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.

Revenue
−24.7%
EPS
−38.5%
Free cash flow
−4.44%
Total debt
+105.3%

Quarter to September 2026, against a year earlier

13.89 0.11 −0.79%
Market cap
$3.1B
P/E
13.6×
Fwd P/E
15.4×
Dividend yield
8.84%
F-score
6/9
Altman Z
n/a
Beneish M
−2.72
Dividend safety
20/100

Black Stone Minerals, L.P. (BSM) Shares outstanding

Alert me on Shares outstanding

Black Stone Minerals, L.P.'s shares outstanding at the end of fiscal 2025 was $211.7M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $212.7M. Over the past ten years it has ranged from $191.2M (fiscal 2015) to $225.1M (fiscal 2023); the current reading is higher than 73% of that period. Black Stone Minerals, L.P. ranks 18th of 72 Oil & Gas E&P companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $211.7M 0.45%
FY2024 $210.8M (6.36%)
FY2023 $225.1M 0.29%
FY2022 $224.4M 7.76%
FY2021 $208.3M 0.71%
FY2020 $206.8M 0.34%
FY2019 $206.1M (5.28%)
FY2018 $217.6M 13.02%
FY2017 $192.5M 0.61%
FY2016 $191.4M 0.07%

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $212.7M 0.05%
Jun 2026 $212.6M 0.11%
Mar 2026 $212.4M 0.30%
Dec 2025 $211.7M (0.06%)
42 more quarters

Against its own ten years

Low $191.2M High $225.1M
Ten-year median $208.3M
Current reading's percentile 73

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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