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

Black Stone Minerals (BSM) reported Operating Income of $16.6 million for Q1 2026, down 3.07% year-over-year from $17.2 million in Q1 2025, and down 77.78% quarter-over-quarter 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.

  • Operating Income for Q1 2026 came in at $16.6 million, down 3.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $307.9 million (up 36.05% YoY), and the FY2025 annual result was $308.4 million, up 12.92% from the prior year.
  • Operating Income declined to $16.6 million in Q1 2026 per BSM's latest filing, from $74.9 million in the prior quarter.
  • Over five years, Operating Income peaked at $185.0 million in Q4 2022 and troughed at -$5.7 million in Q1 2022.
  • A 5-year average of $88.5 million and a median of $78.8 million in 2023 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2023: Operating Income slumped 133.39% in 2022, then soared 2452.11% in 2023.
  • A 5-year view of Operating Income shows it stood at $185.0 million in 2022, then decreased by 20.2% to $147.6 million in 2023, then slumped by 67.8% to $47.5 million in 2024, then soared by 57.51% to $74.9 million in 2025, then tumbled by 77.78% to $16.6 million in 2026.
  • Business Quant data shows BSM's Operating Income at $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 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 5.68 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 7.20 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 2.60 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 3.76 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 116.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 215.59 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 2.04 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 266.77 Mn
10 Black Stone Minerals 2.90 Bn 2.89 Bn 114.71 Mn 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