Black Stone Minerals (BSM) Shares Outstanding (2014 - 2026)
Black Stone Minerals' Weighted Average Shares Outstanding came in at 212.71 million for Q3 2026, up 0.4% from 211.85 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Black Stone Minerals (BSM) Shares Outstanding (2014 - 2026) Analysis & Trends
For FY2025, Black Stone Minerals' Weighted Average Shares Outstanding was 211.67 million, up 0.5% from FY2024.
- Weighted Average Shares Outstanding has increased in each of the last six years, with a five-year compound annual growth rate of 0.5% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding was 210.68 million in FY2024 (+0.3%), 209.97 million in FY2023 (+0.3%), 209.38 million in FY2022 (+0.6%) and 208.18 million in FY2021 (+0.7%).
- The Q3 2026 figure represents the highest quarterly Weighted Average Shares Outstanding in data going back to Q1 2014.
- Year-over-year, Weighted Average Shares Outstanding has increased for 27 consecutive quarters, with growth averaging 0.4% over the last eight quarters.
- Business Quant data shows BSM's Weighted Average Shares Outstanding at 212.6 million (Q2 2026), 212.37 million (Q1 2026) and 211.67 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 4.14 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 5.89 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 1.96 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 2.19 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 3.02 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 1.20 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 2.59 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 2.09 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 397.01 Mn |
| 10 | Black Stone Minerals | 3.03 Bn | 3.01 Bn | - | 212.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 212.71 Mn |
| Jun 30, 2026 | 212.60 Mn |
| Mar 31, 2026 | 212.37 Mn |
| Dec 31, 2025 | 211.67 Mn |
| Sep 30, 2025 | 211.85 Mn |
| Jun 30, 2025 | 211.69 Mn |
| Mar 31, 2025 | 211.25 Mn |
| Dec 31, 2024 | 210.68 Mn |
| Sep 30, 2024 | 210.69 Mn |
| Jun 30, 2024 | 210.70 Mn |
| Mar 31, 2024 | 210.65 Mn |
| Dec 31, 2023 | 209.97 Mn |
| Sep 30, 2023 | 209.98 Mn |
| Jun 30, 2023 | 209.97 Mn |
| Mar 31, 2023 | 209.94 Mn |
| Dec 31, 2022 | 209.38 Mn |
| Sep 30, 2022 | 209.40 Mn |
| Jun 30, 2022 | 209.40 Mn |
| Mar 31, 2022 | 209.32 Mn |
| Dec 31, 2021 | 208.18 Mn |
API Access
Black Stone Minerals Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=BSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "BSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();