Black Stone Minerals (BSM) Accumulated Expenses (2014 - 2026)
Black Stone Minerals (BSM) reported Accumulated Expenses of $15.77 million for Q3 2026, up 13.4% from $13.9 million a year earlier and up 30.2% from the prior quarter.
Black Stone Minerals (BSM) Accumulated Expenses (2014 - 2026) Analysis & Trends
At the end of FY2025, Black Stone Minerals posted Accumulated Expenses of $19.39 million, up 12.4% from FY2024.
- Accumulated Expenses has a five-year compound annual growth rate of 4.5% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $17.24 million in FY2024 (+1.4%), $17 million in FY2023 (-13.8%), $19.73 million in FY2022 (+12.2%) and $17.59 million in FY2021 (+13.0%).
- Five-year quarterly Accumulated Expenses spans a low of $5.96 million in Q1 2022 and a high of $19.73 million in Q4 2022.
- Year over year, Accumulated Expenses gained in five of the last eight quarters, with growth averaging 8.7%.
- The high point for year-over-year Accumulated Expenses in five years was Q1 2025 (growth of 60.1%); the low point was Q1 2026 (a decline of 32.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $12.11 million (Q2 2026), $7.93 million (Q1 2026) and $19.39 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.77 Mn |
| Jun 30, 2026 | 12.11 Mn |
| Mar 31, 2026 | 7.93 Mn |
| Dec 31, 2025 | 19.39 Mn |
| Sep 30, 2025 | 13.90 Mn |
| Jun 30, 2025 | 12.50 Mn |
| Mar 31, 2025 | 11.82 Mn |
| Dec 31, 2024 | 17.24 Mn |
| Sep 30, 2024 | 13.91 Mn |
| Jun 30, 2024 | 10.60 Mn |
| Mar 31, 2024 | 7.38 Mn |
| Dec 31, 2023 | 17.00 Mn |
| Sep 30, 2023 | 13.60 Mn |
| Jun 30, 2023 | 10.02 Mn |
| Mar 31, 2023 | 6.72 Mn |
| Dec 31, 2022 | 19.73 Mn |
| Sep 30, 2022 | 18.11 Mn |
| Jun 30, 2022 | 13.10 Mn |
| Mar 31, 2022 | 5.96 Mn |
| Dec 31, 2021 | 17.59 Mn |
Black Stone Minerals Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "BSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();