BSM · XBRL financial data

Black Stone Minerals financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (BSM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	191*	105	110	135	84*	59	159	132	119*	59	149	100
Revenue from contracts with customers	136*	117	115	103	104*	115	107	105	95*	124	122	130
General and administrative	13*	14	13	13	12*	15	14	12	14*	17	16	16
Total operating expenses	43*	42	41	42	36*	42	37	38	44*	43	39	44
Operating income (loss)	148*	64	68	93	48*	17	122	94	75*	17	110	56
Interest income	year only	—	—	—	year only	—	—	—	—	—	—	—
Interest expense	1*	1	1	1	1*	1	2	2	3*	3	4	4
Other income (expense)	(0)*	(0)	(0)	(0)	(0)*	0	(0)	(0)	0*	(0)	0	0
Net income (loss)	year only	—	—	—	year only	—	—	—	—	—	—	—

Fiscal quarters (BSM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	70	40	27	21	3	2	3	3	1	12	2	5
Accounts receivable	82	72	74	68	71	3	5	5	3	4	7	4
Prepaid and other current assets	2	3	3	2	3	7	9	6	10	7	6	3
Total current assets	193	146	115	109	79	88	93	85	96	96	89	91
Property and equipment, net	1,066	1,078	1,095	1,096	1,134	1,142	1,166	1,177	1,225	1,227	1,261	1,273
Total assets	1,267	1,232	1,217	1,213	1,219	1,239	1,268	1,270	1,336	1,338	1,366	1,375
Accounts payable	6	6	6	4	6	5	7	3	3	3	4	4
Accrued liabilities	17	7	11	14	17	12	13	14	19	8	12	16
Total current liabilities	26	27	27	19	30	65	29	20	25	41	24	51
Total liabilities	50	56	56	45	89	174	165	145	207	265	252	282
Total liabilities and equity	1,267	1,232	1,217	1,213	1,219	1,239	1,268	1,270	1,336	1,338	1,366	1,375

Fiscal quarters (BSM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	year only	—	—	—	year only	—	—	—	—	—	—	—
Stock-based compensation	2*	2	2*	2*	2*	3	2*	2*	2*	4	2*	3*
Depreciation and amortization	12*	12	11	11	11*	9	9	10	9*	10	9	10
Net cash from operating activities	134*	104	100*	93*	91*	65	80*	100*	65*	63	93*	102*
Net cash from investing activities	(15)*	(24)	(28)*	(13)*	(48)*	(13)	(30)*	(21)*	(55)*	(12)	(41)*	(22)*
Net cash from financing activities	(105)*	(110)	(86)*	(86)*	(61)*	(52)	(51)*	(75)*	(15)*	(40)	(62)*	(76)*
Net change in cash	14*	(30)	(14)*	(6)*	(18)*	(0)	0*	4*	(5)*	10	(10)*	4*

SIC 1311 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Black Stone Minerals	5.5	130	102*	not reported	Q3 FY26 10-QSep 30, 2026
Comstock Resources	45	353	170*	293.6M	Q2 FY26 10-QJun 30, 2026
Murphy Oil	484	928	not reported	143.4M	Q2 FY26 10-QJun 30, 2026
SM Energy	442	2,170	1,122*	235.0M	Q3 FY26 10-QSep 30, 2026
Northern Oil & Gas	48	745	322	106.5M	Q2 FY26 10-QJun 30, 2026
Berry Corp (bry)	13	156	55*	77.6M	Q3 FY25 10-QSep 30, 2025
Gulfport Energy	1.1	323	150*	17.7M	Q2 FY26 10-QJun 30, 2026
CNX Resources	2	580	254*	142.9M	Q3 FY26 10-QSep 30, 2026
California Resources	48	1,002	305	88.3M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.