Black Stone Minerals L.P. (BSM) vs Baytex Energy (BTE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Baytex Energy (BTE) has outperformed Black Stone Minerals L.P. (BSM) over the past year, gaining 80.3% versus a gain of 8.7%. Over five years, BTE leads with a +48.7% price change compared with +19.8% for BSM. Baytex Energy is the larger company by market cap ($3.28 billion vs $3.15 billion), about 1.0 times the size.
On valuation, Black Stone Minerals L.P. trades at a lower forward P/E (13.2x vs 16.9x for Baytex Energy). Black Stone Minerals L.P. offers the higher dividend yield (8.24% vs 1.92%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BSM | BTE |
|---|---|---|
| Share price | $14.81 | $4.70 |
| Market cap | $3.15B | $3.28B |
| 1-day change | +1.30% | +2.51% |
| YTD return | +10.46% | +41.80% |
| 1-year return | +8.66% | +80.31% |
| 5-year return | +19.84% | +48.70% |
| P/E ratio (TTM) | 12.34 | — |
| Forward P/E | 13.16 | 16.94 |
| EPS (TTM) | $1.20 | $-0.38 |
| Dividend yield | 8.24% | 1.92% |
| Annual dividend | $1.22 | $0.09 |
| Revenue (latest FY) | $469.92M | — |
| Revenue growth (YoY) | +8.35% | — |
| Net income (latest FY) | $299.93M | — |
| Operating margin | 65.63% | — |
| Net margin | 63.83% | — |
| 52-week high | $15.49 | $5.36 |
| 52-week low | $12.32 | $2.18 |
| Distance from 52-week high | -4.39% | -12.41% |
| Analyst consensus | none | buy |
| Avg. price target upside | +8.04% | +41.85% |
| Average volume | 372.02K | 16.69M |
| Shares outstanding | 212.71M | 699.20M |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BTE has outperformed BSM by 71.7 percentage points over the past year.
- Black Stone Minerals L.P. offers a meaningfully higher dividend yield (8.24% vs 1.92%).
About Black Stone Minerals L.P.
BSM stock →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.
Energy · Oil & Gas Production
About Baytex Energy
BTE stock →Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin. It offers light oil and condensate, heavy oil, natural gas liquids, and natural gas.
Energy · Oil & Gas Production
BSM vs BTE FAQ
Which is bigger, Black Stone Minerals L.P. or Baytex Energy?
Baytex Energy (BTE) is larger, with a market capitalization of $3.28B compared with $3.15B for Black Stone Minerals L.P. (BSM).
Which stock has performed better over the past year, BSM or BTE?
BTE returned +80.31% over the past 12 months, compared with +8.66% for BSM (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Black Stone Minerals L.P. or Baytex Energy?
Black Stone Minerals L.P. has the higher yield at 8.24%, compared with 1.92% for Baytex Energy.
Are Black Stone Minerals L.P. and Baytex Energy in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.