Black Stone Minerals, L.P.

BSM Energy Oil & Gas E&P

Black Stone Minerals, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $469.9 million, up 8.35% from fiscal 2024. In the quarter to June 2026, revenue fell 6.60%, EPS fell 11.3%, free cash flow grew 10.1% and total debt rose 98.0%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

15.03 0.28 +1.90%
Market cap
$3.1B
P/E
12.4×
Fwd P/E
19.6×
Dividend yield
8.12%
F-score
6/9
Altman Z
n/a
Beneish M
−2.72
Dividend safety
20/100

Black Stone Minerals, L.P. (BSM) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Black Stone Minerals, L.P. (BSM) trades at a P/E ratio of 12.4×. Over the past ten years it has ranged from 0.0× (December 2016) to 214× (January 2017); the current reading is higher than 57% of that period. That is above the Oil & Gas E&P industry median of 11.0× and below the Energy sector median of 13.9×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 10.4× (17.51%)
FY2024 12.6× 50.34%
FY2023 8.4× 15.27%
FY2022 7.3× (45.86%)
FY2021 13.4× (3.60%)
FY2020 13.9× 5.03%
FY2019 13.3× 24.11%
FY2018 10.7× (42.89%)
FY2017 18.7× (91.18%)
FY2016 212× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 11.5× (3.02%)
Mar 2026 11.9× 14.67%
Dec 2025 10.4× (8.34%)
Sep 2025 11.3× 1.32%
42 more quarters

Against its own ten years

Low 0.0× High 214×
Ten-year median 11.7×
Current reading's percentile 53

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on BSM