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Black Stone Minerals, L.P. (BSM, Oil & Gas Exploration & Production) Stock Valuation & Fair Value High quality, attractively priced for its growth

Black Stone Minerals, L.P. (BSM, Oil & Gas Exploration & Production) trades at a blended P/E of 13.4, about 6% below its historical normal valuation, with a forward growth estimate of 9.7% and a PEG of 1.38. Analysts' one-year estimates have been hit 20% of the time. Priced at its historical normal P/E of 14.3 on the same blended earnings, the 2026-09-18 close of $14.82 corresponds to about $15.80 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-09-21
Blended P/E
13.4
Normal P/E
14.3
PEG
1.38
Fwd growth
9.7%
Div yield
8.6%
RSI (14)
50.0
Neutral

The Street vs SeerForecast

Wall Street's mean price target for BSM is $16.00 across 1 analysts, 9.9% above the current price. The average analyst rating is Hold. Our SeerForecast read of the same stock, formed without analyst targets: high quality, attractively priced for its growth. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from quality business with a solid forward outlook (2026-07-31) to high quality, attractively priced for its growth (2026-09-21).

Blended P/E and rating by weekBlended P/E moved from 15.5 to 13.4 between 2026-07-31 and 2026-09-21, against a normal P/E of 14.3, with 3 rating changes over 18 recorded weeks.2026-07-31: P/E 15.5, Quality business with a solid forward outlook (recalculated)2026-08-03: P/E 15.7, Quality business with a solid forward outlook2026-08-07: P/E 15.7, Quality business with a solid forward outlook (recalculated)2026-08-10: P/E 14.9, High quality, attractively priced for its growth2026-08-14: P/E 14.9, High quality, attractively priced for its growth (recalculated)2026-08-17: P/E 15.5, Quality business with a solid forward outlook2026-08-21: P/E 15.5, Quality business with a solid forward outlook (recalculated)2026-08-24: P/E 13.3, High quality, attractively priced for its growth2026-08-27: P/E 13.3, High quality, attractively priced for its growth (recalculated)2026-08-28: P/E 13.3, High quality, attractively priced for its growth (recalculated)2026-08-30: P/E 13.3, High quality, attractively priced for its growth (recalculated)2026-08-31: P/E 13.2, High quality, attractively priced for its growth2026-09-05: P/E 13.2, High quality, attractively priced for its growth (recalculated)2026-09-07: P/E 13.2, High quality, attractively priced for its growth2026-09-12: P/E 13.2, High quality, attractively priced for its growth (recalculated)2026-09-14: P/E 13.6, High quality, attractively priced for its growth2026-09-19: P/E 13.6, High quality, attractively priced for its growth (recalculated)2026-09-21: P/E 13.4, High quality, attractively priced for its growth14.015.0Jul 31Aug 13Aug 26Sep 8Sep 21Normal P/E 14.3
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-07-31P/E 15.5+8%Quality business with a solid forward outlook
2026-08-03P/E 15.7+10%Quality business with a solid forward outlook
2026-08-10P/E 14.9+5%High quality, attractively priced for its growth
2026-08-17P/E 15.5+8%Quality business with a solid forward outlook
2026-08-24P/E 13.3-7%High quality, attractively priced for its growth
2026-09-07P/E 13.2-8%High quality, attractively priced for its growth
2026-09-21P/E 13.4-6%High quality, attractively priced for its growth ← now

Frequently asked questions

Is Black Stone Minerals, L.P. stock overvalued?

At a blended P/E of 13.4 versus its historical normal P/E of 14.3, Black Stone Minerals, L.P. trades about 6% below its typical valuation, with a PEG of 1.38 on 9.7% forward growth. tickerseer currently rates it high quality, attractively priced for its growth.

What is Black Stone Minerals, L.P.'s fair value and PEG?

Black Stone Minerals, L.P. trades at a blended P/E of 13.4 against a historical normal P/E of 14.3, a PEG of 1.38, and a forward growth estimate of 9.7%. Priced at its historical normal P/E of 14.3 on the same blended earnings, the 2026-09-18 close of $14.82 corresponds to about $15.80 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Black Stone Minerals, L.P. changed?

tickerseer's rating moved from quality business with a solid forward outlook (2026-07-31) to high quality, attractively priced for its growth (2026-09-21).

What is the analyst price target for Black Stone Minerals, L.P.?

The mean Wall Street price target for Black Stone Minerals, L.P. is $16.00 across 1 analysts, 9.9% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Oil & Gas Exploration & Production. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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