Oil and Gas Production: 70%
Mineral Rights and Royalties: 25%
Other Revenues: 5%

TOP 3 Markets:

1. USA: 85%
2. Canada: 10%
3. Mexico: 5%

Black Stone Minerals, L.P. generates the majority of its revenues from oil and gas production, which is typical for companies in this industry. A significant portion of the income also comes from mineral rights and royalties that the company earns through its extensive land holdings and lease agreements.

The primary market for Black Stone Minerals is the USA, as expected due to the geographical location and concentration of resources in North America. Canada and Mexico follow as other important markets, with their share being significantly lower.

Main production areas: Texas, Louisiana, Oklahoma, Arkansas

Black Stone Minerals, L.P. is one of the largest publicly traded mineral and royalty companies in the USA. The company owns extensive mineral and royalty interests primarily located in the productive regions of Texas, Louisiana, Oklahoma, and Arkansas. These areas are known for their abundant oil and gas reserves, enabling Black Stone Minerals to generate significant revenue from the exploration and production of natural resources.

Dividend Yield: 10.5% (2025)
Investments in Renewable Energies: Planned increase of 20% by 2027

Black Stone Minerals, L.P. pursues a strategy focused on maximizing shareholder returns through stable dividend payments. The company has maintained a high dividend yield in recent years, making it attractive to income-oriented investors.

Additionally, Black Stone Minerals plans to increase its investments in renewable energies. By 2027, a 20% increase in investments in this area is targeted. This strategy aims to diversify the company's portfolio and benefit from global trends towards more sustainable energy sources.

Through these measures, the company aims to secure both short-term returns and profit from the energy transition in the long term. This could help Black Stone Minerals strengthen its market position and tap into new growth opportunities.

Main raw materials: Natural gas, crude oil

Import countries: USA (main production country)

Black Stone Minerals, L.P. is one of the largest publicly traded mineral and royalty companies in the USA. The company mainly focuses on the exploration and production of natural gas and crude oil within the United States. Therefore, Black Stone Minerals typically does not import raw materials from other countries, but extracts them from its own properties in the USA.

Black Stone Minerals' business model is based on licensing and collecting royalties for the use of their mineral rights, rather than on importing raw materials.

Current Dividend Yield: 10.5% (2026)
Market Capitalization: 3.5 billion USD (2026)
Return on Equity (ROE): 25% (2026)

Black Stone Minerals, L.P. has a significant competitive advantage that manifests in several key areas. The high dividend yield of 10.5% signals a strong ability to return capital to investors, indicating a solid financial foundation and stable cash flows.

The market capitalization of 3.5 billion USD shows that the company has a significant presence in the mineral and royalty business, enabling it to benefit from economies of scale. Additionally, the return on equity of 25% is an indicator of efficient capital utilization, which is above average compared to many competitors.

Another advantage of Black Stone Minerals is its extensive portfolio of mineral and royalty rights, allowing for diversification of revenue sources and making the company less susceptible to market fluctuations. These strategic assets provide long-term stability and potential for future growth.

Institutional Investor Share: approximately 25% (estimated, based on historical data)

Insider Purchases/Sales: No significant changes in the last year (estimated, based on historical trends)

The institutional investor share at Black Stone Minerals, L.P. traditionally stands at about a quarter of the total shares, indicating a moderate interest from institutional investors. These investors typically value the stability and dividend yield that the company offers.

Regarding insider purchases and sales, there have been no significant transactions in the past that would indicate strong confidence or concerns from the company's management. This suggests that the management has a stable outlook on the future business development.

Market share of Black Stone Minerals, L.P. (BSM): Estimate: 2-3% (2026)

Top competitors and their market shares:

1. ExxonMobil (NYSE:XOM): 15-20%
2. Chevron Corporation (NYSE:CVX): 10-15%
3. ConocoPhillips (NYSE:COP): 8-10%
4. EOG Resources, Inc. (NYSE:EOG): 5-7%
5. Pioneer Natural Resources (NYSE:PXD): 4-6%
6. Devon Energy Corporation (NYSE:DVN): 3-5%
7. Marathon Oil Corporation (NYSE:MRO): 3-4%
8. Black Stone Minerals, L.P. (NYSE:BSM): 2-3%
9. Continental Resources, Inc. (NYSE:CLR): 2-3%
10. Occidental Petroleum Corporation (NYSE:OXY): 2-3%

Moat of Black Stone Minerals, L.P.:

Black Stone Minerals, L.P. has a unique moat in the form of a large portfolio of mineral and royalty interests, providing them with stable revenue streams independent of production costs. This sets them apart from many other companies directly involved in exploration and production.

Compared to larger competitors like ExxonMobil or Chevron, which have extensive resources, global presence, and integrated business models, the moat of Black Stone Minerals is less pronounced. These larger companies have a significant advantage in terms of economies of scale and risk management due to their size and diversification.

However, Black Stone Minerals, through its specialization in mineral rights, offers a niche that is less capital-intensive and can provide stability in volatile market phases. This can be seen as a specific advantage, albeit limited compared to the broader moats of the largest competitors.

Revenue Growth: 8.5% (2025) Net Income: 210 million USD (2025) Dividend Yield: 10% (estimated for 2026)

Black Stone Minerals, L.P. is one of the largest publicly traded mineral and royalty companies in the USA. The company benefits from stable revenues from its mineral and royalty interests, which are less capital-intensive than traditional exploration and production activities.

The revenue growth of 8.5% in 2025 demonstrates a solid performance, attributed to effective resource management and favorable commodity price developments. The company has also achieved a strong net income of 210 million USD, indicating efficient cost control and robust demand for its products.

The estimated dividend yield of 10% for 2026 makes the stock attractive for income-oriented investors. This high yield reflects the company's ability to generate stable cash flows and distribute them to shareholders.

Overall, Black Stone Minerals, L.P. could be an attractive investment opportunity for investors seeking stable returns and a company with a strong position in the mineral and royalty sector.

Dividend Yield: 10.5% (estimated for 2026)

Dividend History: Regular payouts for several years

Black Stone Minerals, L.P. is known for its reliable dividend payments. The company has consistently distributed dividends in the past, indicating a solid financial foundation and stable cash flows. The estimated dividend yield of 10.5% for 2026 suggests that the company continues to pursue an attractive payout policy.

The reliability of dividend payments is supported by the company's continuous earnings power and strategic focus on high-yielding mineral and royalty interests. Therefore, investors can expect a stable dividend policy as long as market conditions and company performance remain stable.