
BSM
Black Stone Minerals LP
Line
|
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
13.190
Open
13.070
VWAP
13.06
Vol
424.21K
Mkt Cap
2.79B
Low
12.945
Amount
5.54M
EV/EBITDA(TTM)
10.12
Total Shares
210.70M
EV
3.22B
EV/OCF(TTM)
9.58
P/S(TTM)
6.54
Black Stone Minerals, L.P. is an owner and manager of oil and natural gas mineral interests in the United States. The Company’s principal business is maximizing the value of its existing portfolio of mineral and royalty assets through active management. It owns mineral interests in approximately 16.8 million gross acres. It also owns nonparticipating royalty interests (NPRIs) in 1.8 million gross acres and overriding royalty interests (ORRIs) in 1.6 million gross acres. The Company owns mineral and royalty interests in 41 states in the continental United States, including all of the onshore producing basins. Many of these interests are in active resource plays, including the Haynesville/Bossier shales in East Texas/Western Louisiana, the Wolfcamp/Spraberry/Bone Springs in the Permian Basin, the Bakken/Three Forks in the Williston Basin, and the Eagle Ford shale in South Texas.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q2
FY2026Q1
FY2025Q4
111.02M
-30.39%
0.290
+3.79%
110.06M
+85.76%
0.285
-1.79%
102.95M
+22.96%
0.280
-13.87%
Estimates Revision
The market is revising Downward the revenue expectations for Black Stone Minerals, L.P. (BSM) for FY2025, with the revenue forecasts being adjusted by -0.03% over the past three months. During the same period, the stock price has changed by 3.38%.
Revenue Estimates for FY2025
Revise Downward

-0.03%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward

+2.16%
In Past 3 Month
Stock Price
Go Up

+3.38%
In Past 3 Month
3 Analyst Rating
-1.14% Downside
Wall Street analysts forecast BSM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BSM is 13.00 USD with a low forecast of 13.00 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
3 Hold
0 Sell
Hold
-1.14% Downside
Current: 13.150
Low
13.00
Averages
13.00
High
13.00
-1.14% Downside
Current: 13.150
Low
13.00
Averages
13.00
High
13.00
Piper Sandler
Neutral
downgrade
$14 -> $13
2025-08-14
Reason
Piper Sandler
Price Target
$14 -> $13
2025-08-14
downgrade
Neutral
Reason
Piper Sandler lowered the firm's price target on Black Stone Minerals to $13 from $14 and keeps a Neutral rating on the shares. The firm says that it's been a challenging investing environment in E&P to say the least, and coming out of Q2 results it feels even more so. Gas equities had been a relative safe haven on near-term LNG capacity adds and long-term demand from power/data center, but supply continues to surprise to the upside despite lower associated levels of activity. There certainly were some positives out of Q2, Piper notes, with operators continuing to drive efficiencies driving capex lower to drive the same output, while tax legislation in the "One Big Beautiful Bill" is driving incremental free cash flow across the group, or at least offsetting a weaker commodity strip.
Piper Sandler
Neutral
downgrade
$15 -> $14
2025-05-13
Reason
Piper Sandler
Price Target
$15 -> $14
2025-05-13
downgrade
Neutral
Reason
Piper Sandler lowered the firm's price target on Black Stone Minerals to $14 from $15 and keeps a Neutral rating on the shares. Coming out of Q1 2025 earnings, the firm is adjusting its near-term commodity price forecast, maintaining its long-term mid-cycle oil and raising mid-cycle gas to $3.50 from $3.25. In E&P, Piper continues to look for a balance of operational flexibility, deep high-return inventory runways and low reinvestment rates through FY26.
Piper Sandler
Mark Lear
Hold
Maintains
$16 → $15
2025-04-22
Reason
Piper Sandler
Mark Lear
Price Target
$16 → $15
2025-04-22
Maintains
Hold
Reason
Piper Sandler lowered the firm's price target on Black Stone Minerals to $15 from $16 and keeps a Neutral rating on the shares. The firm sees a tricky set up into Q1 prints amid a trade-war and overall macro uncertainty paired with increased OPEC+ supply and a messy seasonal gas tape. While periods of volatility certainly provide entry opportunities in names with deep low-cost inventory and strong balance sheets, for a group where reversion and positioning have also had a big impact on shorter term performance, Piper has a bit of a stronger bias toward oil vs gas heading into Q1.
Piper Sandler
Mark Lear
Hold
Maintains
$14 → $16
2025-03-06
Reason
Piper Sandler
Mark Lear
Price Target
$14 → $16
2025-03-06
Maintains
Hold
Reason
Piper Sandler
Mark Lear
Hold
Maintains
$15 → $14
2024-11-18
Reason
Piper Sandler
Mark Lear
Price Target
$15 → $14
2024-11-18
Maintains
Hold
Reason
See All Ratings
Valuation Metrics
The current forward P/E ratio for Black Stone Minerals LP (BSM.N) is 11.50, compared to its 5-year average forward P/E of 10.31. For a more detailed relative valuation and DCF analysis to assess Black Stone Minerals LP 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair
5Y Average PE
10.31
Current PE
11.50
Overvalued PE
12.14
Undervalued PE
8.48
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A
5Y Average EV/EBITDA
8.72
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
9.71
Undervalued EV/EBITDA
7.74
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Overvalued
5Y Average PS
6.06
Current PS
13.34
Overvalued PS
6.99
Undervalued PS
5.13
Financials
Annual
Quarterly
FY2025Q3
YoY :
+1.94%
105.18M
Total Revenue
FY2025Q3
YoY :
+8.72%
67.16M
Operating Profit
FY2025Q3
YoY :
-1.08%
91.73M
Net Income after Tax
FY2025Q3
YoY :
-2.44%
0.40
EPS - Diluted
FY2025Q3
YoY :
+1.37%
79.05M
Free Cash Flow
FY2025Q3
YoY :
+3.77%
77.57
Gross Profit Margin - %
FY2025Q3
YoY :
-30.06%
51.97
FCF Margin - %
FY2025Q3
YoY :
-2.96%
87.21
Net Margin - %
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
500.3K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
5
498.8K
USD
Months
3-6
6
1.5M
USD
Months
6-9
1
196.1K
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
6.8K
Volume
1
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
500.3K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
5
498.8K
USD
Months
3-6
6
1.5M
USD
Months
6-9
1
196.1K
USD
Months
0-12
0
0.0
USD
Months
BSM News & Events
Events Timeline
2025-11-03 (ET)
2025-11-03
17:33:28
Black Stone Minerals Announces Q3 Distributable EPS of 40c, Exceeding Consensus of 29c
2025-05-19 (ET)
2025-05-19
06:32:05
Black Stone Minerals enters development agreement with Revenant Energy
2025-05-05 (ET)
2025-05-05
17:35:41
Black Stone Minerals reports Q1 EPS 4c vs. 27c last year
Sign Up For More Events
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News
9.5
11-04SeekingAlphaPinnedBlack Stone Minerals Reports GAAP EPS of $0.40, Exceeding Estimates by $0.12; Revenue of $132.47M Surpasses Expectations by $28.48M
3.0
11-05Yahoo FinanceBlack Stone Minerals (BSM): Assessing Valuation Following Recent Minor Increases in Share Price
8.0
11-04NASDAQ.COMBSM Ex-Dividend Notification - November 6, 2025
Sign Up For More News
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FAQ
What is Black Stone Minerals LP (BSM) stock price today?
The current price of BSM is 13.15 USD — it has decreased -1.42 % in the last trading day.





