Black Stone Minerals, L.P. (BSM) Capital Expenditures (2014 - 2026)
Black Stone Minerals (BSM) posted Capital Expenditures of $34.36 million for Q2 2026, up 23.9% from $27.73 million a year earlier and up 197.5% from the prior quarter.
Black Stone Minerals, L.P. (BSM) Capital Expenditures (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Black Stone Minerals was $114.97 million, up 17.4% year-over-year; for FY2025, it was $107.05 million, down 2.1% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 93.3% (FY2020 to FY2025).
- In prior years, Black Stone Minerals' Capital Expenditures was $109.39 million in FY2024 (+649.0%), $14.61 million in FY2023 (+22.8%), $11.89 million in FY2022 (+18.4%) and $10.04 million in FY2021 (+153.0%).
- Quarterly Capital Expenditures has run from a low of -$21,000 in Q4 2021 to a high of $48.79 million in Q4 2025 over five years.
- On a year-over-year basis, Capital Expenditures has increased in each of the last five quarters, with growth averaging 49.6% over the last seven quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q4 2024, with growth of 315.4%; the weakest was Q2 2023, with a decline of 91.1%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $11.55 million (Q1 2026), $48.79 million (Q4 2025) and $20.28 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.36 Mn |
| Mar 31, 2026 | 11.55 Mn |
| Dec 31, 2025 | 48.79 Mn |
| Sep 30, 2025 | 20.28 Mn |
| Jun 30, 2025 | 27.73 Mn |
| Mar 31, 2025 | 10.26 Mn |
| Dec 31, 2024 | 45.21 Mn |
| Sep 30, 2024 | 14.70 Mn |
| Jun 30, 2024 | 26.51 Mn |
| Mar 31, 2024 | 22.97 Mn |
| Dec 31, 2023 | 10.89 Mn |
| Sep 30, 2023 | 1.22 Mn |
| Jun 30, 2023 | 571,000.00 |
| Mar 31, 2023 | 1.93 Mn |
| Dec 31, 2022 | 83,000.00 |
| Sep 30, 2022 | 1.74 Mn |
| Jun 30, 2022 | 6.41 Mn |
| Mar 31, 2022 | 3.66 Mn |
| Dec 31, 2021 | -21,000.00 |
| Jun 30, 2021 | 9.87 Mn |
Black Stone Minerals, L.P. Capital Expenditures 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=capital-expenditures&ticker=BSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();