Black Stone Minerals, L.P. (BSM) Stock Analysis
Breakout setup
Energy · Oil & Gas E&P
Hold if already holding. Not a fresh buy at $14.16, but acceptable to hold if already in. Reasons: Concentration risk — Commodity: oil and condensate (52.0%); Consecutive earnings misses (2).
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.9 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty... Read more
Hold if already holding. Not a fresh buy at $14.16, but acceptable to hold if already in. Reasons: Concentration risk — Commodity: oil and condensate (52.0%); Consecutive earnings misses (2). Chart setup: Golden cross, above all MAs, RSI 55, MACD bullish. Downgraded from BUY WAIT — price $14.16 has reached target $13.91. No upside to wait for. Score 5.6/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 76d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
Recent Developments — Black Stone Minerals, L.P.
Latest news
- Earnings Preview: BSM to Report Financial Results Post-market on May 04 - Moomoo — Moomoo neutral
- [Form 4] Black Stone Minerals, L.P. Insider Trading Activity - Stock Titan — Stock Titan positive
- Top Executive Makes Bold Insider Move on Black Stone Minerals Stock - TipRanks — TipRanks positive
- Black Stone Minerals declares $0.30 dividend - MSN — MSN neutral
- Black Stone Minerals executive chairman buys $909k in company stock - Investing.com — Investing.com positive
Generated 2026-05-20T20:21:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCommodityoil and condensate52%10-K Item 1A: 'Approximately 52% of our 2025 oil and natural gas revenues were derived from oil and condensate sales'
- MEDIUMCommoditynatural gas and natural gas liquids48%10-K Item 1A: 'Approximately 48% of our 2025 oil and natural gas revenues were derived from natural gas and natural gas liquids sales'
- MEDIUMGeographicShelby Trough10-K Item 1A: 'we generated 13% of our royalty revenues and 14% of our working interest revenues from three operators in the Shelby Trough area of the Haynesville play in East Texas'
Material Events(8-K, last 90d)
- 2026-02-10Item 5.02LOWBoard of Black Stone Minerals GP, L.L.C. appointed Anne Hamman as new director and Audit Committee member effective immediately. No other officer changes reported.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
3 floor-breakers
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $14.16, but acceptable to hold if already in. Reasons: Concentration risk — Commodity: oil and condensate (52.0%); Consecutive earnings misses (2). Chart setup: Golden cross, above all MAs, RSI 55, MACD bullish. Downgraded from BUY WAIT — price $14.16 has reached target $13.91. No upside to wait for. Target $13.91 (-1.8%), stop $12.53 (−13.0%), A.R:R 0.0:1. Score 5.6/10, moderate confidence.
Take-profit target: $13.91 (+6.4% upside). Target $13.91 (-1.8%), stop $12.53 (−13.0%), A.R:R 0.0:1. Stop-loss: $12.53.
Concentration risk — Commodity: oil and condensate (52.0%); Consecutive earnings misses (2); Weak growth.
Black Stone Minerals, L.P. trades at a P/E of 11.1 (forward 12.4). TrendMatrix value score: 8.0/10. Verdict: Hold.
7 analysts cover BSM with a consensus score of 3.7/5.
What does Black Stone Minerals, L.P. do?Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It...
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.9 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.