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An announcement from Dorchester Minerals ( (DMLP) ) is now available.
Dorchester Minerals, L.P. announced its financial results for the year ended December 31, 2024, reporting a net income of $92.4 million or $2.13 per common unit, a decrease from the previous year’s net income of $114.1 million. The company’s operating revenues also saw a slight decline from $163.8 million in 2023 to $161.5 million in 2024. The partnership’s proved oil and natural gas reserves were estimated at 17.0 million barrels of oil equivalent, with 86% attributed to Royalty Properties. The company distributed $141.6 million to its common unitholders from May 2024 through February 2025.
More about Dorchester Minerals
Dorchester Minerals, L.P. is a Dallas-based company that owns producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests in 28 states. Its common units are traded on the NASDAQ Global Select Market under the symbol DMLP.
YTD Price Performance: -0.37%
Average Trading Volume: 151,415
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.51B
See more data about DMLP stock on TipRanks’ Stock Analysis page.
