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Dorchester Minerals LP - DMLP STOCK NEWS

Welcome to our dedicated news page for Dorchester Minerals LP (Ticker: DMLP), a resource for investors and traders seeking the latest updates and insights on Dorchester Minerals LP.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dorchester Minerals LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dorchester Minerals LP's position in the market.

Rhea-AI Summary
Dorchester Minerals, L.P. announced its first quarter 2024 cash distribution of $0.781837 per common unit, totaling approximately $24.5 million from Royalty Properties, $6.8 million from Net Profits Interest, $0.6 million from lease bonus and other income, and $4.0 million from acquisitions. The company owns oil and gas interests in 28 states, trading on Nasdaq under the symbol DMLP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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none
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Rhea-AI Summary
Dorchester Minerals, L.P. (NASDAQ: DMLP) completed the acquisition of mineral interests in Colorado, totaling 1,485 net royalty acres. The transaction was non-taxable, exchanging interests for 505,369 common units. Dorchester Minerals, L.P. is a Dallas-based company with interests in oil and natural gas across 28 states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
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-
Rhea-AI Summary
Dorchester Minerals, L.P. reported a net income of $114,117,000 for the year ended December 31, 2023, with earnings of $2.85 per common unit. The company's operating revenues decreased from $170.8 million in 2022 to $163.8 million in 2023. The Partnership's total proved oil and natural gas reserves were estimated at 83.3 billion cubic feet as of December 31, 2023, with 40% attributed to natural gas. Despite a decrease in net income, the company distributed $137.5 million to common unitholders in 2023. Dorchester Minerals, L.P. trades on the NASDAQ under the symbol DMLP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
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none
Rhea-AI Summary
Dorchester Minerals, L.P. (NASDAQ:DMLP) announced its fourth quarter 2023 cash distribution of $1.007874 per common unit, reflecting $28.3 million from Royalty Properties, $4.6 million from Net Profits Interests, and $12.4 million from lease bonus and other income. The common units trade on the Nasdaq Global Select Market under the symbol DMLP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
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none
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Rhea-AI Summary
Dorchester Minerals, L.P. (NASDAQ-DMLP) has appointed Ms. Lesley Carver as the new manager of the board of managers of Dorchester Minerals Management GP LLC, effective January 10, 2024. The company's chairman expressed optimism about her appointment, citing her financial, operational, and technical expertise as valuable assets. Dorchester Minerals, L.P. is a Dallas-based owner of oil and natural gas interests in 28 states, with common units trading on the NASDAQ Global Select Market under the symbol DMLP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
management
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Rhea-AI Summary
Dorchester Minerals, L.P. (NASDAQ-DMLP) announced the retirement of Mr. James E. Raley, an appointed manager of the board of managers of the general partner of the general partner of the Partnership. In recognition of his service, the Board has designated Mr. Raley as a Manager Emeritus. 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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
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none
Rhea-AI Summary
Dorchester Minerals, L.P. (DMLP) Announces Successful Lease Transaction in Midland Basin, Reagan County, Texas, Resulting in $11.8 Million Payment for Q4 Distribution
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
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Rhea-AI Summary
Dorchester Minerals, L.P. (NASDAQ-DMLP) reported a net income of $29.5 million for Q3 2023, compared to $34.2 million in Q3 2022. Operating revenues were $42.6 million in Q3 2023, down from $44.1 million in Q3 2022. The Partnership declared a third-quarter distribution of $0.845120 per common unit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.81%
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Rhea-AI Summary
Dorchester Minerals, L.P. announces cash distribution for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
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none
Rhea-AI Summary
Dorchester Minerals, L.P. completes acquisition of mineral and royalty interests in Texas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
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Dorchester Minerals LP

Nasdaq:DMLP

DMLP Rankings

DMLP Stock Data

1.37B
36.75M
7.09%
20.29%
1.16%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Dallas

About DMLP

dorchester minerals, l.p. is a publicly traded delaware limited partnership that commenced operations on january 31, 2003, upon the combination of dorchester hugoton, ltd., republic royalty company, l.p. and spinnaker royalty company, l.p. dorchester hugoton was a publicly traded texas limited partnership, and republic and spinnaker were private texas limited partnerships. our common units are listed on the nasdaq global select market. american stock transfer & trust company is our registrar and transfer agent. our executive offices are located at 3838 oak lawn avenue, suite 300, dallas, texas, 75219-4541, and our telephone number is (214) 559-0300. we have established an internet website at www.dmlp.net that contains the last annual meeting presentation and a link to the nasdaq website. you may obtain all current filings free of charge at our website. our business may be described as the acquisition, ownership and administration of royalty properties and npis. the royalty properties c