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 95.68% of US stocks.
• BSM's strongest trending metric is Quality; it's been moving up over the last 179 days.
• BSM ranks lowest in Value; there it ranks in the 40th percentile.

BSM Stock Summary

• With a price/sales ratio of 8.44, Black Stone Minerals LP has a higher such ratio than 82.72% of stocks in our set.
• With a year-over-year growth in debt of -26.45%, Black Stone Minerals LP's debt growth rate surpasses only 15.45% of about US stocks.
• Black Stone Minerals LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 7.08%, greater than the shareholder yield of 78.79% of stocks in our set.
• Stocks that are quantitatively similar to BSM, based on their financial statements, market capitalization, and price volatility, are SII, METC, RPAY, TXRH, and EVTC.
• BSM's SEC filings can be seen here. And to visit Black Stone Minerals LP's official web site, go to www.blackstoneminerals.com.

BSM Valuation Summary

• BSM's EV/EBIT ratio is 27.9; this is 53.72% higher than that of the median Energy stock.
• BSM's price/sales ratio has moved up 3.6 over the prior 77 months.
• BSM's price/sales ratio has moved up 3.6 over the prior 77 months.

Below are key valuation metrics over time for BSM.

BSM Growth Metrics

Its 3 year net cashflow from operations growth rate is now at 68.9%.
• The year over year net income to common stockholders growth rate now stands at -82.84%.
• Its 4 year cash and equivalents growth rate is now at -39.36%.

BSM's revenue has moved down $219,620,000 over the prior 34 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
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
2021-03-31	221.265	266.045	40.893
2020-12-31	342.751	281.809	100.819
2020-09-30	368.353	327.824	110.491

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.