bsm: the income statement

MyFinsight

Black Stone Minerals, L.P. (BSM)

For the quarter ending 2025-06-30, BSM made $159,494K in revenue. $112,661K in net income. Net profit margin of 70.64%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenue	159,494	59,252	134,856	109,624
Production costs and ad valorem taxes	9,026	10,185	12,369	13,469
Lease operating expense	2,990	2,162	2,422	2,579
General and administrative	13,924	15,172	12,801	13,395
Exploration expense	1,749	5,110	2,562	14
Depreciation, depletion, and amortization	9,187	9,130	11,258	11,356
Accretion of asset retirement obligations	337	332	324	321
Total operating expense	37,213	42,091	41,736	41,134
Income from operations	122,281	17,161	93,120	68,490
Interest expense	-	-	-	626
Other income (expense)	-39	120	-9	-4
Interest and investment income	56	64	344	462
Interest expense	2,270	1,397	724	-
Total other expense	-2,253	-1,213	-389	-168
Net income	120,028	15,948	92,731	68,322
Distributions on series b cumulative convertible preferred units	7,367	7,366	7,366	-
Net income attributable to the general partner and common units	112,661	8,582	85,365	68,322

Diluted average shares	-	-	-	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS)