BSM
Black Stone Minerals, L.P.
NYSE · Energy · Oil & Gas Exploration & Production · US
$14.67
−1.48%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 505.5M | 422.3M | 439.4M | 501.1M | 784.3M |
| Cost of Revenue | 122.0M | 106.1M | 104.5M | 114.0M | 126.4M |
| Gross Profit | 383.5M | 316.3M | 335.0M | 387.1M | 657.9M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 63.5M | 55.5M | 52.1M | 51.5M | 53.7M |
| General & Admin Expense | 63.5M | 55.5M | 52.1M | 51.5M | 53.7M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | — | — | 9.8M | (88.0M) | 121.7M |
| Total Operating Expenses | 63.5M | 55.5M | 61.8M | (36.5M) | 175.4M |
| Cost and Expenses | 169.0M | 161.5M | 166.3M | 77.5M | 301.8M |
| Operating Income (EBIT) | 336.5M | 260.8M | 273.1M | 423.6M | 482.5M |
| Non-Operating | |||||
| Interest Income | 195.0K | 237.0K | 1.7M | 1.9M | 53.0K |
| Interest Expense | 13.9M | 8.9M | 3.1M | 2.8M | 6.3M |
| Net Interest Income | (13.8M) | (8.7M) | (1.4M) | (887.0K) | (6.2M) |
| Other Non-Op Income/Expense | (92.3M) | 39.1M | (1.8M) | (1.0M) | (6.0M) |
| Non-Operating Income (excl Interest) | 78.3M | (48.1M) | (1.3M) | (1.7M) | (268.0K) |
| EBT (Pre-Tax Income) | 244.2M | 299.9M | 271.3M | 422.5M | 476.5M |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | 244.2M | 299.9M | 271.3M | 422.5M | 476.5M |
| Earnings from Cont. Ops | 244.2M | 299.9M | 271.3M | 422.5M | 476.5M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 214.8M | 270.5M | 241.9M | 422.5M | 476.5M |
| Per Share | |||||
| Basic EPS | $1.02 | $1.28 | $1.15 | $1.91 | $2.18 |
| Diluted EPS | $1.02 | $1.28 | $1.15 | $1.88 | $2.12 |
| Revenue Per Share | $2.38 | $2.00 | $2.09 | $2.39 | $3.75 |
| Shares | |||||
| Basic Shares Outstanding | 212.7M | 211.7M | 210.7M | 210.0M | 209.4M |
| Diluted Shares Outstanding | 212.7M | 211.7M | 210.8M | 225.1M | 224.4M |
| Profitability Metrics | |||||
| EBITDA | 295.8M | 345.7M | 319.6M | 471.0M | 530.6M |
| D&A | 37.6M | 36.9M | 45.2M | 45.7M | 47.8M |
| EBIT | 258.2M | 308.9M | 274.4M | 425.3M | 482.8M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026