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Dorchester Minerals L p   (DMLP)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $30.8800 $-0.03 -0.097%
Day's High: $31.3 Week Perf: 3.28 %
Day's Low: $ 30.86 30 Day Perf: -1.72 %
Volume (M): 46 52 Wk High: $ 33.60
Volume (M$): $ 1,411 52 Wk Avg: $29.69
Open: $31.17 52 Wk Low: $26.50



 Market Capitalization (Millions $) 1,196
 Shares Outstanding (Millions) 39
 Employees 24
 Revenues (TTM) (Millions $) 164
 Net Income (TTM) (Millions $) 114
 Cash Flow (TTM) (Millions $) 6
 Capital Exp. (TTM) (Millions $) 0

Dorchester Minerals L P

Dorchester Minerals, L.P. is a publicly traded Delaware limited partnership that commenced operations on January 31, 2003, upon the combination of Dorchester Hugoton, Ltd., Republic Royalty Company, L.P. and Spinnaker Royalty Company, L.P. Dorchester Hugoton was a publicly traded Texas limited partnership, and Republic and Spinnaker were private Texas limited partnerships. Our common units are listed on the NASDAQ Global Select Market. American Stock Transfer & Trust Company is our registrar and transfer agent and its address and telephone number is 6201 15th Avenue, Brooklyn, NY 11219, (800) 937-5449. Our executive offices are located at 3838 Oak Lawn Avenue, Suite 300, Dallas, Texas, 75219-4541, and our telephone number is (214) 559-0300. We have established a website at www.dmlp.net that contains the last annual meeting presentation and a link to the NASDAQ website.

Our general partner is Dorchester Minerals Management LP, which is managed by its general partner, Dorchester Minerals Management GP LLC. As a result, the Board of Managers of Dorchester Minerals Management GP LLC exercises effective control of our Partnership. In this report, the term "general partner" is used as an abbreviated reference to Dorchester Minerals Management LP. Our general partner also controls and owns, directly and indirectly, all of the partnership interests in Dorchester Minerals Operating LP and its general partner. Dorchester Minerals Operating LP owns working interests and other properties underlying our Net Profits Interests (or “NPIs”), provides day-to-day operational and administrative services to us and our general partner, and is the employer of all the employees who perform such services. In this report, the term "operating partnership" is used as an abbreviated reference to Dorchester Minerals Operating LP.

Our general partner and the operating partnership are Delaware limited partnerships, and the general partners of their general partners are Delaware limited liability companies. These entities and our Partnership were initially formed in December 2001 in connection with the combination. Our wholly owned subsidiary, Dorchester Minerals Oklahoma LP and its general partner are Oklahoma entities that acquired our wholly owned acquisition subsidiary and its general partner by merger on December 31, 2009. On March 31, 2010, we formed a new subsidiary, and it acquired all of the outstanding partnership interests in Maecenas Minerals LLP, a Texas limited liability partnership.


Many aspects of the production, pricing and marketing of crude oil and natural gas are regulated by federal and state agencies. Legislation affecting the oil and natural gas industry is under constant review for amendment or expansion, which frequently increases the regulatory burden on affected members of the industry.

Exploration and production operations are subject to various types of regulation at the federal, state and local levels. Such regulation includes:

permits for the drilling of wells;

bonding requirements in order to drill or operate wells;

the location and number of wells;

the method of drilling and completing wells;

the surface use and restoration of properties upon which wells are drilled;

the plugging and abandonment of wells;

numerous federal and state safety requirements;

environmental requirements;

property taxes and severance taxes; and

specific state and federal income tax provisions.

Oil and natural gas operations are also subject to various conservation laws and regulations. These regulations govern the size of drilling and spacing units or proration units and the density of wells that may be drilled and the unitization or pooling of oil and natural gas properties. In addition, state conservation laws establish a maximum allowable production from oil and natural gas wells. These state laws also generally prohibit the venting or flaring of natural gas and impose certain requirements regarding the ratability of production. These regulations can limit the amount of oil and natural gas that the operators of our properties can produce.

 



   Company Address: 3838 Oak Lawn Avenue, Suite 300 Dallas 75219 TX
   Company Phone Number: 559-0300   Stock Exchange / Ticker: NASDAQ DMLP
   


Customers Net Income fell by DMLP's Customers Net Profit Margin fell to

-33.54 %

2.95 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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• View Complete Report
   



Management Changes

Dorchester Minerals Appoints New Manager Amidst Strong Financial Performance

Published Fri, Jan 12 2024 8:47 PM UTC



DALLAS, Jan. 12, 2024 - Dorchester Minerals, L.P. (NASDAQ-DMLP), a prominent player in the Energy sector, has announced the appointment of Ms. Lesley Carver as the newly appointed manager of the board of managers of Dorchester Minerals Management GP LLC, effective January 10, 2024. The notification was received from Yelar Partners, L.L.P., signifying a shift in lea...

Dorchester Minerals L P

Fiscal Bloodbath at Dorchester Minerals L P: Shocking Revenue Plunge and Plummeting Profits Unveiled for Q2 2023



The latest financial results of Dorchester Minerals L.P have unveiled a concerning picture for the company's profitability. With declines in net profit per share, income, revenue, and net earnings, the business faces significant challenges in the coming quarters. Moreover, the reduction in operating margin and accounts receivable suggest potential hurdles ahead. This article will explore these facts and discuss their potential impact on Dorchester Minerals L.P's future.
Declining Profitability:
Dorchester Minerals L.P witnessed a drastic decline in net profit per share, plummeting by -47.92% to $0.50 compared to $0.96 in the previous year. Similarly, income faded by -29.58%, dropping from $0.71 per share in the prior reporting season to $0.50 per share in the most recent fiscal period. These figures indicate a substantial setback in terms of profitability.

Dorchester Minerals L P

Dorchester Minerals LP Experiences Lackluster First Quarter, but Uncovers Surprising Potential Amidst Challenging Market Conditions

Dorchester Minerals L P, an oil and gas production company, recently announced its financial results for the first quarter ending March 31, 2023. The company reported disappointing numbers, with a decrease in earnings per share (EPS) by 11.25% to $0.71 from $0.80, and revenue decreased by 0.579% to $40.17 million year-over-year.
The company's income improved from the prior reporting period, with an increase in EPS from $0.68 per share and an advancement in revenue by 3.302% from $38.88 million. However, overall, earnings of $28.070 million fell by 8.34% compared to the corresponding period a year before.






 

Dorchester Minerals L P's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Dorchester Minerals L P does not provide revenue guidance.

Earnings Outlook
Dorchester Minerals L p does not provide earnings estimates.

 
Geographic Revenue Dispersion




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