Black Stone Minerals (BSM) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Black Stone Minerals (BSM) reported a significant decline in revenue and earnings per share (EPS) for the quarter ended December 2024, with revenue of $83.73 million, down 56.1% year-over-year, and EPS of$ 0.18 compared to $0.65 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of$ 115.46 million by 27.48%, while the EPS also missed the consensus estimate of $0.39 by 53.85% [1] Financial Performance - The company’s production metrics showed a decrease in oil equivalent production to 36.1 million barrels per day, below the analyst estimate of 37.37 million barrels [4] - Natural gas production was reported at 14,794 MMcf, which was lower than the average estimate of 15,561.19 MMcf [4] - Oil and condensate production was slightly above the analyst estimate, reported at 855 MBBL compared to 844.63 MBBL [4] Revenue Breakdown - Revenue from lease bonuses and other income was$ 1.98 million, significantly lower than the estimated $2.71 million, marking a 48.2% decline year-over-year [4] - Oil and condensate sales generated$ 59.95 million, falling short of the $62.56 million estimate and representing a 25.2% decrease from the previous year [4] - Revenue from natural gas and natural gas liquids sales was reported at$ 42.36 million, below the estimated $48.16 million, reflecting a 19.2% year-over-year decline [4] Stock Performance - Over the past month, shares of Black Stone Minerals have returned -2%, compared to a -0.5% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]