SuperworthBlack Stone Minerals free cash flow BSM
Cash from operations less capital spending, by quarter and over the last twelve months, from 2014.
- Last 12 months, to Jun 30, 2026
- $205.4M
- Latest quarter, Q2 FY26
- $58.6M
- +11% on a year earlier
- Fiscal year 2025
- $203.1M
- −27% on the year before
Black Stone Minerals' free cash flow was $205.4M over the twelve months to Jun 30, 2026, down 11% on a year earlier.
In its latest quarter, Q2 FY26, it was $58.6M, up 11% on the same quarter a year before.
Over the five fiscal years to FY2025 it shrank 6% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $203.1M | −27% |
| FY2024 | $279.6M | −45% |
| FY2023 | $506.6M | n/a |
| FY2022 | n/a | n/a |
| FY2021 | $246.8M | −12% |
| FY2020 | $281.8M | −24% |
| FY2019 | $369.7M | −2% |
| FY2018 | $379.1M | n/a |
| FY2017 | −$143.8M | −359% |
| FY2016 | $55.5M | n/a |
| FY2015 | n/a | n/a |
| FY2014 | $350.6M | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $58.6M | +11% | $205.4M | |
| Q1 FY26 | $51M | −7% | $199.6M | |
| Q4 FY25 | $16.3M | −64% | $203.1M | |
| Q3 FY25 | $79.5M | +1% | $232.5M | |
| Q2 FY25 | $52.7M | −29% | $231.6M | |
| Q1 FY25 | $54.6M | −33% | $252.7M | |
| Q4 FY24 | $45.7M | −62% | $279.6M | |
| Q3 FY24 | $78.5M | −32% | $354.4M | |
| Q2 FY24 | $73.9M | −45% | $391.6M | |
| Q1 FY24 | $81.5M | −41% | $451M | |
| Q4 FY23 | $120.4M | −23% | $506.6M | |
| Q3 FY23 | $115.8M | +7% | $542.6M |
Against its peers
Companies in Oil & Gas Exploration & Production nearest Black Stone Minerals' size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| BSMBlack Stone Minerals | 6.5% |
| GPORGulfport Energy | 8.5% |
| PARRPAR Pacific | 10.7% |
| HESMHess Midstream | 21.3% |
| CRKComstock Resources | −17.7% |
| BKVBKV | −7.2% |
| KRPKimbell Royalty Partners | n/m |
| CNXCNX Resources | 9.7% |
| MNRMach Natural Resources | 35.4% |
| LBLandBridge Co LLC | 2.5% |
| MGYMagnolia Oil & Gas | 8.8% |
| Peer median | 8.8% |
Where Black Stone Minerals ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Black Stone Minerals
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.