Dorchester Minerals Lp Stock Price, News & Analysis

Dorchester Minerals, L.P. (NASDAQ:DMLP) announced a cash distribution of $0.969012 per common unit for Q2 2022, payable on August 11, 2022, to unitholders of record as of August 1, 2022. The Partnership reported cash receipts of approximately $33.9 million from royalty properties, with 74% from oil and gas sales in early 2022 and 26% from prior periods. Additionally, net profits interests generated about $5.1 million, while lease bonuses contributed approximately $1.2 million. Dorchester Minerals holds interests in 28 states across various oil and gas assets.

Dorchester Minerals, L.P. (NASDAQ-DMLP) reported a remarkable net income of $30.6 million ($0.80 per common unit) for Q1 2022, compared to $11.8 million in Q1 2021.

Operating revenues soared to $40.4 million from $17.8 million year-over-year. The Partnership announced a cash distribution of $0.753926 per common unit payable on May 12, 2022, to record holders as of May 2, 2022. Dorchester Minerals continues to hold diverse oil and natural gas interests across 28 states.

Dorchester Minerals, L.P. (NASDAQ:DMLP) has announced a cash distribution of $0.753926 per common unit for Q1 2022, payable on May 12, 2022, to unitholders of record on May 2, 2022. In Q1, cash receipts from Royalty Properties reached approximately $24.7 million, with 75% from oil and gas sales during late 2021 and early 2022. Net Profits Interests contributed about $6.9 million, with 65% also from oil and gas sales in the same period. The company has interests across 28 states and provides forward-looking statements subject to market fluctuations and regulatory changes.

Dorchester Minerals, L.P. (NASDAQ-DMLP) has successfully completed an acquisition of approximately 3,600 net royalty acres across 13 states, including Colorado, Louisiana, Ohio, Oklahoma, Pennsylvania, West Virginia, and Wyoming. This non-taxable transaction involved the exchange of 570,000 common limited partnership units for the mineral and royalty interests. Dorchester Minerals, based in Dallas, owns various oil and natural gas interests across 28 states, and this acquisition is expected to enhance its asset portfolio.

Dorchester Minerals, L.P. (NASDAQ-DMLP) has announced a non-taxable contribution and exchange agreement to acquire approximately 3,600 net royalty acres across 13 states, including Colorado, Louisiana, and Oklahoma. The deal, involving the issuance of 570,000 common limited partnership units, is expected to close on March 31, 2022, pending customary conditions. This strategic acquisition aims to enhance the Partnership's mineral and royalty interests, potentially bolstering its operational capacity in the oil and natural gas sector.

Dorchester Minerals, L.P. (NASDAQ-DMLP) reported a net income of $70.2 million or $1.94 per unit for the year ended December 31, 2021, a significant increase from $21.9 million or $0.61 per unit in 2020. The Partnership's operating revenues reached $93.4 million, compared to $46.9 million the previous year. As of December 31, 2021, it holds 92.9 billion cubic feet of proved oil and natural gas reserves. A total of $69.2 million was distributed to common unitholders from May 2021 to February 2022.

Dorchester Minerals, L.P. (NASDAQ:DMLP) announced a cash distribution of $0.639287 per common unit for Q4 2021, payable on February 10, 2022, to unitholders of record by January 31, 2022. Cash receipts from Royalty Properties totaled approximately $21.2 million, with oil and gas sales contributing significantly. Additionally, Net Profits Interests brought in around $4.2 million. The Partnership holds interests across 26 states.

Dorchester Minerals, L.P. (NASDAQ-DMLP) has finalized the acquisition of mineral and royalty interests covering approximately 4,600 net royalty acres across 27 counties in New Mexico, Oklahoma, Texas, and Wyoming. The transaction is structured as a non-taxable contribution, with the contributing entity receiving 1,580,000 common limited partnership units of Dorchester Minerals. This acquisition expands Dorchester's portfolio, which includes producing and non-producing interests in oil and natural gas across 26 states.

Dorchester Minerals, L.P. (NASDAQ-DMLP) announced a non-taxable exchange agreement to acquire approximately 4,600 net royalty acres across New Mexico, Oklahoma, Texas, and Wyoming. The deal, valued at 1,580,000 common limited partnership units, is expected to close on December 31, 2021, with a cash receipt date of October 1, 2021. This acquisition enhances the Partnership's portfolio of mineral and royalty interests in the oil and natural gas sector, contributing to its overall growth strategy.