BSM Q1 2024 Earnings — Black Stone Minerals, L.P. Revenue & Financial Results | Market Cap Arena

BSMBlack Stone Minerals, L.P.

$3B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$117M-4.5% YoY

Gross Profit

$90M76.8% margin

Operating Income

$64M54.8% margin

Net Income

$64M54.7% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-14.4%

Cash Flow

Operating Cash Flow

$104M

Free Cash Flow

$80M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$56M

Stockholders' Equity

$1.2B

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$117M	$122M	-4.5%
Gross Profit	$90M	$96M	-6.4%
Operating Income	$64M	$135M	-52.7%
Net Income	$64M	$134M	-52.5%

Revenue Segments

Oil

$71M61%

Natural Gas

$42M36%

Real Estate

$4M3%