Black Stone Minerals(US:BSM) ZACKS·2026-02-24 03:31Core Insights - Black Stone Minerals (BSM) reported a revenue of $118.7 million for the quarter ended December 2025, marking a year-over-year increase of 41.8% and an EPS of $0.31 compared to $0.18 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $104 million, resulting in a surprise of +14.14%, while the EPS also surpassed expectations with a surprise of +16.24% against a consensus estimate of $0.27 [1] Financial Performance Metrics - BSM's production metrics included 32.1 million barrels of oil equivalent per day, slightly below the average estimate of 33.76 million barrels [4] - Natural gas production was reported at 13,118.00 MMcf, compared to the average estimate of 13,941.32 MMcf [4] - Oil and condensate production was 768.00 MBBL, lower than the average estimate of 779.52 MBBL [4] - Total production equivalents were 2,954.00 MBOE, compared to the average estimate of 3,103.24 MBOE [4] Revenue Breakdown - Revenue from lease bonuses and other income was $4.71 million, significantly exceeding the average estimate of $1.06 million, reflecting a year-over-year change of +137.6% [4] - Revenue from oil and condensate sales was $46.37 million, below the average estimate of $50.49 million, indicating a year-over-year decline of -22.7% [4] - Revenue from natural gas and natural gas liquids sales was $44.11 million, also below the average estimate of $48.5 million, but showing a year-over-year increase of +4.1% [4] Stock Performance - Over the past month, shares of Black Stone Minerals have returned +3.1%, outperforming the Zacks S&P 500 composite's +1.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]