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Dorchester Minerals NasdaqGS:DMLP Stock Report

Last Price

US$30.77

Market Cap

US$1.3b

7D

-5.7%

1Y

-3.1%

Updated

23 Jul, 2024

Data

Company Financials

Dorchester Minerals, L.P.

NasdaqGS:DMLP Stock Report

Market Cap: US$1.3b

DMLP Stock Overview

Engages in the acquisition, ownership, and administration of royalty properties in the United States.

DMLP fundamental analysis
Snowflake Score
Valuation2/6
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$30.77
52 Week HighUS$35.74
52 Week LowUS$27.16
Beta1.09
11 Month Change-0.42%
3 Month Change-12.11%
1 Year Change-3.09%
33 Year Change78.38%
5 Year Change64.55%
Change since IPO92.31%

Recent News & Updates

Dorchester Minerals: Acquisitions Provide A Temporary Boost To Its Distributions

May 24

Recent updates

Dorchester Minerals: Acquisitions Provide A Temporary Boost To Its Distributions

May 24

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-5.7%-0.2%-1.1%
1Y-3.1%9.6%20.0%

Return vs Industry: DMLP underperformed the US Oil and Gas industry which returned 9.6% over the past year.

Return vs Market: DMLP underperformed the US Market which returned 20% over the past year.

Price Volatility

Is DMLP's price volatile compared to industry and market?
DMLP volatility
DMLP Average Weekly Movement3.7%
Oil and Gas Industry Average Movement4.9%
Market Average Movement5.9%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: DMLP's weekly volatility (4%) 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$1.27b
Earnings (TTM)US$100.64m
Revenue (TTM)US$148.84m

12.3x

P/E Ratio

8.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DMLP income statement (TTM)
RevenueUS$148.84m
Cost of RevenueUS$6.34m
Gross ProfitUS$142.50m
Other ExpensesUS$41.85m
EarningsUS$100.64m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.51
Gross Margin95.74%
Net Profit Margin67.62%
Debt/Equity Ratio0%

How did DMLP perform over the long term?

See historical performance and comparison

Dividends

11.4%

Current Dividend Yield

129%

Payout Ratio

Does DMLP pay a reliable dividends?

See DMLP dividend history and benchmarks
When do you need to buy DMLP by to receive an upcoming dividend?
Dorchester Minerals dividend dates
Ex Dividend DateJul 29 2024
Dividend Pay DateAug 08 2024
Days until Ex dividend5 days
Days until Dividend pay date15 days

Does DMLP pay a reliable dividends?

See DMLP dividend history and benchmarks
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