WallStSmart

Black Stone Minerals LP (BSM)vsChevron Corp (CVX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Chevron Corp generates 45184% more annual revenue ($185.74B vs $410.17M). BSM leads profitability with a 72.5% profit margin vs 5.9%. CVX appears more attractively valued with a PEG of 0.76. BSM earns a higher WallStSmart Score of 55/100 (C-).

BSM

Buy

55

out of 100

Grade: C-

Growth: 3.3Profit: 8.5Value: 5.3Quality: 6.8
Piotroski: 3/9

CVX

Buy

54

out of 100

Grade: C-

Growth: 2.7Profit: 5.0Value: 4.7Quality: 6.5
Piotroski: 3/9Altman Z: 2.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BSMSignificantly Overvalued (-58.7%)

Margin of Safety

-58.7%

Fair Value

$9.58

Current Price

$13.86

$4.28 premium

UndervaluedFair: $9.58Overvalued
CVXSignificantly Overvalued (-78.5%)

Margin of Safety

-78.5%

Fair Value

$97.25

Current Price

$171.58

$74.33 premium

UndervaluedFair: $97.25Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BSM4 strengths · Avg: 9.5/10
P/E RatioValuation
11.0x10/10

Attractively priced relative to earnings

Profit MarginProfitability
72.5%10/10

Keeps 73 of every $100 in revenue as profit

Return on EquityProfitability
27.8%9/10

Every $100 of equity generates 28 in profit

Debt/EquityHealth
0.179/10

Conservative balance sheet, low leverage

CVX4 strengths · Avg: 8.8/10
Market CapQuality
$359.28B10/10

Mega-cap, among the largest globally

Debt/EquityHealth
0.259/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.768/10

Growing faster than its price suggests

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Areas to Watch

BSM3 concerns · Avg: 3.0/10
PEG RatioValuation
1.734/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-30.5%2/10

Earnings declined 30.5%

CVX4 concerns · Avg: 3.5/10
P/E RatioValuation
31.4x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
2.3%4/10

2.3% revenue growth

Return on EquityProfitability
6.0%3/10

ROE of 6.0% — below average capital efficiency

Profit MarginProfitability
5.9%3/10

5.9% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : BSM

The strongest argument for BSM centers on P/E Ratio, Profit Margin, Return on Equity. Profitability is solid with margins at 72.5% and operating margin at 14.2%.

Bull Case : CVX

The strongest argument for CVX centers on Market Cap, Debt/Equity, PEG Ratio. PEG of 0.76 suggests the stock is reasonably priced for its growth.

Bear Case : BSM

The primary concerns for BSM are PEG Ratio, Piotroski F-Score, EPS Growth.

Bear Case : CVX

The primary concerns for CVX are P/E Ratio, Revenue Growth, Return on Equity.

Key Dynamics to Monitor

BSM profiles as a mature stock while CVX is a value play — different risk/reward profiles.

CVX carries more volatility with a beta of 0.47 — expect wider price swings.

BSM is growing revenue faster at 8.5% — sustainability is the question.

BSM generates stronger free cash flow (62M), providing more financial flexibility.

Bottom Line

BSM scores higher overall (55/100 vs 54/100), backed by strong 72.5% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Black Stone Minerals LP

ENERGY · OIL & GAS E&P · USA

Black Stone Minerals, LP, owns and manages oil and natural gas mining interests. The company is headquartered in Houston, Texas.

Chevron Corp

ENERGY · OIL & GAS INTEGRATED · USA

Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.

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