# Black Stone Minerals L.P. Common units representing limited partner interests (BSM) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $14.65, market value $3.1 billion.

## Valuation
- **P/E (trailing): 12.2×**. Black Stone Minerals L.P. Common units representing limited partner interests trades at 12.2× trailing earnings. The Energy median in the September 2026 study was 16.8×. Forward P/E is 12.6×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 7.0×**. Each dollar of revenue is priced at 7.0×.
- **Price / book: 3.8×**. The shares trade at 3.8× book value; book value is a meaningful part of the valuation.
- **Earnings yield: 8.2%**. The inverse of the P/E: 8.2% of the price is earned each year.

## Profitability
- **Operating margin: 66.2%**. 66.2% of revenue is left after running the business, an exceptional level.
- **Net margin: 71.0%**. 71.0% of each dollar of sales reaches the bottom line.
- **Return on assets: 21.2%**. Each dollar of assets produces 21.2% of profit.

## Growth
- **Revenue growth (1 yr): -3.9%** (3-yr -18.6%/yr, 5-yr 7.3%/yr). Revenue fell 3.9% over the last year, against 7.3% a year compounded over five years: growth is slowing.

## Financial health
- **Current ratio: 3.88** (quick 3.88). Current assets cover the next year's liabilities 3.88 times.
- **Altman Z-score: 10.17**. A Z-score of 10.17 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 8.33%** ($1.22 per share, trailing). Black Stone Minerals L.P. Common units representing limited partner interests yields 8.33%, high enough to check carefully: yields this high often precede a cut.
- **Dividend growth (5 yr): 14.7%/yr** (1-yr -15.6%). The dividend has compounded at 14.7% a year over five years, doubling roughly every 5 years at that pace.

## Analyst view
- **Analyst consensus: hold** (1 analyst). 1 analysts cover Black Stone Minerals L.P. Common units representing limited partner interests; the consensus is hold, with an average price target of $16.00 (+9% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 28.7%** (YTD 15.0%, 3-mo 5.5%). The shares are up 28.7% over twelve months including dividends.
- **From 52-week high: -5.4%** (22.6% above the low). Trading 5% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): -0.11** (volatility 21%). Beta of -0.11 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BSM · Page: https://foliofundamentals.com/stocks/bsm

Not investment advice.