Black Stone Minerals, L.P. stock | Price target for 2026, price & analyst rating

Black Stone Minerals...

NYSE:BSM

$ 15,15

$-0,17 (-1,11%)

15,15 $

$-0,17 (-1,11%)

End-of-day quote: 03/27/2026

Black Stone Minerals, L.P. Stock Value

The analyst rating for NYSE:BSM is currently Hold.

Hold

Black Stone Minerals, L.P. Company Info

EPS Growth 5Y

4,94%

Market Cap

$3,22 B

Long-Term Debt

$0,03 B

Short Interest

8,38%

Quarterly earnings

05/01/2026 (E)

Dividend

$1,19

Dividend Yield

7,83%

Founded

1876

Industry

Energy

Country

United States

ISIN Number

US09225M1018

Website

http://www.blackstoneminerals.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$14,00

-7.59%

Last Update: 03/29/2026

Analysts: 1

Highest Price Target $14,00

Average Price Target $14,00

Lowest Price Target $14,00

In the last five quarters, Black Stone Minerals, L.P.’s Price Target has fallen from $17,14 to $16,00 - a -6,65% decrease. Two analysts predict that Black Stone Minerals, L.P.’s share price will fall in the coming year, reaching $14,00. This would represent a decrease of -7,59%.

Top growth stocks in the energy sector (5Y.)

What does Black Stone Minerals, L.P. do?

Black Stone Minerals, L.P. (BSM) owns and manages oil and natural gas mineral interests in the United States ('U.S.'). The company owns mineral interests in approximately 16.8 million gross acres, with an average 43.3% ownership interest in that acreage. The company also owns nonparticipating royalty interests in 1.8 million gross acres and overriding royalty interests in 1.6 million gross acres. The company’s mineral and royalty interests are in 41 states in the continental U.S., including all...

Black Stone Minerals, L.P. (BSM) owns and manages oil and natural gas mineral interests in the United States ('U.S.').

The company owns mineral interests in approximately 16.8 million gross acres, with an average 43.3% ownership interest in that acreage. The company also owns nonparticipating royalty interests in 1.8 million gross acres and overriding royalty interests in 1.6 million gross acres. The company’s mineral and royalty interests are in 41 states in the continental U.S., including all the major onshore producing basins. Many of these interests are in active resource plays, including the Haynesville/Bossier shales in East Texas/Western Louisiana, the Wolfcamp/Spraberry/Bone Springs in the Permian Basin, the Bakken/Three Forks in the Williston Basin, and the Eagle Ford shale in South Texas.

Non-Operated Working Interests

The company owns non-operated working interests related to its mineral interests in various plays across its asset base. The majority of its working interest exposure is in the Haynesville/Bossier play in San Augustine County, Texas, and Angelina County, Texas.

The company also holds working interests acquired through working interest participation rights, which it often includes in the terms of its leases. The company generally farms out or sells these participation rights to third parties and often retains some form of non-cost-bearing interest in those wells, such as an overriding royalty interest.

Properties

BSM Land Regions

The company divides the contiguous U.S. into major geographical regions that it refers to as ‘BSM Land Regions.’

Gulf Coast: The Gulf Coast region consists of the land area along the Gulf of Mexico from South Texas through Florida. This region includes the Western Gulf (onshore), East Texas Basin, Louisiana-Mississippi Salt Basin, and South Florida Basin.

Southwestern U.S: The Southwestern U.S. region consists of the land area north of the Mexico-United States border from Central Texas westward through Arizona. This region includes the Permian Basin, Fort Worth Basin, Bend Arch, Palo Duro Basin, Dalhart Basin, and Marfa Basin.

Rocky Mountain: The Rocky Mountains region consists of the land area along the Rocky Mountains from Northern New Mexico through Montana and North Dakota. This region includes the Williston Basin, Montana Thrust Belt, Bighorn Basin, Powder River Basin, Greater Green River Basin, Denver-Julesburg Basin, Uinta-Piceance Basin, Park Basin, Paradox Basin, San Juan Basin, and Raton Basin.

Eastern U.S: The Eastern U.S. region consists of the land area east of the Mississippi River and north of the Gulf Coast region. This region includes the Michigan Basin, Illinois Basin, Appalachian Basin, and Black Warrior Basin.

Mid-Continent: The Mid-Continent region extends from Oklahoma north through Minnesota. This region includes the Anadarko Basin, Arkoma Basin, Forest City Basin, Cherokee Platform, Marietta Basin, and Ardmore Basin.

Western U.S: The Western U.S. region consists of the land area west of the Rocky Mountains and Southwestern U.S. regions. This region includes the San Joaquin Basin, Santa Maria Basin, Ventura Basin, Los Angeles Basin, Sacramento Basin, and Eastern Great Basin.

Material Resource Plays

Bakken/Three Forks: The Bakken shale and underlying Three Forks formation are in the Williston Basin, which covers parts of North Dakota, South Dakota, and Montana in the U.S., and Saskatchewan and Manitoba in Canada. The U.S. portion of the Bakken/Three Forks play is within the Rocky Mountains BSM Land Region. The company has significant exposure in these plays through its mineral and royalty interests as well as through the company’s working interests.

Haynesville/Bossier: The Haynesville/Bossier formation, located in East Texas and Western Louisiana, is within the Gulf Coast BSM Land Region and is one of the largest producing natural gas formations in the U.S. The play’s prospective acreage is evenly divided between East Texas and Western Louisiana, and while the company has significant exposure through its mineral and royalty interests and working interests across the entire play, the majority of the company’s acreage is located in East Texas, with a particular concentration in the prolific southern portion of the Shelby Trough in San Augustine, Nacogdoches, and Angelina Counties.

