DMLP
Dorchester MineralsBDocument history
Earnings documents stored for DMLP.
Investor releaseQuarter not tagged2026-05-12Strong Q1 2026 Earnings And Distribution Might Change The Case For Investing In Dorchester Minerals (DMLP)
Simply Wall St.
Strong Q1 2026 Earnings And Distribution Might Change The Case For Investing In Dorchester Minerals (DMLP)
In the first quarter of 2026, Dorchester Minerals, L.P. reported past results showing revenues of US$58.88 million and net income of US$28.26 million, with basic and diluted earnings per unit of US$0.59, alongside a declared distribution of US$0.475036 per common unit payable on May 14, 2026. This combination of higher operating revenues and earnings, together with a cash distribution to unitholders, highlights how Dorchester Minerals is currently converting its royalty and mineral interests into distributable cash flow. We will now examine how this strong year-over-year earnings growth shapes Dorchester Minerals’ broader investment narrative for unitholders. AI is about to change healthcare. These 32 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. To own Dorchester Minerals, you really have to believe in its straightforward royalty model: turning commodity production on its acreage into cash that can be paid out, without the capital intensity of drilling wells itself. The latest Q1 2026 numbers, with higher revenues and earnings plus a fresh US$0.475036 distribution, reinforce that story rather than transforming it. Near term, the key catalysts still sit with commodity price levels, development activity on Dorchester’s underlying acreage and how the recent Midland County settlement proceeds feed into upcoming distributions. At the same time, the news does little to resolve the bigger issues already on investors’ minds: a relatively new board, a distribution that has not always been well covered, and a unit price that screens as expensive on earnings multiples despite a recent pullback. However, one particular risk around distribution coverage is something investors should not ignore. Despite retreating, Dorchester Minerals' shares might still be trading above their fair value and there could be some more downside. Discover how much. Only one Simply Wall St Community estimate pegs fair value at about US$65.50 per unit, hinting at very large upside versus recent trading. Set that against the current concerns over dividend coverage and a relatively inexperienced board, and you can see why different market participants might reach very different conclusions about Dorchester’s long term appeal. Explore another fair value estimate on Dorchester M...
Investor releaseQuarter not tagged2026-05-07Dorchester Minerals, L.P. Announces First Quarter Results
GlobeNewswire
Dorchester Minerals, L.P. Announces First Quarter Results
DALLAS, May 06, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended March 31, 2026 of $29,137,000 or $0.59 per common unit. A comparison of the Partnership’s consolidated results for the quarter ended March 31, 2026 and 2025 are set forth below: The Partnership previously declared its first quarter distribution in the amount of $0.475036 per common unit payable on May 14, 2026 to common unitholders of record as of May 4, 2026. The Partnership’s cash distributions are not comparable to its net earnings due to timing and other differences including depletion. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests in 28 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission. Contact: Martye Miller 3838 Oak Lawn Ave., Suite 300 Dallas, Texas 75219-4541 (214) 559-0300
Investor releaseQuarter not tagged2026-04-24Dorchester Minerals, L.P. Announces Its First Quarter Distribution
GlobeNewswire
Dorchester Minerals, L.P. Announces Its First Quarter Distribution
DALLAS, April 23, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s first quarter 2026 cash distribution. The distribution of $0.475036 per common unit represents activity for the three-month period ended March 31, 2026 and is payable on May 14, 2026 to common unitholders of record as of May 4, 2026. Cash receipts attributable to the Partnership’s Royalty Properties during the first quarter totaled approximately $26.6 million. Approximately 76% of these receipts reflect oil sales during December 2025 through February 2026 and natural gas sales during November 2025 through January 2026, and approximately 24% from prior sales periods. The average realized prices for oil and natural gas sales cash receipts attributable to the Royalty Properties during the first quarter of 2026 were $51.79/bbl and $2.27/mcf. There were no cash receipts attributable to the Partnership’s Net Profits Interests during the first quarter due to capital expenditures reserved by the Operating Partnership for Bakken drilling commitments. Cash receipts attributable to lease bonus and other income during the first quarter totaled approximately $1.4 million. Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty and net profits interests located in 28 states. Its common units trade on the Nasdaq Global Select Market under the symbol DMLP. This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Although a portion of Dorchester Minerals, L.P.’s income may not be effectively connected income and may be subject to alternative withholding procedures, brokers and nominees should treat 100% of Dorchester Minerals, L.P.’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Dorchester Minerals, L.P.’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest marginal rate for individuals or corporations, as applicable. Nominees, and not Dorchester Minerals, L.P., are treated as withholding agents responsible for withholding on distributions received by them on behalf of non-U.S. investors. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-...
