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DMLP

Dorchester Minerals NasdaqGS:DMLP Stock Report

Last Price

US$28.93

Market Cap

US$1.1b

7D

1.0%

1Y

-4.4%

Updated

29 Nov, 2023

Data

Company Financials

Dorchester Minerals, L.P.

NasdaqGS:DMLP Stock Report

Mkt Cap: US$1.1b

DMLP Stock Overview

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests 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$28.93
52 Week HighUS$33.18
52 Week LowUS$26.50
Beta1.15
1 Month Change2.59%
3 Month Change3.84%
1 Year Change-4.36%
3 Year Change161.57%
5 Year Change70.98%
Change since IPO80.81%

Recent News & Updates

Recent updates

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
7D1.0%-0.7%0.09%
1Y-4.4%-7.0%10.4%

Return vs Industry: DMLP exceeded the US Oil and Gas industry which returned -5.7% over the past year.

Return vs Market: DMLP underperformed the US Market which returned 13.3% over the past year.

Price Volatility

Is DMLP's price volatile compared to industry and market?
DMLP volatility
DMLP Average Weekly Movement3.0%
Oil and Gas Industry Average Movement5.2%
Market Average Movement6.0%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: DMLP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1982n/aBrad Ehrmanhttps://www.dmlp.net

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests in the United States. Its royalty properties consist of producing and nonproducing mineral, royalty, and overriding royalty, net profits, and leasehold interests in 592 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$1.15b
Earnings (TTM)US$102.49m
Revenue (TTM)US$145.68m

11.2x

P/E Ratio

7.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DMLP income statement (TTM)
RevenueUS$145.68m
Cost of RevenueUS$5.23m
Gross ProfitUS$140.45m
Other ExpensesUS$37.96m
EarningsUS$102.49m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.59
Gross Margin96.41%
Net Profit Margin70.35%
Debt/Equity Ratio0%

How did DMLP perform over the long term?

See historical performance and comparison

Dividends

12.9%

Current Dividend Yield

128%

Payout Ratio