Black Stone Minerals, L.P (BSM): Price and Financial Metrics

BSM POWR Grades

• Quality is the dimension where BSM ranks best; there it ranks ahead of 97.3% of US stocks.
• The strongest trend for BSM is in Growth, which has been heading down over the past 177 days.
• BSM ranks lowest in Growth; there it ranks in the 0th percentile.

BSM Stock Summary

• The ratio of debt to operating expenses for BLACK STONE MINERALS LP is higher than it is for about just 0.33% of US stocks.
• With a year-over-year growth in debt of -100%, BLACK STONE MINERALS LP's debt growth rate surpasses just 0% of about US stocks.
• The volatility of BLACK STONE MINERALS LP's share price is greater than that of merely 7.1% US stocks with at least 200 days of trading history.
• Stocks that are quantitatively similar to BSM, based on their financial statements, market capitalization, and price volatility, are SNCE, MNTK, EVTC, BMTX, and METC.
• Visit BSM's SEC page to see the company's official filings. To visit the company's web site, go to www.blackstoneminerals.com.

BSM Valuation Summary

• In comparison to the median Energy stock, BSM's price/earnings ratio is 13.25% lower, now standing at 7.2.
• BSM's price/sales ratio has moved down 1.3 over the prior 102 months.

Below are key valuation metrics over time for BSM.

BSM Growth Metrics

Its 5 year net income to common stockholders growth rate is now at 362.7%.
• The year over year net income to common stockholders growth rate now stands at 236.97%.
• Its 4 year cash and equivalents growth rate is now at -78.29%.

BSM's revenue has moved up $124,827,000 over the prior 33 months.

The table below shows BSM's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	612.648	342.004	406.455
2022-06-30	456.046	291.44	254.158
2022-03-31	334.116	283.77	137.799
2021-12-31	359.26	256.88	160.987
2021-09-30	257.263	243.821	57.138
2021-06-30	241.178	249.419	64.693

BSM's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• BSM has a Quality Grade of B, ranking ahead of 91.16% of graded US stocks.
• BSM's asset turnover comes in at 0.194 -- ranking 108th of 136 Petroleum and Natural Gas stocks.
• IO, HP, and NOG are the stocks whose asset turnover ratios are most correlated with BSM.

The table below shows BSM's key quality metrics over time.