Investor releaseQuarter not tagged2026-02-25Dorchester Minerals, L.P. Announces 2025 Results
GlobeNewswire
Dorchester Minerals, L.P. Announces 2025 Results
DALLAS, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the year ended December 31, 2025 of $57,352,000 or $1.16 per common unit. A comparison of the Partnership’s consolidated results for the twelve month periods ended December 31, 2025 and 2024 are set forth below: The Partnership’s independent engineering consultant estimated its total proved oil and natural gas reserves to be 15.6 million barrels of oil equivalent (mmboe) as of December 31, 2025. Approximately 86% of these reserves are attributable to the Partnership’s Royalty Properties and 14% are attributable to its Net Profits Interest. Oil and natural gas liquids accounted for 61% of proved reserves as of December 31, 2025, all of which were classified as proved developed producing. The Partnership distributed a total of $133.5 million to its common unitholders from May 2025 through February 2026 attributable to 2025 activity. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests in 28 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission.
Investor releaseQuarter not tagged2026-01-23Dorchester Minerals, L.P. Announces Its Fourth Quarter Distribution
GlobeNewswire
Dorchester Minerals, L.P. Announces Its Fourth Quarter Distribution
DALLAS, Jan. 22, 2026 (GLOBE NEWSWIRE) -- — Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s fourth quarter 2025 cash distribution. The distribution of $0.755712 per common unit represents activity for the three-month period ended December 31, 2025 and is payable on February 12, 2026 to common unitholders of record as of February 2, 2026. Cash receipts attributable to the Partnership’s Royalty Properties during the fourth quarter totaled approximately $32.2 million. Approximately 62% of these receipts reflect oil sales during September 2025 through November 2025 and natural gas sales during August 2025 through October 2025, and approximately 38% from prior sales periods. Cash Receipts attributable to the Partnership’s Net Profits Interest during the fourth quarter totaled approximately $4.0 million. Approximately 66% of these receipts reflect oil sales and natural gas sales during August 2025 through October 2025, and approximately 34% from prior sales periods. Cash receipts attributable to lease bonus and other income during the fourth quarter totaled approximately $6.0 million. Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests located in 28 states. Its common units trade on the Nasdaq Global Select Market under the symbol DMLP. This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Although a portion of Dorchester Minerals, L.P.’s income may not be effectively connected income and may be subject to alternative withholding procedures, brokers and nominees should treat 100% of Dorchester Minerals, L.P.’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Dorchester Minerals, L.P.’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest marginal rate for individuals or corporations, as applicable. Nominees, and not Dorchester Minerals, L.P., are treated as withholding agents responsible for withholding on distributions received by them on behalf of non-U.S. investors. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are sub...
Investor releaseQuarter not tagged2025-11-08Will Dorchester Minerals’ (DMLP) Leadership Transition Reshape Its Approach to Navigating Earnings Pressure?
Simply Wall St.
Will Dorchester Minerals’ (DMLP) Leadership Transition Reshape Its Approach to Navigating Earnings Pressure?
Dorchester Minerals, L.P. recently reported its third-quarter 2025 results, revealing a sharp decrease in revenue and net income compared to the same period last year, and announced plans for a third-quarter distribution in November. In addition to financial pressures, the company experienced leadership changes following the passing of a long-serving Audit Committee chairman, highlighting a significant transition period for the board. Next, we examine how declining revenue and profitability shape Dorchester Minerals’ investment narrative amid recent leadership transitions. Uncover the next big thing with financially sound penny stocks that balance risk and reward. The big picture for Dorchester Minerals shareholders has always revolved around the company’s ability to deliver consistent distributions, underpinned by a diverse portfolio of royalty interests spread across numerous states. The recent sharp drop in third-quarter revenue and net income heightens concerns over near-term cash generation, especially given the already negative earnings trend over the past year and mounting pressure on dividend coverage. While the announced succession in board leadership following the passing of a long-standing Audit Committee chairman signals resilience, the change may introduce some uncertainty as the company adapts. At the same time, significant acquisitions in Colorado demonstrate ongoing efforts to bolster the asset base, providing a potential catalyst if commodity pricing improves. However, these fresh results do meaningfully amplify short-term risks, particularly around commodity volatility and the sustainability of high distributions given declining profitability. Overall, this is a critical juncture for Dorchester as it works to steady both the business and governance fronts in the aftermath of these developments. But with shrinking profit margins and falling returns, sustainability of distributions is becoming a key question for investors. Despite retreating, Dorchester Minerals' shares might still be trading above their fair value and there could be some more downside. Discover how much. Only one fair value estimate from the Simply Wall St Community pegs Dorchester Minerals at US$81.93 per unit, far above current prices. The dividend’s sustainability, now under question after weak earnings, remains a central focus in assessing Dorchester’s outlook. Explore h...
