Dorchester Minerals Lp Stock Price, News & Analysis

Dorchester Minerals (NASDAQ:DMLP) reported its Q2 2025 financial results, with net income of $12.3 million ($0.25 per common unit), down from $23.6 million ($0.57 per unit) in Q2 2024. Operating revenues reached $32.4 million, compared to $37.4 million in the same quarter last year.

The Partnership declared a Q2 distribution of $0.620216 per common unit, payable on August 14, 2025, to unitholders of record as of August 4, 2025. The company, which owns producing and non-producing oil and natural gas interests across 28 states, notes that cash distributions are not directly comparable to net earnings due to timing and other differences including depletion.

Dorchester Minerals (NASDAQ:DMLP) has declared its second quarter 2025 cash distribution of $0.620216 per common unit, payable on August 14, 2025, to unitholders of record as of August 4, 2025.

The Partnership's Q2 2025 financial highlights include: $26.6 million in Royalty Properties receipts (73% from recent sales), $3.1 million from Net Profits Interest (66% from recent sales), and $4.2 million from lease bonus and other income. The company also announced the availability of its 2024 Schedule K-3 for tax reporting purposes.

Dorchester Minerals operates as an owner of oil and natural gas interests across 28 states, including producing and non-producing mineral, royalty, overriding royalty, net profits, and leasehold interests.

Dorchester Minerals (NASDAQ:DMLP) announced key changes to its Board of Managers. Ron Trout retired as Independent Manager after serving for 17 years, following the conclusion of his term at the 2025 Annual Meeting. The Partnership elected Sarah N. Wariner as his successor, who currently serves as Deputy General Counsel and Senior Vice President, Global Litigation at Jacobs Engineering Group. Prior to this, Wariner held positions at JP Morgan Chase & Co. and Clark Hill PLC.

Dorchester Minerals is a Dallas-based company owning producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests across 28 states. Its common units are traded on the NASDAQ Global Select Market under the symbol DMLP.

Dorchester Minerals (NASDAQ:DMLP) reported its Q1 2025 financial results, with net income of $17.64 million ($0.36 per common unit), compared to $18.17 million ($0.44 per unit) in Q1 2024. Operating revenues increased significantly to $43.16 million, up from $30.98 million in the same period last year.

The Partnership declared a Q1 distribution of $0.725835 per common unit, payable on May 15, 2025, to unitholders of record as of May 5, 2025. The company owns producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests across 28 states.

Dorchester Minerals (NASDAQ:DMLP) has announced its Q1 2025 cash distribution of $0.725835 per common unit, payable on May 15, 2025, to unitholders of record as of May 5, 2025.

The Q1 financial highlights include:

• Royalty Properties cash receipts: $34.2 million (68% from recent sales, 32% from prior periods)
• Net Profits Interest receipts: $4.8 million (74% from recent sales, 26% from prior periods)
• Lease bonus and other income: $0.6 million

The company owns producing and non-producing oil and natural gas interests across 28 states, with its common units trading on the Nasdaq Global Select Market under the symbol DMLP.

Dorchester Minerals (NASDAQ:DMLP) reported net income of $92,449,000 ($2.13 per common unit) for the year ended December 31, 2024. The company's total proved oil and natural gas reserves were estimated at 17.0 million barrels of oil equivalent (mmboe), with 86% attributed to Royalty Properties and 14% to Net Profits Interest. Oil and natural gas liquids represented 65% of proved reserves, all classified as proved developed producing.

The Partnership distributed a total of $141.6 million to common unitholders from May 2024 through February 2025 for 2024 activity. Dorchester Minerals operates in 28 states, owning producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests.

Dorchester Minerals (NASDAQ:DMLP) has announced its fourth quarter 2024 cash distribution of $0.739412 per common unit, payable on February 13, 2025, to unitholders of record as of February 3, 2025. The distribution reflects activity for Q4 2024.

Cash receipts breakdown for Q4:

• Royalty Properties: $34.9 million (68% from recent sales, 32% from prior periods)
• Net Profits Interest: $5.4 million (61% from recent sales, 39% from prior periods)
• Lease bonus and other income: $0.7 million

The company owns producing and non-producing oil and natural gas interests across 28 states, with its common units trading on the Nasdaq Global Select Market.

Dorchester Minerals reported strong financial results for Q3 2024, with net income reaching $36,413,000 ($0.87 per common unit), up from $29,463,000 ($0.73 per unit) in Q3 2023. Operating revenues increased to $53,472,000 from $42,594,000 year-over-year. The company declared a Q2 distribution of $0.995785 per common unit, payable November 7, 2024. For the nine months ended September 30, 2024, net income was $78,208,000 ($1.89 per unit) compared to $77,337,000 ($1.94 per unit) in 2023.

Dorchester Minerals, L.P. (NASDAQ: DMLP) has announced the appointment of Mr. F. Damon Box to the board of managers of the general partner of their general partner, effective October 15, 2024. Mr. Box brings nearly 25 years of experience in corporate finance, mergers and acquisitions, capital markets, and energy investments. He is currently a partner at Carrollton Mineral Partners, L.P. and was previously a managing director in the energy investment banking division at Piper Sandler Companies.

Casey McManemin, Chairman of the Board, expressed pleasure in welcoming Mr. Box, citing his broad energy experience as an asset for achieving the Partnership's strategic goals. Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 28 states. The Partnership's common units trade on the NASDAQ Global Select Market under the symbol DMLP.