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Dorchester Minerals LP - DMLP STOCK NEWS

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

Dorchester Minerals, L.P. (NASDAQ: DMLP) is a publicly traded Delaware limited partnership that commenced operations on January 31, 2003. The company resulted from the combination of Dorchester Hugoton, Ltd., Republic Royalty Company, L.P., and Spinnaker Royalty Company, L.P. Based in Dallas, Texas, Dorchester Minerals specializes in the acquisition, ownership, and administration of royalty properties and net profits interests (NPIs).

Operating as the owner of both producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests, Dorchester Minerals has a widespread presence with leasehold interests in approximately 592 counties and parishes across 28 states. The company generates revenue primarily from royalties, net profits interests, and lease bonuses, offering a distinctive investment opportunity in the energy sector.

Dorchester's common units are listed on the NASDAQ Global Select Market under the symbol DMLP. The company’s executive offices are located at 3838 Oak Lawn Avenue, Suite 300, Dallas, Texas, 75219-4541. You can reach them at (214) 559-0300. For more information, Dorchester maintains an extensive online presence at www.dmlp.net, where investors can access the latest annual meeting presentations, current filings, and other pertinent details.

In the most recent quarterly report, Dorchester Minerals announced a net income of $19,804,000, or $0.50 per common unit, for the quarter ended June 30, 2023. This reflects the company's robust financial health and proactive management in navigating the volatile energy market.

With a strong history and a strategic focus on maximizing the value of its diversified mineral and royalty interests, Dorchester Minerals remains a significant player in the oil and gas industry, committed to delivering consistent returns to its stakeholders.

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.
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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.
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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.
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Dorchester Minerals, L.P. (DMLP) Announces Successful Lease Transaction in Midland Basin, Reagan County, Texas, Resulting in $11.8 Million Payment for Q4 Distribution
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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.
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Dorchester Minerals, L.P. announces cash distribution for Q3 2023
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Dorchester Minerals, L.P. completes acquisition of mineral and royalty interests in Texas.
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Dorchester Minerals, L.P. completes acquisition of mineral and royalty interests in Texas
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FAQ

What is the current stock price of Dorchester Minerals LP (DMLP)?

The current stock price of Dorchester Minerals LP (DMLP) is $33.22 as of December 6, 2024.

What is the market cap of Dorchester Minerals LP (DMLP)?

The market cap of Dorchester Minerals LP (DMLP) is approximately 1.6B.

What does Dorchester Minerals LP do?

Dorchester Minerals LP specializes in the acquisition, ownership, and administration of royalty properties and net profits interests in crude oil and natural gas.

Where is Dorchester Minerals LP located?

The company is headquartered at 3838 Oak Lawn Avenue, Suite 300, Dallas, Texas, 75219-4541.

What is the stock symbol for Dorchester Minerals LP?

Dorchester Minerals LP trades on the NASDAQ Global Select Market under the symbol DMLP.

How does Dorchester Minerals LP generate revenue?

The company generates revenue from royalties, net profits interests, lease bonuses, and other sources.

How can I get the latest updates on Dorchester Minerals LP?

You can visit their official website at www.dmlp.net for the latest updates and filings.

When did Dorchester Minerals LP commence operations?

Dorchester Minerals LP began operations on January 31, 2003.

Who are the transfer agent and registrar for Dorchester Minerals LP?

American Stock Transfer & Trust Company serves as the transfer agent and registrar for Dorchester Minerals LP.

What was Dorchester Minerals LP's net income for Q2 2023?

The company reported a net income of $19,804,000, or $0.50 per common unit, for the quarter ended June 30, 2023.

How many states does Dorchester Minerals LP operate in?

Dorchester Minerals LP has leasehold interests in 28 states across the United States.

What types of interests does Dorchester Minerals LP own?

The company owns crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests.

Dorchester Minerals LP

Nasdaq:DMLP

DMLP Rankings

DMLP Stock Data

1.57B
41.96M
11.4%
26.09%
1%
Oil & Gas E&P
Crude Petroleum & Natural Gas
Link
United States of America
DALLAS