BSM
Black Stone Minerals·NYSE
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BSM fundamentals
Black Stone Minerals (BSM) released its earnings on Feb 24, 2026: revenue was 118.70M (YoY +13.82%), beat estimates; EPS was 0.31 (YoY +72.22%), beat estimates.
Revenue / YoY
118.70M
+13.82%
EPS / YoY
0.31
+72.22%
Report date
Feb 24, 2026
BSM Earnings Call Summary for Q4,2025
- 2026 Production Growth: Q4 2025 levels (32,000 BOE/day) to step up quarterly, driven by 37 wells/year from new agreements and 18 wells drilled in 2026.
- Strategic Investments: $30M in seismic surveys to accelerate development, with exclusion from adjusted EBITDA.
- Distribution Security: 1.05x coverage in Q4 2025, supported by hedges and minimum drilling commitments.
- Expansion Opportunities: Gulf Coast and Haynesville Basin positions to benefit from LNG and power generation demand growth.
- Permian Momentum: High-interest developments expected to contribute volumes late 2026 and 2027.
EPS
Actual | 0.34 | -0.07 | 0.09 | 0.12 | 0.05 | 0.05 | 0.05 | 0.6 | -0.06 | 0.59 | 0.75 | 0.82 | 0.6 | 0.35 | 0.27 | 0.65 | 0.27 | 0.29 | 0.41 | 0.18 | 0.04 | 0.53 | 0.4 | 0.31 | |||||||||||
Forecast | 0.1778 | 0.1654 | 0.1679 | 0.1878 | 0.1268 | 0.1355 | 0.1461 | 0.186 | 0.3267 | 0.375 | 0.4 | 0.406 | 0.444 | 0.384 | 0.4258 | 0.4933 | 0.3533 | 0.3567 | 0.35 | 0.3667 | 0.3233 | 0.29 | 0.2767 | 0.2633 | |||||||||||
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | +91.23% | -142.32% | -46.40% | -36.10% | -60.57% | -63.10% | -65.78% | +222.58% | -118.37% | +57.33% | +87.50% | +101.97% | +35.14% | -8.85% | -36.59% | +31.77% | -23.58% | -18.70% | +17.14% | -50.91% | -87.63% | +82.76% | +44.56% | +17.74% |
Revenue
Actual | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 183.05M | 38.53M | 43.74M | 77.43M | 61.57M | 58.44M | 59.83M | 179.42M | 36.42M | 180.37M | 216.43M | 230.38M | 122.31M | 117.00M | 109.80M | 190.84M | 105.49M | 109.62M | 134.86M | 104.29M | 59.25M | 159.49M | 132.47M | 118.70M |
Forecast | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 103.60M | 90.53M | 84.02M | 86.01M | 79.66M | 79.59M | 84.75M | 91.99M | 123.38M | 135.73M | 137.98M | 136.23M | 138.74M | 117.28M | 131.13M | 137.56M | 120.34M | 119.59M | 117.68M | 110.83M | 117.32M | 106.70M | 101.64M | 98.44M |
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | +76.70% | -57.44% | -47.94% | -9.98% | -22.72% | -26.57% | -29.41% | +95.05% | -70.48% | +32.89% | +56.85% | +69.10% | -11.84% | -0.24% | -16.27% | +38.73% | -12.34% | -8.33% | +14.60% | -5.90% | -49.50% | +49.48% | +30.33% | +20.58% |
Earnings Call
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What were the key takeaways from Black Stone Minerals’s earnings call?What were the key takeaways from Black Stone Minerals's earnings call?What factors drove the changes in Black Stone Minerals's revenue and profit?What does Black Stone Minerals do and what are its main business segments?What guidance did Black Stone Minerals's management provide for the next earnings period?Did Black Stone Minerals beat or miss consensus estimates last quarter?What is the market's earnings forecast for Black Stone Minerals next quarter?What is Black Stone Minerals's gross profit margin?
