GoAI
Get started
Dorchester Minerals, L.P. logo

Dorchester Minerals, L.P.

DMLP

NASDAQEnergyOil & Gas Exploration & Production

Open in GoAI

Previous close

$29.02

+$0.41 · +1.43%

Aug 21, 4:00 PM ET

DMLP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

53

Fair Value

Momentum

42

Neutral

Sentiment

64

Bullish

Risk resilience

75

Moderate Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Dorchester Minerals, L.P. is engaged in the acquisition, ownership, and management of both producing and non-producing royalty, net profit, and leasehold interests related to natural gas and crude oil across the United States. Its extensive royalty holdings encompass mineral, royalty, and overriding royalty interests, spanning 582 counties and parishes in 26 states. The firm's net profits interests represent overriding royalty interests derived from the net earnings of properties held by the operating partnership. Dorchester Minerals Management LP serves as the general partner for Dorchester Minerals, L.P. This Dallas, Texas-based company was established in 1982.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
US
CEO
Bradley J. Ehrman
Listed since
Feb 3, 2003
Employees
26

Market position

Day range

Current $29.02

52-week range

Current $29.02

Open
$28.63
Previous close
$28.61
Volume
192.14K
1.01× average
Average volume
190.26K
Average daily volume
Market cap
1.4B USD
Beta
0.52
Market reference 1
50-day average
$26.6484
+8.90% above average
200-day average
$25.707
+12.89% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.02B USD
P/E (TTM)
16.03×
P/B (TTM)
4.61×
P/S (TTM)
7.29×
EV / EBITDA
8.28×
Earnings yield
5.38%
Free cash flow yield
12.43%
Dividend yield
11.00%

Profitability & efficiency

Gross margin
72.84%
Operating margin
54.29%
Net margin
45.68%
Return on equity
18.50%
Return on assets
18.53%
Return on invested capital
18.74%

Financial health

Debt / equity
0.01×
Current ratio
15.54×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends86%68%51%33%Gross margin, FY2021: 80.67%Gross margin, FY2022: 81.28%Gross margin, FY2023: 76.48%Gross margin, FY2024: 64.62%Gross margin, FY2025: 46.24%Operating margin, FY2021: 75.11%Operating margin, FY2022: 76.47%Operating margin, FY2023: 69.67%Operating margin, FY2024: 57.24%Operating margin, FY2025: 37.53%Net margin, FY2021: 75.11%Net margin, FY2022: 76.47%Net margin, FY2023: 67.39%Net margin, FY2024: 57.24%Net margin, FY2025: 37.53%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 80.67%. Gross margin FY2022 81.28%. Gross margin FY2023 76.48%. Gross margin FY2024 64.62%. Gross margin FY2025 46.24%. Operating margin FY2021 75.11%. Operating margin FY2022 76.47%. Operating margin FY2023 69.67%. Operating margin FY2024 57.24%. Operating margin FY2025 37.53%. Net margin FY2021 75.11%. Net margin FY2022 76.47%. Net margin FY2023 67.39%. Net margin FY2024 57.24%. Net margin FY2025 37.53%.

Income trends

Revenue

152.83M USD-5.38%

Operating income

57.35M USD-37.96%

Net income

57.35M USD-37.96%
Income trends across reported periods182.14M USD136.77M USD91.39M USD46.01M USDRevenue, FY2021: 93.42M USDRevenue, FY2022: 170.8M USDRevenue, FY2023: 163.8M USDRevenue, FY2024: 161.52M USDRevenue, FY2025: 152.83M USDOperating income, FY2021: 70.17M USDOperating income, FY2022: 130.61M USDOperating income, FY2023: 114.12M USDOperating income, FY2024: 92.45M USDOperating income, FY2025: 57.35M USDNet income, FY2021: 70.17M USDNet income, FY2022: 130.61M USDNet income, FY2023: 110.39M USDNet income, FY2024: 92.45M USDNet income, FY2025: 57.35M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 93.42M USD. Revenue FY2022 170.8M USD. Revenue FY2023 163.8M USD. Revenue FY2024 161.52M USD. Revenue FY2025 152.83M USD. Operating income FY2021 70.17M USD. Operating income FY2022 130.61M USD. Operating income FY2023 114.12M USD. Operating income FY2024 92.45M USD. Operating income FY2025 57.35M USD. Net income FY2021 70.17M USD. Net income FY2022 130.61M USD. Net income FY2023 110.39M USD. Net income FY2024 92.45M USD. Net income FY2025 57.35M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue152.83M USD161.52M USD163.8M USD170.8M USD93.42M USD
Cost of goods sold82.16M USD57.14M USD38.52M USD31.97M USD18.06M USD
Gross profit70.68M USD104.38M USD125.28M USD138.83M USD75.36M USD
Selling, general, and administrative13.32M USD11.93M USD11.16M USD8.22M USD5.19M USD
Operating expenses13.32M USD11.93M USD11.16M USD8.22M USD5.19M USD
Depreciation and amortization66.3M USD42.77M USD26.5M USD19.29M USD10.69M USD
Operating income57.35M USD92.45M USD114.12M USD130.61M USD70.17M USD
Net income57.35M USD92.45M USD110.39M USD130.61M USD70.17M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
1.2
FY2025 · -43.66% year over year
Latest fiscal-year revenue
152.83M USD
FY2025 · -5.38% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend3.572.711.840.98FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend178.54M147.59M116.64M85.69MFY21FY22FY23FY24FY25

