Every 10-Q that Dorchester Minerals Lp (DMLP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DMLP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DMLP filings page.
Dorchester Minerals, L.P. generated substantially higher earnings for the three and six months ended June 30, 2026, as stronger oil pricing and volumes and recent mineral acquisitions lifted results. Total operating revenues were $56.1 million in the second quarter versus $32.4 million a year earlier and $114.9 million for the first half versus $75.6 million.
Net income rose to $30.9 million in the quarter (up from $12.3 million) and $60.0 million for the first half (up from $30.0 million), with growth driven by higher royalty and Net Profits Interest revenues and recognition of volumes tied to a $15.5 million Midland County leasehold settlement. Operating cash flow increased to $88.1 million from $63.9 million, lifting cash to $72.5 million at June 30, 2026 against total liabilities of $10.3 million.
The partnership continued its unit-for-acres growth strategy, including a July 31, 2026 acquisition of about 3,100 net royalty acres in the Williston Basin for 835,958 common units valued at $23.1 million, following earlier Colorado and New Mexico/Texas mineral deals. A second-quarter cash distribution of $1.272943 per common unit was declared, payable August 13, 2026. Management highlights ongoing exposure to commodity price volatility and geopolitical risks, but reports no material adverse legal matters and effective disclosure controls.
Dorchester Minerals, L.P. reported strong first‑quarter 2026 results as higher production and NPI volumes lifted performance. Operating revenues rose to $58.9M from $43.2M a year earlier, driven by increased oil volumes from acquired Rockies and Permian properties and higher NPI volumes.
Net income increased to $29.1M, up from $17.6M, with earnings of $0.59 per common unit versus $0.36. Depreciation, depletion and amortization also climbed as more reserves were produced from a larger asset base, including prior S‑4 unit‑for‑asset acquisitions.
Operating cash flow declined to $23.9M from $33.4M, mainly because receivables and NPI amounts grew faster than cash collections. Cash and cash equivalents were $28.2M at March 31, 2026. The partnership declared a first‑quarter 2026 cash distribution of $0.475036 per common unit, payable May 14, 2026.
Dorchester Minerals, L.P. reported third-quarter 2025 results reflecting weaker oil markets and higher depletion. Total operating revenues were $35,416 and net income was $11,173, or $0.23 per common unit. Oil pricing and volumes declined year over year, while natural gas pricing improved.
Operating costs were $4,328 and depreciation, depletion and amortization rose to $16,989, contributing to the earnings decline. Average oil prices on Royalty Properties were $56.27/bbl (vs. $68.04) and natural gas averaged $2.35/mcf (vs. $0.96). The Partnership declared a Q3 2025 cash distribution of $0.689883 per unit, payable on November 13, 2025 to holders of record November 3, 2025. Cash and cash equivalents were $41,606 as of September 30, 2025.
During the quarter, Dorchester acquired approximately 3,050 net royalty acres in Adams County, Colorado in exchange for 915,694 common units valued at $23.0 million, issued under Form S-4. Common units outstanding were 48,255,450 as of November 6, 2025.