Dorchester Minerals LP

Dorchester Minerals LP

DMLP · NASDAQ · Energy / Oil & Gas E&P

28.75USD+0.29 (+1.00%)

Price History

Full chart

Market Stats

Previous Close28.46
Open28.69
Day Range28.40 – 29.08
52-Week Range18.97 – 30.54
Volume84.22K
Market Cap1.44B
P/E (TTM)16.56
Forward P/E20.79
EPS1.77
Dividend Yield10.99%
Beta0.52
50-Day Avg28.13
200-Day Avg26.43

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. Bradley J. Ehrman
  • Employees26
  • Headquarters3838 Oak Lawn Avenue, Dallas, TX, United States, 75219-4541, USA
  • Websitehttps://www.dmlp.net

Leadership

  • Mr. Bradley J. EhrmanChief Executive Officer · b. 1977
  • Ms. Leslie A. Moriyama A.C.A.Chief Financial Officer · b. 1978
  • Ms. Martye MillerInvestor Relations Manager

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue25.18M26.78M18.74M49.22M56.77M79.77M74.93M65.36M89.92M43.63M49.05M53.96M63.20M65.87M65.17M31.86M37.56M57.29M73.28M78.80M46.93M93.42M170.80M163.80M161.52M152.83M
Growth (%)-+6.34%-30.03%+162.70%+15.32%+40.51%-6.07%-12.76%+37.57%-51.48%+12.42%+10.02%+17.12%+4.22%-1.06%-51.11%+17.87%+52.54%+27.90%+7.53%-40.45%+99.08%+82.82%-4.10%-1.39%-5.38%
Cost of Revenue5.78M4.88M2.81M1.11M1.21M3.61M4.06M3.87M4.77M3.36M4.17M4.88M21.38M18.27M15.51M13.65M11.60M13.94M14.46M19.95M17.60M18.06M31.97M38.52M57.14M82.16M
Gross Profit25.18M21.90M15.93M48.11M55.56M76.16M70.87M61.50M85.15M40.27M44.88M49.09M41.83M47.60M49.66M18.21M25.96M43.35M58.82M58.85M29.33M75.36M138.83M125.28M104.38M70.68M
Gross Margin100.00%81.77%85.03%97.74%97.88%95.48%94.58%94.08%94.69%92.29%91.50%90.97%66.18%72.26%76.21%57.17%69.11%75.67%80.27%74.68%62.49%80.67%81.28%76.48%64.62%46.24%
Operating Expense1.78M4.47M5.32M75.25M25.73M23.74M21.53M19.16M18.70M19.31M10.07M6.91M3.81M4.20M5.14M4.97M4.99M4.93M4.91M6.09M7.46M5.19M8.22M11.16M11.93M13.32M
Operating Income23.40M17.42M10.61M-27.14M29.84M52.42M49.34M42.34M66.45M20.95M34.81M42.18M38.01M43.40M44.53M13.25M20.97M38.42M53.91M52.77M21.87M70.17M130.61M114.12M92.45M57.35M
Operating Margin92.92%65.07%56.63%-55.13%52.56%65.72%65.85%64.77%73.89%48.03%70.97%78.16%60.14%65.89%68.32%41.58%55.83%67.07%73.57%66.96%46.60%75.11%76.47%69.67%57.24%37.53%
EBITDA25.18M20.31M13.48M40.31M50.63M73.33M67.81M57.20M80.85M37.28M52.80M60.53M54.59M56.54M53.87M23.32M29.47M47.73M62.85M66.07M34.02M80.86M149.90M140.62M135.22M123.65M
EBITDA Margin100.00%75.86%71.93%81.89%89.19%91.94%90.50%87.51%89.91%85.44%107.64%112.16%86.38%85.84%82.65%73.20%78.48%83.30%85.77%83.84%72.49%86.55%87.76%85.85%83.71%80.91%
Net Income17.96M18.35M12.96M-26.83M30.08M52.77M50.21M43.05M66.78M21.68M34.88M42.22M38.02M43.58M45.24M13.26M20.97M38.42M53.91M52.77M21.87M70.17M130.61M110.39M92.45M57.35M
Net Income Margin71.33%68.53%69.18%-54.50%52.98%66.16%67.01%65.86%74.27%49.69%71.12%78.23%60.16%66.16%69.42%41.60%55.83%67.07%73.57%66.96%46.60%75.11%76.47%67.39%57.24%37.53%
R&D-----------00000000-------
R&D as % of Total Revenue-----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense036.00K15.00K130.00K00000012.05M15.53M7.95M10.35M8.87M995.00K4.82M8.01M0000----
Interest Expense % of Total Revenue0.00%0.13%0.08%0.26%0.00%0.00%0.00%0.00%0.00%0.00%24.56%28.77%12.57%15.71%13.61%3.12%12.84%13.99%0.00%0.00%0.00%0.00%----

