Dorchester Minerals, L.P. Announces Appointment of Manager to Board of Managers

Dorchester Minerals, L.P.

Rhea-AI Summary

Dorchester Minerals, L.P. (NASDAQ: DMLP) announced the appointment of Mr. A. Troy Sturrock to the board of managers of the general partner and to the advisory committee, effective February 11, 2026. His appointment fills the vacancy created by the death of C.W. “Bill” Russell.

Mr. Sturrock brings over 25 years of accounting and financial reporting experience, including 20 years focused on the midstream energy sector, and currently serves as Group SVP, Controller and Principal Accounting Officer of Energy Transfer.

Positive

• Appointment effective February 11, 2026
• 25 years of accounting and financial reporting experience
• 20 years focused on midstream energy sector

Negative

• Board vacancy resulted from the death of C.W. “Bill” Russell

Argus Feb 18 session

+0.63% close to close Open Argus

Details

News Market Reaction – DMLP

On Feb 18, the first trading day after this news, DMLP closed 0.63% above the previous close.

Data tracked by StockTitan Argus for the Feb 18 session.

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DALLAS, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ: DMLP) announced today Mr. A. Troy Sturrock has been appointed to the board of managers of the general partner of our general partner, as an independent manager and member of the advisory committee effective February 11, 2026. Mr. Sturrock’s appointment fills the vacancy created by the death of C.W. “Bill” Russell.

Mr. Sturrock has over 25 years of accounting and financial reporting experience, with a focus on the midstream energy sector for the past 20 years. He currently serves as the Group Senior Vice President, Controller and Principal Accounting Officer of Energy Transfer LP, a publicly-traded master limited partnership with assets in 44 states.

Robert C. Vaughn, Interim Chairman of the Board, stated, “We are pleased to welcome Mr. Sturrock to the board of managers of the Partnership. His broad energy experience will bring valuable perspective to achieve 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, and net profits interests located in 28 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP.

FORWARD-LOOKING STATEMENTS

Portions of this document may constitute “forward-looking statements” as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership’s filings with the Securities and Exchange Commission.

		3838 Oak Lawn Ave., Suite 300
		Dallas, Texas 75219-4541
Contact:	Martye Miller	(214) 559-0300

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who was appointed to Dorchester Minerals (DMLP) board and when was the appointment effective?

Mr. A. Troy Sturrock was appointed as an independent manager, effective February 11, 2026. According to Dorchester Minerals, L.P., he also joined the advisory committee to fill the vacancy created by C.W. “Bill” Russell’s death.

What experience does DMLP board appointee A. Troy Sturrock bring to Dorchester Minerals?

Mr. Sturrock has over 25 years of accounting and financial reporting experience with a 20-year midstream energy focus. According to Dorchester Minerals, L.P., he currently serves as Group SVP, Controller and Principal Accounting Officer of Energy Transfer.

Does the DMLP appointment change the Partnership’s governance structure?

The appointment fills a board vacancy and adds an independent manager to the advisory committee. According to Dorchester Minerals, L.P., this restores full membership and brings additional accounting and energy-sector expertise to governance.

What role did C.W. “Bill” Russell hold before the DMLP board vacancy occurred?

C.W. “Bill” Russell previously held a board position whose vacancy was filled by Mr. Sturrock. According to Dorchester Minerals, L.P., the vacancy arose due to Russell’s death, prompting the appointment on February 11, 2026.

How might A. Troy Sturrock’s background affect DMLP’s financial oversight?

His accounting and reporting background could strengthen financial controls and reporting oversight at the partnership. According to Dorchester Minerals, L.P., Sturrock’s 25 years of experience and current controller role at Energy Transfer inform his oversight capabilities.