Welcome to our dedicated page for Dorchester Minerals Lp SEC filings (Ticker: DMLP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Dorchester Minerals, L.P. (NASDAQ: DMLP) SEC filings page provides access to the Partnership’s regulatory disclosures as an owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 28 states. As a public limited partnership, Dorchester Minerals reports key financial and operational information through filings with the U.S. Securities and Exchange Commission.
Among the most frequent filings are Form 8-K reports that furnish press releases announcing results of operations and financial condition for specific quarters. These filings typically include exhibits detailing operating revenues, net income, and net income per common unit. Dorchester Minerals also uses Form 8-K to announce its quarterly cash distributions, providing information on distribution amounts, payable dates, record dates, and the timing and composition of cash receipts from Royalty Properties, Net Profits Interests, and lease bonus and other income.
The Partnership files additional Form 8-K reports to describe acquisitions of mineral interests, including the number of net royalty acres acquired, the location of those interests, and the structure of the transactions as non-taxable contributions and exchanges in which contributing entities receive common units representing limited partnership interests. These filings help investors understand how Dorchester Minerals expands its mineral and royalty asset base.
On this page, you can review Dorchester Minerals’ SEC filings as they are made available from EDGAR, along with AI-powered summaries that explain the key points of each document in plain language. Summaries can help clarify the implications of quarterly results, distribution announcements, mineral acquisitions, and other reported events. Filings that reference cover page interactive data files embedded within Inline XBRL documents are also accessible, allowing users to analyze reported data more efficiently.
For those interested in tracking disclosures related to distributions, mineral acquisitions, and financial performance, this filings page offers a structured view of Dorchester Minerals, L.P.’s ongoing reporting obligations as a publicly traded partnership in the crude petroleum and natural gas extraction industry.
Dorchester Minerals, L.P. reports that it has regained compliance with Nasdaq audit committee requirements after filling a board and committee vacancy created by a director’s death.
Independent manager C.W. “Bill” Russell, who served on the Board and Advisory Committee of the general partner, passed away on October 30, 2025, leaving the Advisory Committee with two members instead of the three independent members required by Nasdaq Listing Rules 5615(a)(4)(C) and 5605(c)(2)(A). The Partnership notified Nasdaq on November 3, 2025, and Nasdaq formally acknowledged the non-compliance and granted a cure period on November 10, 2025.
On February 11, 2026, A. Troy Sturrock was appointed to the Board and the Advisory Committee, restoring the committee to three members. On February 27, 2026, Nasdaq sent a letter acknowledging Mr. Sturrock’s appointment, confirming that Dorchester Minerals is now compliant with the applicable listing rules and that the matter is closed.
Dorchester Minerals, L.P. files its annual report describing a royalty-focused oil and natural gas partnership that owns mineral, royalty and net profits interests in 28 states, with 48,255,450 common units outstanding as of February 24, 2026.
The partnership grows primarily by acquiring additional mineral and royalty acreage in exchange for common units, including recent non-taxable S-4 equity deals in Colorado, New Mexico and Texas totaling tens of thousands of net acres. It has no credit facility and generally avoids debt, instead relying on equity issuances already registered for future acquisitions.
Dorchester distributes 100% of available cash each quarter, subject to modest reserves, but cash flow is highly sensitive to volatile oil and gas prices and to operators’ capital decisions, since it does not operate wells or hedge commodity prices. Significant regulatory, environmental, cybersecurity and climate-related developments, plus concentrated exposure to large customers and regions like the Bakken and Permian, are highlighted as key risks.
Dorchester Minerals, L.P. reported full-year 2025 net income of $57.4 million, or $1.16 per common unit, down from $92.4 million, or $2.13 per unit, in 2024. Operating revenues declined to $152.8 million from $161.5 million, reflecting weaker overall results.
As of December 31, 2025, the Partnership’s independent engineering consultant estimated total proved oil and natural gas reserves at 15.6 million barrels of oil equivalent, 61% of which are oil and natural gas liquids and all classified as proved developed producing. About 86% of reserves are tied to Royalty Properties and 14% to Net Profits Interests.
From May 2025 through February 2026, Dorchester Minerals distributed $133.5 million to common unitholders attributable to 2025 activity, highlighting substantial cash distributions despite lower earnings.
DORCHESTER MINERALS, L.P. director Troy Sturrock filed an initial ownership report showing he holds 900 Common Units. These units are reported as held directly and are owned jointly with his spouse. The filing does not report any recent purchases or sales, only the existing ownership position.
Dorchester Minerals, L.P. has appointed A. Troy Sturrock, age 55, as an independent manager on the board of managers of the general partner of its general partner, effective February 11, 2026. His appointment fills the vacancy created by the October 2025 death of C.W. “Bill” Russell.
Mr. Sturrock brings over 25 years of accounting and financial reporting experience, including 20 years focused on the midstream energy sector. He currently serves as Group Senior Vice President, Controller and Principal Accounting Officer of Energy Transfer LP. He will receive the same compensation as other independent managers, serve on the advisory committee that functions as the audit committee, and has entered into the Partnership’s standard indemnity agreement.
Dorchester Minerals Operating LP, described as an entity under common control with Dorchester Minerals, L.P., reported a series of open-market purchases of Common Units. On February 11, 2026, it bought 10,000 Common Units at
It then purchased 5,000 Common Units on February 12, 2026 at
Dorchester Minerals, L.P. filed a current report to furnish a press release announcing its cash distribution for the quarter ended December 31, 2025. The press release, dated January 22, 2026, is provided as Exhibit 99.1 and is incorporated by reference into this report for informational purposes. The company notes that the information under Item 7.01, including Exhibit 99.1, is being furnished rather than filed under the Securities Exchange Act of 1934.
Dorchester Minerals, L.P. director Albert G. Nance III filed an initial statement of beneficial ownership effective 01/01/2026. The filing reports that he beneficially owns 15,419 Common Units of Dorchester Minerals, L.P., held directly. The form shows no derivative securities positions.
Dorchester Minerals, L.P. Chief Financial Officer Leslie A. Moriyama reported equity transactions involving the partnership’s common units. On December 15, 2025, she acquired 4,351 common units at an exercise price of $0 through the vesting and settlement of previously granted notional units under an equity incentive plan. On the same date, 1,756 common units were withheld at $0 to cover tax liabilities associated with this equity award. Following these transactions, she directly beneficially owns 98,208 common units of Dorchester Minerals, L.P., held in her name, jointly with her spouse, or in her Individual Retirement Account.
Dorchester Minerals, L.P. reported an insider equity transaction by its Chief Executive Officer, who filed as a single reporting person. On December 15, 2025, the CEO exercised 4,727 notional units into common units at a stated price of $0, coded as an M transaction, increasing his directly held common units before tax withholding.
On the same date, 1,719 common units were disposed of at $0 in an F-coded transaction to cover tax liabilities related to a common unit grant made on December 15, 2025 under an equity incentive plan. After these transactions, the CEO directly owned 32,718 common units, with an additional 121,197 common units held indirectly through Quiscalus Ventures, LLC, and 4,726 notional units remaining under an equity incentive program that vests in thirds annually starting December 15, 2024.