Dorchester Minerals, L.P. (DMLP)
Market Cap | 1.63B |
Revenue (ttm) | 166.45M |
Net Income (ttm) | 111.00M |
Shares Out | 47.34M |
EPS (ttm) | 2.78 |
PE Ratio | 12.30 |
Forward PE | n/a |
Dividend | $3.98 (11.69%) |
Ex-Dividend Date | Oct 28, 2024 |
Volume | 31,018 |
Open | 34.23 |
Previous Close | 34.25 |
Day's Range | 34.00 - 34.65 |
52-Week Range | 28.41 - 35.74 |
Beta | 1.07 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 31, 2024 |
About DMLP
Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 593 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership. Dorchester Minerals Management LP serves as the general partner of Dorchester Minerals, L.P. The company was fo... [Read more]
Financial Performance
In 2023, Dorchester Minerals's revenue was $158.02 million, a decrease of -3.77% compared to the previous year's $164.22 million. Earnings were $110.39 million, a decrease of -12.47%.
Financial StatementsNews
Dorchester Minerals, L.P. Announces Third Quarter Results
DALLAS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended September 30, 2024 of $36,413,0...
Dorchester Minerals, L.P. Announces Its Third Quarter Distribution
DALLAS, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's third quarter 2024 cash distribution. The distribution of $0.995785 per common unit ...
Dorchester Minerals, L.P. Announces Appointment of Manager to Board of Managers
DALLAS, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that Mr. F. Damon Box has been appointed to the board of managers of the general p...
Dorchester Minerals' High-Yield Appeal With Major Acquisitions In The Current Energy Market
Dorchester Minerals is a Master Limited Partnership that earns a steady income from oil and gas royalties, with a compelling yield for conservative income investors. Recent acquisitions of 14,529 acre...
Dorchester Minerals, L.P. Announces Two Acquisitions of Mineral, Royalty and Overriding Royalty Interests
DALLAS, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today it has completed two previously announced acquisitions of mineral, royalty and ov...
Dorchester Minerals, L.P. Announces Two Agreements to Acquire Mineral, Royalty and Overriding Royalty Interests
DALLAS, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that it has entered into two separate agreements to acquire mineral, royalty and ...
Dorchester Minerals: Units Become More Attractive In A Lower Interest Rate Environment
Dorchester's Q2 2024 oil sales volumes rebounded by 7% from Q1 2024. Dorchester's distribution for Q2 2024 ended up at slightly over $0.70 per unit. Its Q3 and Q4 distributions should average around $...
Dorchester Minerals LP: 9% Yield Vs. Energy Royalty Peers
Energy royalty trusts offer high-yield income on crude oil, natural gas and natural gas liquids. Dorchester Minerals, L.P. operates similarly to energy trusts, collecting royalties and paying out 100%...
Dorchester Minerals, L.P. Announces Second Quarter Results
DALLAS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended June 30, 2024 of $23,628,000, o...
Dorchester Minerals, L.P. Announces Its Second Quarter Distribution
DALLAS, July 18, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's second quarter 2024 cash distribution. The distribution of $0.702058 per common unit...
Dorchester Minerals: 10% Yield On Energy Royalties, Plus Peers
Dorchester Minerals, L.P. operates similarly to energy trusts, collecting royalties and paying out 100% of its net income to unitholders. DMLP owns properties in 28 states, with oil providing 77% of i...
Dorchester Minerals, L.P. Announces First Quarter Results
DALLAS, May 02, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended March 31, 2024 of $18,167,000, o...
Dorchester Minerals, L.P. Announces Its First Quarter Distribution
DALLAS, April 18, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's first quarter 2024 cash distribution. The distribution of $0.781837 per common unit...
Dorchester Minerals: Forward Yield Is Estimated At 10%
Dorchester Minerals, L.P.'s sales volumes dipped slightly in Q4 2023 compared to Q3 2023.
Dorchester Minerals, L.P. Announces 2023 Results
DALLAS, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the year ended December 31, 2023 of $114,117,000 ...
Dorchester Minerals: A Buy For Dividend Investors With A 13% Yield
Dorchester Minerals, L.P. is a Master Limited Partnership that owns oil and natural gas properties and earns steady income without incurring operational costs. DMLP has expanded its asset base through...
Dorchester Minerals: Royalty Trust, 13% Yield
Dorchester Minerals LP is an energy trust that leases out land to energy producers in exchange for royalties. DMLP owns properties in 28 states and can acquire new properties to increase its reserves....
Dorchester Minerals, L.P. Announces Its Fourth Quarter Distribution
DALLAS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's fourth quarter 2023 cash distribution. The distribution of $1.007874 per common unit...
Dorchester Minerals, L.P. Announces Retirement of James E.
DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that it received notification that Mr. James E. Raley, an appointed manager of the...
It's Raining Dividends With These 2 Amazing Picks
The markets may be noisy, but global dividends continue to quietly hit record payouts. This simply validates the Income Method. Cash flow never lies and our income stream never dries. We discuss two p...
Dorchester Minerals, L.P. Announces Consummation of Midland Basin Lease Transaction
DALLAS, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the successful consummation of a notable lease transaction in the Midland Basin.
Dorchester Minerals, L.P. Completes Acquisition of Mineral and Royalty Interests
DALLAS, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that it completed an acquisition of mineral and royalty interests totaling approx...
Dorchester Minerals: Now Undervalued After Recent Unit Price Pullback
Dorchester Minerals, L.P.'s proposed partnership agreement amendment would not allow it to make significantly larger acquisitions that it is currently allowed to do. The amendment would give it more f...
4 Excellent Oil Companies For Your High Dividend Income Portfolio
The energy sector has been in near-term lows for some time now, and has rebounded well, however there is still plenty of opportunity for income investors. Combined, these stocks represent all of the o...
July Fireworks: Nifty-60 Divvy Dogs
Months ago, I first queried YCharts for U.S. dividend stocks yielding greater than 5% annually and solely pegged “attractive” in Y-ratings (ranging from “not-rated” to “avoid,” “neutral,” or “attracti...