Black Stone Minerals (BSM) Shares Outstanding (Diluted) (2015 - 2026)
Black Stone Minerals (BSM) reported Shares Outstanding (Diluted) of 212.6 million for Q2 2026, down 6.2% from 226.76 million a year earlier but up 0.1% from the prior quarter.
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Analysis
Black Stone Minerals (BSM) Shares Outstanding (Diluted) (2015 - 2026) Analysis & Trends
For FY2025, Black Stone Minerals posted Shares Outstanding (Diluted) of 211.73 million, up 0.5% from FY2024.
- Shares Outstanding (Diluted) has a five-year compound annual growth rate of 0.5% (FY2020 to FY2025).
- By year, 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%).
- Five-year quarterly Shares Outstanding (Diluted) spans a low of 208.29 million in Q4 2021 and a high of 226.76 million in Q2 2025.
- Year over year, Shares Outstanding (Diluted) gained in six of the last eight quarters, with an average decline of 0.4%.
- The high point for year-over-year 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 Q2 2026 came in at 212.37 million (Q1 2026), 211.73 million (Q4 2025) and 211.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.98 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.57 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.09 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.60 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 402.62 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 2.10 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.22 Bn |
| 10 | Black Stone Minerals | 3.05 Bn | 3.03 Bn | - | 212.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 208.65 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();