Black Stone Minerals stock
BSMNYSEBlack Stone Minerals, L.P., EnergyISIN US09225M1018
75Score 75 out of 100, Strong
Price and trend
52 / 100
Price history
+2.2% in one yearThe chart shows daily closes over 12 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 2.9% below it.
Since August 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Sharply down: the price has fallen very quickly lately (RSI 29).
The price is 8.9% below its 52-week high. Largest decline in 12 years: 79% (December 2016 to March 2020).
Chart figures for advanced users
- SMA 50$14.65
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$14.49
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)29
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$13.28
- The lowest closing price of the last twelve months.
- Resistance$15.44
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Black Stone Minerals, L.P. belongs to the Oil & Gas Exploration & Production industry (United States) and, with a market value of $2.99B, is number 37 of 69 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $422.33M (down 3.9% year on year) and earnings of $299.93M (up 10.5%).
- MEQIRI Score 75 out of 100 (Strong): rank 20 of 266 in Energy, median 60.
Show more
- The P/E is 13.9 (Oil & Gas Exploration & Production median 10.8, own median of recent years 12.6).
- Our model puts fair value at $19.94, with the price 30% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High marginNet margin 53.7% over the last 12 months, Oil & Gas Exploration & Production median 12.4%.Profitability 95
- High dividend yieldDividend yield 9.08%, Oil & Gas Exploration & Production median 3.71%.Capital allocation 68
- Earnings per share growingUp 21.2% a year since 2020.Growth 59
Weaknesses
- Dividend not coveredPayouts over the last 12 months were 126% of earnings and 102% of free cash flow.Capital allocation 68
Its standout strengths are profitability and stability.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- cyclical sector (energy or materials), as a group, crashed more often in the backtest
What lowers it
- solid fundamentals
- calm price action
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $14.24 and expensive above $33.23 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $29.02 (cash-flow model) and $10.85 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $17.52, at 7.8% it would be $23.56.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (10.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 9.1% on the twelve months before. Revenue has changed sharply in recent years: $422.33M in 2025 after $784.28M in 2022.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 75%, operating 62%, net 71%. Last 12 months: net 54%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 22 Feb 2027in 101 days
- Last reported
- 2 Nov 2026EPS reported $0.21 (expected $0.26)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.01−0.3%
- Revenue
- $479.87M+2.4%
- Earnings per share
- $1.15+0.3%
- Revenue
- $507.31M+3.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −1.1%No formal guidance; management sees a coming production ramp, with 22 wells expected online in the second half of 2026 and into 2027.
“Three wells were turned to sales during the quarter with the remaining 22 wells in the program expected online during the second half of 2026 and into 2027.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 3 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
2 insiders bought on the open market in the last 6 months, $2.17M in total. One insider sold, $28.44M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Black Stone Minerals
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
266 rated companies in Energy
- This company
- 75
- Sector median
- 60
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Oil & Gas Exploration & Production
The next larger and next smaller companies by market value
- Comstock ResourcesCRK $4.44B42
- California ResourcesCRC $4.19B50
- Crescent EnergyCRGY $3.84B51
- Baytex EnergyBTE $2.98B49
- Gulfport EnergyGPOR $2.86B66
- Northern Oil and GasNOG $2.59B46
- Talos EnergyTALO $2.55B47
- DNODNO.OL $2.13B75
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 9 Jan 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.