Dorchester Minerals, L.P. Announces Acquisition Of Mineral Interests; No Financial Terms Disclosed

3/28/24 4:44:24 PM ET

Oil & Gas Production

Energy

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Dorchester Minerals, L.P. (the "Partnership") (NASDAQ-DMLP) announced today it completed an acquisition of mineral interests totaling approximately 1,485 net royalty acres located in two counties in Colorado.

The transaction was structured as a non-taxable contribution and exchange. The contributing entities conveyed their interests to the Partnership in exchange for 505,369 common units representing limited partnership interests in Dorchester Minerals, L.P.

Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 28 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP.

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Dorchester Minerals, L.P. Announces Third Quarter Results
DALLAS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the "Partnership") (NASDAQ-DMLP) announced today the Partnership's net income for the quarter ended September 30, 2024 of $36,413,000, or $0.87 per common unit. A comparison of the Partnership's consolidated results for the quarters ended September 30, 2024 and 2023 are set forth below: Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023Operating Revenues$53,472,000 $42,594,000 $121,811,000 $113,380,000Net Income$36,413,000 $29,463,000 $78,208,000 $77,337,000Net Income Per Common Unit$0.87 $0.73 $1.89 $1.94 The Partnership previously declared its second quarter distri
10/31/24 4:05:19 PM ET
$DMLP
Oil & Gas Production
Energy
Dorchester Minerals, L.P. Announces Its Third Quarter Distribution
DALLAS, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's third quarter 2024 cash distribution. The distribution of $0.995785 per common unit represents activity for the three-month period ended September 30, 2024 and is payable on November 7, 2024 to common unitholders of record as of October 28, 2024. Cash receipts attributable to the Partnership's Royalty Properties during the third quarter totaled approximately $40.2 million. Approximately 54% of these receipts reflect oil sales during June 2024 through August 2024 and natural gas sales during May 2024 through July 2024, and approximately 46% from prior sales periods. Cash re
10/17/24 4:10:00 PM ET
$DMLP
Oil & Gas Production
Energy
Dorchester Minerals, L.P. Announces Two Acquisitions of Mineral, Royalty and Overriding Royalty Interests
DALLAS, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the "Partnership") (NASDAQ-DMLP) announced today it has completed two previously announced acquisitions of mineral, royalty and overriding royalty interests. The transactions were both structured as non-taxable contribution and exchanges. In one transaction, the contributing entities conveyed their interests to the Partnership in exchange for 6,721,144 common units representing limited partnership interests in Dorchester Minerals, L.P. In a separate transaction, the contributing entity conveyed its interests to the Partnership in exchange for 530,000 common units representing limited partnership interests in Dor
9/30/24 4:15:00 PM ET
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Oil & Gas Production
Energy

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Although U.S. stocks closed lower on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Appian The Trade: Appian Corporation (NASDAQ:APPN) 10% owner Colin T. Moran acquired a total of 190,000 shares at an average
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Dorchester Minerals Q1 EPS $0.44 Down From $0.71 YoY, Sales $30.98M Down From $40.17M YoY
Dorchester Minerals (NASDAQ:DMLP) reported quarterly earnings of $0.44 per share. This is a 38.03 percent decrease over earnings of $0.71 per share from the same period last year. The company reported $30.98 million in sales this quarter. This is a 22.87 percent decrease over sales of $40.17 million the same period last year.
5/2/24 5:14:10 PM ET
$DMLP
Oil & Gas Production
Energy
Dorchester Minerals, L.P. Announces Acquisition Of Mineral Interests; No Financial Terms Disclosed
Dorchester Minerals, L.P. (the "Partnership") (NASDAQ-DMLP) announced today it completed an acquisition of mineral interests totaling approximately 1,485 net royalty acres located in two counties in Colorado. The transaction was structured as a non-taxable contribution and exchange. The contributing entities conveyed their interests to the Partnership in exchange for 505,369 common units representing limited partnership interests in Dorchester Minerals, L.P.Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 28 states. Its common units trade on the NASDAQ Glo
3/28/24 4:44:24 PM ET
$DMLP
Oil & Gas Production
Energy

Dorchester Minerals, L.P. Announces Acquisition Of Mineral Interests; No Financial Terms Disclosed

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Recent Analyst Ratings for
$DMLP

$DMLP
Press Releases

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Dorchester Minerals, L.P. Announces Third Quarter Results

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

Dorchester Minerals, L.P. Announces Two Acquisitions of Mineral, Royalty and Overriding Royalty Interests

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Large Ownership Changes

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SEC Form SC 13D filed by Dorchester Minerals L.P.

SEC Form SC 13G filed by Dorchester Minerals L.P.

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Insider Trading

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Chief Financial Officer Moriyama Leslie A bought $104,907 worth of Common Units (3,218 units at $32.60) (SEC Form 4)

New insider Box Frank Damon claimed no ownership of stock in the company (SEC Form 3)

Entity Under Common Control Dorchester Minerals Operating Lp bought $93,460 worth of Common Units (2,900 units at $32.23), increasing direct ownership by 5% to 66,352 units (SEC Form 4)

$DMLP
SEC Filings

SEC Form 10-Q filed by Dorchester Minerals L.P.

Dorchester Minerals L.P. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure

Dorchester Minerals L.P. filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Regulation FD Disclosure

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Leadership Updates

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Dorchester Minerals, L.P. Announces Appointment of Manager to Board of Managers

Dorchester Minerals, L.P. Announces Retirement of James E. Raley

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Over $6M Bet On This Tech Stock? Check Out These 3 Stocks Insiders Are Buying

Dorchester Minerals Q1 EPS $0.44 Down From $0.71 YoY, Sales $30.98M Down From $40.17M YoY