DMLP

Dorchester Minerals, L.P.

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Latest Quote

$28.65

-0.06 (-0.21%)
Current Price
Previous Close $28.71
Open $28.70
Day High $28.91
Day Low $28.36
Volume 78,508
Fetched: 2026-08-31T13:11:13
Stock Information
Quarterly Dividend / Yield $3.19 / 11.13%
Shares Outstanding 49.09M
Quarterly Dividend Yield 11.13%
Quarterly Dividend $3.19
Total Debt $3.49M
Cash Equivalents $72.50M
Revenue $186.39M
Net Income $84.43M
Sector Energy
Industry Oil & Gas E&P
Market Cap $1.41B
P/E Ratio 16.37
EPS (TTM) $1.75
Exchange NMS
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Recent Price History
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About Dorchester Minerals, L.P.

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 594 counties and parishes in 28 states; and net profits interests, which represent net profits overriding royalty interests in various properties owned by the operating partnership. The company was founded in 1982 and is based in Dallas, Texas.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $82,156,000 $57,143,000 $38,518,000 $31,972,000
Cost Of Revenue $82,156,000 $57,143,000 $38,518,000 $31,972,000
Total Revenue $152,832,000 $161,523,000 $163,799,000 $170,800,000
Operating Revenue $151,151,000 $159,635,000 $161,537,000 $170,130,000
Expenses
Total Expenses $95,480,000 $69,074,000 $49,682,000 $40,193,000
Operating Expense $13,324,000 $11,931,000 $11,164,000 $8,221,000
General And Administrative Expense $13,324,000 $11,931,000 $11,164,000 $8,221,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $57,352,000 $92,449,000 $114,117,000 $130,607,000
Normalized Income $57,352,000 $92,449,000 $114,117,000 $130,607,000
Net Income From Continuing And Discontinued Operation $57,352,000 $92,449,000 $114,117,000 $130,607,000
Net Income Common Stockholders $55,252,000 $89,200,000 $110,389,000 $126,121,000
Net Income $57,352,000 $92,449,000 $114,117,000 $130,607,000
Net Income Including Noncontrolling Interests $57,352,000 $92,449,000 $114,117,000 $130,607,000
Net Income Continuous Operations $57,352,000 $92,449,000 $114,117,000 $130,607,000
Pretax Income $57,352,000 $92,449,000 $114,117,000 $130,607,000
Operating Income $57,352,000 $92,449,000 $114,117,000 $130,607,000
Gross Profit $70,676,000 $104,380,000 $125,281,000 $138,828,000
Per Share
Diluted EPS $1.16 $2.13 $2.85 $3.35
Basic EPS $1.16 $2.13 $2.85 $3.35
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $123,815,000 $135,216,000 $140,618,000 $149,899,000
Reconciled Depreciation $66,463,000 $42,767,000 $26,501,000 $19,292,000
EBITDA (Bullshit earnings) $123,815,000 $135,216,000 $140,618,000 $149,899,000
EBIT $57,352,000 $92,449,000 $114,117,000 $130,607,000
Diluted Average Shares $47,654,000 $41,811,000 $38,783,000 $37,624,000
Basic Average Shares $47,654,000 $41,811,000 $38,783,000 $37,624,000
Diluted NI Availto Com Stockholders $55,252,000 $89,200,000 $110,389,000 $126,121,000
Preferred Stock Dividends $2,100,000 $3,249,000 $3,728,000 $4,486,000
Selling General And Administration $13,324,000 $11,931,000 $11,164,000 $8,221,000
Other Gand A $13,324,000 $11,931,000 $11,164,000 $8,221,000
Fetched: 2026-08-19
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $0 $0 $0 $0
Total Assets $309,554,000 $366,812,000 $191,065,000 $176,243,000
Total Non Current Assets $250,610,000 $298,980,000 $121,358,000 $113,776,000
Current Assets $58,944,000 $67,832,000 $69,707,000 $62,467,000
Other Current Assets $526,000 $539,000 - -
Receivables $16,481,000 $24,785,000 $22,682,000 $21,713,000
Accrued Interest Receivable $2,513,000 $5,544,000 $8,275,000 $7,170,000
Accounts Receivable $13,968,000 $19,241,000 $14,407,000 $14,543,000
Cash Cash Equivalents And Short Term Investments $41,937,000 $42,508,000 $47,025,000 $40,754,000
Cash And Cash Equivalents $41,937,000 $42,508,000 $47,025,000 $40,754,000
Debt
Total Debt $777,000 $1,040,000 $1,313,000 $1,594,000
Long Term Debt And Capital Lease Obligation $521,000 $777,000 $1,041,000 $1,313,000
