For the quarter ending 2026-03-31, BSM made $59,359K in revenue. $5,906K in net income. Net profit margin of 9.95%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | 59,359 | 118,703 | 132,470 | 159,494 |
| Lease operating expense | 1,893 | 2,236 | 2,753 | 2,990 |
| Production costs and ad valorem taxes | 9,200 | 8,878 | 10,935 | 9,026 |
| Exploration expense | 4,625 | 9,624 | 2,151 | 1,749 |
| Depreciation, depletion, and amortization | 9,785 | 8,670 | 9,900 | 9,187 |
| General and administrative | 16,832 | 14,080 | 12,287 | 13,924 |
| Accretion of asset retirement obligations | 389 | 361 | 344 | 337 |
| Gain on sale of assets, net | - | 0 | - | - |
| Total operating expense | 42,724 | 43,849 | 38,370 | 37,213 |
| Income from operations | 16,635 | 74,854 | 94,100 | 122,281 |
| Interest and investment income | 32 | 55 | 62 | 56 |
| Interest expense | 3,361 | 2,837 | 2,426 | 2,270 |
| Other income (expense), net | -34 | 155 | -7 | -39 |
| Total other expense | -3,363 | -2,627 | -2,371 | -2,253 |
| Net income | 13,272 | 72,227 | 91,729 | 120,028 |
| Distributions on series b cumulative convertible preferred units | 7,366 | 7,367 | 7,366 | 7,367 |
| Net income attributable to the general partner and common units | 5,906 | 64,860 | 84,363 | 112,661 |
Black Stone Minerals, L.P. (BSM)
Black Stone Minerals, L.P. (BSM)