Black Stone Minerals, L.P.(BSM)Stock Analysis
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Rank #580 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BSM Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Black Stone Minerals, L.P. (BSM), a Energy sector company. 13F Pro's AI-powered ranking engine scores BSM at 65.3/100 on a 32-signal composite quality model, placing it at rank #580 of 2,879 stocks — the top 25% of the AI-ranked universe. BSM scores in the top quartile across balance sheet strength (95.6), free cash flow (95.4), profitability (94.7). Areas of concern include earnings quality (21.8) and revenue growth (22.8), which score below median versus the broader universe. Shareholder dilution risk is elevated at 41.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Black Stone Minerals, L.P. reports quarterly revenue of $59.4M, net income of $13.3M, free cash flow of $62.6M. Top institutional holders of BSM by reported 13-F value include MORGAN STANLEY, William Marsh Rice University, FMR, based on the most recent SEC filings. BSM trades on the NYSE exchange and files with the SEC under CIK 1621434. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BSM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Black Stone Minerals, L.P. directly from SEC EDGAR. Black Stone Minerals, L.P.'s 13F Pro composite quality score has ranged between 60 and 73 since 2024, currently 65.3 — a declining long-term trajectory across 15 quarterly and live scoring snapshots.
Revenue
Q1 2026
$59.4M
Net Income
Q1 2026
$13.3M
Free Cash Flow
Q1 2026
$62.6M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-26.8% YoYNet Income
-35.8% YoYOperating Income
-35.5% YoYTotal Assets
-3.8% YoYOp. Cash Flow
-25.4% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $433.7M -26.8% | $592.2M -10.8% | $663.6M +84.7% | $359.3M +4.8% | $342.8M -29.7% | $487.8M |
| Net Income | $271.3M -35.8% | $422.5M -11.3% | $476.5M +161.8% | $182.0M +49.4% | $121.8M -43.2% | $214.4M |
| Operating Income | $273.1M -35.5% | $423.6M -12.2% | $482.5M +157.6% | $187.3M +41.8% | $132.1M -43.8% | $235.2M |
| Total Assets | $1.22B -3.8% | $1.27B -0.3% | $1.27B +1.9% | $1.25B +0.3% | $1.24B -19.5% | $1.55B |
| Operating Cash Flow | $389.0M -25.4% | $521.3M +22.7% | $425.0M +65.4% | $256.9M -8.8% | $281.8M -31.7% | $412.7M |
AI Insight: BSM Ratio Trends
Operating margin collapsed to 28.0% in Q1 2026, a nine-year low, marking severe seasonal or structural deterioration.
• Operating margin swung from 76.7% in Q2 2025 to 28.0% in Q1 2026—largest single-quarter drop in the dataset.
• Q1 2025 also posted 29.0% OpMargin, suggesting Q1 seasonality; TTM margin of 65.5% masks quarterly volatility.
• Q3 2025 (71.0%) and Q2 2025 (76.7%) showed strong margins, but no sustained recovery into Q4 2025 (63.1%).
⚠ Recurring Q1 margin collapse (29% in 2025, 28% in 2026) signals either seasonal cash flow timing or structural cost pressures.
⚠ Lacking ROE, ROA, ROIC, and leverage data limits assessment of capital efficiency and financial risk.
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Available Research
13F Pro tracks comprehensive data for Black Stone Minerals, L.P. including:
Top Institutional Holders of BSM
MORGAN STANLEY
$125.1M8,271,758 shWilliam Marsh Rice University
$85.6M5,663,476 shFMR LLC
$68.6M4,537,171 shBANK OF AMERICA CORP /DE/
$31.9M2,107,292 shPENN DAVIS MCFARLAND INC
$29.6M1,959,588 shINVESTMENT MANAGEMENT ASSOCIATES INC /ADV
$28.7M1,901,002 shNATIXIS
$23.9M1,579,900 shAMERIPRISE FINANCIAL INC
$17.9M1,181,399 shBROWN ADVISORY INC
$13.3M878,003 shLong Corridor Asset Management Ltd
$11.7M772,000 sh
| Fund | Value | Shares |
|---|---|---|
| MORGAN STANLEY | $125.1M | 8,271,758 |
| William Marsh Rice University | $85.6M | 5,663,476 |
| FMR LLC | $68.6M | 4,537,171 |
| BANK OF AMERICA CORP /DE/ | $31.9M | 2,107,292 |
| PENN DAVIS MCFARLAND INC | $29.6M | 1,959,588 |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV | $28.7M | 1,901,002 |
| NATIXIS | $23.9M | 1,579,900 |
| AMERIPRISE FINANCIAL INC | $17.9M | 1,181,399 |
| BROWN ADVISORY INC | $13.3M | 878,003 |
| Long Corridor Asset Management Ltd | $11.7M | 772,000 |
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Popular Research
Is BSM a good stock to buy?
13F Pro's AI-powered analysis of Black Stone Minerals, L.P. (BSM) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BSM are available on the BSM stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BSM?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BSM. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Black Stone Minerals, L.P.'s investment landscape.