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Black Stone Minerals, L.p. balance sheet

At the end of fiscal 2025, Black Stone Minerals, L.p. had total assets of $1.34bn and total liabilities of $207m. It held $1.5m in cash against $154m of debt: net debt of $153m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents3015131065829470315
Receivables—7441688111378629713682434
Total current assets—135104798815810267108173193799691
Total assets—1,3271,0611,1291,5761,7501,5451,2441,2481,2711,2671,2191,3361,375
Accounts payable—5542453676634
Total current liabilities—99637160653040773126302551
Total debt0394663163884103941218910325154195
Total liabilities—512151403486548448185184615089207282
Net debt (negative = net cash)−3037953306382405386119806−6722153190

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Black Stone Minerals, L.p.'s SEC filings (10-K and 10-Q), retrieved November 3, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Black Stone Minerals, L.p.