BSM

In the past six months, Black Stone Minerals' stock (BSM) has shown a 6-month return of -2.88%, a year-to-date return of 12.14%, and a 1-year return of 15.01%, with its 52-week trading range between $12.32 and $15.49. For Q1 2026, the company reported mineral and royalty production of 35.9 MBoe/d, total production of 37.0 MBoe/d, Adjusted EBITDA of $87.0 million, net income of $13.3 million, and announced a cash distribution of $0.30 per common unit. Q2 2026 results included a net income of $106.4 million, Adjusted EBITDA of $91.3 million, distributable cash flow of $80.4 million, and mineral and royalty production averaging 32.5 MBoe/d, with total production at 33.5 MBoe/d, and revenue exceeding consensus estimates at $148.97 million. In July 2026, BSM increased its cash distribution to $0.32 per common unit for Q2 2026, an approximate 7% increase. Insider ownership increased in Q1 2026, though a large insider sale by a director occurred in early August 2026. Market sentiment for BSM is generally resilient due to its mineral and royalty interest model, which helps mitigate commodity price swings and production costs, leading analysts to generally maintain a 'Hold' rating.