Black Stone Minerals, L.P.

Stage 2 · Advancing · week 15

As of Oct 22, 2026, Black Stone Minerals is in Stage 2, the uptrend phase, now in week 15 (since Jul 15, 2026). It closed at $14.71, 3.0% below its 52-week high and above its 200-day average, which is rising.

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. More about the company

$14.71

-0.94% today

$3.1B · Mid cap

Market Neutral — Building

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

—

Momentum

Steady

Edge

—

Setup-score rank among Stage 2 peers: #1 of 44 in Oil & Gas E&P · #1 of 120 in Energy

Is BSM early, or has it already run? Pro answers that for every US stock we cover, after every close.

Get Pro · $19 a month

Renews monthly until you cancel. Cancel any time in Plan & billing.

Loading price chart…

Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 18w

S4 18w

S2 22w

S2 14w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 18w → S3 8w → S4 7w → S1 7w → S2 9w → S3 1w → S4 11w → S1 4w → S2 6w → S4 1w → S3 2w → S2 3w → S4 1w → S3 2w → S2 7w → S3 5w → S4 18w → S1 7w → S2 22w → S3 11w → S2 14w current

Total tracked: 164 weeks across 21 stage runs.

BSM among Oil & Gas E&P41st of 74 by relative strength

All 74 →

Stocks in Oil & Gas E&P ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	GTEGran Tierra Energy Inc.	Stage 2 · wk 9	98	+13.8%
2	BTEBaytex Energy Corp	Stage 2 · wk 7	97	+16.2%
3	APAAPA Corporation	Stage 2 · wk 10	96	+13.7%
4	OBEObsidian Energy Ltd.	Stage 2 · wk 8	95	+3.2%
5	CRTCross Timbers Royalty Trust	Stage 2 · wk 8	95	+15.6%
6	REPXRiley Exploration Permian, Inc.	Stage 2 · wk 8	95	+24.4%
7	PRPermian Resources Corporation Class A	Stage 2 · wk 11	95	+12.5%
8	SMSM Energy Company	Stage 2 · wk 9	94	+12.0%
…41	BSMBlack Stone Minerals, L.P.	Stage 2 · wk 15	73	+1.0%

vs 52W High

-3.0%

$11.77 lo$15.17 hi

3.0% below 52W high, pullback range

How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.

Stage Maturity

Week 15

1w13w26w

Week 15, proven structure

How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.

vs 200 DMA

4.5%

200 DMA: $14.07 · rising

Long-term trend anchor. When the stock and the S&P 500 are both above their 200-day averages, the backdrop supports continuation.

Rel Volume

1.59x

vs 50-day avg

Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.

Trend Health

→

Short-term trend flat

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+1.0%

+2.7%

+7.1%

YTD

+16.2%

+25.7%

Scan Membership

Breakout Watch

Latest: 2025-03-04

10 appearances in last 60 days. First seen: 2018-10-16.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S2

Wk 15 · Vol 1.59x

2026-10-21S2

Wk 14 · Vol 1.62x

2026-10-20S2

Wk 14 · Vol 1.34x

2026-10-19S2

Wk 14 · Vol 1.09x

2026-10-16S2

Wk 14 · Vol 1.60x

2026-10-15S2

Wk 14 · Vol 0.77x

2026-10-14S2

Wk 13 · Vol 1.20x

2026-10-13S2

Wk 13 · Vol 0.87x

2026-10-12S2

Wk 13 · Vol 1.68x

2026-10-09S2

Wk 13 · Vol 0.56x

2026-10-08S2

Wk 13 · Vol 0.65x

2026-10-07S2

Wk 12 · Vol 0.51x

Moving averages & range

50 DMA

$14.74

200 DMA

$14.07

52W High

$15.17

52W Low

$11.77

5D Low

$14.71

Resistance levels (recent highs)

20d High

$15.03

60d High

$15.17

120d High

$15.17

250d High

$15.17

Next resistance

+2.2%

to 20d High

P/E (TTM)

12.3

Forward 12.9

Earnings Growth (YoY)

-12.0%

Revenue +13.2%

ROE

+25.6%

Profit margin +66.9%

Dividend Yield

8.36%

P/B 3.8

Black Stone Minerals: quick answers

What stage is Black Stone Minerals in?

As of Oct 22, 2026, Black Stone Minerals (BSM) is in Stage 2, the uptrend phase. It entered Stage 2 on Jul 15, 2026 and is in week 15. What the four stages mean

Is Black Stone Minerals in an uptrend?

Yes. Black Stone Minerals is in a Stage 2 uptrend. It trades 4.5% above its 200-day average, which is rising.

How far is Black Stone Minerals from its 52-week high?

Black Stone Minerals closed at $14.71 on Oct 22, 2026, 3.0% below its 52-week high of $15.17. Its 52-week low is $11.77.

How has Black Stone Minerals performed over the past year?

As of Oct 22, 2026, Black Stone Minerals is up 25.7% over the past year and up 16.2% so far in 2026.

Which sector and industry is Black Stone Minerals in?

Black Stone Minerals is in the Oil & Gas E&P industry, part of the Energy sector.

About this companyEnergy· Oil & Gas E&P

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.9 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.