Black Stone Minerals BSM
NYSE BSM
$14.94 +0.10 (+0.64%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Black Stone Minerals' (BSM) quarterly Capital Expenditures came in at $34.4 million in Q2 2026, up 23.89% year-over-year from $27.7 million in Q2 2025, and up 197.47% quarter-over-quarter from $11.5 million in Q1 2026.

Analysis

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

Black Stone Minerals (BSM) has reported Capital Expenditures for 13 consecutive years, with $34.4 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Capital Expenditures rose 23.89% year-over-year to $34.4 million in Q2 2026; TTM through Jun 2026 was $115.0 million, a 17.43% increase from a year earlier, with the FY2025 full-year figure at $107.1 million, down 2.14% from the prior year.
  • Capital Expenditures was $34.4 million for Q2 2026 at Black Stone Minerals, up from $11.5 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $48.8 million in Q4 2025 and troughed at $83000.0 in Q4 2022.
  • A 5-year average of $16.0 million and a median of $11.2 million in 2023 frame the typical range for Capital Expenditures.
  • The widest YoY moves for Capital Expenditures: up 13014.46% in 2023, down 91.1% in 2023.
  • Over 5 years, Capital Expenditures stood at $83000.0 in 2022, then surged by 13014.46% to $10.9 million in 2023, then jumped by 315.37% to $45.2 million in 2024, then advanced by 7.9% to $48.8 million in 2025, then retreated by 29.58% to $34.4 million in 2026.
  • The last three Capital Expenditures figures came in at $34.4 million (Q2 2026), $11.5 million (Q1 2026), and $48.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Viper Energy 15.81 Bn 20.98 Bn - -
2 Black Stone Minerals 3.12 Bn 3.11 Bn - 34.36 Mn
3 Natural Resource Partners 1.51 Bn 1.48 Bn 47.24 Mn -
4 Kimbell Royalty Partners 1.50 Bn 1.46 Bn - -
5 Dorchester Minerals 1.43 Bn 1.36 Bn - -
6 Evolution Petroleum 131.82 Mn 126.78 Mn 7.21 Mn 4.66 Mn
7 Altex Industries 1.90 Mn 1.90 Mn - -
8 Mentor Capital 827,678.86 91,860.86 65,595.00 -
9 Leopard Energy 165,479.20 149,827.20 1,715.00 -
Historic Data

Historic Data

Download Data
DateValue
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 900,000.00
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