Black Stone Minerals, L.P.BSM

Market cap

$3B

P/E ratio

	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Oil	-	-	-	310	264	149	236	336	288	269
Natural Gas	-	-	-	248	199	139	256	435	200	158
Real Estate	-	-	-	36	30	9	14	13	13	12
Revenue from contracts with customers	393	261	430	610	493	343	506	784	592	439
Gain (loss) on commodity derivative instruments	90	-36	27	15	-5	46	-146	-121	91	-6
Lease operating expense	-	-	-	18	18	14	13	12	11	10
Production Tax Expense	36	35	47	64	61	43	50	66	57	50
Exploration expense	3	1	1	8	0	0	1	0	2	3
Depreciation, Depletion and Amortization	104	102	115	123	110	82	61	48	46	45
General and administrative	77	73	78	77	63	43	49	54	51	52
Accretion of asset retirement obligations	1	1	1	1	1	1	1	1	1	1
(Gain) loss on sale of assets, net	5	5	1	0	-	24	3	0	0	-
TOTAL OPERATING EXPENSE	489	233	258	291	253	211	172	181	169	161
INCOME (LOSS) FROM OPERATIONS	-96	27	172	318	235	132	187	482	424	273
Investment Income, Interest	0	1	0	0	0	0	0	0	2	2
Interest expense	-	-	-	-	-	-	-	-	-	3
Other income (expense)	-	-0	1	-2	0	0	0	0	-0	-0
TOTAL OTHER EXPENSE	-5	-7	-15	-23	-21	-10	-5	-6	-1	-2
NET INCOME (LOSS)	-101	20	157	296	214	122	182	476	423	271
Distributions on Series B cumulative convertible preferred units	-	-	-	-	-	-	-	-	22	29
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON UNITS	-108	14	152	275	193	101	161	455	401	242
General partner interest	-	-	-	-	-	-	-	-	-	-
Common units	-	-	-	-	-	-	-	-	401	242
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON UNITS	-108	14	152	275	193	101	161	455	401	242
Per common unit (basic) (in usd per share)	-	-	-	-	-	-	-	2.18	1.91	1.15
Per common unit (diluted) (in usd per share)	-	-	-	-	-	-	-	2.12	1.88	1.15