Dorchester Minerals reported a net income of $57.35 million for 2025, with total reserves estimated at 15.6 million barrels.
Quiver AI Summary
Dorchester Minerals, L.P. announced its net income for the year ending December 31, 2025, to be $57,352,000, or $1.16 per common unit, a decline compared to the previous year's net income of $92,449,000, which was $2.13 per unit. The Partnership reported operating revenues of $152,832,000 for 2025, down from $161,523,000 in 2024. As of December 31, 2025, its total proved oil and natural gas reserves were estimated at 15.6 million barrels of oil equivalent, with 86% attributed to Royalty Properties. A total of $133.5 million was distributed to common unitholders from May 2025 to February 2026 based on 2025 activities. Dorchester Minerals is a Dallas-based company engaged in owning various interests in crude oil and natural gas across 28 states, trading under NASDAQ symbol DMLP. The release also contained forward-looking statements subject to risks and uncertainties affecting future results.
Potential Positives
- Partnership reported a net income of $57,352,000 for the year ended December 31, 2025, demonstrating profitability even though it was lower than the previous year.
- Total proved oil and natural gas reserves estimated at 15.6 million barrels of oil equivalent, with a significant portion attributed to Royalty Properties, indicating strong underlying assets.
- Distributed a total of $133.5 million to common unitholders, reflecting a commitment to returning value to investors.
Potential Negatives
- Net income decreased significantly from $92,449,000 in 2024 to $57,352,000 in 2025, indicating a substantial decline in profitability.
- Operating revenues fell from $161,523,000 in 2024 to $152,832,000 in 2025, suggesting potential challenges in revenue generation.
- Net income per common unit decreased from $2.13 in 2024 to $1.16 in 2025, reflecting a reduced return for investors.
FAQ
What were Dorchester Minerals' net income figures for 2025?
Dorchester Minerals reported a net income of $57,352,000 for the year ended December 31, 2025.
How much did the Partnership distribute to common unitholders?
The Partnership distributed a total of $133.5 million to its common unitholders from May 2025 through February 2026.
What are Dorchester Minerals' total proved oil and gas reserves?
The total proved oil and natural gas reserves are estimated at 15.6 million barrels of oil equivalent (mmboe) as of December 31, 2025.
What is the trading symbol for Dorchester Minerals?
Dorchester Minerals' common units trade on NASDAQ under the symbol DMLP.
What risks does Dorchester Minerals face according to the press release?
The Partnership faces risks including changes in oil and gas prices, economic conditions, and regulatory requirements.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DMLP Insider Trading Activity
$DMLP insiders have traded $DMLP stock on the open market 15 times in the past 6 months. Of those trades, 15 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $DMLP stock by insiders over the last 6 months:
- MINERALS OPERATING LP DORCHESTER has made 7 purchases buying 55,000 shares for an estimated $1,284,089 and 0 sales.
- FRANK DAMON BOX has made 2 purchases buying 9,000 shares for an estimated $212,101 and 0 sales.
- ROBERT C VAUGHN has made 3 purchases buying 4,810 shares for an estimated $102,965 and 0 sales.
- BRADLEY J EHRMAN (Chief Executive Officer) has made 2 purchases buying 3,487 shares for an estimated $74,979 and 0 sales.
- LESLIE A MORIYAMA (Chief Financial Officer) purchased 3,041 shares for an estimated $65,381
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DMLP Hedge Fund Activity
We have seen 64 institutional investors add shares of $DMLP stock to their portfolio, and 62 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 554,787 shares (+55.2%) to their portfolio in Q4 2025, for an estimated $12,405,037
- ROUND ROCK ADVISORS, LLC removed 309,817 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $8,021,162
- CITADEL ADVISORS LLC added 107,641 shares (+380.4%) to their portfolio in Q4 2025, for an estimated $2,406,852
- ADAMS ASSET ADVISORS, LLC added 68,177 shares (+9.1%) to their portfolio in Q4 2025, for an estimated $1,524,437
- GENEOS WEALTH MANAGEMENT INC. added 58,430 shares (+147.6%) to their portfolio in Q4 2025, for an estimated $1,306,494
- FIRST TRUST ADVISORS LP removed 50,660 shares (-26.7%) from their portfolio in Q4 2025, for an estimated $1,132,757
- INVESCO LTD. removed 46,396 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $1,037,414
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
DALLAS, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the year ended December 31, 2025 of $57,352,000 or $1.16 per common unit.
A comparison of the Partnership’s consolidated results for the twelve month periods ended December 31, 2025 and 2024 are set forth below:
| Twelve Months Ended | |||||
| December 31, | |||||
|
2025
|
2024
|
||||
| Operating Revenues | $ | 152,832,000 | $ | 161,523,000 | |
| Net Income | $ | 57,352,000 | $ | 92,449,000 | |
| Net Income Per Common Unit | $ | 1.16 | $ | 2.13 | |
The Partnership’s independent engineering consultant estimated its total proved oil and natural gas reserves to be 15.6 million barrels of oil equivalent (mmboe) as of December 31, 2025. Approximately 86% of these reserves are attributable to the Partnership’s Royalty Properties and 14% are attributable to its Net Profits Interest. Oil and natural gas liquids accounted for 61% of proved reserves as of December 31, 2025, all of which were classified as proved developed producing.
The Partnership distributed a total of $133.5 million to its common unitholders from May 2025 through February 2026 attributable to 2025 activity.
Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests in 28 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP.
FORWARD-LOOKING STATEMENTS
Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission.
| 3838 Oak Lawn Ave., Suite 300 | ||
| Dallas, Texas 75219-4541 | ||
| Contact: | Martye Miller | (214) 559-0300 |