Black Stone Minerals, L.P.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $260.8m $429.7m $594.7m $492.8m $296.6m $505.7m $784.3m $501.1m $439.4m $422.3m
Operating Expenses $233.4m $257.6m $291.2m $252.6m $210.6m $171.9m $181.1m $168.6m $160.6m $161.5m
Operating Income (Loss) $27.5m $172.1m $318.4m $235.2m $132.1m $187.3m $482.5m $423.6m $273.1m $308.4m
Additional Financial Items
Investment Income, Interest $656k $49k $183k $159k $35k $1k $53k $1.9m $1.7m $237k
Preferred Stock Dividends and Other Adjustments $21.8m $29.5m $29.5m
Gain (Loss) on Derivative Instruments, Net, Pretax ($36.5m) $26.9m $14.8m ($5.0m) $46.1m ($146.5m) ($120.7m) $91.1m ($5.7m) $47.6m
Investment Income, Net $237k
Net Income (Loss) Attributable to Parent $20.2m $157.2m $295.6m $214.4m $121.8m $182.0m $476.5m $422.5m $271.3m $270.5m
Net Income (Loss) Available to Common Stockholders, Basic $14.4m $152.1m $274.5m $193.4m $100.8m $161.0m $455.5m $400.8m $241.9m $270.5m
General and Administrative Expense $73.1m $77.6m $76.7m $63.4m $43.0m $48.7m $53.7m $51.5m $52.1m $55.5m
Operating Lease, Expense $18.8m $17.3m $18.4m $17.7m $14.0m $13.1m $12.4m $11.4m $9.7m $10.1m
Other Nonoperating Income (Expense) ($390k) $714k ($2.2m) $472k $83k $299k $215k ($160k) ($337k) $229k
Interest Expense (non-operating) $3.1m $8.9m
Business Combination, Acquisition Related Costs $200k $100k
Interest Expense $7.5m $15.7m $20.8m $21.4m $10.4m $5.6m $6.3m $2.8m $3.1m $8.9m
Other Expenses $0 $0