Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Black Stone Minerals LP's Enterprise Value is $3,337.1 Mil.
Black Stone Minerals LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $425.3 Mil. Therefore, Black Stone Minerals LP's EV-to-EBIT ratio for today is 7.85.
* 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.
Competitive Comparison of Black Stone Minerals LP's Enterprise Value
For the Oil & Gas E&P subindustry, Black Stone Minerals LP's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Black Stone Minerals LP's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Black Stone Minerals LP's Enterprise Value falls into.
Black Stone Minerals LP Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Black Stone Minerals LP's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:BSM) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Black Stone Minerals LP's current Enterprise Value is $3,337.1 Mil.
Black Stone Minerals LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $425.3 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Black Stone Minerals LP's EV-to-EBITDA for today is:
Black Stone Minerals LP's current Enterprise Value is $3,337.1 Mil.
Black Stone Minerals LP's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $471.0 Mil.
Black Stone Minerals LP's current Enterprise Value is $3,337.1 Mil.
Black Stone Minerals LP's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $501.1 Mil.
* 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 Enterprise Value Related Terms
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Black Stone Minerals LP (Black Stone Minerals LP) Business Description
Black Stone Minerals LP is an oil and natural gas mineral company. It owns oil and natural gas mineral interests, which make up the majority of the 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.
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