Black Stone Minerals (BSM) Invested Capital (2014 - 2026)
Black Stone Minerals (BSM) reported Invested Capital of $1.01 billion for Q2 2026, up 12.0% from $901.14 million a year earlier and up 5.1% from the prior quarter.
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Analysis
Black Stone Minerals (BSM) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025, Black Stone Minerals posted Invested Capital of $981.98 million, up 15.0% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- By year, Invested Capital came in at $853.96 million in FY2024 (-7.3%), $921.1 million in FY2023 (unchanged), $921.45 million in FY2022 (+7.9%) and $854.27 million in FY2021 (-3.1%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital since Q2 2020.
- Year over year, Invested Capital has now increased in each of the last five quarters, with growth averaging 4.9% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q1 2023 (growth of 22.7%); the low point was Q3 2021 (a decline of 13.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $960.2 million (Q1 2026), $981.98 million (Q4 2025) and $919.74 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 308.48 Bn |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 232.63 Bn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 253.86 Bn |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 193.87 Bn |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 88.64 Bn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | 67.49 Bn |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 53.27 Bn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 58.02 Bn |
| 10 | Black Stone Minerals | 3.10 Bn | 3.09 Bn | - | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 Bn |
| Mar 31, 2026 | 964.83 Mn |
| Dec 31, 2025 | 986.73 Mn |
| Sep 30, 2025 | 924.62 Mn |
| Jun 30, 2025 | 906.15 Mn |
| Mar 31, 2025 | 832.63 Mn |
| Dec 31, 2024 | 855.90 Mn |
| Sep 30, 2024 | 870.04 Mn |
| Jun 30, 2024 | 862.48 Mn |
| Mar 31, 2024 | 878.08 Mn |
| Dec 31, 2023 | 921.10 Mn |
| Sep 30, 2023 | 878.20 Mn |
| Jun 30, 2023 | 918.39 Mn |
| Mar 31, 2023 | 943.58 Mn |
| Dec 31, 2022 | 925.06 Mn |
| Sep 30, 2022 | 885.01 Mn |
| Jun 30, 2022 | 832.43 Mn |
| Mar 31, 2022 | 774.09 Mn |
| Dec 31, 2021 | 857.02 Mn |
| Sep 30, 2021 | 789.31 Mn |
API Access
Black Stone Minerals Invested Capital 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=invested-capital&ticker=BSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();