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Filing Flows › Black Stone Minerals, L.P. (BSM) › Capital expenditures

Black Stone Minerals, L.P. (BSM) capital expenditures by quarter

Black Stone Minerals, L.P.'s capital expenditures were $14.6M in Q3 2026 (third quarter 2026), -57% from Q2 2026. Over the last 7 quarters it ranged from $10.3M (Q1 2025) to $48.8M (Q4 2025).

Black Stone Minerals, L.P. capital expenditures by quarterBlack Stone Minerals, L.P. capital expenditures by quarter$10.3MQ1 2025$27.7MQ2 2025$20.3MQ3 2025$48.8MQ4 2025$11.5MQ1 2026$34.4MQ2 2026$14.6MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$14.6M-57%-28%
Q2 2026$34.4M+197%+24%
Q1 2026$11.5M-76%+13%
Q4 2025$48.8M+141%—
Q3 2025$20.3M-27%—
Q2 2025$27.7M+170%—
Q1 2025$10.3M——

Q3 2026 at a glance

Black Stone Minerals, L.P., Q3 2026: revenue $99.7M (-25% year over year), operating margin 56.4%, net earnings $45.0M, operating cash flow $102M. The chart follows the revenue to costs, profit and cash.

Questions

What is Black Stone Minerals, L.P.'s capital expenditures?

Black Stone Minerals, L.P.'s capital expenditures were $14.6M in Q3 2026 (third quarter 2026), -57% from Q2 2026.

How has Black Stone Minerals, L.P.'s capital expenditures changed?

Over the last 7 quarters it ranged from $10.3M (Q1 2025) to $48.8M (Q4 2025).

Q3 2026 results → · How Black Stone Minerals, L.P. makes money →