Dorchester Minerals, L.P. Announces First Quarter Results
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) ha comunicato i risultati finanziari del primo trimestre 2025, con un utile netto di 17,64 milioni di dollari (0,36 dollari per unità comune), rispetto a 18,17 milioni di dollari (0,44 dollari per unità) nel primo trimestre 2024. I ricavi operativi sono aumentati significativamente, raggiungendo 43,16 milioni di dollari rispetto ai 30,98 milioni dello stesso periodo dell'anno precedente.
La Partnership ha dichiarato una distribuzione per il primo trimestre di 0,725835 dollari per unità comune, pagabile il 15 maggio 2025 agli azionisti registrati al 5 maggio 2025. L'azienda possiede interessi produttivi e non produttivi in minerali di petrolio e gas naturale, royalty, royalty sovrapposte e profitti netti in 28 stati.
Dorchester Minerals (NASDAQ:DMLP) informó sus resultados financieros del primer trimestre de 2025, con un ingreso neto de 17,64 millones de dólares (0,36 dólares por unidad común), en comparación con 18,17 millones de dólares (0,44 dólares por unidad) en el primer trimestre de 2024. Los ingresos operativos aumentaron significativamente a 43,16 millones de dólares, frente a los 30,98 millones del mismo período del año anterior.
La sociedad declaró una distribución para el primer trimestre de 0,725835 dólares por unidad común, pagadera el 15 de mayo de 2025 a los accionistas registrados al 5 de mayo de 2025. La compañía posee intereses en minerales de petróleo y gas natural, regalías, regalías superiores y beneficios netos, tanto productivos como no productivos, en 28 estados.
Dorchester Minerals (NASDAQ:DMLP)는 2025년 1분기 재무 결과를 발표했으며, 순이익은 1,764만 달러(보통주 1주당 0.36달러)로 2024년 1분기의 1,817만 달러(주당 0.44달러)와 비교됩니다. 영업 수익은 크게 증가하여 4,316만 달러로 작년 같은 기간의 3,098만 달러에서 상승했습니다.
파트너십은 2025년 5월 15일에 지급될 1분기 보통주 1주당 0.725835달러 배당금을 선언했으며, 2025년 5월 5일 기준 주주에게 지급됩니다. 이 회사는 28개 주에 걸쳐 생산 및 비생산 석유 및 천연가스 광물, 로열티, 추가 로열티, 순이익 권리를 보유하고 있습니다.
Dorchester Minerals (NASDAQ:DMLP) a publié ses résultats financiers du premier trimestre 2025, avec un revenu net de 17,64 millions de dollars (0,36 dollar par unité commune), contre 18,17 millions de dollars (0,44 dollar par unité) au premier trimestre 2024. Les revenus d'exploitation ont considérablement augmenté pour atteindre 43,16 millions de dollars, contre 30,98 millions de dollars à la même période l'année précédente.
Le partenariat a déclaré une distribution du premier trimestre de 0,725835 dollar par unité commune, payable le 15 mai 2025 aux détenteurs inscrits au 5 mai 2025. La société détient des intérêts produisant et non produisant dans les minéraux de pétrole et de gaz naturel, les redevances, les redevances supplémentaires et les bénéfices nets dans 28 États.
Dorchester Minerals (NASDAQ:DMLP) meldete seine Finanzergebnisse für das erste Quartal 2025 mit einem Nettoeinkommen von 17,64 Millionen US-Dollar (0,36 US-Dollar je Stammanteil), im Vergleich zu 18,17 Millionen US-Dollar (0,44 US-Dollar je Einheit) im ersten Quartal 2024. Die Betriebserlöse stiegen deutlich auf 43,16 Millionen US-Dollar, gegenüber 30,98 Millionen US-Dollar im gleichen Zeitraum des Vorjahres.
Die Partnerschaft erklärte eine Ausschüttung für das erste Quartal von 0,725835 US-Dollar je Stammanteil, zahlbar am 15. Mai 2025 an Anteilseigner, die am 5. Mai 2025 eingetragen sind. Das Unternehmen besitzt Förder- und Nichtförder-Interessen an Öl- und Erdgasmineralien, Lizenzgebühren, Überlizenzgebühren und Nettogewinnbeteiligungen in 28 Bundesstaaten.
- Operating revenues increased 39.3% year-over-year to $43.16 million
- Declared quarterly distribution of $0.725835 per unit
- Net income decreased 2.9% year-over-year to $17.64 million
- Net income per unit declined 18.2% from $0.44 to $0.36
Insights
Dorchester Minerals reported 39% revenue growth but lower earnings; maintaining high distributions despite profit decline indicates strong cash generation capability.
Dorchester Minerals reported mixed first quarter results with significantly divergent top and bottom-line performance. The royalty partnership achieved
More concerning for unitholders is the
Despite these lower earnings figures, the partnership declared a distribution of
This disparity highlights a crucial aspect of mineral rights partnerships: depletion is a major non-cash accounting expense that reduces reported earnings but doesn't affect distributable cash flow. For income-focused investors, the partnership's ability to maintain substantial distributions despite earnings fluctuations demonstrates the resilience of its royalty business model.
As a royalty owner across 28 states, Dorchester benefits from production on its properties without bearing direct operational costs, allowing for consistently higher distributions relative to reported earnings. The substantial revenue increase likely reflects either improved commodity pricing or increased production volumes from the partnership's extensive mineral interests portfolio.
DALLAS, May 08, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended March 31, 2025 of
A comparison of the Partnership’s consolidated results for the quarter ended March 31, 2025 and 2024 are set forth below:
| Three Months Ended | |||||||
| March 31, | |||||||
| 2025 | 2024 | ||||||
| Operating Revenues | $ | 43,164,000 | $ | 30,979,000 | |||
| Net Income | $ | 17,642,000 | $ | 18,167,000 | |||
| Net Income Per Common Unit | $ | 0.36 | $ | 0.44 | |||
The Partnership previously declared its first quarter distribution in the amount of
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.
| Contact: | Martye Miller | (214) 559-0300 |
FAQ
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