Black Stone Minerals, L.P (BSM) Financial Statements
Price: $14.47
Market Cap: $3.06B
Avg Volume: 454.24K
Market Cap: $3.06B
Avg Volume: 454.24K
Country: US
Industry: Oil & Gas Exploration & Production
Sector: Energy
Industry: Oil & Gas Exploration & Production
Sector: Energy
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Black Stone Minerals, L.P.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $433.70M | $501.10M | $663.60M | $359.26M | $342.75M | $487.82M | $609.57M | $429.66M | $260.83M | $392.92M |
| Cost of Revenue | $104.48M | $80.87M | $126.42M | $123.88M | $139.51M | $187.78M | $205.43M | $179.29M | $156.71M | $161.65M |
| Gross Profit | $329.22M | $420.23M | $537.19M | $235.38M | $203.24M | $300.04M | $404.14M | $250.37M | $104.13M | $231.28M |
| Gross Profit Ratio | 75.91% | 83.86% | 80.95% | 65.52% | 59.30% | 61.51% | 66.30% | 58.27% | 39.92% | 58.86% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $52.08M | $51.45M | $53.65M | $48.75M | $42.98M | $63.35M | $76.71M | $77.57M | $73.14M | $77.17M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $52.08M | $51.45M | $53.65M | $48.75M | $42.98M | $63.35M | $76.71M | $77.57M | $73.14M | $77.17M |
| Other Expenses | $- | $-88.00M | $1.05M | $2.15M | $1.16M | $1.51M | $-2.25M | $714.00K | $-390.00K | $910.00K |
| Operating Expenses | $52.08M | $-36.55M | $54.71M | $50.90M | $44.14M | $64.87M | $85.76M | $79.22M | $74.68M | $82.44M |
| Cost and Expenses | $160.59M | $65.00M | $181.12M | $174.78M | $183.66M | $252.65M | $291.19M | $258.51M | $231.38M | $244.08M |
| Interest Income | $1.67M | $1.87M | $53.00K | $1.00K | $35.00K | $159.00K | $183.00K | $49.00K | $656.00K | $58.00K |
| Interest Expense | $3.11M | $2.75M | $6.29M | $5.64M | $10.41M | $21.43M | $20.76M | $15.69M | $7.55M | $6.42M |
| Depreciation and Amortization | $45.20M | $46.73M | $48.66M | $62.09M | $83.15M | $110.70M | $123.76M | $115.56M | $103.38M | $104.30M |
| EBITDA | $319.63M | $472.03M | $531.43M | $246.87M | $215.38M | $345.97M | $442.33M | $289.71M | $131.11M | $8.44M |
| EBITDA Ratio | 73.70% | 94.20% | 80.08% | 68.72% | 62.84% | 70.92% | 72.57% | 67.43% | 50.27% | 2.15% |
| Operating Income | $273.11M | $423.60M | $482.50M | $123.76M | $77.19M | $126.22M | $318.38M | $172.08M | $27.47M | $-95.86M |
| Operating Income Ratio | 62.97% | 84.53% | 72.71% | 34.45% | 22.52% | 25.87% | 52.23% | 40.05% | 10.53% | -24.40% |
| Total Other Income Expenses Net | $-1.78M | $-1.05M | $-6.02M | $-5.34M | $-10.29M | $-20.80M | $-22.82M | $-14.93M | $-7.28M | $-5.45M |
| Income Before Tax | $271.33M | $422.55M | $476.48M | $181.99M | $121.82M | $214.37M | $295.56M | $157.15M | $20.19M | $-101.31M |
| Income Before Tax Ratio | 62.56% | 84.32% | 71.80% | 50.66% | 35.54% | 43.94% | 48.49% | 36.58% | 7.74% | -25.78% |
| Income Tax Expense | $- | $- | $6.02M | $-55.08M | $-71.53M | $-87.68M | $-2.06M | $-98.16M | $-95.34M | $-97.78M |
| Net Income | $271.33M | $422.55M | $476.48M | $181.99M | $193.35M | $302.05M | $295.54M | $157.19M | $20.20M | $-100.50M |
| Net Income Ratio | 62.56% | 84.32% | 71.80% | 50.66% | 56.41% | 61.92% | 48.48% | 36.58% | 7.74% | -25.58% |
| EPS | $1.15 | $1.91 | $2.18 | $0.77 | $0.94 | $1.47 | $1.36 | $1.01 | $0.26 | $-0.53 |
| EPS Diluted | $1.15 | $1.78 | $2.03 | $0.77 | $0.93 | $1.47 | $1.36 | $1.01 | $0.26 | $-0.53 |
| Weighted Average Shares Outstanding | 210.68M | 209.97M | 209.38M | 208.18M | 206.71M | 205.97M | 217.61M | 192.55M | 191.21M | 191.24M |
| Weighted Average Shares Outstanding Diluted | 210.78M | 225.10M | 224.45M | 208.29M | 206.82M | 206.12M | 217.61M | 192.55M | 191.83M | 191.24M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.52M | $70.28M | $4.31M | $8.88M | $1.80M | $8.12M | $5.41M | $5.64M | $9.77M | $13.23M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $2.52M | $70.28M | $4.31M | $8.88M | $1.80M | $8.12M | $5.41M | $5.64M | $9.77M | $13.23M |