Investor releaseQuarter not tagged2025-11-08Dorchester Minerals (DMLP): Assessing Valuation After Third Quarter Earnings Miss and Revenue Decline
Simply Wall St.
Dorchester Minerals (DMLP): Assessing Valuation After Third Quarter Earnings Miss and Revenue Decline
Dorchester Minerals (DMLP) reported earnings that fell considerably short of last year's results, with revenue and net income down for the third quarter of 2025. This reflects ongoing market pressures and commodity price swings. See our latest analysis for Dorchester Minerals. After another tough quarter, Dorchester Minerals’ share price has continued to lose ground, with a year-to-date decline of 33.54%. While recent earnings and leadership transitions have weighed on sentiment, it is worth noting the partnership’s five-year total shareholder return stands at a remarkable 274.87%. That long-term track record is a reminder that momentum can shift quickly in the commodities space. If this kind of volatility has you curious about what else is moving, you might want to broaden your scope and discover fast growing stocks with high insider ownership With shares down sharply and earnings in retreat, the question now is whether the recent sell-off offers bargain hunters a true opportunity, or if the market has already factored in all the risks and future potential for Dorchester Minerals. With Dorchester Minerals trading at a price-to-earnings ratio of 14x, its latest close of $23.05 suggests the stock is attractively valued when compared to similar companies in the sector. The price-to-earnings (P/E) ratio is a widely used valuation metric that compares a company’s current share price to its per-share earnings. In the oil and gas industry, the P/E can help gauge whether the market is expecting more or less profit growth moving forward. Dorchester Minerals’ P/E of 14x is much lower than the average peer group P/E of 26x, which may indicate that the market is discounting recent earnings declines or is cautious about commodity price swings. While the company’s ratio stands above the US oil and gas sector average of 13.4x, it still appears to offer comparative value for long-term holders who are optimistic about an earnings rebound. See what the numbers say about this price — find out in our valuation breakdown. Result: Price-to-Earnings of 14x (UNDERVALUED) However, ongoing commodity price volatility and uncertain earnings growth could pose challenges that may change Dorchester Minerals' perceived value story in the future. Find out about the key risks to this Dorchester Minerals narrative. Looking at Dorchester Minerals through our DCF model tells a very different s...
Investor releaseQuarter not tagged2025-11-07Dorchester Minerals, L.P. Announces Third Quarter Results
GlobeNewswire
Dorchester Minerals, L.P. Announces Third Quarter Results
DALLAS, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended September 30, 2025 of $11,173,000, or $0.23 per common unit. A comparison of the Partnership’s consolidated results for the quarters ended September 30, 2025 and 2024 are set forth below: The Partnership previously declared its third quarter distribution in the amount of $0.689883 per common unit payable on November 13, 2025 to common unitholders of record as of November 3, 2025. The Partnership’s cash distributions are not comparable to its net earnings due to timing and other differences including depletion. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests located in 28 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission. Contact: Martye Miller (214) 559-0300
Investor releaseQuarter not tagged2025-10-24Dorchester Minerals, L.P. Announces Its Third Quarter Distribution
GlobeNewswire
Dorchester Minerals, L.P. Announces Its Third Quarter Distribution
DALLAS, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s third quarter 2025 cash distribution. The distribution of $0.689883 per common unit represents activity for the three-month period ended September 30, 2025 and is payable on November 13, 2025 to common unitholders of record as of November 3, 2025. Cash receipts attributable to the Partnership’s Royalty Properties during the third quarter totaled approximately $33.0 million. Approximately 70% of these receipts reflect oil sales during June 2025 through August 2025 and natural gas sales during May 2025 through July 2025, and approximately 30% from prior sales periods. Cash receipts attributable to the Partnership’s Net Profits Interest during the third quarter totaled approximately $5.1 million. Approximately 47% of these receipts reflect oil sales and natural gas sales during May 2025 through July 2025, and approximately 53% from prior sales periods. Cash receipts attributable to lease bonus and other income during the third quarter totaled approximately $0.4 million. Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests located in 28 states. Its common units trade on the Nasdaq Global Select Market under the symbol DMLP. This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Although a portion of Dorchester Minerals, L.P.’s income may not be effectively connected income and may be subject to alternative withholding procedures, brokers and nominees should treat 100% of Dorchester Minerals, L.P.’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Dorchester Minerals, L.P.’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest marginal rate for individuals or corporations, as applicable. Nominees, and not Dorchester Minerals, L.P., are treated as withholding agents responsible for withholding on distributions received by them on behalf of non-U.S. investors. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, u...
