Energy -
Oil & Gas Exploration & Production - NASDAQ - US
$ 27.67
-0.64 %
$ 1.31 B
Market Cap
13.25
P/E
1. INTRINSIC VALUE
Balance Sheet
Dorchester Minerals, L.P.
| Current Assets | 67.8 M |
| Cash & Short-Term Investments | 42.5 M |
| Receivables | 25.3 M |
| Other Current Assets | 0 |
| Non-Current Assets | 299 M |
| Long-Term Investments | 0 |
| PP&E | 299 M |
| Other Non-Current Assets | 0 |
| Current Liabilities | 4.25 M |
| Accounts Payable | 3.98 M |
| Short-Term Debt | 263 K |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 777 K |
| Long-Term Debt | 777 K |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Dorchester Minerals, L.P.
| Revenue | 162 M |
| Cost Of Revenue | 57.1 M |
| Gross Profit | 104 M |
| Operating Expenses | 104 M |
| Operating Income | 0 |
| Other Expenses | -92.4 M |
| Net Income | 92.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Dorchester Minerals, L.P.
| Net Income | 92.4 M |
| Depreciation & Amortization | 42.8 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -2.58 M |
| Others | -273 K |
| Free Cash Flow | 133 M |
Wall Street Analysts Price Targets
Dorchester Minerals, L.P.
DMLP has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
2.55%
DIVIDEND YIELD
0.726 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Dorchester Minerals, L.P.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
288 K USD 1
0-3 MONTHS
921 K USD 2
3-6 MONTHS
1.74 M USD 3
6-9 MONTHS
334 K USD 2
9-12 MONTHS
7. News
Dorchester Minerals: Reviewing Its Potential Results At Low-$60s Oil
Dorchester's Q1 2025 distribution ended up at around $0.726 per unit. At low-$60s oil, I'd expect its quarterly distribution to average around $0.60 to $0.65 per unit. Longer-term, I expect $70 WTI oil, which would support more of an average of $0.75 per unit in quarterly distributions (with periodic larger lease bonus payments included).
seekingalpha.com
- 1 month ago
Dorchester Minerals, L.P. Announces Retirement and Appointment to the Board of Managers
DALLAS, May 19, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP).
globenewswire.com
- 1 month ago
Dorchester Minerals, L.P. Announces First Quarter Results
DALLAS, May 08, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended March 31, 2025 of $17,642,000, or $0.36 per common unit.
globenewswire.com
- 1 month ago
Dorchester Minerals: Solid Business Model And Balance Sheet To Sustain Cash Distributions
Dorchester Minerals remains profitable despite market volatility, leveraging acquisitions and a solid balance sheet with stable cash levels and no debt. DMLP's business model, focused on acquiring mineral rights and royalty interests, ensures low capital intensity and cost sensitivity, maintaining profitability even with fluctuating oil and gas prices. The company has a strong liquidity position, with a current ratio of 13.0x and significant free cash flow, making it an attractive option for income-focused investors.
seekingalpha.com
- 1 month ago
Dorchester Minerals: Quarterly Distribution May Average $0.80 During 2025
Dorchester's Q4 2024 distribution was approximately $0.74 per unit, down -26% compared to Q3 2024. Q3 2024 was an outlier though, and its Q4 2024 distribution and sales volumes were in line with my expectations. Dorchester's quarterly distribution may average around $0.80 per unit at the current strip of around $70 WTI oil and $4.25 NYMEX gas.
seekingalpha.com
- 3 months ago
Dorchester Minerals, L.P. Announces 2024 Results
DALLAS, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the year ended December 31, 2024 of $92,449,000 or $2.13 per common unit.
globenewswire.com
- 3 months ago
Dorchester Minerals, L.P. Announces Its Fourth Quarter Distribution
DALLAS, Jan. 23, 2025 (GLOBE NEWSWIRE) -- — Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's fourth quarter 2024 cash distribution. The distribution of $0.739412 per common unit represents activity for the three-month period ended December 31, 2024 and is payable on February 13, 2025 to common unitholders of record as of February 3, 2025.
globenewswire.com
- 4 months ago
Dorchester Minerals: Q3 2024 Distribution Was A Positive Surprise
Dorchester declared a Q3 2024 distribution of nearly $1 per unit. This was driven by a large increase in sales volumes, with its oil sales volumes up 52% compared to Q2 2024. Dorchester's sales volumes fluctuate, so the large increase may not be sustained.
seekingalpha.com
- 6 months ago
Dorchester Minerals, L.P. Announces Third Quarter Results
DALLAS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended September 30, 2024 of $36,413,000, or $0.87 per common unit.
globenewswire.com
- 7 months ago
Dorchester Minerals, L.P. Announces Its Third Quarter Distribution
DALLAS, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's third quarter 2024 cash distribution. The distribution of $0.995785 per common unit represents activity for the three-month period ended September 30, 2024 and is payable on November 7, 2024 to common unitholders of record as of October 28, 2024.
globenewswire.com
- 8 months ago
Dorchester Minerals, L.P. Announces Appointment of Manager to Board of Managers
DALLAS, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that Mr. F. Damon Box has been appointed to the board of managers of the general partner of our general partner, effective October 15, 2024.
globenewswire.com
- 8 months ago
Dorchester Minerals' High-Yield Appeal With Major Acquisitions In The Current Energy Market
Dorchester Minerals is a Master Limited Partnership that earns a steady income from oil and gas royalties, with a compelling yield for conservative income investors. Recent acquisitions of 14,529 acres in Texas and New Mexico and 1,204 in Colorado should more than offset its dilution and boost revenue growth. Despite commodity price volatility, DMLP's conservative, debt-free M&A strategy positions it for long-term revenue growth.
seekingalpha.com
- 8 months ago
8. Profile
Summary
Dorchester Minerals, L.P. DMLP
COUNTRY
US
INDUSTRY
Oil & Gas Exploration & Production
MARKET CAP
$ 1.31 B
Dividend Yield
2.55%
Description
Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests in the United States. Its royalty properties consist of producing and nonproducing mineral, royalty, and overriding royalty interests located in 582 counties and parishes in 26 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership. Dorchester Minerals Management LP serves as the general partner of Dorchester Minerals, L.P. The company was founded in 1982 and is based in Dallas, Texas.
Contact
3838 Oak Lawn Avenue, Dallas, TX, 75219-4541
https://www.dmlp.net
IPO
Date
Feb. 3, 2003
Employees
27
Officers
Ms. Leslie A. Moriyama A.C.A.
Chief Financial Officer
Ms. Martye Miller
Investor Relations Manager
Mr. Bradley J. Ehrman
Chief Executive Officer