Black Stone Minerals (BSM) Capital Expenditures (2014 - 2026)

Black Stone Minerals' (BSM) quarterly Capital Expenditures came in at $175000.0 in Q1 2026, up 306.98% year-on-year from $43000.0 in Q1 2025, and down 99.84% on a QoQ basis from $106.9 million in Q4 2025.

Black Stone Minerals (BSM) Capital Expenditures (2014 - 2026) Analysis & Trends

Black Stone Minerals (BSM) has 13 years of Capital Expenditures data on file, last reported at $175000.0 in Q1 2026.

  • On a quarterly basis, Capital Expenditures rose 306.98% year-over-year to $175000.0 in Q1 2026; TTM through Mar 2026 was $107.2 million, a 19467.88% increase from a year earlier, with the FY2025 full-year figure at $107.1 million, up 13456.96% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $175000.0, down from $106.9 million in the prior quarter.
  • Over the last five years, Capital Expenditures for BSM reached as high as $106.9 million in Q4 2025 and fell as low as -$63.4 million in Q4 2024.
  • Historically, Capital Expenditures has averaged $8.1 million across 5 years, with a median of $175000.0 in 2026.
  • Across the five-year window, Capital Expenditures sank 12958.01% in 2024 and soared 36741.75% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at $11.8 million in 2022, then slumped by 95.84% to $493000.0 in 2023, then sank by 12958.01% to -$63.4 million in 2024, then surged by 268.7% to $106.9 million in 2025, then plunged by 99.84% to $175000.0 in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $175000.0 in Q1 2026, $106.9 million in Q4 2025, and -$37.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.95 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 153.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 933.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 1.55 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 650.17 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 839.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 707.00 Mn
10 Black Stone Minerals 3.16 Bn 3.14 Bn - 175,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 175,000.00
Mar 31, 2026 175,000.00
Dec 31, 2025 106.94 Mn
Dec 31, 2025 106.94 Mn
Sep 30, 2025 -37.83 Mn
Sep 30, 2025 -37.83 Mn
Jun 30, 2025 37.95 Mn
Jun 30, 2025 37.95 Mn
Mar 31, 2025 43,000.00
Mar 31, 2025 43,000.00
Dec 31, 2024 -63.39 Mn
Dec 31, 2024 -63.39 Mn
Sep 30, 2024 63.79 Mn
Sep 30, 2024 63.79 Mn
Jun 30, 2024 103,000.00
Jun 30, 2024 103,000.00
Mar 31, 2024 285,000.00
Mar 31, 2024 285,000.00
Dec 31, 2023 493,000.00
Dec 31, 2023 493,000.00