Revenue
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Black Stone Minerals, L.P. (BSM)
Price$14.65Cached quote
Net income
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $422.3M | $439.4M | $501.1M | $784.3M | $505.7M | $296.6M | $492.8M | $594.7M | $402.8M | $297.3M | $392.9M | $548.3M | $463.6M |
| Operating expenses | $161.5M | $160.6M | $168.6M | $181.1M | $171.9M | $210.6M | $252.6M | $291.2M | $257.6M | $233.4M | $488.8M | $366.6M | $283.8M |
| Operating income | $308.4M | $273.1M | $423.6M | $482.5M | $187.3M | $132.1M | $235.2M | $318.4M | $172.1M | $27.5M | −$95.9M | $181.7M | $179.8M |
| Operating margin | 73.02% | 62.15% | 84.53% | 61.52% | 37.04% | 44.54% | 47.72% | 53.53% | 42.73% | 9.24% | −24.40% | 33.14% | 38.79% |
| EBITDA | $345.3M | $318.3M | $469.3M | $530.3M | $248.3M | $214.1M | $344.8M | $441.0M | $286.6M | $130.0M | $8.4M | $293.7M | $282.3M |
| EBITDA margin | 81.76% | 72.44% | 93.65% | 67.62% | 49.11% | 72.18% | 69.96% | 74.16% | 71.16% | 43.71% | 2.15% | 53.56% | 60.89% |
| Net income | $299.9M | $271.3M | $422.5M | $476.5M | $182.0M | $121.8M | $214.4M | $295.6M | $157.2M | $20.2M | −$101.8M | $169.2M | $169.0M |
| Net profit margin | 71.02% | 61.75% | 84.32% | 60.75% | 35.98% | 41.07% | 43.50% | 49.70% | 39.02% | 6.79% | −25.90% | 30.86% | 36.45% |
| Basic EPSper basic share | $1.28 | $1.15 | $1.91 | $2.18 | — | — | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | $1.28 | $1.15 | $1.88 | $2.12 | — | — | — | — | — | — | — | — | — |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
MORGAN STANLEY | 8.9M |
William Marsh Rice University | 5.66M |
FMR LLC | 4.52M |
BANK OF AMERICA CORP /DE/ | 2.08M |
PENN DAVIS MCFARLAND INC | 1.96M |
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV | 1.85M |
NATIXIS | 1.58M |
AMERIPRISE FINANCIAL INC | 1.18M |
Long Corridor Asset Management Ltd | 880K |
BROWN ADVISORY INC | 870.67K |
Cambridge Investment Research Advisors, Inc. | 816.26K |
Mudita Advisors LLP | 760.88K |
ING GROEP NV | 728.6K |
Fayez Sarofim & Co | 633.36K |
HighTower Advisors, LLC | 630.39K |
Saber Capital Managment, LLC | 616.92K |
Cresset Asset Management, LLC | 602.28K |
EPACRIA CAPITAL PARTNERS, LLC | 580.72K |
WELLS FARGO & COMPANY/MN | 491.89K |
BlackRock, Inc. | 451.04K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 1, 2026Form 4 | DeWalch D MarkDirector | BuyCommon units representing limited partner interests · indirect | 36.4K | $13.62 | $495.3K | 631.2K |
| May 29, 2026Form 4 | DeWalch D MarkDirector | BuyCommon units representing limited partner interests · indirect | 36.4K | $13.48 | $490.2K | 594.9K |
| May 28, 2026Form 4 | DeWalch D MarkDirector | BuyCommon units representing limited partner interests | 37.6K | $13.21 | $497.4K | 431.5K |
| May 13, 2026Form 4 | Carter Thomas L JrExecutive Chairman | BuyCommon units representing limited partner interests | 1.1K | $13.50 | $15.1K | 3.68M |
| May 12, 2026Form 4 | Longmaid Ashley JDirector | SellCommon units representing limited partner interests | 11.1K | $13.45 | $149.7K | 137.3K |