Company data
Black Stone Minerals, L.P. employees and revenue per employee
BSM · Oil & Gas Exploration & Production · $3.15B market cap
Black Stone Minerals, L.P. had 122 employees at the end of fiscal Dec 2025, up 8.0% from a year earlier. Revenue for the year was $422M, down 3.9% from a year earlier, or $3.46M per employee. Revenue fell while headcount grew.
Employees
122
+8.0% YoY
Revenue
$422M
-3.9% YoY
Revenue / employee
$3.46M
Peer median $5.45M
Rank in industry
24 of 38
Oil & Gas Exploration & Production
Headcount against revenue
Both lines start at 100 in the first year we hold, so you can see which one grew faster.
Hover a year for the numbers.
| Year ending | Employees | Revenue | Per employee | Staff YoY | Revenue YoY |
|---|---|---|---|---|---|
| Dec 2025 | 122 | $422M | $3.46M | +8.0% | -3.9% |
| Dec 2024 | 113 | $439M | $3.89M | +4.6% | -12.3% |
| Dec 2023 | 108 | $501M | $4.64M | +10.2% | -36.1% |
| Dec 2022 | 98 | $784M | $8.00M | +5.4% | +55.1% |
| Dec 2021 | 93 | $506M | $5.44M | +6.9% | +70.5% |
| Dec 2020 | 87 | $297M | $3.41M | -24.3% | -39.8% |
| Dec 2019 | 115 | $493M | $4.29M | -0.9% | -19.2% |
| Dec 2018 | 116 | $610M | $5.25M | +2.7% | +41.9% |
| Dec 2017 | 113 | $430M | $3.80M | +4.6% | +64.7% |
| Dec 2016 | 108 | $261M | $2.42M | — | — |
Open roles: we have not matched a verified job board for this company yet.
Black Stone Minerals, L.P. against similar companies
The closest industry peers by revenue, from Oil & Gas Exploration & Production.
| Company | Employees | Revenue | Revenue / employee | Shape |
|---|---|---|---|---|
| KRP Kimbell Royalty Partners, LP | 29 | $334M | $11.5M | Efficient growth |
| VTS Vitesse Energy, Inc. | 37 | $274M | $7.41M | Efficient growth |
| TPL Texas Pacific Land Corporation | 114 | $798M | $7.00M | Efficient growth |
| BSM Black Stone Minerals, L.P. | 122 | $422M | $3.46M | Hiring into decline |
| REPX Riley Exploration Permian, Inc. | 122 | $392M | $3.21M | Hiring into decline |
| PNRG PrimeEnergy Resources Corporation | 67 | $186M | $2.77M | Contracting |
| BKV BKV Corporation | 452 | $896M | $1.98M | Efficient growth |
| TXO TXO Partners, L.P. | 224 | $411M | $1.84M | Efficient growth |
| EGY VAALCO Energy, Inc. | 281 | $359M | $1.28M | Hiring into decline |
Questions about Black Stone Minerals, L.P.
- How many employees does Black Stone Minerals, L.P. have?
- Black Stone Minerals, L.P. reported 122 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 24, 2026. That is up 8.0% from a year earlier.
- What is Black Stone Minerals, L.P.'s revenue per employee?
- Black Stone Minerals, L.P. brought in $422M of revenue in fiscal Dec 2025, which is $3.46M per employee. That ranks 24 of 38 companies we track in Oil & Gas Exploration & Production, where the median is $5.45M.
- Where do these numbers come from?
- Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.
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Source: employee counts and revenue as stated in Black Stone Minerals, L.P.'s annual reports (Form 10-K), latest filed February 24, 2026. This is data, not a recommendation to buy or sell BSM.