BSMBlack Stone Minerals, L.P.
Next earnings Aug 3, 2026 · consensus $0.22 EPS, $115M rev
Last earnings -3.9% on 2026-05-05
$14.33
▲ +0.14%$14.33▲ +16.83%
over 1Y
L $10.98H $15.09
Our buy Our hold Our sell Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today
+0.1%
1W
+2.4%
1M
+5.1%
3M
+8.6%
YTD
+10.7%
1Y
+16.8%
Strong net margin (71.0%); but revenue declined -3.9% YoY.
Revenue (FY2025) $422M · FY2025
This call stands until the filings change it — the engine re-rates on new 10-K/10-Q/8-K facts, never on price moves. Hit Watch above to follow BSM (Pro alerts fire the moment a rating flips), or catch every change in Saturday’s Flip Side. How to read a call
Black Stone Minerals, L.P. shows $422M in FY2025 revenue (-3.9% YoY), a 71.0% net margin.
Supporting the case: strong net margin (71.0%).
Is BSM a buy? The one-page verdict, explained →
The options angle
model · matches our verdictCovered call~65d expiry
- Long 100 shares @ ~14.33
- Short call 15 @ ~0.36 est
debit $1,397max +$103max −$1,396BE 13.97
HOLD means own it, don't chase it — harvesting premium against the position matches the verdict.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $506M | $784M | $501M | $439M | $422M |
| Gross profit | — | — | — | — | — |
| Operating income | $187M | $482M | $424M | $273M | $308M |
| Net income | $182M | $476M | $423M | $271M | $300M |
| Diluted EPS | — | — | — | — | — |
| Net margin | 36.0% | 60.8% | 84.3% | 61.7% | 71.0% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$3.05B
EV / EBITDA8.8
EV / Sales7.2
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield9.8%
FCF yield—
Quality & risk
ROIC (est.)—
Free cash flow—
Total debt—
Net cash$1.48M
Piotroski F-Score5/6
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timelineSEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-07-022026-07-02open ↗4Period ending 2026-07-022026-07-02open ↗4Period ending 2026-07-022026-07-02open ↗4Period ending 2026-07-022026-07-02open ↗4Period ending 2026-07-022026-07-02open ↗8-KPeriod ending 2026-06-112026-06-16open ↗4Period ending 2026-05-292026-06-02open ↗4Period ending 2026-05-282026-05-28open ↗4Period ending 2026-05-132026-05-14open ↗4Period ending 2026-05-122026-05-13open ↗4Period ending 2026-05-082026-05-12open ↗144Filing2026-05-12open ↗
Frequently asked
- Is Black Stone Minerals, L.P. (BSM) a buy?
- BSM currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Strong net margin (71.0%); but revenue declined -3.9% YoY.
- What is Black Stone Minerals, L.P.'s quality score?
- BSM scores 72.82293133484634/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
New filings change verdicts
The daily Brief delivers our freshest calls, rating flips and the filings behind them — every morning, free.
Sources: SEC EDGAR (CIK 0001621434, latest 10-Q filed 2026-05-05) · EODHD · as of 7/15/2026, 8:11:15 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
Rule-based analysis, generated automatically from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 15, 2026, 4:11 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.