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets5.78M41.45M40.10M198.95M206.17M200.83M168.43M154.25M139.56M152.77M153.11M142.77M123.80M112.78M97.51M73.73M67.21M92.05M87.92M116.88M88.33M146.81M176.24M191.06M366.81M309.55M
Total Liabilities5.78M4.12M1.23M512.00K1.03M945.00K629.00K804.00K980.00K737.00K710.00K658.00K537.00K961.00K985.00K558.00K275.00K1.30M1.28M4.55M3.76M4.40M4.72M5.51M5.02M4.32M
Total Equity02.51M38.87M198.44M205.14M199.88M167.80M153.45M138.58M152.03M152.40M142.11M-247.00M111.82M96.52M73.17M66.94M90.75M-307.01M111.11M84.03M141.43M170.84M185.44M363.79M310.06M
Cash15.77M18.44M23.13M10.88M12.37M23.39M13.93M15.00M16.21M10.12M11.25M14.24M13.79M15.18M15.91M7.14M8.21M13.83M18.29M15.34M11.23M28.31M40.75M47.02M42.51M41.94M
Total Debt-------------------2.50M2.19M1.89M1.59M1.31M1.04M777.00K
Net Debt--18.44M-23.13M-10.88M-12.37M-23.39M-13.93M-15.00M-16.21M-10.12M-11.25M-14.24M-13.79M-15.18M-15.91M-7.14M-8.21M-13.83M-18.29M-12.84M-9.05M-26.42M-39.16M-45.71M-41.47M-41.16M

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow18.53M21.03M12.17M38.52M48.68M69.11M72.78M58.43M82.91M37.40M52.76M55.50M56.42M56.40M57.66M27.69M28.28M44.03M62.52M66.11M39.41M70.31M147.05M139.84M132.64M132.49M
Investing Cash Flow--5.55M4.24M28.00K506.00K-60.00K50.00K43.00K-1.25M564.00K-6.00K003.62M140.00K-616.00K-616.00K-60.00K1.84M6.13M2.58M2.09M2.28M14.72M3.89M
Financing Cash Flow--12.81M-11.72M-50.80M-47.70M-58.03M-82.30M-57.40M-81.65M-44.73M-52.20M-52.51M-56.87M-55.02M-60.54M-36.61M-27.20M-37.80M-58.01M-70.90M-49.64M-55.81M-136.69M-135.85M-151.88M-136.94M
Capital Expenditure496.00K5.59M321.00K40.00K562.00K110.00K012.00K50.00K6.00K119.00K6.00K001.06M1.06M1.06M1.06M60.00K0000000
Free Cash Flow-15.44M11.85M38.48M48.12M69.00M72.78M58.42M82.86M37.39M52.64M55.49M56.42M56.40M57.66M27.69M28.28M42.97M62.46M66.11M39.41M70.31M147.05M139.84M132.64M132.49M
Dividends Paid9.33M12.81M11.72M50.80M47.70M58.03M82.30M57.40M81.65M44.73M52.20M52.51M56.87M55.02M60.54M36.61M27.20M37.80M58.01M70.90M49.64M55.81M136.69M131.56M146.52M132.02M
FCF to OCF-73.43%97.36%99.90%98.85%99.84%100.00%99.98%99.94%99.98%99.77%99.99%100.00%100.00%100.00%100.00%100.00%97.60%99.90%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-82.94%98.89%132.00%99.14%84.10%113.07%98.26%98.54%119.63%99.15%94.62%100.79%97.55%104.99%132.20%96.19%87.96%92.86%107.25%125.97%79.39%92.96%94.08%110.47%99.65%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998May 28, 2003Aug 12, 2003Nov 7, 2003Mar 5, 2004May 3, 2004Aug 3, 2004Nov 3, 2004Mar 8, 2005May 3, 2005Aug 3, 2005Nov 3, 2005May 2, 2006Aug 3, 2006Nov 6, 2006Mar 6, 2007May 3, 2007Aug 7, 2007Nov 5, 2007Mar 4, 2008May 9, 2008Aug 5, 2008Nov 6, 2008Mar 3, 2009May 8, 2009Aug 6, 2009Nov 6, 2009Feb 22, 2010May 6, 2010Aug 5, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017May 4, 2017Aug 3, 2017Nov 3, 2017Mar 8, 2018May 3, 2018Aug 6, 2018Nov 1, 2018Feb 21, 2019May 2, 2019Aug 1, 2019Oct 31, 2019Feb 20, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Mar 11, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 10, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 22, 2024May 2, 2024Aug 1, 2024Oct 31, 2024Feb 20, 2025Apr 30, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-------------------------------------------------------------------------------------------------
EPS Actual0.230.220.180.18-0.68-0.600.200.240.260.280.280.270.350.560.450.580.360.340.310.420.330.420.530.800.640.330.130.160.140.290.290.250.310.240.310.360.460.230.270.260.440.240.380.340.410.410.400.340.270.130.120.080.090.050.190.210.220.270.270.260.220.430.330.490.280.520.420.380.350.350.250.030.160.180.330.460.490.650.800.960.880.720.710.500.730.900.440.570.870.290.360.250.230.320.590.62-
Surprise-------------------------------------------------------------------------------------------------
Timing------------------------------------------------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.44B
Enterprise Value1.36B
Trailing P/E16.56
Forward P/E20.79
PEG Ratio0.83
Price / Sales7.72
Price / Book4.70
EPS1.77
Book Value6.40
Revenue (TTM)186.39M
Gross Profit (TTM)173.14M
EBITDA158.93M
Profit Margin45.30%
Operating Margin55.05%
Return on Equity28.02%
Return on Assets17.07%
Shares Outstanding49.09M
Shares Float46.13M
Beta0.52
Dividend Yield10.99%
Dividend Rate3.19
Payout Ratio1.82%

