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Black Stone Minerals (BSM) Operating Expenses (2016 - 2026)

Black Stone Minerals has reported Operating Expenses over the past 12 years, most recently at $43.8 million for Q4 2025.

  • Quarterly Operating Expenses rose 21.12% to $43.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $161.5 million through Dec 2025, up 0.58% year-over-year, with the annual reading at $161.5 million for FY2025, 0.58% up from the prior year.
  • Operating Expenses was $43.8 million for Q4 2025 at Black Stone Minerals, up from $38.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $47.8 million in Q3 2023 and troughed at $36.2 million in Q4 2024.
  • The 5-year median for Operating Expenses is $42.1 million (2022), against an average of $42.2 million.
  • The largest YoY upside for Operating Expenses was 128.51% in 2021 against a maximum downside of 56.75% in 2021.
  • A 5-year view of Operating Expenses shows it stood at $43.9 million in 2021, then grew by 3.53% to $45.4 million in 2022, then decreased by 4.77% to $43.2 million in 2023, then decreased by 16.27% to $36.2 million in 2024, then rose by 21.12% to $43.8 million in 2025.
  • Per Business Quant, the three most recent readings for BSM's Operating Expenses are $43.8 million (Q4 2025), $38.4 million (Q3 2025), and $37.2 million (Q2 2025).