Investor releaseQuarter not tagged2025-08-21Will Slower Earnings Growth Shift Dorchester Minerals' (DMLP) Profitability Story?
Simply Wall St.
Will Slower Earnings Growth Shift Dorchester Minerals' (DMLP) Profitability Story?
Dorchester Minerals, L.P. recently reported its second quarter 2025 earnings, showing revenue of US$32.4 million and net income of US$11.91 million, both down compared to the previous year. While quarterly sales increased sharply, the lower net income and revenue highlight changing market conditions impacting the company's profitability. We'll look at how the slowdown in quarterly earnings growth shapes the investment narrative for Dorchester Minerals. The end of cancer? These 26 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. To be a Dorchester Minerals shareholder, you have to be comfortable with some fundamental swings in operating performance, especially in how market conditions can rapidly affect both revenues and profits. The latest quarterly results showed a sharp drop in net income despite a jump in sales, aligning with recent market pressures that have weighed on earnings across the oil and gas sector. This underlines a key risk: Dorchester’s high cash distribution model is under strain when profit margins compress, raising new questions about the short-term sustainability of its historically generous dividends. Looking ahead, the recent earnings dip is likely to put even greater focus on management’s ability to weather commodity price cycles and operational shifts. While this quarter’s headline drop may not drastically shift the company’s core long-term catalysts, it certainly sharpens the spotlight on risks tied to payout levels and profitability trends. But with distributions less secure, investor caution has become even more warranted. Despite retreating, Dorchester Minerals' shares might still be trading above their fair value and there could be some more downside. Discover how much. Simply Wall St Community fair value estimates for Dorchester Minerals all cluster at US$72.15, suggesting strong agreement on potential undervaluation. However, with five-year total returns still very large and profits now under pressure, it is clear opinions on the company’s prospects can be sharply divided. Take time to review these viewpoints alongside recent earnings to get a more complete picture. Explore another fair value estimate on Dorchester Minerals - why the stock might be worth over 2x more than the current price! Disagree with this assessment? Create your own narrative...
Investor releaseQuarter not tagged2025-08-08Dorchester Minerals, L.P. Announces Second Quarter Results
GlobeNewswire
Dorchester Minerals, L.P. Announces Second Quarter Results
DALLAS, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended June 30, 2025 of $12,347,000, or $0.25 per common unit. A comparison of the Partnership’s consolidated results for the quarters ended June 30, 2025 and 2024 are set forth below: The Partnership previously declared its second quarter distribution in the amount of $0.620216 per common unit payable on August 14, 2025 to common unitholders of record as of August 4, 2025. The Partnership’s cash distributions are not comparable to its net earnings due to timing and other differences including depletion. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests located in 28 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission.
Investor releaseQuarter not tagged2025-07-25Dorchester Minerals, L.P. Announces Its Second Quarter Distribution
GlobeNewswire
Dorchester Minerals, L.P. Announces Its Second Quarter Distribution
DALLAS, July 24, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s second quarter 2025 cash distribution. The distribution of $0.620216 per common unit represents activity for the three-month period ended June 30, 2025 and is payable on August 14, 2025 to common unitholders of record as of August 4, 2025. Cash receipts attributable to the Partnership’s Royalty Properties during the second quarter totaled approximately $26.6 million. Approximately 73% of these receipts reflect oil sales during March 2025 through May 2025 and natural gas sales during February 2025 through April 2025, and approximately 27% from prior sales periods. Cash Receipts attributable to the Partnership’s Net Profits Interest during the second quarter totaled approximately $3.1 million. Approximately 66% of these receipts reflect oil sales and natural gas sales during February 2025 through April 2025, and approximately 34% from prior sales periods. Cash receipts attributable to lease bonus and other income during the second quarter totaled approximately $4.2 million. The Partnership also announced today that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/DMLP. A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor. To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at 877-222-3204. Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 28 states. Its common units trade on the Nasdaq Global Select Market under the symbol DMLP. This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (...

