Black Stone Minerals (BSM) Stock Price, News & Analysis

Company Overview

Black Stone Minerals, L.P. (NYSE: BSM) is a Houston‐based master limited partnership that owns mineral and royalty interests in oil, natural gas, and other energy-related resources. The company’s portfolio spans key onshore basins across North America, including the Permian, Eagle Ford, Bakken, Haynesville and Appalachia. By holding non-operated working interests and royalty positions, Black Stone Minerals benefits from production activities carried out by leading exploration and production companies without assuming direct drilling or operating responsibilities.

The partnership’s core activities involve the acquisition, management and leasing of mineral and royalty estates. Revenues are generated through the sale of produced hydrocarbons, which can include crude oil, condensate, natural gas, natural gas liquids and carbon dioxide. Black Stone Minerals also negotiates surface use agreements and pipeline easements on its acreage, providing additional income streams tied to midstream infrastructure development.

Tracing its heritage back over a century to private family land holdings in the Gulf Coast region, Black Stone Minerals has grown through strategic mineral acquisitions and joint venture partnerships. The company has established long-standing relationships with major and independent drillers, enhancing its ability to capture value during periods of production growth. Its team combines technical expertise in geology, land management and energy marketing to optimize the performance of its asset base.

Governed by an experienced board and led by a management team with deep roots in the oil and gas sector, Black Stone Minerals emphasizes disciplined capital deployment and operational transparency. While the partnership does not engage in day-to-day drilling operations, it maintains an active leasing program and continually seeks to expand its acreage position through targeted acquisitions. This focused approach supports the company’s objective of delivering stable cash flows and long-term value for unitholders.

Key Stats

• Today's Range: $13.05 to $13.20
• 50-Day Range: $12.79 to $14.62
• 52-Week Range: $12.78 to $15.81
• Volume: 411,894 shs
• Average Volume: 441,717 shs
• Market Capitalization: $2.78 billion
• P/E Ratio: 14.30
• Dividend Yield: 11.40%
• Price Target: $14.00
• Consensus Rating: Hold

Black Stone Minerals Stock Analysis - MarketRank™

Black Stone Minerals scored higher than 35% of companies evaluated by MarketBeat, and ranked 206th out of 265 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Black Stone Minerals has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Black Stone Minerals has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.88%

Earnings Growth

Earnings for Black Stone Minerals are expected to grow by 5.88% in the coming year, from $1.36 to $1.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Black Stone Minerals is 14.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Black Stone Minerals is 14.30, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 61.54.

Price to Book Value per Share Ratio

Black Stone Minerals has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.20% of the float of Black Stone Minerals has been sold short.

Short Interest Ratio / Days to Cover

Black Stone Minerals has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Black Stone Minerals has recently increased by 0.50%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Black Stone Minerals is a leading dividend payer. It pays a dividend yield of 11.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Black Stone Minerals does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Black Stone Minerals is 163.04%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Black Stone Minerals will have a dividend payout ratio of 104.17% in the coming year. This indicates that Black Stone Minerals may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.20% of the float of Black Stone Minerals has been sold short.

Short Interest Ratio / Days to Cover

Black Stone Minerals has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Black Stone Minerals has recently increased by 0.50%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.31

News Sentiment

Black Stone Minerals has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Black Stone Minerals this week, compared to 2 articles on an average week.

Search Interest

6 people have searched for BSM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Black Stone Minerals to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Black Stone Minerals insiders have sold 155.24% more of their company's stock than they have bought. Specifically, they have bought $196,040.00 in company stock and sold $500,364.00 in company stock.

Percentage Held by Insiders

17.80% of the stock of Black Stone Minerals is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.49% of the stock of Black Stone Minerals is held by institutions.

BSM Stock Analysis - Frequently Asked Questions

How have BSM shares performed this year?

Black Stone Minerals' stock was trading at $14.60 on January 1st, 2025. Since then, BSM shares have decreased by 9.9% and is now trading at $13.16.

How were Black Stone Minerals' earnings last quarter?

Black Stone Minerals, L.P. (NYSE:BSM) announced its quarterly earnings data on Monday, February, 24th. The oil and gas producer reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.39 by $0.21. The oil and gas producer earned $83.73 million during the quarter, compared to analysts' expectations of $115.46 million. Black Stone Minerals had a net margin of 55.74% and a trailing twelve-month return on equity of 32.76%.
Read the conference call transcript.

When did Black Stone Minerals IPO?

Black Stone Minerals (BSM) raised $450 million in an initial public offering on Friday, May 1st 2015. The company issued 22,500,000 shares at a price of $19.00-$21.00 per share. Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse and Wells Fargo Securities acted as the underwriters for the IPO and J.P. Morgan, Morgan Stanley, Raymond James, Scotia Howard Weil and Simmons & Company International were co-managers.

How do I buy shares of Black Stone Minerals?

Shares of BSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Black Stone Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Black Stone Minerals investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), NVIDIA (NVDA), Cohen & Steers Infrastructure Fund (UTF), Meta Platforms (META), Broadcom (AVGO) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 2/24/2025
• Record date for 5/15 Dividend: 5/08/2025
• Ex-Dividend for 5/15 Dividend: 5/08/2025
• Dividend Payable: 5/15/2025
• Today: 7/06/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: E&P MLP
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:BSM
• CIK: 1621434
• Web: www.blackstoneminerals.com
• Phone: (713) 445-3200
• Fax: 713-658-0943
• Employees: 110
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.00
• High Stock Price Target: $14.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +6.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.92
• Trailing P/E Ratio: 14.30
• Forward P/E Ratio: 9.68
• P/E Growth: N/A
• Net Income: $271.33 million
• Net Margins: 55.74%
• Pretax Margin: 57.64%
• Return on Equity: 32.76%
• Return on Assets: 22.26%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 1.35
• Quick Ratio: 1.35

Sales & Book Value

• Annual Sales: $433.70 million
• Price / Sales: 6.41
• Cash Flow: $1.51 per share
• Price / Cash Flow: 8.74
• Book Value: $3.93 per share
• Price / Book: 3.35

Miscellaneous

• Outstanding Shares: 211,140,000
• Free Float: 173,555,000
• Market Cap: $2.78 billion
• Optionable: Optionable
• Beta: 0.30