BSM Q1 2025 Earnings — Black Stone Minerals, L.P. Revenue & Financial Results | Market Cap Arena

BSMBlack Stone Minerals, L.P.

$3B

Q1 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$115M-1.3% YoY

Gross Profit

$94M81.4% margin

Operating Income

$17M14.9% margin

Net Income

$16M13.8% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+10.5%

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

$51M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$174M

Stockholders' Equity

$1.1B

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$115M	$117M	-1.3%
Gross Profit	$94M	$90M	+4.6%
Operating Income	$17M	$64M	-73.2%
Net Income	$16M	$64M	-75.1%

Revenue Segments

Natural Gas

$58M51%

Oil

$50M43%

Real Estate

$7M6%