Dorchester Minerals, L.P.DMLP
What Dorchester Minerals, L.P. does.
Dorchester Minerals, L.P. is a publicly traded Delaware limited partnership that commenced operations on January 31, 2003, upon the combination of Dorchester Hugoton, Ltd., Republic Royalty Company, L.P. and Spinnaker Royalty Company, L.P. Dorchester Hugoton was a publicly traded Texas limited partnership, and Republic and Spinnaker were private Texas limited partnerships. We have established a website at www.dmlp.net that contains the last annual meeting presentation. You may obtain all current filings free of charge through our website. We will provide electronic or paper copies of our annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished to the Securities and Exchange Commission (“SEC”) free of charge upon written request at our executive offices. In this report, the term "Partnership," as well as the terms "us," "our," "we," and "its" are sometimes used as abbreviated references to Dorchester Minerals, L.P. itself or Dorchester Minerals, L.P. and its related entities.
Our general partner is Dorchester Minerals Management LP, which is managed by its general partner, Dorchester Minerals Management GP LLC. As a result, the Board of Managers of Dorchester Minerals Management GP LLC exercises effective control of the Partnership. In this report, the term "General Partner" is used as an abbreviated reference to Dorchester Minerals Management LP. Our General Partner also controls and owns, directly and indirectly, all of the Partnership interests in Dorchester Minerals Operating LP and its general partner. Dorchester Minerals Operating LP owns working interests and other properties underlying our Net Profits Interest (or “NPI”), provides day-to-day operational and administrative services to us and our General Partner, and is the employer of all the employees who perform such services. In this report, the term "Operating Partnership" is used as an abbreviated reference to Dorchester Minerals Operating LP. Our General Partner and the Operating Partnership are Delaware limited partnerships, and the general partners of their general partners are Delaware limited liability companies.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $46.9M | $93.4M | $170.8M | $163.8M | $161.5M | $152.8M |
| Net income | $21.9M | $70.2M | $130.6M | $114.1M | $92.4M | $57.4M |
| Free cash flow | — | — | — | — | — | — |
More on DMLP.
- Dorchester Minerals, L.P. summary
- Dorchester Minerals, L.P. financial statements
- Dorchester Minerals, L.P. key metrics
- Dorchester Minerals, L.P. health scores and style box
- Dorchester Minerals, L.P. earnings
- Dorchester Minerals, L.P. dividends
- Dorchester Minerals, L.P. valuation
- Dorchester Minerals, L.P. ownership and insiders
- Dorchester Minerals, L.P. peers
Figures from Dorchester Minerals, L.P.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.