Black Stone Minerals (BSM) Operating Expenses (2014 - 2026)

Black Stone Minerals (BSM) has 13 years of Operating Expenses data on file, last reported at $42.7 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 1.5% year-over-year to $42.7 million in Q1 2026; TTM through Mar 2026 was $162.2 million, a 0.61% increase from a year earlier, with the FY2025 full-year figure at $161.5 million, up 0.58% from the prior year.
• Operating Expenses for Q1 2026 stood at $42.7 million, down from $43.8 million in the prior quarter.
• Over the last five years, Operating Expenses for BSM reached as high as $47.8 million in Q3 2023 and fell as low as $36.2 million in Q4 2024.
• Historically, Operating Expenses has averaged $42.0 million across 5 years, with a median of $42.1 million in 2025.
• Across the five-year window, Operating Expenses fell 19.16% in 2023 and climbed 21.12% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $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 climbed by 21.12% to $43.8 million in 2025, then dropped by 2.57% to $42.7 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $42.7 million in Q1 2026, $43.8 million in Q4 2025, and $38.4 million in Q3 2025.