BSM Q2 2025 Earnings — Black Stone Minerals, L.P. Revenue & Financial Results | Market Cap Arena

BSMBlack Stone Minerals, L.P.

$3B

Q2 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$107M-7.3% YoY

Gross Profit

$86M80.1% margin

Operating Income

$122M114.6% margin

Net Income

$120M112.5% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$51M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$165M

Stockholders' Equity

$1.1B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$107M	$115M	-7.3%
Gross Profit	$86M	$88M	-2.6%
Operating Income	$122M	$68M	+78.5%
Net Income	$120M	$68M	+75.7%

Revenue Segments

Natural Gas

$46M91%

Real Estate

$5M9%