← Black Stone Minerals, L.P.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $14.4m |
$152.1m
+953.85%
|
$274.5m
+80.43%
|
$193.4m
-29.56%
|
$100.8m
-47.86%
|
$161.0m
+59.68%
|
$455.5m
+182.93%
|
$400.8m
-12.01%
|
$241.9m
-39.65%
|
$270.5m
+11.83%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $20.2m | $157.2m | $295.6m | $214.4m | $121.8m | $182.0m | $476.5m | $422.5m | $271.3m | $299.9m | — | |
| Depreciation, Depletion and Amortization | $102.5m | $114.5m | $122.7m | $109.6m | $82.0m | $61.0m | $47.8m | $45.7m | $45.2m | $36.9m | $94.4m | |
| Amortization of Debt Issuance Costs | $900k | $900k | $900k | $1.0m | $1.0m | $1.6m | $2.0m | $1.0m | $1.1m | $1.1m | — | |
| Amortization of Deferred Charges | $871k | $877k | $905k | $1.0m | $1.0m | $1.6m | $2.0m | $1.0m | $1.1m | $1.1m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $47.8m | $45.7m | $45.2m | $36.9m | $94.4m | |
| Share-based Payment Arrangement, Noncash Expense | $43.1m | $33.0m | $30.1m | $20.5m | $3.7m | $12.2m | $17.4m | $10.8m | $8.6m | $9.6m | $10.6m | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Nonoperating Income (Expense) | ($7.3m) | ($14.9m) | ($22.8m) | ($20.8m) | ($10.3m) | ($5.3m) | ($6.0m) | ($1.0m) | ($1.8m) | ($8.5m) | — | |
| Other Nonoperating Income (Expense) | ($390k) | $714k | ($2.2m) | $472k | $83k | $299k | $215k | ($160k) | ($337k) | $229k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($36.5m) | $48.8m | $11.5m | ($1.4m) | $9.3m | |
| Increase (Decrease) in Accounts Receivable | $29.8m | $6.1m | $31.5m | ($35.0m) | ($16.5m) | $34.9m | $39.5m | ($53.1m) | ($11.2m) | — | $9.0m | |
| Change In Receivables | — | — | — | — | — | — | ($39.5m) | $53.1m | $11.2m | $5.5m | $9.0m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($39.5m) | $53.1m | $11.2m | $5.5m | $9.0m | |
| Net Cash Provided by (Used in) Operating Activities | $196.7m |
$281.9m
+43.32%
|
$385.4m
+36.73%
|
$412.7m
+7.09%
|
$281.8m
-31.72%
|
$256.9m
-8.85%
|
$425.0m
+65.44%
|
$521.3m
+22.65%
|
$389.0m
-25.36%
|
$310.2m
-20.27%
|
$320.4m
+3.29%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $4.8m | $931k | $3k | $0 | $24.0m | $2.9m | $17k | $73k | $0 | $0 | ($13.1m) | |
| Capital Expenditure | — | — | — | — | — | — | ($12.6m) | ($19.8m) | ($115.0m) | ($119.1m) | ($128.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($221.5m) | ($454.2m) | ($163.8m) | ($48.6m) | $151.2m | ($14.3m) | ($1.2m) | ($19.7m) | ($112.2m) | ($118.3m) | ($128.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $339.0m | $64.0m | $97.0m | $373.0m | $373.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $339.0m | $64.0m | $97.0m | $373.0m | $373.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($418.0m) | ($74.0m) | ($72.0m) | ($244.0m) | ($276.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($79.0m) | ($10.0m) | $25.0m | $129.0m | $97.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($79.0m) | ($10.0m) | $25.0m | $129.0m | $97.0m | |
| Repayment Of Debt | — | — | — | — | — | — | ($418.0m) | ($74.0m) | ($72.0m) | ($244.0m) | ($276.0m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($322.4m) | ($398.8m) | ($336.9m) | ($285.7m) | ($254.6m) | |
| Common Stock Payments | — | — | — | — | — | — | ($3.0m) | ($5.5m) | ($4.4m) | ($3.8m) | ($2.8m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($3.0m) | ($5.5m) | ($4.4m) | ($3.8m) | ($2.8m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($3.0m) | ($5.5m) | ($4.4m) | ($3.8m) | ($2.8m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($343.4m) | ($419.8m) | ($365.1m) | ($315.1m) | ($284.0m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($21.0m) | ($21.0m) | ($28.1m) | ($29.5m) | ($29.5m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($2.9m) | ($216k) | ($64k) | ($3.0m) | ($3.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $21.4m |
