Black Stone Minerals (BSM) Shares Outstanding (Diluted) (2014 - 2026)
Black Stone Minerals (BSM) reported Weighted Average Shares Outstanding (Diluted) of 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 (Diluted) (2014 - 2026) Analysis & Trends
For FY2025, Black Stone Minerals posted Weighted Average Shares Outstanding (Diluted) of 211.73 million, up 0.5% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of 0.5% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 210.78 million in FY2024 (-6.4%), 225.11 million in FY2023 (+0.3%), 224.45 million in FY2022 (+7.8%) and 208.29 million in FY2021 (+0.7%).
- The Q3 2026 figure ranks as the highest quarterly Weighted Average Shares Outstanding (Diluted) since Q2 2025.
- Year over year, Weighted Average Shares Outstanding (Diluted) gained in six of the last eight quarters, with an average decline of 0.3%.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was Q2 2022 (growth of 7.9%); the low point was Q2 2023 (a decline of 6.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 212.6 million (Q2 2026), 212.37 million (Q1 2026) and 211.73 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 4.42 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 5.95 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 | 2.57 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 3.09 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 | 2.60 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 2.10 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 398.95 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 | 211.73 Mn |
| Sep 30, 2025 | 211.85 Mn |
| Jun 30, 2025 | 226.76 Mn |
| Mar 31, 2025 | 211.25 Mn |
| Dec 31, 2024 | 210.78 Mn |
| Sep 30, 2024 | 210.69 Mn |
| Jun 30, 2024 | 210.70 Mn |
| Mar 31, 2024 | 210.65 Mn |
| Dec 31, 2023 | 225.11 Mn |
| Sep 30, 2023 | 209.98 Mn |
| Jun 30, 2023 | 209.97 Mn |
| Mar 31, 2023 | 224.91 Mn |
| Dec 31, 2022 | 224.45 Mn |
| Sep 30, 2022 | 224.37 Mn |
| Jun 30, 2022 | 224.37 Mn |
| Mar 31, 2022 | 209.32 Mn |
| Dec 31, 2021 | 208.29 Mn |
API Access
Black Stone Minerals Shares Outstanding (Diluted) 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-diluted&ticker=BSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=BSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();