Black Stone Minerals L.P. (BSM) vs Mach Natural Resources (MNR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Black Stone Minerals L.P. (BSM) has outperformed Mach Natural Resources (MNR) over the past year, gaining 8.7% versus a loss of 18.8%. Black Stone Minerals L.P. is the larger company by market cap ($3.15 billion vs $1.79 billion), about 1.8 times the size. On valuation, Mach Natural Resources trades at a lower forward P/E (8.2x vs 13.1x for Black Stone Minerals L.P.).
Mach Natural Resources offers the higher dividend yield (16.77% vs 8.25%).
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 | MNR |
|---|---|---|
| Share price | $14.79 | $10.74 |
| Market cap | $3.15B | $1.79B |
| 1-day change | +1.16% | +0.70% |
| YTD return | +10.46% | -3.44% |
| 1-year return | +8.66% | -18.81% |
| 5-year return | +19.84% | — |
| P/E ratio (TTM) | 12.33 | 17.89 |
| Forward P/E | 13.15 | 8.22 |
| EPS (TTM) | $1.20 | $0.60 |
| Dividend yield | 8.25% | 16.77% |
| Annual dividend | $1.22 | $1.80 |
| 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 | $15.02 |
| 52-week low | $12.32 | $10.15 |
| Distance from 52-week high | -4.52% | -28.53% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +8.18% | +54.91% |
| Average volume | 372.02K | 637.11K |
| Shares outstanding | 212.71M | 166.95M |
| Employees | — | 840 |
| 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
- BSM has outperformed MNR by 27.5 percentage points over the past year.
- Mach Natural Resources trades at a higher earnings multiple (17.9x vs 12.3x trailing P/E).
- Mach Natural Resources offers a meaningfully higher dividend yield (16.77% vs 8.25%).
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 Mach Natural Resources
MNR stock →Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company owns a portfolio of midstream assets, as well as owns gathering systems, processing plants.
Energy · Oil & Gas Production · 840 employees
BSM vs MNR FAQ
Which is bigger, Black Stone Minerals L.P. or Mach Natural Resources?
Black Stone Minerals L.P. (BSM) is larger, with a market capitalization of $3.15B compared with $1.79B for Mach Natural Resources (MNR).
Which stock has performed better over the past year, BSM or MNR?
BSM returned +8.66% over the past 12 months, compared with -18.81% for MNR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BSM or MNR?
BSM has the lower trailing P/E at 12.3, versus 17.9 for MNR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Black Stone Minerals L.P. or Mach Natural Resources?
Mach Natural Resources has the higher yield at 16.77%, compared with 8.25% for Black Stone Minerals L.P..
Are Black Stone Minerals L.P. and Mach Natural Resources in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.