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Dorchester Minerals NasdaqGS:DMLP Stock Report

Last Price

US$33.65

Market Cap

US$1.3b

7D

-2.0%

1Y

16.2%

Updated

17 Apr, 2024

Data

Company Financials

Dorchester Minerals, L.P.

NasdaqGS:DMLP Stock Report

Market Cap: US$1.3b

DMLP Stock Overview

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States.

DMLP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

Dorchester Minerals, L.P. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dorchester Minerals
Historical stock prices
Current Share PriceUS$33.65
52 Week HighUS$35.74
52 Week LowUS$27.02
Beta1.08
1 Month Change2.44%
3 Month Change3.28%
1 Year Change16.23%
3 Year Change142.35%
5 Year Change70.12%
Change since IPO110.31%

Recent News & Updates

Dorchester Minerals: Forward Yield Is Estimated At 10%

Mar 05

Dorchester Minerals: Royalty Trust, 13% Yield

Feb 04

Recent updates

Dorchester Minerals: Forward Yield Is Estimated At 10%

Mar 05

Dorchester Minerals: Royalty Trust, 13% Yield

Feb 04

Dorchester Minerals: Lease Bonus Payment Boosts Q3 2022 Distribution

Oct 19

Dorchester Minerals: Not Enough Leverage

Oct 05

Dorchester Minerals Q2 GAAP EPS, revenue more than doubles Y/Y

Aug 04

Dorchester Minerals increases quarterly dividend by 28.5%

Jul 21

Ultimate Inflation Protection 10% Yield: Dorchester Minerals

May 23

Dorchester Minerals: Quarterly Distribution May Exceed $1

Apr 20

Dorchester Minerals: Distribution Could Exceed $0.70 In Future Quarters

Feb 09

Dorchester Minerals: Timing Of Receipts Appears To Have Reduced The Q3 2021 Distribution

Nov 26

Dorchester Minerals: Quarterly Distribution Could Be Around $0.60 Per Unit In Next Few Quarters

Sep 24

Dorchester Minerals: Estimated $1.40 Distribution At $45 WTI Oil

Nov 28

Dorchester Minerals reports Q3 results

Nov 05

Shareholder Returns

DMLPUS Oil and GasUS Market
7D-2.0%-3.0%-3.5%
1Y16.2%10.0%20.2%

Return vs Industry: DMLP exceeded the US Oil and Gas industry which returned 10% over the past year.

Return vs Market: DMLP underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is DMLP's price volatile compared to industry and market?
DMLP volatility
DMLP Average Weekly Movement3.1%
Oil and Gas Industry Average Movement4.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: DMLP has not had significant price volatility in the past 3 months.

Volatility Over Time: DMLP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198227Brad Ehrmanwww.dmlp.net

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 593 counties and parishes in 28 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.

Dorchester Minerals, L.P. Fundamentals Summary

How do Dorchester Minerals's earnings and revenue compare to its market cap?
DMLP fundamental statistics
Market capUS$1.33b
Earnings (TTM)US$110.39m
Revenue (TTM)US$158.02m

12.1x

P/E Ratio

8.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DMLP income statement (TTM)
RevenueUS$158.02m
Cost of RevenueUS$6.44m
Gross ProfitUS$151.59m
Other ExpensesUS$41.20m
EarningsUS$110.39m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.79
Gross Margin95.93%
Net Profit Margin69.86%
Debt/Equity Ratio0%

How did DMLP perform over the long term?

See historical performance and comparison

Dividends

10.5%

Current Dividend Yield

124%

Payout Ratio
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