Performance analysis of Black Stone Minerals L.P. (BSM)
Annual Return
Over the past 3 years, BSM has had an average annual return of +5.30%, underperforming the benchmark SPY, which returned +19.62% annual.
Over the past 5 years, BSM has had an average annual return of +18.04%, outperforming the benchmark SPY, which returned +12.73% annual.
Over the past 10 years, BSM has had an average annual return of +8.59%, underperforming the benchmark SPY, which returned +15.04% annual.
Since May 1, 2015, BSM has had an average annual return of +6.76%, underperforming the benchmark SPY, which returned +13.83% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +12.88% | +0.48% | +1.50% | +6.15% | +80.97% | +67.55% | -42.82% | -9.50% | -7.05% | +2.48% | +39.99% | -18.50% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +11.14% | +4.30% | +0.13% | -5.29% | -3.17% | +3.02% | +2.93% | +12.88% | |||||
| 2025 | -0.82% | +5.91% | +2.07% | -7.60% | -2.76% | -2.02% | -4.20% | -0.58% | +8.06% | +0.38% | +8.79% | -5.28% | +0.48% |
| 2024 | +2.76% | -4.26% | +4.92% | -0.19% | +3.33% | -2.73% | -4.02% | +1.81% | +1.21% | -2.25% | +7.78% | -5.93% | +1.50% |
| 2023 | -3.49% | -1.65% | +0.90% | +5.42% | -4.05% | +3.64% | +11.22% | +0.56% | -0.69% | +4.47% | +0.20% | -9.06% | +6.15% |
| 2022 | +10.45% | +7.87% | +11.89% | +17.68% | +4.53% | -15.07% | +13.81% | +4.08% | -0.77% | +17.38% | +4.68% | -10.03% | +80.97% |
| 2021 | +27.70% | +6.57% | -2.35% | +17.78% | -1.91% | +8.58% | -0.93% | -3.86% | +20.49% | +3.82% | -8.71% | -7.60% | +67.55% |
| 2020 | -21.07% | -9.21% | -47.12% | +30.35% | +5.33% | +2.52% | +7.85% | +1.80% | -12.17% | -1.46% | +18.58% | -4.86% | -42.82% |
| 2019 | +9.43% | +7.49% | -1.12% | +2.78% | -8.02% | -5.08% | -3.23% | -2.53% | +0% | -8.22% | -6.54% | +7.16% | -9.50% |
| 2018 | +2.34% | -5.02% | -3.44% | +7.32% | +4.23% | +1.60% | -7.25% | +9.96% | -1.67% | -6.43% | +0.49% | -7.58% | -7.05% |
| 2017 | -1.28% | -4.00% | -5.76% | -3.34% | +4.11% | -3.49% | +5.52% | +5.57% | +0.64% | +4.26% | +1.18% | -0.11% | +2.48% |
Drawdown analysis of Black Stone Minerals L.P. (BSM)
The maximum drawdown for the BSM was -75.55%, occurring on Mar 19, 2020. Recovery took 519 trading sessions.
The current BSM drawdown is -4.76%.
Since May 1, 2015 BSM has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 2 times
- 20% or more: 5 times
- 10% or more: 9 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -75.55% | May 7, 2019 | 219 | Mar 19, 2020 | 519 | Apr 8, 2022 | 738 |
| -39.06% | May 1, 2015 | 196 | Feb 10, 2016 | 143 | Sep 2, 2016 | 339 |
| -25.31% | Nov 8, 2022 | 86 | Mar 15, 2023 | 124 | Sep 12, 2023 | 210 |
| -23.22% | Jun 8, 2022 | 18 | Jul 6, 2022 | 64 | Oct 5, 2022 | 82 |
| -21.49% | Nov 3, 2023 | 426 | Jul 21, 2025 | 97 | Dec 5, 2025 | 523 |
| -18.51% | Dec 21, 2016 | 91 | May 4, 2017 | 152 | Dec 8, 2017 | 243 |
| -16.57% | Sep 11, 2018 | 78 | Jan 3, 2019 | 33 | Feb 21, 2019 | 111 |
| -13.40% | Mar 5, 2026 | 44 | May 7, 2026 | Ongoing | Ongoing | Ongoing |
| -11.35% | Jan 12, 2018 | 51 | Mar 28, 2018 | 29 | May 9, 2018 | 80 |
| -9.80% | Sep 15, 2016 | 8 | Sep 27, 2016 | 38 | Nov 18, 2016 | 46 |
| -9.78% | Dec 5, 2025 | 17 | Dec 31, 2025 | 17 | Jan 27, 2026 | 34 |
| -8.78% | Jun 25, 2018 | 25 | Jul 31, 2018 | 8 | Aug 10, 2018 | 33 |
| -8.74% | Apr 28, 2022 | 7 | May 9, 2022 | 13 | May 26, 2022 | 20 |
| -6.20% | Apr 18, 2022 | 5 | Apr 25, 2022 | 2 | Apr 27, 2022 | 7 |
| -5.10% | Feb 25, 2019 | 11 | Mar 12, 2019 | 28 | Apr 22, 2019 | 39 |
| -4.76% | Dec 8, 2017 | 7 | Dec 19, 2017 | 4 | Dec 26, 2017 | 11 |
| -3.60% | May 21, 2018 | 11 | Jun 6, 2018 | 1 | Jun 7, 2018 | 12 |
| -3.42% | Dec 5, 2016 | 4 | Dec 9, 2016 | 5 | Dec 16, 2016 | 9 |
| -3.22% | Sep 12, 2023 | 16 | Oct 4, 2023 | 7 | Oct 13, 2023 | 23 |
| -3.21% | Jun 7, 2018 | 6 | Jun 15, 2018 | 6 | Jun 25, 2018 | 12 |
| -3.07% | Jan 28, 2026 | 3 | Feb 2, 2026 | 4 | Feb 6, 2026 | 7 |
| -2.86% | Oct 13, 2022 | 2 | Oct 17, 2022 | 2 | Oct 19, 2022 | 4 |
| -2.65% | Nov 28, 2016 | 1 | Nov 29, 2016 | 3 | Dec 2, 2016 | 4 |
| -2.61% | Sep 12, 2016 | 1 | Sep 13, 2016 | 2 | Sep 15, 2016 | 3 |
| -2.56% | Feb 24, 2026 | 2 | Feb 26, 2026 | 5 | Mar 5, 2026 | 7 |