Dorchester Minerals

Dorchester Minerals LP engages in the acquisition, ownership, and administration of royalty properties and net profits interests (NPI). The NPI represents a net profits overriding royalty interest burdening various properties owned by its operating partnership. Royalty properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests. The company was founded in 1982 and is headquartered in Dallas, TX.

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Dorchester Minerals, L.P.'s proposed partnership agreement amendment would not allow it to make significantly larger acquisitions that it is currently allowed to do. The amendment would give it more flexibility in structuring acquisitions, by allowing the use of asset sale proceeds to pay for an acquisition. Dorchester would also be allowed to use a mix of cash and equity to pay for an acquisition, with limits similar to its limits for all-cash and all-equity acquisitions.

Dorchester Minerals: Now Undervalued After Recent Unit Price Pullback

DALLAS, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that it has completed an acquisition of mineral and royalty interests totaling approximately 3,355 gross acres and 568 net royalty acres located in three counties in Texas.

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

DALLAS, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended June 30, 2023 of $19,804,000, or $0.50 per common unit.

Dorchester Minerals, L.P. Announces Second Quarter Results

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The energy sector has been in near-term lows for some time now, and has rebounded well, however there is still plenty of opportunity for income investors. Combined, these stocks represent all of the oil supply chain from upstream, midstream, and downstream. I think all of these stocks are fairly recession resistant, and will be able to continue their dividend in troubled times.

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DALLAS, July 20, 2023 (GLOBE NEWSWIRE) -- (NASDAQ:DMLP) announced today the Partnership's second quarter 2023 cash distribution. The distribution of $0.676818 per common unit represents activity for the three-month period ended June 30, 2023 and is payable on August 10, 2023 to common unitholders of record as of July 31, 2023.

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

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Months ago, I first queried YCharts for U.S. dividend stocks yielding greater than 5% annually and solely pegged “attractive” in Y-ratings (ranging from “not-rated” to “avoid”, “neutral”, or “attractive”). My recent query revealed June's divvy nifty 53 stocks; of which, 50 measure up to the dogcatcher-ideal of promising dividend payouts, from $1k invested, greater-than their single-share prices. How're they doin' now? The top ten ranged 12.08% to 43.78% in annual yield and ranged 37.59% to 53.11% in one-year price-target-upsides per brokers as of 6/1/23.

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Dorchester Minerals has an asset-light business model that de-risks it from the boom-and-bust cycle of the energy sector. DMLP's high profitability and low valuation make it attractive for investors, particularly income-seekers. Dorchester Minerals' focus on returning free cash flow to unitholders provides an edge in beating the market.

Dorchester Minerals Has An Extra Lever Against The Market

Dorchester announced a Q1 2023 distribution of $0.989656 per unit, well above my expectations for $0.80 to $0.85 per unit. This was driven by increased production, particularly NPI production.

Dorchester Minerals: Q1 2023 Distribution Reached Nearly $1 Due To Increased Production

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With the majority of the company's wells in the Midland and Permian basins, a low breakeven cost should keep this company profitable even in a downturn. The remainder of the wells in the Bakken has a higher breakeven but are still lower than energy is likely to reach.

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DALLAS, May 04, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended March 31, 2023 of $28,070,000, or $0.71 per common unit.

Dorchester Minerals, L.P. Announces First Quarter Results

DALLAS, April 20, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's first quarter 2023 cash distribution. The distribution of $0.989656 per common unit represents activity for the three-month period ended March 31, 2023 and is payable on May 11, 2023 to common unitholders of record as of May 1, 2023.

Dorchester Minerals, L.P. Announces Its First Quarter Distribution and Investor Presentation

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Dorchester Minerals, L.P.'s margins remain strong due to its production being around 65% oil and nearly 75% royalty based. Dorchester's NPI production spiked up in Q4 2022, which should benefit its Q1 2023 distribution due to the timing of cash receipts.

Dorchester Minerals: Q1 2023 Distribution Benefits From Cash Receipts Timing

DALLAS, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership's net income for the year ended December 31, 2022 of $130,607,000 or $3.35 per common unit.

Dorchester Minerals, L.P. Announces 2022 Results

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Dorchester Minerals, L.P. is one of the best-managed publicly-traded royalty companies. Dorchester Minerals units offer a 10% yield and have 7.5% upside to our price target.

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DALLAS, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's fourth quarter 2022 cash distribution. The distribution of $0.884339 per common unit represents activity for the three-month period ended December 31, 2022 and is payable on February 9, 2023 to common unitholders of record as of January 30, 2023.

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

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