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Black Stone Minerals (BSM) Operating Expenses (2016 - 2025)

Black Stone Minerals (BSM) has disclosed Operating Expenses for 12 consecutive years, with $43.8 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 21.12% to $43.8 million in Q4 2025 year-over-year; TTM through Dec 2025 was $161.5 million, a 0.58% increase, with the full-year FY2025 number at $161.5 million, up 0.58% from a year prior.
  • Operating Expenses was $43.8 million for Q4 2025 at Black Stone Minerals, up from $38.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $47.8 million in Q3 2023 to a low of $36.2 million in Q4 2024.
  • A 5-year average of $42.2 million and a median of $42.1 million in 2022 define the central range for Operating Expenses.
  • Biggest YoY gain for Operating Expenses was 128.51% in 2021; the steepest drop was 56.75% in 2021.
  • Black Stone Minerals' Operating Expenses stood at $43.9 million in 2021, then increased by 3.53% to $45.4 million in 2022, then fell by 4.77% to $43.2 million in 2023, then fell by 16.27% to $36.2 million in 2024, then grew 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).