Is BSM or CRC more undervalued in 2026?

CirclFi compares Black Stone Minerals, L.P. (BSM) and California Resources Corporatio (CRC) using 13 institutional-grade valuation models. BSM has a Quality of Company score of 8.3/10 while CRC scores 6.5/10.

Which is a better buy — BSM or CRC?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do BSM and CRC valuations compare?

BSM at $13.56 and CRC at $59.29 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

BSM vs CRC Valuation Comparison 2026 — Intrinsic Value Analysis

BSM

Crude Petroleum & Natural Gas

Black Stone Minerals, L.P.

Quality

8.3

out of 10

Value Trap

SAFE

Price

$13.56

Last close

Models

13/13

Active

CRC

Crude Petroleum & Natural Gas

California Resources Corporatio

Quality

6.5

out of 10

Value Trap

SAFE

Price

$59.29

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	BSM Fair Value	BSM Upside	CRC Fair Value	CRC Upside
Bayesian DCF	Intrinsic	$15.24	+12.4%	$35.06	-40.9%
Earnings Power Value	Intrinsic	$9.68	-28.6%	$43.69	-37.7%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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BSM vs CRC — Which Stock Is More Undervalued?

BSM scores higher with a 8.3/10 quality rating vs CRC's 6.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Black Stone Minerals, L.P. (BSM) and California Resources Corporatio (CRC) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

BSM currently trades at $13.56 with a QOC of 8.3/10, while CRC trades at $59.29 with a QOC of 6.5/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).