Black Stone Minerals LP () Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

428.06 k

Shareholding (Mar 2025)

FII

2.22%

Held by 13 FIIs

DII

94.84%

Held by 6 DIIs

Promoter

1.87%

How big is Black Stone Minerals LP?

22-Jun-2025

As of Jun 18, Black Stone Minerals LP has a market capitalization of $2.83 billion, with recent net sales of $346.46 million and a net profit of $223.35 million.

What does Black Stone Minerals LP do?

22-Jun-2025

Black Stone Minerals LP is a small-cap company in the Capital Markets industry, with recent net sales of $3 million and a net profit of $16 million. It has a market cap of approximately $2.83 billion, a P/E ratio of 18.00, and a low debt-to-equity ratio of 0.06.

Is Black Stone Minerals LP overvalued or undervalued?

20-Sep-2025

As of February 27, 2017, Black Stone Minerals LP is considered undervalued with a P/E ratio of 18, favorable compared to peers, and has shown strong long-term returns despite recent short-term underperformance.

Is Black Stone Minerals LP technically bullish or bearish?

20-Sep-2025

As of September 11, 2025, Black Stone Minerals LP has a mildly bearish trend, with mixed indicators and recent outperformance over the S&P 500 in the short term, but a significant year-to-date underperformance.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

High Management Efficiency with a high ROE of 27.87%

Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.19 times

Poor long term growth as Net Sales has grown by an annual rate of 2.92% over the last 5 years

The company has declared Negative results for the last 3 consecutive quarters

With ROE of 15.19%, it has a very attractive valuation with a 2.72 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Capital Markets

Market cap

USD 2,525 Million (Small Cap)

P/E

18.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.09

Return on Equity

23.65%

Price to Book

2.29

Revenue and Profits:

Net Sales:

212 Million

(Quarterly Results - Jun 2025)

Net Profit:

120 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

19.51%

6 Months

7.0%

1 Year

-4.03%

2 Years

-14.44%

3 Years

-21.13%

4 Years

34.2%

5 Years

96.75%

Black Stone Minerals LP for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Black Stone Minerals LP Experiences Evaluation Revision Amid Mixed Market Indicators

Black Stone Minerals LP has recently revised its evaluation amid challenging market conditions. The stock, priced at $12.56, has underperformed significantly over the past year, with a return of -16.77%. Technical indicators present a mixed outlook, reflecting the company's complex market position and notable fluctuations in performance.

Is Black Stone Minerals LP technically bullish or bearish?

As of 11 September 2025, the technical trend for Black Stone Minerals LP has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a mix of indicators: the weekly MACD is mildly bullish, while the monthly MACD and KST are bearish. The daily moving averages are also mildly bearish, and the Bollinger Bands indicate a sideways trend on the weekly timeframe. In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 3.02% and 8.45%, respectively, but it has significantly underperformed over longer periods, including a -11.23% YTD return compared to the S&P 500's 12.22%....

Is Black Stone Minerals LP overvalued or undervalued?

As of 27 February 2017, the valuation grade for Black Stone Minerals LP moved from risky to very attractive, indicating a significant improvement in its investment appeal. The company appears undervalued, especially when considering its P/E ratio of 18, which is relatively low compared to peers like WisdomTree, Inc. with a P/E of 22.34, and Viper Energy, Inc. with a P/E of 8.34. Additionally, the EV to EBITDA ratio stands at 12.88, while peers like Blackstone Secured Lending Fund and Sitio Royalties Corp. have lower ratios of 6.55 and 4.96, respectively. In terms of returns, Black Stone Minerals LP has shown a mixed performance compared to the S&P 500, with a notable 5-year return of 107.03% against the index's 96.61%, but it has underperformed in the shorter term, particularly year-to-date with a decline of 11.23% compared to the S&P 500's gain of 12.22%. Overall, the valuation metrics suggest that Black ...

