FY2025 · ended Dec 31, 2025 · Revenue $422.33M, -3.9% YoY · Filed Feb 24, 2026
Black Stone Minerals, L.P. (BSM) files with the SEC under industry code 1311, Crude Petroleum & Natural Gas. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $422.3 million and net income of $299.9 million.
Revenue (TTM)
$471.09M
+9.2% vs year-ago TTM
Net income (TTM)
$244.22M
Operating cash flow (TTM)
$323.00M
-3.9% vs year-ago TTM
Free cash flow
—
EPS
—
Dividend per share
None
Shares outstanding
—
Net cash
—
Operating margin
54.7%
FY 2026
Company profile
- Industry
- Crude Petroleum & Natural Gas (SIC 1311)
- Listed as
- BSM (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1621434
Other Crude Petroleum & Natural Gas companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $422.3M | $439.4M | $501.1M | $784.3M | $505.7M |
| Operating income | $308.4M | $273.1M | $423.6M | $482.5M | $187.3M |
| Net income | $299.9M | — | — | $476.5M | $182.0M |
| Operating cash flow | $310.2M | $389.0M | $521.3M | $425.0M | $256.9M |
| Total assets | $1.3B | $1.2B | $1.3B | $1.3B | $1.2B |
| Total liabilities | $207.1M | $89.5M | $49.5M | $61.3M | $184.3M |
| Cash and investments | $1.5M | $2.5M | $70.3M | $4.3M | $8.9M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 3, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 3, 2026 | Nov 2, 2026 |
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 4, 2026 | Aug 3, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 16, 2026 | Jun 11, 2026 |
| 10-Q | Quarterly report | May 5, 2026 | Mar 31, 2026 |
All 911 Black Stone Minerals, L.P. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.