DMLP news

globenewswire.com

Dorchester Minerals, L.P. Announces Second Quarter Results

DALLAS, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended June 30, 2026 of $30,871,000, or $0.62 per common…

Read source
globenewswire.com

Dorchester Minerals, L.P. Announces Acquisition of Mineral and Royalty Interests

DALLAS, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announces today the closing of the previously announced acquisition of mineral and royalty interests totaling…

Read source
globenewswire.com

Dorchester Minerals, L.P. Announces Its Second Quarter Distribution

DALLAS, July 23, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's second quarter 2026 cash distribution.

Read source
globenewswire.com

Dorchester Minerals, L.P. Announces Agreement to Acquire Mineral and Royalty Interests

NEWS RELEASE Dorchester Minerals, L.P. Release Date: July 6, 2026 3838 Oak Lawn Ave.

Read source
seekingalpha.com

Dorchester Minerals: Overselling Pressures Increased, Buying Opportunities Widened

Dorchester Minerals, LP is well-positioned for current oil market dynamics and growth opportunities, with expanding Permian acreage and a robust, debt-free balance sheet. DMLP delivered its strongest YoY revenue growth…

Read source
seekingalpha.com

Dorchester Minerals: I Am Swimming In Royalties

Dorchester Minerals stands to benefit from sustained high oil prices due to supply disruptions. Q1 2026 distribution disappointed at $0.475/unit, but the 10-Q reveals the reasons for it. We expect the Q2 payout to exceed…

Read source

Corporate actions

Corporate action history

Stock split

Effective Aug 7, 1989

2:1

Stock split

Effective Nov 2, 1987

3:1

DMLP peers

Baker Hughes Company logo

BKR

Baker Hughes Company

$62.34

-0.70%

Diamondback Energy, Inc. logo

FANG

Diamondback Energy, Inc.

$210.72

-0.14%

First Solar, Inc. logo

FSLR

First Solar, Inc.

$214.28

+0.10%

Expand Energy Corporation logo

EXE

Expand Energy Corporation

$96.09

+0.02%

Plains All American Pipeline, L.P. logo

PAA

Plains All American Pipeline, L.P.

$24.61

+0.08%

Viper Energy, Inc. logo

VNOM

Viper Energy, Inc.

$45.27

+0.53%

ETFs holding DMLP

Funds reporting this stock among their holdings, ordered by reported position size.

Horizon Kinetics Inflation Beneficiaries ETF logoHorizon Kinetics Inflation Beneficiaries ETFINFL
Market value
5.17M
Weight
0.31%
AUM
1.48B USD
Expense ratio
0.85%
Price / 1D
$55.64+1.53%
Multi-Asset Diversified Income Index Fund logoMulti-Asset Diversified Income Index FundMDIV
Market value
4.94M
Weight
1.14%
AUM
431.44M USD
Expense ratio
0.83%
Price / 1D
$16.80-0.67%
GraniteShares HIPS US High Income ETF logoGraniteShares HIPS US High Income ETFHIPS
Market value
3.89M
Weight
3.26%
AUM
119.77M USD
Expense ratio
1.17%
Price / 1D
$11.80-0.18%
Invesco Zacks Multi-Asset Income ETF logoInvesco Zacks Multi-Asset Income ETFCVY
Market value
1.06M
Weight
0.85%
AUM
125.03M USD
Expense ratio
1.22%
Price / 1D
$30.485+0.78%
Global X Alternative Income ETF logoGlobal X Alternative Income ETFALTY
Market value
667.87K
Weight
1.36%
AUM
48.92M USD
Expense ratio
0.50%
Price / 1D
$12.3552-0.16%
Amplify Energy & Natural Resources Covered Call ETF logoAmplify Energy & Natural Resources Covered Call ETFNDIV
Market value
242.67K
Weight
0.79%
AUM
30.74M USD
Expense ratio
0.59%
Price / 1D
$36.05+0.52%

Continue in GoAI

Research DMLP

research.disclaimer