| Net Receivables | $71.09M | $82.25M | $135.70M | $97.14M | $61.91M | $78.21M | $113.15M | $80.69M | $68.18M | $41.25M |
| Inventory | $- | $- | $31.47M | $- | $1 | $1 | $- | $- | $- | $1 |
| Other Current Assets | $4.93M | $40.59M | $33.38M | $3.91M | $4.49M | $17.13M | $39.97M | $2.52M | $2.07M | $49.97M |
| Total Current Assets | $78.54M | $193.13M | $173.38M | $107.97M | $66.52M | $102.29M | $157.53M | $87.64M | $78.99M | $103.59M |
| Property Plant Equipment Net | $2.04M | $1.07B | $1.09B | $1.13B | $1.17B | $1.43B | $1.58B | $1.48B | $1.04B | $938.59M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $728.00K | $- | $- | $608.00K | $10.07M | $363.00K | $- | $16.27M |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $1.14B | $8.26M | $8.73M | $6.61M | $5.32M | $8.08M | $6.64M | $7.12M | $5.17M | $2.97M |
| Total Non-Current Assets | $1.14B | $1.07B | $1.10B | $1.14B | $1.18B | $1.44B | $1.59B | $1.49B | $1.05B | $957.84M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.22B | $1.27B | $1.27B | $1.25B | $1.24B | $1.55B | $1.75B | $1.58B | $1.13B | $1.06B |
| Account Payables | $5.95M | $6.27M | $6.77M | $5.94M | $3.41M | $5.31M | $4.15M | $2.46M | $4.14M | $5.04M |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $6.50M | $6.38M | $7.43M | $5.70M | $8.43M | $8.13M | $5.82M | $4.09M | $3.17M | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $518.00K | $3.26M |
| Other Current Liabilities | $17.98M | $13.19M | $16.53M | $65.49M | $28.11M | $16.36M | $54.80M | $53.18M | $64.01M | $58.00M |
| Total Current Liabilities | $30.42M | $25.84M | $30.73M | $77.14M | $39.95M | $29.80M | $64.77M | $59.73M | $71.33M | $63.04M |
| Long Term Debt | $25.00M | $- | $10.00M | $89.00M | $121.00M | $394.00M | $410.00M | $388.00M | $316.00M | $66.00M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $518.00K | $3.26M |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $34.04M | $23.70M | $20.54M | $18.15M | $24.06M | $24.60M | $72.73M | $38.17M | $15.32M | $18.49M |
| Total Non-Current Liabilities | $59.04M | $23.70M | $30.54M | $107.15M | $145.06M | $418.60M | $482.73M | $426.17M | $331.83M | $87.74M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $89.47M | $49.54M | $61.27M | $184.29M | $185.01M | $448.40M | $547.50M | $485.91M | $403.17M | $150.78M |
| Preferred Stock | $- | $- | $298.36M | $298.36M | $298.36M | $298.36M | $298.36M | $322.42M | $54.02M | $79.16M |
| Common Stock | $- | $- | $911.45M | $765.27M | $760.61M | $798.44M | $904.26M | $767.25M | $670.62M | $830.35M |
| Retained Earnings | $- | $- | $- | $- | $- | $- | $- | $-1.09B | $-724.64M | $-909.51M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $- | $- | $-1.88B | $-1.78B | $-1.67B | $-1.56B |
| Other Total Stockholders Equity | $828.96M | $- | $-298.36M | $-298.36M | $-298.36M | $-298.36M | $714.82M | $-321.56M | $2.28B | $2.31B |
| Total Stockholders Equity | $828.96M | $- | $911.45M | $765.27M | $760.61M | $798.44M | $1.20B | $768.12M | $671.65M | $831.49M |
| Total Equity | $828.96M | $- | $911.45M | $765.27M | $760.61M | $798.44M | $1.20B | $768.99M | $672.67M | $832.63M |
| Total Liabilities and Stockholders Equity | $918.43M | $49.54M | $61.27M | $184.29M | $185.01M | $448.40M | $1.75B | $486.77M | $404.19M | $151.93M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $867.00K | $1.02M | $1.14M |
| Total Liabilities and Total Equity | $918.43M | $49.54M | $61.27M | $184.29M | $185.01M | $448.40M | $1.75B | $486.77M | $404.19M | $151.93M |
| Total Investments | $- | $- | $728.00K | $- | $- | $608.00K | $10.07M | $363.00K | $- | $16.27M |
