Welcome to our dedicated page for DORCHESTER MINERALS, L.P. 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.
Dorchester Minerals, L.P. filings document a publicly traded limited partnership whose common units represent ownership in a business holding crude oil and natural gas mineral, royalty, overriding royalty, net profits and leasehold interests. Form 8-K reports furnish quarterly and annual results, common-unit distribution announcements, Regulation FD releases, financial exhibits and other events tied to Royalty Properties and Net Profits Interests.
The filing record also covers partnership governance through definitive proxy materials and board-related Form 8-K disclosures. These records describe the general partner’s board and advisory committee structure, audit committee listing-rule compliance, indemnity arrangements, compensation disclosures and material events such as settlements involving leasehold interests held by Dorchester Minerals Operating LP.
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 $25.29 each, bringing its direct holdings to 45,017 units.
It then purchased 5,000 Common Units on February 12, 2026 at $25.08, increasing its position to 50,017 units. A further 5,000-unit purchase on February 13, 2026 at $25.29 raised its directly held stake to 55,017 Common Units. The filing notes these trades were made under a referenced Rule 10b5-1 trading plan adopted on November 12, 2025.
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.
Dorchester Minerals, L.P. reported an insider equity transaction by Chief Executive Officer Bradley J. Ehrman on 12/03/2025. He acquired 4,810 common units at an exercise price of $0 through the vesting and settlement of previously granted notional units.
On the same date, 1,749 common units were disposed of at $0 to satisfy tax liabilities by withholding units from an equity award. After these transactions, he holds 29,710 common units directly and 121,197 common units indirectly through Quiscalus Ventures, LLC, and continues to hold 9,620 notional units under the equity incentive program, which vest in equal thirds annually over three years beginning 12/03/2025.
Dorchester Minerals, L.P. (DMLP) Chief Executive Officer Bradley J. Ehrman reported recent purchases of the partnership’s common units. On 11/25/2025, he acquired 1,000 common units at a price of $21.26 per unit through an indirect holding. On 11/26/2025, he acquired an additional 2,487 common units at $21.6 per unit, also reported as an indirect holding. Following these transactions, 121,197 common units are reported as indirectly owned and 15,192 common units are reported as directly owned.
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.