Black Stone Minerals (BSM) Accumulated Expenses (2014 - 2026)
Black Stone Minerals (BSM) reported Accumulated Expenses of $12.11 million for Q2 2026, down 3.1% from $12.5 million a year earlier but up 52.8% from the prior quarter.
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Analysis
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 7.3%.
- 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 Q2 2026 came in at $7.93 million (Q1 2026), $19.39 million (Q4 2025) and $13.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Black Stone Minerals | 3.05 Bn | 3.03 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 13.25 Mn |
API Access
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_KEYimport 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();