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

2.92%

EBIT Growth (5y)

10.59%

EBIT to Interest (avg)

69.94

Debt to EBITDA (avg)

0.19

Net Debt to Equity (avg)

0.06

Sales to Capital Employed (avg)

0.43

Tax Ratio

Dividend Payout Ratio

139.45%

Pledged Shares

Institutional Holding

18.65%

ROCE (avg)

27.59%

ROE (avg)

27.87%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.72

EV to EBIT

15.94

EV to EBITDA

12.88

EV to Capital Employed

2.62

EV to Sales

8.53

PEG Ratio

Dividend Yield

ROCE (Latest)

16.46%

ROE (Latest)

15.19%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Bullish

Bearish

Dow Theory

Mildly Bullish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Majority shareholders

Foreign Institutions

Domestic Funds

Held in 17 Schemes (1.07%)

Foreign Institutions

Held by 13 Foreign Institutions (2.22%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 6,333.33% vs -97.36% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 654.72% vs -65.66% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "212.30",
          "val2": "3.30",
          "chgp": "6,333.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "184.60",
          "val2": "-29.40",
          "chgp": "727.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.30",
          "val2": "1.40",
          "chgp": "64.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-52.80",
          "val2": "56.00",
          "chgp": "-194.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "120.00",
          "val2": "15.90",
          "chgp": "654.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "824.70%",
          "val2": "-11,947.10%",
          "chgp": "1,277.18%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -12.31% vs -36.11% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -35.79% vs -11.33% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "439.40",
          "val2": "501.10",
          "chgp": "-12.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "325.30",
          "val2": "379.10",
          "chgp": "-14.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.10",
          "val2": "2.80",
          "chgp": "10.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-5.70",
          "val2": "91.10",
          "chgp": "-106.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "271.30",
          "val2": "422.50",
          "chgp": "-35.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "634.50%",
          "val2": "663.40%",
          "chgp": "-2.89%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

212.30

3.30

6,333.33%

Operating Profit (PBDIT) excl Other Income

184.60

-29.40

727.89%

Interest

2.30

1.40

64.29%

Exceptional Items

-52.80

56.00

-194.29%

Consolidate Net Profit

120.00

15.90

654.72%

Operating Profit Margin (Excl OI)

824.70%

-11,947.10%

1,277.18%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is 6,333.33% vs -97.36% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 654.72% vs -65.66% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

439.40

501.10

-12.31%

Operating Profit (PBDIT) excl Other Income

325.30

379.10

-14.19%

Interest

3.10

2.80

10.71%

Exceptional Items

-5.70

91.10

-106.26%

Consolidate Net Profit

271.30

422.50

-35.79%

Operating Profit Margin (Excl OI)

634.50%

663.40%

-2.89%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -12.31% vs -36.11% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -35.79% vs -11.33% in Dec 2023

All Annual Results

Company CV

About Black Stone Minerals LP

Black Stone Minerals LP

Capital Markets

No Details Available.

Company Coordinates

No Company Details Available

Black Stone Minerals LP

1Day

52 Week

CASH

FII

DII

Promoter

How big is Black Stone Minerals LP?

Watch in Real-Time

What does Black Stone Minerals LP do?

Is Black Stone Minerals LP overvalued or undervalued?

Is Black Stone Minerals LP technically bullish or bearish?

MarketsMojo — Loved in India, Now Global

Dashboard

High Management Efficiency with a high ROE of 27.87%

Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.19 times

Poor long term growth as Net Sales has grown by an annual rate of 2.92% over the last 5 years

The company has declared Negative results for the last 3 consecutive quarters

With ROE of 15.19%, it has a very attractive valuation with a 2.72 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Black Stone Minerals LP Experiences Evaluation Revision Amid Mixed Market Indicators

Is Black Stone Minerals LP technically bullish or bearish?

Is Black Stone Minerals LP overvalued or undervalued?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Annual Results Snapshot (Consolidated) - Dec'24

About Black Stone Minerals LP

Company Coordinates