Black Stone Minerals BSM Exploration Expense
Exploration Expense at other companies
Other financials
Where this comes from
Reported directly by Black Stone Minerals in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
The official record: Black Stone Minerals’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Black Stone Minerals's exploration expense?
- Black Stone Minerals (BSM) reported exploration expense of $4.63M in Q1 2026.
- How has Black Stone Minerals's exploration expense changed year-over-year?
- Black Stone Minerals's exploration expense decreased by 9.5% year-over-year, from $5.11M to $4.63M.
- What is the long-term trend for Black Stone Minerals's exploration expense?
- Over 4 years (2021 to 2025), Black Stone Minerals's exploration expense has grown at a 103.7% compound annual growth rate (CAGR), from $1.08M to $18.63M.
- What does exploration expense mean?
- This reflects the costs associated with geological and geophysical activities, as well as the evaluation of potential mineral interests. For a mineral and royalty company, these expenses represent the investment in identifying and assessing new opportunities to expand the asset base. It serves as a key indicator of the company's commitment to future growth through exploration.