BSM (Black Stone Minerals LP) Equity-to-Asset: 0.82 (As of Jun. 2026) — Near Median

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BSM Black Stone Minerals LP BSM
81 GF Score
Price $15.05
GF Value $14.21
Valuation Fairly Valued
! 8 Warning Signs
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What is Black Stone Minerals LP Equity-to-Asset?

Black Stone Minerals LP BSM +1.07% 81 Equity-to-Asset is 0.82 as of Jun. 2026, which is at its 10-year median of 0.82. GuruFocus rates BSM with a GF Score™ of 81/100 and a GF Value™ of $14.21 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,034 Oil & Gas companies, Black Stone Minerals LP ranks better than 85.01% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Black Stone Minerals LP's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $1,113.5 Mil. Black Stone Minerals LP's Total Assets for the quarter that ended in Jun. 2026 was $1,365.9 Mil. Therefore, Black Stone Minerals LP's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.82.

The historical rank and industry rank for Black Stone Minerals LP's Equity-to-Asset or its related term are showing as below:

BSM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.82   Max: 0.97
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Black Stone Minerals LP was 0.97. The lowest was 0.62. And the median was 0.82.

BSM's Equity-to-Asset is ranked better than
85.01% of 1034 companies
in the Oil & Gas industry
Industry Median: 0.495 vs BSM: 0.82

Black Stone Minerals LP  (NYSE:BSM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Black Stone Minerals LP Equity-to-Asset Related Terms


Black Stone Minerals LP Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Black Stone Minerals LP's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Black Stone Minerals LP Equity-to-Asset Chart

Black Stone Minerals LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.95 0.96 0.93 0.85

Black Stone Minerals LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.87 0.89 0.85 0.80 0.82

BSM vs GPOR, BKV, CRGY: Equity-to-Asset Comparison

For the Oil & Gas E&P subindustry, Black Stone Minerals LP's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Black Stone Minerals LP Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Black Stone Minerals LP's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Black Stone Minerals LP's Equity-to-Asset falls into.


BSM
81GF Score
Black Stone Minerals LP BSM
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Stone Minerals LP Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Black Stone Minerals LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1128.456/1335.554
=0.84

Black Stone Minerals LP's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=1113.466/1365.911
=0.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.82 mean?
Black Stone Minerals LP (BSM) has a Equity-to-Asset of 0.82 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Black Stone Minerals LP and its competitors. This is near median its historical median of 0.82. Over the past decade, Black Stone Minerals LP's Equity-to-Asset has ranged from 0.62 to 0.97. According to the industry distribution chart, Black Stone Minerals LP ranks #155 out of 1034 companies in the Oil & Gas industry, placing it in the top 15%.
Is Black Stone Minerals LP's Equity-to-Asset too high?
Black Stone Minerals LP's current Equity-to-Asset of 0.82 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.97. The Oil & Gas industry median Equity-to-Asset is 0.50. Black Stone Minerals LP's value of 0.82 is 65.7% above this industry median. Based on the distribution chart, Black Stone Minerals LP ranks #155 out of 1034 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Black Stone Minerals LP has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Black Stone Minerals LP's Equity-to-Asset compare to GPOR and BKV?
According to the Oil & Gas industry distribution chart, Black Stone Minerals LP ranks #155 out of 1034 companies for Equity-to-Asset. This places Black Stone Minerals LP in the top 15% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.50. Black Stone Minerals LP's value of 0.82 is 65.7% above this benchmark. Historically, Black Stone Minerals LP's own Equity-to-Asset has ranged from 0.62 to 0.97 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.50, Black Stone Minerals LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Stone Minerals LP's current Equity-to-Asset of 0.82 is 65.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Black Stone Minerals LP and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Stone Minerals LP's current Equity-to-Asset is 0.82, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Stone Minerals LP stock overvalued right now?
Based on GuruFocus' analysis, Black Stone Minerals LP (BSM) is currently considered Fairly Valued. The stock's GF Value™ is $14.21, compared to a current price of $15.05 — trading 5.9% above its estimated fair value. The current Equity-to-Asset is 0.82, which is near median its 10-year median of 0.82 and 65.7% above the Oil & Gas industry median of 0.50. Black Stone Minerals LP's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Black Stone Minerals LP (BSM), the current Equity-to-Asset is 0.82 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Black Stone Minerals LP (BSM) Overvalued in 2026?

Based on GuruFocus' analysis, Black Stone Minerals LP stock appears to be overvalued. The current stock price of $15.05 is trading 5.9% above its estimated GF Value™ of $14.21. GuruFocus considers Black Stone Minerals LP to be Fairly Valued.

Key valuation signals for BSM:

  • Equity-to-Asset: 0.82 (near median its 10-year median of 0.82)
  • GF Value™: $14.21 vs. price of $15.05 (5.9% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 65.7% above the Oil & Gas median (#155 of 1034)

No single metric tells the full story. See the BSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Black Stone Minerals LP Business Description

Industry EnergyOil & Gas
Address 1001 Fannin Street, Suite 2020, Houston, TX, USA, 77002
Black Stone Minerals LP is an oil and natural gas mineral company. It owns oil and natural gas mineral interests, which makes up the majority of its asset base. Its business is actively managing an existing portfolio of mineral and royalty assets to maximize its value and expanding asset base through acquisitions of additional mineral and royalty interests. The company owns mineral interests in approximately 16.9 million gross acres.
81GF Score

Get the complete analysis for BSM

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.05
Price
$14.21
GF Value