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Black Stone Minerals, L.p. vs W&T Offshore

Black Stone Minerals, L.p. and W&T Offshore are similar in size: $470m and $501m of revenue in their latest fiscal years. Black Stone Minerals, L.p. grew faster (8.4% against -4.5%). Black Stone Minerals, L.p. kept more of each dollar of sales as profit: a net margin of 57.6% against -29.9%.

Latest fiscal yearBlack Stone Minerals, L.p.BSM, 2025W&T OffshoreWTI, 2025
Revenue $470m $501m
Revenue growth 8.4% -4.5%
Net income $270m −$150m
Operating margin 65.6% -10.5%
Net margin 57.6% -29.9%
Return on equity — —
Free cash flow $203m $76.5m
Cash $1.5m $141m
Total debt $154m $359m
Debt to equity — —
Dividend per share — —
Dividend yield — 1.1%
Share buybacks — —
Employees — 370
Market value $3.13bn $539m
Price vs our value range Below our value range Within our value range
Moat score 94 (Strong) 51 (Moderate)
Insider trades, 12 months 7 buys, 8 sales 0 buys, 8 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.