Permian-Midland: The Midland Basin, which is a sub-basin within the Permian Basin, is in West Texas in the Southwestern U.S. BSM Land Region. It is separated from the Delaware Basin to the west by a carbonate platform called the Central Basin Platform. The company refers to the various Permian-aged resource plays within the Midland Basin as the Permian-Midland. These plays include the various members of the Spraberry and Wolfcamp formations. The company’s interests in the Permian-Midland resource plays are almost exclusively mineral and royalty interests.

Permian-Delaware: The Delaware Basin, which is a sub-basin within the Permian Basin, is in West Texas and Southeastern New Mexico in the Southwestern U.S. BSM Land Region. The company is separated from the Midland Basin to the east by a carbonate platform called the Central Basin Platform. The company refers to the various Permian-aged resource plays within the Delaware Basin as the Permian-Delaware. These plays include the various members of the Bone Springs, Avalon, and Wolfcamp formations. The company’s interests in the Permian-Delaware resource plays are almost exclusively mineral and royalty interests.

Eagle Ford: The Eagle Ford shale is in South Texas within the Gulf Coast BSM Land Region and produces from various depths between 4,000 and 14,000 feet.

Seasonal Nature of Business

Demand for natural gas is typically higher during the winter, resulting in higher natural gas prices for the company’s natural gas production during its first and fourth quarters (year ended December 31, 2024).

Environmental Matters

The Occupational Safety and Health Act (‘OSHA’) and comparable state laws and regulations govern the protection of the health and safety of employees. In addition, OSHA’s hazard communication standard, the Emergency Planning and Community Right to Know Act and implementing regulations, and similar state statutes and regulations require that information be maintained about hazardous materials used or produced in operations on the company’s properties and that this information be provided to employees, state and local government authorities, and citizens.

History

Black Stone Minerals, L.P. was founded in 1876. The company was incorporated in 2014.

Black Stone Minerals, L.P. Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Oil and Gas Production:** 70% **Mineral Rights and Royalties:** 25% **Other Revenues:** 5% **TOP 3 Markets:** 1. **USA:** 85% 2. **Canada:** 10% 3. **Mexico:** 5% Black Stone Minerals, L.P. generates the majority of its revenues from oil and gas production, which is typical for com...

At which locations are the company’s products manufactured?

**Main production areas:** Texas, Louisiana, Oklahoma, Arkansas Black Stone Minerals, L.P. is one of the largest publicly traded mineral and royalty companies in the USA. The company owns extensive mineral and royalty interests primarily located in the productive regions of Texas, Louisiana, Oklaho...

What strategy does Black Stone Minerals, L.P. pursue for future growth?

**Dividend Yield:** 10.5% (2025) **Investments in Renewable Energies:** Planned increase of 20% by 2027 Black Stone Minerals, L.P. pursues a strategy focused on maximizing shareholder returns through stable dividend payments. The company has maintained a high dividend yield in recent years, makin...

Which raw materials are imported and from which countries?

**Main raw materials:** Natural gas, crude oil **Import countries:** USA (main production country) Black Stone Minerals, L.P. is one of the largest publicly traded mineral and royalty companies in the USA. The company mainly focuses on the exploration and production of natural gas and crude oil wi...

How strong is the company’s competitive advantage?

**Current Dividend Yield:** 10.5% (2026) **Market Capitalization:** 3.5 billion USD (2026) **Return on Equity (ROE):** 25% (2026) Black Stone Minerals, L.P. has a significant competitive advantage that manifests in several key areas. The high dividend yield of 10.5% signals a strong ability to...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 25% (estimated, based on historical data) **Insider Purchases/Sales:** No significant changes in the last year (estimated, based on historical trends) The institutional investor share at Black Stone Minerals, L.P. traditionally stands at about a quar...

What percentage market share does Black Stone Minerals, L.P. have?

**Market share of Black Stone Minerals, L.P. (BSM):** Estimate: 2-3% (2026) **Top competitors and their market shares:** 1. **ExxonMobil (NYSE:XOM):** 15-20% 2. **Chevron Corporation (NYSE:CVX):** 10-15% 3. **ConocoPhillips (NYSE:COP):** 8-10% 4. **EOG Resources, Inc. (NYSE:EOG):** 5-7% 5. **Pionee...

Is Black Stone Minerals, L.P. stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Net Income:** 210 million USD (2025) **Dividend Yield:** 10% (estimated for 2026) Black Stone Minerals, L.P. is one of the largest publicly traded mineral and royalty companies in the USA. The company benefits from stable revenues from its mineral and royalty inter...

Does Black Stone Minerals, L.P. pay a dividend – and how reliable is the payout?

**Dividend Yield:** 10.5% (estimated for 2026) **Dividend History:** Regular payouts for several years Black Stone Minerals, L.P. is known for its reliable dividend payments. The company has consistently distributed dividends in the past, indicating a solid financial foundation and stable cash flo...

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Black Stone Minerals, L.P. Stock Value

Black Stone Minerals, L.P. Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Black Stone Minerals, L.P. do?

Black Stone Minerals, L.P. Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Black Stone Minerals, L.P. Stock Value

Black Stone Minerals, L.P. Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Black Stone Minerals, L.P. do?

Black Stone Minerals, L.P. Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.