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

Company Overview

Black Stone Minerals L.P. (NYSE: BSM) is a publicly traded limited partnership that acquires and manages oil and natural gas mineral interests and producing royalty interests across the United States. The company’s business model centers on holding fractional ownership in subsurface mineral estates, which allows it to earn royalty income from hydrocarbon production without taking on the capital expenditures or operating risks associated with exploration and development.

Founded in 1876 and headquartered in Houston, Texas, Black Stone Minerals has built a diversified portfolio spanning key U.S. onshore plays. Its acreage touches major basins such as the Permian, Eagle Ford, Bakken and Anadarko, and the partnership also maintains non-operated royalty positions in federal waters of the Gulf of Mexico. This geographic breadth provides exposure to a variety of commodity price environments and drilling technologies.

The partnership’s strategy involves leasing mineral interests to exploration and production companies in exchange for lease bonus payments and ongoing royalties based on production volumes and prices. By structuring agreements with established operators, Black Stone Minerals captures value from drilling activity and subsurface advancements while preserving capital and limiting operational responsibilities.

Led by President and Chief Executive Officer Bradley J. Pierce, Black Stone Minerals leverages a dedicated team of geoscientists, land professionals and financial specialists to evaluate new acquisitions and optimize existing assets. The partnership continues to pursue selective mineral interest purchases and organic leasing opportunities to enhance its acreage footprint and maintain a steady stream of royalty revenues.

Key Stats

• Today's Range: $11.93 to $12.15
• 50-Day Range: $11.92 to $13.43
• 52-Week Range: $11.90 to $15.66
• Volume: 389,109 shs
• Average Volume: 455,352 shs
• Market Capitalization: $2.53 billion
• P/E Ratio: 10.31
• Dividend Yield: 10.04%
• Price Target: $13.00
• Consensus Rating: Hold

Black Stone Minerals Stock Analysis - MarketRank™

Black Stone Minerals scored higher than 46% of companies evaluated by MarketBeat, and ranked 204th out of 267 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 10.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 276.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of Black Stone Minerals is 10.36, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 39.57.

Price to Book Value per Share Ratio

Black Stone Minerals has a P/B Ratio of 3.06. 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

1.69% 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 6.

Change versus previous month

Short interest in Black Stone Minerals has recently increased by 5.05%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Black Stone Minerals is a leading dividend payer. It pays a dividend yield of 9.89%, 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 103.45%. 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 83.33% 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

1.69% 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 6.

Change versus previous month

Short interest in Black Stone Minerals has recently increased by 5.05%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 1.54

News Sentiment

Black Stone Minerals has a news sentiment score of 1.54. 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 higher news sentiment than the 0.81 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Black Stone Minerals this week, compared to 2 articles on an average week.

Search Interest

9 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

8 people have added Black Stone Minerals to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Black Stone Minerals insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,484,992.00 in company stock and sold $0.00 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 17.7% and is now trading at $12.0150.

How were Black Stone Minerals' earnings last quarter?

Black Stone Minerals, L.P. (NYSE:BSM) released its earnings results on Monday, August, 4th. The oil and gas producer reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.23. The oil and gas producer earned $159.49 million during the quarter, compared to the consensus estimate of $112.19 million. Black Stone Minerals had a trailing twelve-month return on equity of 39.67% and a net margin of 61.21%.
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 $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.

Who are Black Stone Minerals' major shareholders?

Top institutional shareholders of Black Stone Minerals include Kingstone Capital Partners Texas LLC (6.36%), Bank of America Corp DE (1.20%), Penn Davis Mcfarland Inc. (0.88%) and Investment Management Associates Inc. ADV (0.75%). Insiders that own company stock include Thomas L Carter Jr, Luke Stevens Putman, D Mark Dewalch, Carrie Pearson Clark and Dawn Smajstrla.
View institutional ownership trends.

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: 8/04/2025
• Record date for 8/14 Dividend: 8/07/2025
• Ex-Dividend for 8/14 Dividend: 8/07/2025
• Dividend Payable: 8/14/2025
• Today: 9/05/2025
• Next Earnings (Estimated): 11/03/2025
• 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: 1876

Price Target and Rating

• Average Price Target for Black Stone Minerals: $13.00
• High Price Target: $13.00
• Low Price Target: $13.00
• Potential Upside/Downside: +8.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.16
• Trailing P/E Ratio: 10.36
• Forward P/E Ratio: 8.83
• P/E Growth: N/A
• Net Income: $271.33 million
• Net Margins: 61.21%
• Pretax Margin: 62.89%
• Return on Equity: 39.67%
• Return on Assets: 26.22%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 3.22
• Quick Ratio: 3.22

Sales & Book Value

• Annual Sales: $433.70 million
• Price / Sales: 5.87
• Cash Flow: $1.49 per share
• Price / Cash Flow: 8.05
• Book Value: $3.93 per share
• Price / Book: 3.06

Miscellaneous

• Outstanding Shares: 211,850,000
• Free Float: 174,143,000
• Market Cap: $2.55 billion
• Optionable: Optionable
• Beta: 0.29