$168.3m
+685.38%
|
($221.8m)
-231.82%
|
($361.4m)
-62.93%
|
($439.4m)
-21.58%
|
($235.5m)
+46.41%
|
($428.3m)
-81.90%
|
($435.5m)
-1.68%
|
($344.6m)
+20.89%
|
($192.9m)
+44.01%
|
($192.9m)
+0.04%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | $7.1m | ($4.6m) | $66.0m | ($67.8m) | ($1.0m) | $11.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $8.9m | $4.3m | $70.3m | $2.5m | $2.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $8.1m | $1.8m | $8.9m | $4.3m | $70.3m | $2.5m | $1.5m | $11.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $6.5m | $14.8m | $19.8m | $20.5m | $9.4m | $4.0m | $4.3m | $1.7m | $2.0m | $7.4m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $892k | $1.0m | $1.1m | $1.1m | $1.1m | $1.1m | $861k | $1.0m | $1.3m | $1.4m | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($36.5m) | $26.9m | $14.8m | ($5.0m) | $46.1m | ($146.5m) | ($120.7m) | $91.1m | ($5.7m) | $47.6m | — | |
| General and Administrative Expense | $73.1m | $77.6m | $76.7m | $63.4m | $43.0m | $48.7m | $53.7m | $51.5m | $52.1m | $55.5m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $3.1m | $8.9m | — | |
| Investment Income, Interest | $656k | $49k | $183k | $159k | $35k | $1k | $53k | $1.9m | $1.7m | — | — | |
| Operating Expenses | $233.4m | $257.6m | $291.2m | $252.6m | $210.6m | $171.9m | $181.1m | $168.6m | $160.6m | $161.5m | — | |
| Operating Lease, Expense | — | — | $18.4m | $17.7m | $14.0m | $13.1m | $12.4m | $11.4m | $9.7m | $10.1m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($428.3m) | ($435.5m) | ($344.6m) | ($192.9m) | ($192.9m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.2m) | ($19.7m) | ($112.2m) | ($118.3m) | ($128.4m) | |
| Change In Account Payable | — | — | — | — | — | — | $3.0m | ($3.8m) | $1.0m | ($286k) | ($2.0m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($4.6m) | $66.0m | ($67.8m) | ($1.0m) | — | |
| Change In Payable | — | — | — | — | — | — | $3.0m | ($3.8m) | $1.0m | ($286k) | ($2.0m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | $51k | ($414k) | ($789k) | ($6.6m) | $2.3m | |
| Changes In Cash | — | — | — | — | — | — | ($4.6m) | $66.0m | ($67.8m) | ($1.0m) | $9.2m | |
| End Cash Position | — | — | — | — | — | — | $4.3m | $70.3m | $2.5m | $1.5m | $11.6m | |
| Financing Cash Flow | — | — | — | — | — | — | ($428.3m) |
($435.5m)
-1.68%
|
($344.6m)
+20.89%
|
($192.9m)
+44.01%
|
($192.9m)
+0.04%
|
|
| Free Cash Flow | — | — | — | — | — | — | $412.4m | $501.4m | $274.0m | $191.1m | $191.5m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $120.7m | ($91.1m) | $5.7m | ($47.6m) | ($13.1m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.2m) | ($19.7m) | ($112.2m) | ($118.3m) | ($128.4m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($1.2m) | ($19.7m) | ($112.2m) | ($118.3m) | ($128.4m) | |
| Operating Gains Losses | — | — | — | — | — | — | $120.7m | ($91.2m) | $5.7m | ($47.6m) | ($13.1m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($200.9m) | $84.6m | $46.7m | $12.7m | — | |
| Purchase Of PPE | — | — | — | — | — | — | ($12.6m) | ($19.8m) | ($115.0m) | ($119.1m) | ($128.9m) | |
| Sale Of PPE | — | — | — | — | — | — | $11.3m | $73k | $2.8m | $834k | $555k | |
| Stock Based Compensation | — | — | — | — | — | — | $17.4m | $10.8m | $8.6m | $9.6m | $10.6m |