| Total Debt | $25.00M | $- | $10.00M | $89.00M | $121.00M | $394.00M | $410.00M | $388.00M | $316.00M | $66.00M |
| Net Debt | $22.48M | $-70.28M | $5.69M | $80.12M | $119.20M | $385.88M | $404.59M | $382.36M | $306.23M | $52.77M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $271.33M | $422.55M | $476.48M | $181.99M | $121.82M | $214.37M | $295.56M | $157.15M | $20.19M | $-101.31M |
| Depreciation and Amortization | $45.20M | $- | $47.80M | $61.02M | $82.02M | $109.58M | $122.65M | $114.53M | $102.49M | $104.30M |
| Deferred Income Tax | $- | $- | $- | $-61.02M | $-82.02M | $4.96M | $-14.83M | $-27.83M | $38.45M | $154.41M |
| Stock Based Compensation | $8.56M | $10.83M | $17.39M | $12.22M | $3.73M | $20.48M | $30.13M | $33.04M | $43.14M | $18.00M |
| Change in Working Capital | $11.50M | $48.81M | $-36.45M | $-32.49M | $10.06M | $33.69M | $-19.85M | $-11.93M | $-53.84M | $44.24M |
| Accounts Receivables | $11.24M | $53.05M | $-39.51M | $-34.86M | $16.49M | $35.04M | $-31.53M | $-6.08M | $-29.76M | $33.59M |
| Inventory | $- | $- | $- | $- | $- | $213.00K | $339.00K | $-177.00K | $-180.00K | $95.00K |
| Accounts Payables | $1.04M | $-3.83M | $3.01M | $2.65M | $-5.93M | $-1.19M | $11.47M | $-3.58M | $-23.03M | $11.22M |
| Other Working Capital | $-789.00K | $-414.00K | $51.00K | $-289.00K | $-500.00K | $-380.00K | $-129.00K | $-2.09M | $-870.00K | $-660.00K |
| Other Non Cash Items | $52.46M | $39.06M | $-80.24M | $95.17M | $146.20M | $29.64M | $-28.29M | $16.89M | $46.23M | $65.09M |
| Net Cash Provided by Operating Activities | $389.04M | $521.25M | $424.98M | $256.88M | $281.81M | $412.72M | $385.38M | $281.85M | $196.66M | $284.74M |
| Investments in Property Plant and Equipment | $-4.21M | $-19.81M | $-12.56M | $-14.63M | $-4.82M | $-111.30M | $-297.33M | $-484.52M | $-221.74M | $-116.70M |
| Acquisitions Net | $- | $- | $11.35M | $318.00K | $156.06M | $62.68M | $131.82M | $30.27M | $198.00K | $25.70M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-108.02M | $73.00K | $11.35M | $318.00K | $156.06M | $62.68M | $133.53M | $30.27M | $198.00K | $25.70M |
| Net Cash Used for Investing Activities | $-112.24M | $-19.74M | $-1.22M | $-14.32M | $151.25M | $-48.62M | $-163.80M | $-454.25M | $-221.54M | $-91.00M |
| Debt Repayment | $25.00M | $-10.00M | $-79.00M | $-32.00M | $-273.00M | $-16.00M | $22.00M | $72.00M | $250.00M | $-328.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $40.54M | $325.93M | $- | $399.09M |
| Common Stock Repurchased | $-4.45M | $-5.50M | $-2.99M | $-1.96M | $-5.04M | $-16.93M | $-12.69M | $-27.89M | $-45.90M | $-43.76M |
| Dividends Paid | $-365.06M | $-419.82M | $-343.40M | $-197.92M | $-161.34M | $-328.42M | $-268.49M | $-198.58M | $-182.33M | $-221.05M |
| Other Financing Activities | $-64.00K | $-216.00K | $-2.94M | $-3.60M | $- | $- | $-3.16M | $-3.19M | $-37.27M | $-1.58M |
| Net Cash Used Provided by Financing Activities | $-344.57M | $-435.54M | $-428.34M | $-235.48M | $-439.38M | $-361.39M | $-221.80M | $168.27M | $21.43M | $-195.31M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-67.76M | $65.97M | $-4.57M | $7.08M | $-6.32M | $2.71M | $-228.00K | $-4.13M | $-3.46M | $-1.57M |
| Cash at End of Period | $2.52M | $70.28M | $4.31M | $8.88M | $1.80M | $8.12M | $5.41M | $5.64M | $9.77M | $13.23M |
| Cash at Beginning of Period | $70.28M | $4.31M | $8.88M | $1.80M | $8.12M | $5.41M | $5.64M | $9.77M | $13.23M | $14.80M |
| Operating Cash Flow | $389.04M | $521.25M | $424.98M | $256.88M | $281.81M | $412.72M | $385.38M | $281.85M | $196.66M | $284.74M |
| Capital Expenditure | $-4.21M | $-19.81M | $-12.56M | $-14.63M | $-4.82M | $-111.30M | $-297.33M | $-484.52M | $-221.74M | $-116.70M |
| Free Cash Flow | $384.83M | $501.44M | $412.42M | $242.25M | $276.99M | $301.42M | $88.04M | $-202.67M | $-25.08M | $168.03M |