Dorchester Minerals reported Q1 2025 net income of $17.6 million and declared a distribution of $0.725835 per unit.
Quiver AI Summary
Dorchester Minerals, L.P. announced its Q1 2025 financial results, reporting a net income of $17,642,000, or $0.36 per common unit, which is a slight decrease from $18,167,000, or $0.44 per unit in the same quarter of 2024. Operating revenues increased significantly from $30,979,000 in 2024 to $43,164,000 in 2025. The Partnership declared a distribution of $0.725835 per common unit, set to be paid on May 15, 2025, to unitholders of record as of May 5, 2025. Dorchester Minerals, based in Dallas, holds various interests in oil and natural gas properties across 28 states, and its common units are traded on the NASDAQ under the symbol DMLP. The release also includes a caution on forward-looking statements concerning potential risks and uncertainties that could affect future performance.
Potential Positives
- Dorchester Minerals, L.P. reported a net income of $17,642,000 for the first quarter of 2025, demonstrating continued profitability.
- The Partnership declared a first quarter distribution of $0.725835 per common unit, providing returns to unitholders.
- Operating revenues for the first quarter increased substantially to $43,164,000 from $30,979,000 in the prior year, indicating strong revenue growth.
Potential Negatives
- Net income decreased from $18,167,000 in the first quarter of 2024 to $17,642,000 in the same period of 2025, indicating a decline in profitability.
- Net income per common unit dropped from $0.44 to $0.36 year-over-year, which may concern investors about the company's earnings performance.
- The company noted that its cash distributions are not comparable to its net earnings, highlighting potential issues with cash flow management or distribution policy.
FAQ
What was Dorchester Minerals' net income for Q1 2025?
Dorchester Minerals reported a net income of $17,642,000 for the quarter ended March 31, 2025.
How much is the common unit distribution for May 2025?
The Partnership declared a distribution of $0.725835 per common unit payable on May 15, 2025.
What were Dorchester Minerals' operating revenues for Q1 2025?
The operating revenues for the quarter ended March 31, 2025, were $43,164,000.
How does net income per common unit for Q1 2025 compare to 2024?
Net income per common unit for Q1 2025 was $0.36, a decrease from $0.44 in Q1 2024.
Where can I find more information about Dorchester Minerals' financials?
More information can be found in the Partnership's filings with the Securities and Exchange Commission.
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 26 times in the past 6 months. Of those trades, 26 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 22 purchases buying 57,789 shares for an estimated $1,834,328 and 0 sales.
- BRADLEY J EHRMAN (Chief Executive Officer) has made 2 purchases buying 17,786 shares for an estimated $596,545 and 0 sales.
- LESLIE A MORIYAMA (Chief Financial Officer) has made 2 purchases buying 15,268 shares for an estimated $519,547 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DMLP Hedge Fund Activity
We have seen 59 institutional investors add shares of $DMLP stock to their portfolio, and 42 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 316,307 shares (+42.7%) to their portfolio in Q4 2024, for an estimated $10,542,512
- ROUND ROCK ADVISORS, LLC added 162,828 shares (+140.0%) to their portfolio in Q1 2025, for an estimated $4,897,866
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 114,879 shares (+inf%) to their portfolio in Q4 2024, for an estimated $3,828,917
- &PARTNERS added 110,062 shares (+917.8%) to their portfolio in Q4 2024, for an estimated $3,668,366
- ROYCE & ASSOCIATES LP removed 103,521 shares (-19.3%) from their portfolio in Q1 2025, for an estimated $3,113,911
- BANK OF AMERICA CORP /DE/ removed 94,730 shares (-37.6%) from their portfolio in Q4 2024, for an estimated $3,157,350
- ING GROEP NV removed 73,000 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $2,433,090
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
DALLAS, May 08, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended March 31, 2025 of $17,642,000, or $0.36 per common unit.
A comparison of the Partnership’s consolidated results for the quarter ended March 31, 2025 and 2024 are set forth below:
| Three Months Ended | |||||||
| March 31, | |||||||
| 2025 | 2024 | ||||||
| Operating Revenues | $ | 43,164,000 | $ | 30,979,000 | |||
| Net Income | $ | 17,642,000 | $ | 18,167,000 | |||
| Net Income Per Common Unit | $ | 0.36 | $ | 0.44 | |||
The Partnership previously declared its first quarter distribution in the amount of $0.725835 per common unit payable on May 15, 2025 to common unitholders of record as of May 5, 2025. The Partnership’s cash distributions are not comparable to its net earnings due to timing and other differences including depletion.
Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests located 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.
| Contact: | Martye Miller | (214) 559-0300 |
