Dorchester Minerals, L.P. Announces Second Quarter Results
Rhea-AI Summary
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.
Positive
- Declared quarterly distribution of $0.620216 per unit
- Operating revenues for H1 2025 increased to $75.6M from $68.3M in H1 2024
- Maintains diverse portfolio of oil and gas interests across 28 states
Negative
- Q2 2025 net income declined 47.7% to $12.3M from $23.6M in Q2 2024
- Q2 2025 operating revenues decreased 13.3% to $32.4M from $37.4M in Q2 2024
- Earnings per unit dropped to $0.25 from $0.57 year-over-year in Q2
News Market Reaction 1 Alert
On the day this news was published, DMLP declined 1.43%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
DALLAS, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended June 30, 2025 of
A comparison of the Partnership’s consolidated results for the quarters ended June 30, 2025 and 2024 are set forth below:
| Three Months Ended | Six Months Ended | ||||||||||||
| June 30, | June 30, | ||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||
| Operating Revenues | $ | 32,395,000 | $ | 37,360,000 | $ | 75,559,000 | $ | 68,339,000 | |||||
| Net Income | $ | 12,347,000 | $ | 23,628,000 | $ | 29,989,000 | $ | 41,795,000 | |||||
| Net Income Per Common Unit | $ | 0.25 | $ | 0.57 | $ | 0.61 | $ | 1.01 | |||||
The Partnership previously declared its second 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 |