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Black Stone Minerals LP (Black Stone Minerals LP) 5-Year ROIIC % : -5.60% (As of Dec. 2023)


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What is Black Stone Minerals LP 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Black Stone Minerals LP's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -5.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Black Stone Minerals LP's 5-Year ROIIC % or its related term are showing as below:

BSM's 5-Year ROIIC % is ranked worse than
66.17% of 1005 companies
in the Oil & Gas industry
Industry Median: 2.71 vs BSM: -5.60

Black Stone Minerals LP 5-Year ROIIC % Historical Data

The historical data trend for Black Stone Minerals LP's 5-Year ROIIC % 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.

* Premium members only.

Black Stone Minerals LP 5-Year ROIIC % Chart

Black Stone Minerals LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.29 24.03 192.73 -162.80 -5.60

Black Stone Minerals LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
5-Year ROIIC % 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 -162.80 - - - -5.60

Competitive Comparison of Black Stone Minerals LP's 5-Year ROIIC %

For the Oil & Gas E&P subindustry, Black Stone Minerals LP's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % 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 5-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Black Stone Minerals LP's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Black Stone Minerals LP's 5-Year ROIIC % falls into.



Black Stone Minerals LP 5-Year ROIIC % Calculation

Black Stone Minerals LP's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 332.406 (Dec. 2023) - 303.547 (Dec. 2018) )/( 1181.37 (Dec. 2023) - 1696.581 (Dec. 2018) )
=28.859/-515.211
=-5.60%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Black Stone Minerals LP  (NYSE:BSM) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Black Stone Minerals LP 5-Year ROIIC % Related Terms

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Black Stone Minerals LP (Black Stone Minerals LP) Business Description

Traded in Other Exchanges
N/A
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 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.
Executives
Carter Thomas L Jr officer: President, CEO, and Chairman 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
D Mark Dewalch director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
James Whitehead director 1001 FANNIN ST, SUITE 2020, HOUSTON TX 77006
Luke Stevens Putman officer: See Remarks 601 JEFFERSON, SUITE 3600, HOUSTON TX 77002
Evan Montgomery Kiefer officer: Interim CFO & Treasurer 1001 FANNIN ST, SUITE 2020, HOUSTON TX 77002
Dawn Smajstrla officer: VP, Chief Accounting Officer 801 LOUISIANA, STE 700, HOUSTON X1 77479
Jeffrey P. Wood officer: SVP, CFO EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968
Carrie Pearson Clark officer: SVP, Land and Legal 825 TOWN & COUNTRY LANE, SUITE 1100, HOUSTON TX 77024
William N. Mathis director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
Holbrook F Dorn officer: See Remarks C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
Brock Morris officer: See Remarks 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
Alexander D. Stuart director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
William E. Randall director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
Ricky J. Haeflinger director C/O BLACK STONE MINERALS, L.P., 1001 FANNIN STREET, SUITE 2020, HOUSTON TX 77002
William G Bardel director C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652

Black Stone Minerals LP (Black Stone Minerals LP) Headlines

From GuruFocus

Black Stone Minerals Lp (BSM) President, CFO Jeffrey P. Wood Sold $525,500 of Shares

By GuruFocus Research GuruFocus Editor 05-11-2021