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

Black Stone Minerals' (BSM) quarterly Operating Income came in at $16.6 million in Q1 2026, down 3.07% year-on-year from $17.2 million in Q1 2025, and down 77.78% on a QoQ basis from $74.9 million in Q4 2025.

Black Stone Minerals (BSM) Operating Income (2014 - 2026) Analysis & Trends

Black Stone Minerals (BSM) has 13 years of Operating Income data on file, last reported at $16.6 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 3.07% year-over-year to $16.6 million in Q1 2026; TTM through Mar 2026 was $307.9 million, a 36.05% increase from a year earlier, with the FY2025 full-year figure at $308.4 million, up 12.92% from the prior year.
  • Operating Income for Q1 2026 stood at $16.6 million, down from $74.9 million in the prior quarter.
  • Over the last five years, Operating Income for BSM reached as high as $185.0 million in Q4 2022 and fell as low as -$5.7 million in Q1 2022.
  • Historically, Operating Income has averaged $88.5 million across 5 years, with a median of $78.8 million in 2023.
  • Across the five-year window, Operating Income plunged 133.39% in 2022 and jumped 2452.11% in 2023, its largest moves.
  • Year by year, Operating Income stood at $185.0 million in 2022, then declined by 20.2% to $147.6 million in 2023, then tumbled by 67.8% to $47.5 million in 2024, then soared by 57.51% to $74.9 million in 2025, then plunged by 77.78% to $16.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $16.6 million in Q1 2026, $74.9 million in Q4 2025, and $94.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 7.20 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 2.60 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 116.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 19.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 394.04 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 182.33 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 166.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.53 Bn
10 Black Stone Minerals 3.16 Bn 3.14 Bn - 16.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.64 Mn
Dec 31, 2025 74.85 Mn
Sep 30, 2025 94.10 Mn
Jun 30, 2025 122.28 Mn
Mar 31, 2025 17.16 Mn
Dec 31, 2024 47.52 Mn
Sep 30, 2024 93.12 Mn
Jun 30, 2024 68.49 Mn
Mar 31, 2024 63.97 Mn
Dec 31, 2023 147.60 Mn
Sep 30, 2023 62.03 Mn
Jun 30, 2023 78.76 Mn
Mar 31, 2023 135.20 Mn
Dec 31, 2022 184.97 Mn
Sep 30, 2022 170.21 Mn
Jun 30, 2022 133.07 Mn
Mar 31, 2022 -5.75 Mn
Dec 31, 2021 135.57 Mn
Sep 30, 2021 17.52 Mn
Jun 30, 2021 17.03 Mn