State Ledger
Company profile

Black Stone Minerals, L.P. CIK 1621434

Ticker
BSM (NYSE)
Industry
Crude Petroleum & Natural Gas
Headquarters
Houston, TX 77022
Fiscal year end
2025 (FY)
Market Data
Close
$14.79
Change
+$0.02
Change %
0.14%
Volume
6,505

BSM · trading date Oct 9, 2026 · previous close $14.77 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$469.92M
Net income
$270.47M
Total assets
$1.34B
Total liabilities
$207.10M
Stockholders' equity
—
Cash & equivalents
$1.48M
Operating income
$308.40M
Operating cash flow
$310.17M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-02-24. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
65.6%
Net margin
57.6%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
15.5%
Equity / assets
—
CapEx / revenue
—
Operating cash flow / net income
1.15×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $469.92M $270.47M $1.34B $207.10M —
2024 $433.70M $271.33M $1.22B $89.47M —
2023 $592.22M $422.55M $1.27B $49.54M —
2022 $663.60M $476.48M $1.27B $61.27M —
2021 $359.26M $181.99M $1.25B $184.29M —
Company Details
SIC code
1311
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form SCHEDULE 13G
2026-08-20
Financials filed via
Form 10-K
filed 2026-02-24

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Houston, TX 77022
1001 FANNIN STREET, SUITE 2020
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:04 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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