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
Download Data
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 | 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 |