Black Stone Minerals L.P. risk profile

32 Normal where most of the sector sits

Measured 1 September 2026 from BSM's filed statements. Recomputed nightly.

32 (Normal), driven by Competitive position at 44, over 5 weighted categories on the MANUFACTURER profile.

What is measured

Mechanism	Reading	Band	Direction	Driver
Market expectation	22	Normal	Stable	One-year price volatility — 21.3%
Operating pressure	36	Normal	Easing	Input-cost exposure — 0.45
Cash conversion	32	Normal	Worsening	Cash conversion — 1.03x
Leverage and coverage	0	Contained	Stable	Net debt to EBITDA — 0.45x
Competitive position	44	Elevated	Stable	Revenue-growth gap against peers — -60.9 percentage points
Concentration	Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

Energy companies with a risk reading

Exxon Mobil Corp 43 Chevron Corp 42 Conoco Phillips 33 BP p.l.c. 55 Enbridge Inc 43 BP plc 52 Marathon Petroleum Corp 52 Equinor ASA 50 Valero Energy Corp 53 Canadian Natural Resources Ltd 47 Phillips 66 51 Williams Cos Inc 40

Financials, valuation and price history for Black Stone Minerals L.P.