Black Stone Minerals, L.P.
BSM- Exchange
- NYSE
- Industry
- Crude Petroleum & Natural Gas
- SEC CIK
- 0001621434
In the last 90 days, Black Stone Minerals, L.P. insiders filed 1 open-market purchase and 1 sale; 201 institutions reported holding it in 13F filings for Q2 2026, worth $628.4M in total; no superinvestor holds it.
Key figures
- Market capNo recent share count in SEC filings
- –
- Insider buysLast 90 days, $686.3K in total
- 1
- Insider sellsLast 90 days, $9.01M in total
- 1
- 13F holdersQ2 2026, +9 vs. previous quarter
- 201
- 13F valueReported value at the end of Q2 2026
- $628.4M
- Superinvestors holdingAt the end of Q2 2026
- 0
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $469.9M
- +8.4% year over year
- Net income, FY2025
- $299.9M
- +10.5% year over year
- Free cash flow, FY2025
- –
- No comparable prior period
- Revenue, Q3 FY2026
- $99.7M
- −24.7% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Net income for FY2025: $299.9M (63.8% of revenue).
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 3.28M
- Shares sold short
- Change
- +190.3K
- +6.2% vs. previous
- Days to cover
- 6.25
- At average daily volume
Superinvestors holding BSM, Q2 2026
Go to the superinvestors tabNo superinvestor reported holding BSM at the end of Q2 2026.
Latest insider trades
See all insider tradesOpen-market purchases and sales by Black Stone Minerals, L.P. insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Nov 10, 2026 (view filing)5:16 PM ET | Nov 9 | 1 day | Carter Thomas L JrExecutive Chairman | PPurchaseCommon units representing limited partner interests | +50.0K | $13.73 | +$686.3K | +1.4%3.73M after | |
| Nov 10, 2026 (view filing)5:15 PM ET | Nov 9 | 1 day | Whitehead JamesDirector | SSaleCommon units representing limited partner interests | −671.2K | $13.42 | −$9.01M | −100.0%0 after | 2 lots |
| Aug 10, 2026 (view filing)4:48 PM ET | Aug 6 | 4 days | Whitehead JamesDirector | SSaleCommon units representing limited partner interests | −2.13M | $13.21 | −$28.1M | −76.7%646.1K after | 2 lots |
| Jun 2, 2026 (view filing) | May 29-Jun 1 | 4 days | DeWalch D MarkDirector | PPurchaseCommon units representing limited partner interests | +72.7K | $13.55 | +$985.4K | +13.0%631.2K after | 2 lots |
| May 28, 2026 (view filing) | May 28 | Same day | DeWalch D MarkDirector | PPurchaseCommon units representing limited partner interests | +37.6K | $13.21 | +$497.4K | +9.6%431.5K after | |
| May 14, 2026 (view filing) | May 13 | 1 day | Carter Thomas L JrExecutive Chairman | PPurchaseCommon units representing limited partner interests | +1.12K | $13.50 | +$15.1K | 0.0%3.68M after | |
| May 13, 2026 (view filing) | May 12 | 1 day | Longmaid Ashley JDirector | SSaleCommon units representing limited partner interests | −11.1K | $13.45 | −$149.7K | −7.5%137.3K after | |
| May 12, 2026 (view filing) | May 8-12 | 4 days | Carter Thomas L JrExecutive Chairman | PPurchaseCommon units representing limited partner interests | +67.8K | $13.42 | +$909.4K | +1.9%3.68M after | 3 lots |
| May 6, 2026 (view filing) | Apr 6 | 30 days | Putman Luke StevensSVP, General Counsel, and Sec | SSaleCommon units representing limited partner interests | −29.4K | $14.45 | −$424.6K | −3.9%732.0K after | Amended10b5-1 |
| May 6, 2026 (view filing) | May 5 | 1 day | Putman Luke StevensSVP, General Counsel, and Sec | SSaleCommon units representing limited partner interests | −29.4K | $13.75 | −$404.1K | −4.0%702.6K after | 10b5-1 |
Top 10 13F holders, Q2 2026
See all 201 holdersThe largest institutional positions in Black Stone Minerals, L.P. at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 8,899,403 | $124.3M | 0.01% | +627,645+7.6% | Added |
| William Marsh Rice University | 5,663,476 | $79.1M | 36.09% | 00.0% | Unchanged |
| FMR LLC | 4,518,071 | $63.1M | 0.00% | −19,100−0.4% | Reduced |
| Bank of America Corp | 2,080,058 | $29.1M | 0.00% | −27,234−1.3% | Reduced |
| Penn Davis McFarland Inc | 1,958,137 | $27.4M | 2.44% | −1,451−0.1% | Reduced |
| Investment Management Associates Inc | 1,848,184 | $25.8M | 6.56% | −52,818−2.8% | Reduced |
| Natixis | 1,579,900 | $22.1M | 0.10% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 1,181,399 | $16.5M | 0.00% | 00.0% | Unchanged |
| Long Corridor Asset Management Ltd | 880,000 | $12.3M | 3.71% | +108,000+14.0% | Added |
| Brown Advisory Inc | 870,666 | $12.2M | 0.02% | −7,337−0.8% | Reduced |
Holders of 5% or more of BSM
See all 1 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Black Stone Minerals, L.P..
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Morgan Stanley | 13G | 5.20%11.0M shares | New | Aug 20, 20261 filing | Aug 20, 2026 | SEC |
Politician trades
All politician trades in BSM1 member of Congress reported 2 trades in Black Stone Minerals, L.P. since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Mar 1, 2023 |  Thomas R. Carper Senate · DE | Buy | $1K-$15K |
| Feb 2, 2023 | Thomas R. Carper Senate · DE | Buy | $1K-$15K |
Senate · DE · Mar 1, 2023
Buy$1K-$15K
Senate · DE · Feb 2, 2023
Buy$1K-$15K