Current Debt And Capital Lease Obligation $256,000 $263,000 $272,000 $281,000
Liabilities
Total Liabilities Net Minority Interest $4,315,000 $5,024,000 $5,508,000 $4,725,000
Total Non Current Liabilities Net Minority Interest $521,000 $777,000 $1,041,000 $1,313,000
Current Liabilities $3,794,000 $4,247,000 $4,467,000 $3,412,000
Payables And Accrued Expenses $3,538,000 $3,984,000 $4,195,000 $3,131,000
Payables $3,538,000 $3,984,000 $4,195,000 $3,131,000
Accounts Payable $3,538,000 $3,984,000 $4,195,000 $3,131,000
Equity
Common Stock Equity $305,239,000 $361,788,000 $185,557,000 $171,518,000
Total Equity Gross Minority Interest $305,239,000 $361,788,000 $185,557,000 $171,518,000
Stockholders Equity $0 $0 $0 $0
Other
Ordinary Shares Number $48,256,000 $47,339,756 $39,583,243 $38,371,493
Share Issued $48,256,000 $47,339,756 $39,583,243 $38,371,493
Tangible Book Value $305,239,000 $361,788,000 $185,557,000 $171,518,000
Invested Capital $305,239,000 $361,788,000 $185,557,000 $171,518,000
Working Capital $55,150,000 $63,585,000 $65,240,000 $59,055,000
Capital Lease Obligations $777,000 $1,040,000 $1,313,000 $1,594,000
Total Capitalization $305,239,000 $361,788,000 $185,557,000 $171,518,000
Total Partnership Capital $305,239,000 $361,788,000 $185,557,000 $171,518,000
General Partnership Capital $-4,825,000 $-1,997,000 $113,000 $676,000
Limited Partnership Capital $310,064,000 $363,785,000 $185,444,000 $170,842,000
Long Term Capital Lease Obligation $521,000 $777,000 $1,041,000 $1,313,000
Current Capital Lease Obligation $256,000 $263,000 $272,000 $281,000
Net PPE $250,610,000 $298,980,000 $121,358,000 $113,776,000
Accumulated Depreciation $-496,341,000 $-430,041,000 $-387,453,000 $-361,146,000
Gross PPE $746,951,000 $729,021,000 $508,811,000 $474,922,000
Leases $989,000 $989,000 $989,000 $989,000
Other Properties $423,000 $586,000 $765,000 $959,000
Treasury Shares Number - - $0 -
Fetched: 2026-08-19
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $132,485,000 $132,639,000 $139,842,000 $147,052,000
Operating Activities
Operating Cash Flow $132,485,000 $132,639,000 $139,842,000 $147,052,000
Cash Flow From Continuing Operating Activities $132,485,000 $132,639,000 $139,842,000 $147,052,000
Investing Activities
Investing Cash Flow $3,888,000 $14,725,000 $2,284,000 $2,089,000
Cash Flow From Continuing Investing Activities $3,888,000 $14,725,000 $2,284,000 $2,089,000
Financing Activities
Financing Cash Flow $-136,944,000 $-151,881,000 $-135,855,000 $-136,693,000
Cash Flow From Continuing Financing Activities $-136,944,000 $-151,881,000 $-135,855,000 $-136,693,000
Cash Dividends Paid $-136,944,000 $-151,881,000 $-135,855,000 $-136,693,000
Common Stock Dividend Paid $-136,944,000 $-151,881,000 $-135,855,000 $-136,693,000
Other
End Cash Position $41,937,000 $42,508,000 $47,025,000 $40,754,000
Beginning Cash Position $42,508,000 $47,025,000 $40,754,000 $28,306,000
Changes In Cash $-571,000 $-4,517,000 $6,271,000 $12,448,000
Net PPE Purchase And Sale $3,888,000 $14,725,000 $2,284,000 $2,089,000
Sale Of PPE $3,888,000 $14,725,000 $2,284,000 $2,089,000
Change In Working Capital $8,670,000 $-2,577,000 $-776,000 $-2,847,000
Change In Other Current Liabilities $-263,000 $-273,000 $-281,000 $-291,000
Change In Payables And Accrued Expense $-135,000 $-522,000 $1,052,000 $930,000
Change In Payable $-135,000 $-522,000 $1,052,000 $930,000
Change In Account Payable $-135,000 $-522,000 $1,052,000 $930,000
Change In Prepaid Assets $13,000 $133,000 $25,000 -
Change In Receivables $9,055,000 $-1,915,000 $-1,572,000 $-3,486,000
Changes In Account Receivables $6,024,000 $-4,646,000 $-467,000 $-3,138,000
Depreciation Amortization Depletion $66,463,000 $42,767,000 $26,501,000 $19,292,000
Depreciation And Amortization $66,463,000 $42,767,000 $26,501,000 $19,292,000
Depreciation $66,463,000 $42,767,000 $26,501,000 $19,292,000
Net Income From Continuing Operations $57,352,000 $92,449,000 $114,117,000 $130,607,000
Net Business Purchase And Sale - - $2,284,000 $2,089,000
Sale Of Business - - $2,284,000 $2,089,000
Fetched: 2026-08-19