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Dorchester Minerals ( (DMLP) ) has provided an update.
Dorchester Minerals, L.P. announced a fourth quarter 2024 cash distribution of $0.739412 per common unit, payable on February 13, 2025. The cash receipts from its Royalty Properties totaled approximately $34.9 million, with significant portions attributed to oil and natural gas sales from prior periods. This distribution highlights the company’s continued financial performance and its role in the oil and natural gas industry, impacting stakeholders through federal tax withholding requirements for non-U.S. investors.
More about Dorchester Minerals
Dorchester Minerals, L.P. is a Dallas-based company that owns producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests across 28 states. Its common units are traded on the Nasdaq Global Select Market under the symbol DMLP.
YTD Price Performance: -4.53%
Average Trading Volume: 133,338
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.57B
See more data about DMLP stock on TipRanks’ Stock Analysis page.
