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Black Stone Minerals, L.P. (BSM)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US09225M1018

CUSIP

09225M101

Sector

Energy

IPO Date

May 1, 2015

Highlights

Market Cap

$2.92B

EPS (TTM)

$0.92

PE Ratio

15.01

PEG Ratio

1.22

Total Revenue (TTM)

$437.90M

Gross Profit (TTM)

$335.83M

EBITDA (TTM)

$269.93M

Year Range

$12.45 - $15.09

Target Price

$14.00

Short %

1.16%

Short Ratio

5.00

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Black Stone Minerals, L.P. (BSM) returned -0.70% year-to-date (YTD) and -4.04% over the past 12 months. Over the past 10 years, BSM returned 6.91% annually, underperforming the S&P 500 benchmark at 10.79%.


BSM

YTD

-0.70%

1M

0.78%

6M

-5.49%

1Y

-4.04%

5Y*

29.70%

10Y*

6.91%

^GSPC (Benchmark)

YTD

0.60%

1M

9.64%

6M

-0.54%

1Y

11.47%

5Y*

15.67%

10Y*

10.79%

*Annualized

Monthly Returns

The table below presents the monthly returns of BSM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-0.82%5.94%2.07%-7.60%0.21%-0.70%
20242.76%-4.27%4.92%-0.19%3.34%-2.73%-4.02%1.80%1.21%-2.25%7.77%-5.93%1.47%
2023-3.50%-1.71%0.90%5.42%-4.09%3.64%11.22%0.43%-0.69%4.47%0.15%-9.06%5.85%
202210.45%7.90%11.89%17.68%4.56%-15.07%13.81%4.17%-0.76%17.38%4.45%-10.03%80.82%
202127.70%6.58%-2.35%17.78%-1.92%8.59%-0.93%-4.32%20.50%3.82%-8.77%-7.60%66.63%
2020-21.07%-9.27%-47.12%30.34%5.20%2.52%7.85%1.77%-12.16%-1.46%18.48%-4.84%-42.98%
20199.43%7.53%-1.12%2.78%-8.00%-5.08%-3.23%-2.57%-0.00%-8.22%-6.57%7.16%-9.53%
20182.34%-5.01%-3.44%7.31%4.23%1.59%-7.25%9.94%-1.67%-6.42%0.48%-7.58%-7.06%
2017-1.28%-3.95%-5.76%-3.33%4.10%-3.49%5.52%5.55%0.64%4.27%1.17%-0.11%2.49%
2016-4.64%-7.56%12.71%19.49%-6.65%0.85%0.71%5.68%9.94%-1.68%8.27%0.70%40.17%
2015-4.79%-4.81%-17.95%12.06%-11.88%-0.51%19.31%-10.26%-21.77%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BSM is 39, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BSM is 3939
Overall Rank
The Sharpe Ratio Rank of BSM is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of BSM is 3636
Sortino Ratio Rank
The Omega Ratio Rank of BSM is 3636
Omega Ratio Rank
The Calmar Ratio Rank of BSM is 4141
Calmar Ratio Rank
The Martin Ratio Rank of BSM is 4141
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Black Stone Minerals, L.P. (BSM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Black Stone Minerals, L.P. Sharpe ratios as of May 16, 2025 (values are recalculated daily):

  • 1-Year: -0.18
  • 5-Year: 0.95
  • 10-Year: 0.21
  • All Time: 0.17

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Black Stone Minerals, L.P. compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Black Stone Minerals, L.P. provided a 10.91% dividend yield over the last twelve months, with an annual payout of $1.50 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.002015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018201720162015
Dividend$1.50$1.60$1.90$1.54$0.80$0.68$1.48$1.33$1.20$1.10$0.42

Dividend yield

10.91%10.96%11.90%9.13%7.74%10.18%11.64%8.61%6.69%5.86%2.94%

Monthly Dividends

The table displays the monthly dividend distributions for Black Stone Minerals, L.P.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.38$0.00$0.00$0.38$0.75
2024$0.00$0.48$0.00$0.00$0.38$0.00$0.00$0.38$0.00$0.00$0.38$0.00$1.60
2023$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.48$0.00$1.90
2022$0.00$0.27$0.00$0.00$0.40$0.00$0.00$0.42$0.00$0.00$0.45$0.00$1.54
2021$0.00$0.18$0.00$0.00$0.18$0.00$0.00$0.20$0.00$0.00$0.25$0.00$0.80
2020$0.00$0.30$0.00$0.00$0.08$0.00$0.00$0.15$0.00$0.00$0.15$0.00$0.68
2019$0.00$0.37$0.00$0.00$0.37$0.00$0.00$0.37$0.00$0.00$0.37$0.00$1.48
2018$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.34$0.00$0.00$0.37$0.00$1.33
2017$0.00$0.29$0.00$0.00$0.29$0.00$0.00$0.31$0.00$0.00$0.31$0.00$1.20
2016$0.00$0.26$0.00$0.00$0.26$0.00$0.00$0.29$0.00$0.00$0.29$0.00$1.10
2015$0.16$0.00$0.00$0.26$0.00$0.42

Dividend Yield & Payout


Dividend Yield

Black Stone Minerals, L.P. has a dividend yield of 10.91%, which means its dividend payment is significantly above the market average.

Payout Ratio

Black Stone Minerals, L.P. has a payout ratio of 114.04%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Black Stone Minerals, L.P.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Black Stone Minerals, L.P. was 75.58%, occurring on Mar 19, 2020. Recovery took 519 trading sessions.

The current Black Stone Minerals, L.P. drawdown is 10.03%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.58%May 8, 2019219Mar 19, 2020519Apr 8, 2022738
-41.5%May 5, 2015195Feb 10, 2016144Sep 6, 2016339
-25.52%Nov 9, 202286Mar 15, 2023147Oct 13, 2023233
-23.22%Jun 9, 202218Jul 6, 202263Oct 4, 202281
-18.48%Dec 22, 201691May 4, 2017152Dec 8, 2017243

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Black Stone Minerals, L.P. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of Black Stone Minerals, L.P., comparing actual results with analytics estimates. In the past quarter, the company did not meet analyst expectations for EPS, resulting in a surprise of -17.1%.


0.000.200.400.600.8020212022202320242025
0.29
0.35
Actual
Estimate

Valuation

The Valuation section provides an overview of how Black Stone Minerals, L.P. is priced in the market compared to other companies in the Oil & Gas E&P industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for BSM, comparing it with other companies in the Oil & Gas E&P industry. Currently, BSM has a P/E ratio of 15.0. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for BSM compared to other companies in the Oil & Gas E&P industry. BSM currently has a PEG ratio of 1.2. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for BSM relative to other companies in the Oil & Gas E&P industry. Currently, BSM has a P/S ratio of 6.9. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for BSM in comparison with other companies in the Oil & Gas E&P industry. Currently, BSM has a P/B value of 2.7. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items