Top 10 Oil & Gas E&P Stocks Outperforming Despite Sinking Oil Prices

6. Black Stone Minerals, L.P. (NYSE:BSM)

Black Stone Minerals, L.P. operates and owns natural gas and oil mineral interests. The company owns non-participating royalty interests in 1.8 million gross acres, mineral interests in approximately 16.8 million gross acres, and overriding royalty interests in 1.6 million gross acres. The stock’s share price continues to gain upward momentum, surging 3.51% in the last week.

2024 proved to be a challenging year for the company. Due to lower natural gas prices, natural gas volumes went down. As a result, the distribution was cut by 21%. Consequently, the company’s most recent quarter’s revenue came in lower than estimates.

The firm expects a 2% production increase in 2025 as the company’s business partner (Atheon, one of the larger natural gas producers on BSM acreage) has already bought 11 wells at the beginning of the year. 2025 could be a great year for the company, as the management anticipates natural gas production to rise to 77% of total volumes.