M-118.27M
Financing Cash Flow-138.17M-142.31M-310.33M-195.31M21.43M168.27M-221.80M-361.39M-439.38M-235.48M-428.34M-435.54M-344.57M-192.93M
Capital Expenditure200.02M195.71M120.58M116.70M221.74M484.52M297.33M111.30M4.82M14.63M12.56M19.81M4.21M11.76M
Free Cash Flow157.98M125.06M275.55M168.03M-25.08M-202.67M88.04M301.42M276.99M242.25M412.42M501.44M384.83M298.41M
Dividends Paid238.57M241.44M240.65M221.05M182.33M198.58M268.49M328.42M161.34M197.92M343.40M419.82M365.06M315.12M
FCF to OCF44.13%38.99%69.56%59.01%-12.76%-71.91%22.85%73.03%98.29%94.30%97.04%96.20%98.92%96.21%
Dividend Paid to FCF151.01%193.06%87.34%131.55%-726.87%-97.98%304.95%108.96%58.25%81.70%83.27%83.72%94.86%105.60%

Earnings

Report DateJun 5, 2015Aug 12, 2015Nov 9, 2015Mar 7, 2016May 9, 2016Aug 8, 2016Nov 7, 2016Feb 27, 2017May 8, 2017Aug 7, 2017Nov 6, 2017Feb 26, 2018May 7, 2018Aug 6, 2018Nov 5, 2018Feb 25, 2019May 6, 2019Aug 5, 2019Nov 4, 2019Feb 24, 2020May 4, 2020Aug 3, 2020Nov 2, 2020Feb 22, 2021May 4, 2021Aug 2, 2021Nov 1, 2021Feb 21, 2022May 2, 2022Aug 1, 2022Oct 31, 2022Feb 21, 2023May 1, 2023Jul 31, 2023Oct 30, 2023Feb 19, 2024May 6, 2024Aug 5, 2024Nov 4, 2024Feb 17, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Feb 23, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate0.140.130.130.150.100.100.130.160.170.180.140.180.180.260.280.270.260.270.300.270.190.180.180.200.130.140.160.190.330.400.420.410.480.390.450.490.350.370.360.330.330.330.290.260.230.220.20
EPS Actual0.170.240.340.290.130.120.180.110.230.180.180.390.250.480.270.720.230.290.270.300.340.210.300.210.080.250.260.600.370.410.440.820.400.430.520.650.390.370.310.330.290.280.300.310.280.47-
Surprise21.43%84.62%161.54%93.33%30.00%20.00%38.46%-31.25%35.29%0.00%28.57%116.67%38.89%84.62%-3.57%166.67%-11.54%7.41%-10.00%11.11%78.95%16.67%66.67%5.00%-38.46%78.57%62.50%215.79%12.12%2.50%4.76%100.00%-16.67%10.26%15.56%32.65%11.43%0.00%-13.89%-1.48%-12.12%-15.15%3.45%19.23%21.74%113.64%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.12B
Enterprise Value3.29B
Trailing P/E12.14
Forward P/E12.30
PEG Ratio1.37
Price / Sales7.37
Price / Book2.82
EPS1.21
Book Value3.82
Revenue (TTM)423.60M
Gross Profit (TTM)379.50M
EBITDA334.90M
Profit Margin66.95%
Operating Margin95.36%
Return on Equity25.59%
Return on Assets14.03%
Shares Outstanding212.71M
Shares Float164.31M
Beta0.02
Dividend Yield8.30%
Dividend Rate1.22
Payout Ratio89.71%

Analyst Ratings

Hold
Based on 3 analystsTarget 16.00
  • Hold
    3

Ownership Breakdown

Institutions
19.42%
Insiders
21.36%
Retail / Other
59.22%

Top Institutional Holders

  • Morgan Stanley - Brokerage Accounts
    8.27M3.89%
  • William Marsh Rice University
    5.66M2.66%
  • FMR Inc
    4.54M2.13%
  • Bank of America Corp
    2.11M0.99%
  • Penn Davis Mcfarland Inc
    1.96M0.92%
  • INVESTMENT MANAGEMENT ASSOCIATES INC /ADV
    1.85M0.87%
  • Natixis SA
    1.58M0.74%
  • Ameriprise Financial Inc
    1.18M0.56%
  • Long Corridor Asset Management Ltd
    880.00K0.41%
  • Brown Advisory Holdings Inc
    878.00K0.41%
  • Mudita Advisors LLP
    760.88K0.36%
  • ING Groep NV
    728.60K0.34%
  • Fayez Sarofim & Company
    633.36K0.30%
  • Saber Capital Management, LLC
    616.92K0.29%
  • HighTower Advisors, LLC
    616.56K0.29%
  • Cresset Asset Management, LLC
    602.28K0.28%
  • EPACRIA CAPITAL PARTNERS LLC
    580.72K0.27%
  • Citigroup Inc
    546.63K0.26%

Top Fund Holders

  • Fidelity Dividend Growth
    3.85M1.81%
  • Fidelity Capital Appreciation
    637.44K0.30%

Dividends

20264×
0.35Nov 6, 20260.32Aug 6, 20260.30May 8, 20260.30Feb 18, 2026
20254×
0.30Nov 6, 20250.30Aug 7, 20250.38May 8, 20250.38Feb 18, 2025
20244×
0.38Nov 8, 20240.38Aug 9, 20240.38May 9, 20240.47Feb 15, 2024
20234×
0.47Nov 8, 20230.47Aug 10, 20230.47May 11, 20230.47Feb 15, 2023
20224×
0.45Nov 9, 20220.42Aug 11, 20220.40May 12, 20220.27Feb 15, 2022
20214×
0.25Nov 10, 20210.05Aug 12, 20210.17May 13, 20210.17Feb 12, 2021