profit from every $100 of sales.
$0$100
Black Stone Minerals, L.P.
$14.22+1.14% today
+4.1% in 1 year
1-year low $13.281-year high $15.44
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $10.09 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Black Stone Minerals, L.P. sold, what it kept, and what it did with the cash.
Sales went from $784 million in 2022 to $422 million in 2025, with $300 million of profit last year.
SalesProfit
Black Stone Minerals, L.P. handed back more cash to shareholders than it generated last year.
$315M
Free cash flow 2025$191M
Bought back its own shares$4M
Paid as dividends$315M
Cash vs. debt$1M vs. $156M
Black Stone Minerals, L.P. vs. similar companies
Black Stone Minerals, L.P. grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Black Stone Minerals, L.P. | 10.1× · Cheap | ||
 EQT | 16.2× · Fair price | ||
 Coterra Energy | 14.4× · Cheap | ||
 Expand Energy | 11.2× · Cheap | ||
 Permian Resources | 20.7× · Fair price |
AI analysis
An AI analyst reads Black Stone Minerals, L.P.'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 784 | 501 | 439 | 422 | |
| 658 | 387 | 335 | 336 | |
| 603 | 332 | 279 | 261 | |
| 531 | 471 | 320 | 346 | |
| 476 | 423 | 271 | 300 | |
| 2.12 | 1.88 | 1.15 | 1.28 | |
| 83.9% | 77.2% | 76.2% | 79.6% | |
| 76.9% | 66.3% | 63.5% | 61.8% | |
| 60.8% | 84.3% | 61.7% | 71.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,271 | 1,267 | 1,219 | 1,336 |
| Cash | 4 | 70 | 3 | 1 |
| Total debt | 10 | – | 26 | 156 |
| Total liabilities | 61 | 50 | 89 | 207 |
| 0 | 0 | 0 | 0 | |
| 224 | 225 | 211 | 212 | |
| 3,813.9% | – | 843.2% | 156.4% | |
| – | – | – | – |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 425 | 521 | 389 | 310 | |
| 13 | 20 | 115 | 119 | |
| 412 | 501 | 274 | 191 | |
| Dividends paid | 343 | 420 | 365 | 315 |
| 3 | 5 | 4 | 4 | |
| 17 | 11 | 9 | 10 |
Valuation
- 10.1×
- 15.8×
- –
- 2.6×
- 7.2×
- 15.8×
- 9.2×
- 6.3%
- 9.9%
- 9.0%
Profitability
- 79.6%
- 61.8%
- 71.0%
- 101.6%
- 27.7%
- 27.3%
- 26.9%
- 22.2%
- 27.7%
- –
Growth
- −18.6%
- −15.5%
- −22.5%
- +14.7%
- +0.4%
Financial health
- 0.4×
- 0.17
- 14.0%
- 32.9×
- 2.34
- 2.34
- 0.35
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 3%of 467
Top 2%of 466
Top 19%of 387
Bottom 6%of 461
Top 41%of 460
What analysts expect
- Average price target
- $17.33
- Range
- $15.00 – $19.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 0.28 | 0.22 | +27.3% |
| Feb 23, 2026 | 0.31 | 0.27 | +14.8% |
| Nov 3, 2025 | 0.40 | 0.28 | +42.9% |
| Aug 4, 2025 | 0.53 | 0.30 | +76.7% |
| May 5, 2025 | 0.31 | 0.32 | −3.1% |
| Feb 24, 2025 | 0.18 | 0.39 | −53.8% |
| Nov 4, 2024 | 0.41 | 0.36 | +13.9% |
| Aug 5, 2024 | 0.29 | 0.36 | −19.4% |
9.0%of the share price, paid each year
On $1,000 invested$90a year at today's yield, before tax
+14.7%2020 to 2025
Raised–not every year
Paid per share, each year
$0.42 in 2015 → $1.35 in 2025
How safe it looks
105.1% of its profit
Room to growStretchedMore than it earns: 164.9%
News
Microsoft Service Outage Give Software Giant Black EyeYahoo Finance · Nov 13, 2026Black Rock Coffee Bar raises its full-year store growth targetSeeking Alpha · Nov 11, 2026A prolonged war in Iran is the market’s real ‘black swan,’ says this strategistMarketWatch · Nov 5, 2026Should You Be Worried About Stanley Black & Decker Stock?Yahoo Finance · Oct 29, 2026Black Stone Minerals declares $0.30 dividendSeeking Alpha · Oct 22, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
91Pass
Benjamin Graham
81Pass
Philip Fisher
82Pass
Peter Lynch
40No pass
Joel Greenblatt
75Pass
Charlie Munger
100Pass
Terry Smith
94Pass
Questions about Black Stone Minerals, L.P.
Is Black Stone Minerals, L.P. a good stock to buy?
A strong, very profitable business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Black Stone Minerals, L.P. AI analysis
What does Black Stone Minerals, L.P. do?
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It is in Oil & Gas Exploration & Production, based in Houston, TX, United States.
Does Black Stone Minerals, L.P. pay a dividend?
Yes. At today's price the dividend is 9.0% a year, about 105% of its yearly profit. In 2025 it paid out $315 million in dividends.
Is Black Stone Minerals, L.P. stock halal?
Yes. Black Stone Minerals, L.P. passes our halal screen: its business is permitted and its debt is 5% of its market value, under the 30% limit. How we check
How has Black Stone Minerals, L.P. stock done over the past year?
Up 4.1% over the past twelve months, to $14.22. It traded between $13.28 and $15.44 and is 7.9% below its high.
Who are Black Stone Minerals, L.P.'s competitors?
The largest listed companies in the same industry are EQT, Coterra Energy, Expand Energy and Permian Resources. The peers table on this page compares their profit, growth and price with Black Stone Minerals, L.P.'s.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.