Ownership Breakdown

Institutions
25.66%
Insiders
9.21%
Retail / Other
65.13%

Top Institutional Holders

  • Morgan Stanley - Brokerage Accounts
    1.78M3.62%
  • Adams Asset Advisors LLC
    910.93K1.86%
  • Horizon Asset Management Inc/ny
    860.23K1.75%
  • Turtle Creek Wealth Advisors LLC
    842.23K1.72%
  • Hollow Brook Wealth Management, LLC
    803.02K1.64%
  • Midfirst Bank
    500.74K1.02%
  • Botty Investors LLC
    499.90K1.02%
  • Meixler Investment Management, Ltd.
    369.04K0.75%
  • Royce & Associates, LP
    338.63K0.69%
  • Delta Investment Management, LLC
    285.04K0.58%
  • Natixis SA
    234.40K0.48%
  • Yale Capital Corp
    207.50K0.42%
  • Wiley Bros.-Aintree Capital, LLC
    187.18K0.38%
  • Freestone Capital Holdings, LLC
    187.00K0.38%
  • Kingsview Wealth Management, LLC
    171.31K0.35%
  • First Trust Advisors L.P.
    169.40K0.35%
  • Bank of America Corp
    148.85K0.30%

Top Fund Holders

  • Royce Small-Cap Trust
    279.15K0.57%
  • Horizon Kinetics Inflation Bnfcrs ETF
    178.30K0.36%
  • Multi-Asset Diversified Income ETF
    175.39K0.36%

Dividends

20264×
0.88Nov 2, 20261.27Aug 3, 20260.47May 4, 20260.76Feb 2, 2026
20254×
0.69Nov 3, 20250.62Aug 4, 20250.73May 5, 20250.74Feb 3, 2025
20244×
1.00Oct 28, 20240.70Jul 29, 20240.78Apr 26, 20241.01Jan 26, 2024
20234×
0.84Oct 27, 20230.68Jul 28, 20230.99Apr 28, 20230.88Jan 27, 2023
20224×
1.14Oct 28, 20220.97Jul 29, 20220.75Apr 29, 20220.64Jan 28, 2022
20214×
0.51Oct 29, 20210.48Jul 30, 20210.30Apr 30, 20210.24Jan 29, 2021

Stock Splits

  • Aug 7, 19892:1
  • Nov 2, 19873:1