Dorchester Minerals, L.P. Announces Third Quarter Results
Rhea-AI Summary
Dorchester Minerals, L.P. (NASDAQ: DMLP) reported Q3 2025 net income $11,173,000 or $0.23 per common unit for the quarter ended September 30, 2025. Operating revenues for Q3 were $35.4M versus $53.5M in Q3 2024. For the nine months ended September 30, 2025, the Partnership reported $110.98M in operating revenues and $41.16M in net income, compared with $121.81M and $78.21M in the prior year period. The Partnership declared a third-quarter distribution of $0.689883 per common unit payable November 13, 2025 to holders of record November 3, 2025.
The Partnership noted that cash distributions differ from net earnings due to timing and depletion; business risks include commodity prices, property operations, economic and regulatory changes.
Positive
- Q3 operating revenues of $35.4M
- Declared distribution $0.689883 per common unit payable Nov 13, 2025
- Common units trade on NASDAQ (DMLP)
Negative
- Q3 operating revenue down ~34% year-over-year
- Q3 net income down ~69% year-over-year
- Nine-month net income down ~47% year-over-year
- Q3 net income per unit fell from $0.87 to $0.23
News Market Reaction 1 Alert
On the day this news was published, DMLP declined 1.79%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
DALLAS, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended September 30, 2025 of
A comparison of the Partnership’s consolidated results for the quarters ended September 30, 2025 and 2024 are set forth below:
| Three Months Ended | Nine Months Ended | ||||||||||
| September 30, | September 30, | ||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||
| Operating Revenues | $ | 35,416,000 | $ | 53,472,000 | $ | 110,975,000 | $ | 121,811,000 | |||
| Net Income | $ | 11,173,000 | $ | 36,413,000 | $ | 41,162,000 | $ | 78,208,000 | |||
| Net Income Per Common Unit | $ | 0.23 | $ | 0.87 | $ | 0.84 | $ | 1.89 | |||
The Partnership previously declared its third 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