Workflow
Oil and condensate
icon
Search documents
Black Stone Minerals (BSM) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKSยท 2025-08-05 00:30
Financial Performance - Black Stone Minerals (BSM) reported revenue of $159.49 million for the quarter ended June 2025, marking a year-over-year increase of 45.5% [1] - The earnings per share (EPS) for the same period was $0.53, compared to $0.29 a year ago, indicating significant growth [1] - The reported revenue exceeded the Zacks Consensus Estimate of $106 million by 50.47%, while the EPS surpassed the consensus estimate of $0.30 by 76.67% [1] Production Metrics - The company produced 34.6 million barrels of oil equivalent per day, which was below the average estimate of 38.21 million barrels by three analysts [4] - Oil and condensate production reached 863,000 barrels, exceeding the average estimate of 774,440 barrels based on two analysts [4] - Natural gas production was reported at 13,710 million cubic feet, which fell short of the average estimate of 15,919.15 million cubic feet [4] - Total production equivalents were 3,148,000 barrels of oil equivalent, compared to the average estimate of 3,428,050 barrels [4] Revenue Breakdown - Revenue from lease bonuses and other income was $4.71 million, surpassing the average estimate of $3.49 million, but reflecting a year-over-year decrease of 1.6% [4] - Revenue from oil and condensate sales was $55.81 million, exceeding the average estimate of $50.66 million, but showing a year-over-year decline of 24.5% [4] - Revenue from natural gas and natural gas liquids sales was $46.19 million, which was below the average estimate of $55.94 million, yet represented a year-over-year increase of 26.6% [4] Stock Performance - Over the past month, shares of Black Stone Minerals have returned -4.6%, contrasting with the Zacks S&P 500 composite's increase of +0.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]