Oil & Condensate Sales was Black Stone Minerals’s largest product and service line in fiscal 2024, bringing in $269.06M of $439.43M (61%).
| Product and Service | FY 2016 | FY 2019 | FY 2021 | FY 2022 | FY 2024 |
|---|---|---|---|---|---|
| Oil & Condensate Sales | $235.77M | $336.29M | $269.06M | ||
| Crude Oil | — | — | — | ||
| Natural Gas & Natural Gas Liquids Sales | $255.67M | $434.95M | $157.91M | ||
| Natural Gas | — | — | — | ||
| Lease Bonus & Other Income | $14.29M | $13.05M | $12.46M | ||
| Real Estate | — | — | — | ||
| Total | $505.73M | $784.28M | $439.43M |
Black Stone Minerals brought in $439.43M from its three product and service lines in fiscal 2024, the year ended December 31, 2024. That was down 44.0% from $784.28M in fiscal 2022, the previous year with figures. Oil & Condensate Sales was the largest at $269.06M (61.2%), ahead of Natural Gas & Natural Gas Liquids Sales at $157.91M (35.9%) and Lease Bonus & Other Income at $12.46M (2.8%).
Compared with fiscal 2022, the previous year with figures, every line above 2% of revenue shrank. Lease Bonus & Other Income held up best, down 4.5% to $12.46M, and Natural Gas & Natural Gas Liquids Sales fell the most, down 63.7% to $157.91M. From fiscal 2021 to 2024, combined revenue from these lines fell from $505.73M to $439.43M, a compound annual decline of 4.6%. Oil & Condensate Sales' share of the total rose from 46.6% to 61.2%.
Black Stone Minerals (BSM) reports its revenue by product and service. In fiscal 2024, Oil & Condensate Sales was its largest product and service line, bringing in $269.06M (61.2% of the total), followed by Natural Gas & Natural Gas Liquids Sales at $157.91M (35.9%).
Oil & Condensate Sales was Black Stone Minerals' largest product and service line in fiscal 2024, bringing in $269.06M, or 61.2% of the $439.43M total across its three product and service lines.
Every figure comes from Black Stone Minerals' annual financial filings, as reported. Each line keeps the name Black Stone Minerals gives it, and years follow its fiscal calendar.
Black Stone Minerals' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.