BSMBlack Stone Minerals, L.P.

$3B

Q2 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$208M+76.2% YoY

Gross Profit

$173M83.3% margin

Operating Income

$133M64.1% margin

Net Income

$132M63.4% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

+32.8%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

$71M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$230M

Stockholders' Equity

$1.0B

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$208M	$118M	+76.2%
Gross Profit	$173M	$89M	+94.5%
Operating Income	$133M	$17M	+681.6%
Net Income	$132M	$15M	+754.2%

Revenue Segments

Natural Gas

$111M54%

Oil

$94M45%

Real Estate

$2M1%

BSM Q2 2022 Earnings — Black Stone Minerals, L.P. Revenue & Financial Results | Market Cap Arena