Handelsavisen
prelaunch
Companies Energy DMLP
DM
DMLP Nasdaq Integrated Oil & Gas

Dorchester Minerals, L.P.

$25,80
Open in Charts → Attach watcher ⌖
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
Prev close
$27,44
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

DORCHESTER MINERALS, L.P. operates as an integrated oil and gas entity, generating revenue primarily through royalty interests on properties operated by major energy companies.

Business. DORCHESTER MINERALS, L.P. (DMLP) is an integrated oil and gas company operating within the Energy sector. The firm is listed on the Nasdaq stock exchange under the ticker symbol DMLP. Specific details regarding its operating segments, headquarters location, and geographic mix are not provided in the available data. Consequently, the company is described at the industry level as an entity engaged in integrated oil and gas activities.

Classification98 %
SectorEnergy
Business sectorOil & Gas
IndustryIntegrated Oil & Gas
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
First Trust Advisors L.P.
largest disclosed fund holder
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning DMLP.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to DMLP. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Peers
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · BP (BP)
    • EarningsQ3 2026 earnings (expected)2026-10-30 · estimated · Chevron (CVX)
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    DORCHESTER MINERALS, L.P. (DMLP) is an integrated oil and gas company operating within the Energy sector. The firm is listed on the Nasdaq stock exchange under the ticker symbol DMLP. Specific details regarding its operating segments, headquarters location, and geographic mix are not provided in the available data. Consequently, the company is described at the industry level as an entity engaged in integrated oil and gas activities.

    Classification98 %
    SectorEnergy
    Business sectorOil & Gas
    IndustryIntegrated Oil & Gas
    AI synthesis
    GENERATED

    DORCHESTER MINERALS, L.P. maintains a conservative capital structure characterized by minimal leverage and strong liquidity. Total liabilities stand at $49.42 million against total assets of $301.63 million, resulting in a highly robust current ratio of 16.61. The balance sheet is further fortified by cash and equivalents of $28.16 million, which represents a significant portion of total assets. This liquidity profile suggests the company is well-positioned to withstand short-term market volatility without immediate refinancing pressure.

    Profitability metrics indicate efficient asset utilization, with a return on assets (ROA) of 9.66% for the latest period. Net income reached $29.14 million, supported by operating cash flow of $23.91 million. While specific cohort median comparisons are not provided in the input data, the high ROA and strong cash conversion relative to the asset base suggest the company generates substantial returns on its mineral interest holdings. The valuation snapshot reflects a market price of $27.79, anchoring the equity value against these fundamental performance indicators.

    Key takeaways
    • Strong liquidity position with a current ratio of 16.61 and $28.16 million in cash and equivalents.
    • High return on assets of 9.66% driven by $29.14 million in net income.
    • Significant revenue concentration with Exxon Mobil, Chevron, Diamondback Energy, and Pioneer Natural Resources.
    • Medium dilution risk flagged in source documents, requiring monitoring of potential equity offerings.
    • Exposure to global commodity price volatility and geopolitical risks in key oil-producing regions.
    • Recent 8-K filing indicates material corporate developments, alongside compliance with new FASB interim reporting standards.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-03-31
    Q4 2025 · Quarter highlights
    Revenue
    Operating income
    Net income$29.1M
    Free cash flow
    EPS
    Operating cash flow$23.9M
    Financials
    Income statement
    Revenue
    Gross profit
    Operating income
    Net income$29.1M
    Balance sheet
    Total assets$301.6M
    Total liabilities$4.9M
    Total equity
    Cash & equivalents$28.2M
    Long-term debt
    Cash flow
    Operating cash flow$23.9M
    CapEx
    Free cash flow
    SBC

    Valuation

    Market price
    $25,80
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $296.7M
    Net cash
    $28.2M
    Current ratio
    16.6
    Debt / equity
    ROA
    9.7%
    ROE
    Cash conversion
    82.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio

    Revenue by segment

    Market share

    — missing data

    Business relationships

    Business relationships4 disclosed relationships · 1 type · extracted from filings & disclosures
    Customers4
    Chevron CorpCVX.OCustomer95%Source ↗
    ANON:CUST:DMLP.O:PioneerNaturalResourcesCANON:CUST:DMLP.O:PioneerNaturalResourcesCCustomer88%Source ↗

    Supply chain

    Vendors → DMLP ↔ Partners → Customers · click any node to drill
    VENDORSPARTNERSCUSTOMERSDMLPDMLPDorchester Minerals, L.P.4 entitiesChevron CorpOil & GasUSDiamondback Energy IncOil & GasUSEXXON MOBIL CORPORATIOOil & GasANON:CUST:DMLP.O:Pione
    4 mentions in 10-K0 from corporate websites0 from news dispatches
    Updated 2026-07-04

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskMedium
    Liquidity riskLow
    Filing-based flags
    • Source documents mention dilution or offering risk.

    Benchmarks vs cohort

    Cash Conv0,82Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 16 095 sh4 exercises · 2 grants2 insiders
    • MORIYAMA LESLIE AChief Financial Officer · Notional Units → Common UnitsDisposed 4 351exercise · 2025-12-15
    • EHRMAN BRADLEY JChief Executive Officer · Notional Units → Common UnitsDisposed 4 727exercise · 2025-12-15
    • MORIYAMA LESLIE AChief Financial Officer · Notional Units → Common UnitsDisposed 4 017exercise · 2025-12-03
    • EHRMAN BRADLEY JChief Executive Officer · Notional Units → Common UnitsDisposed 4 810exercise · 2025-12-03
    • MORIYAMA LESLIE AChief Financial Officer · Notional Units → Common UnitsAcquired 16 000grant · 2025-12-01
    • EHRMAN BRADLEY JChief Executive Officer · Notional Units → Common UnitsAcquired 18 000grant · 2025-12-01

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Regulatory filings
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • DORCHESTER MINERALS, L.P. company facts · 2026-07-26
    • DORCHESTER MINERALS, L.P. 10-Q 2026-05-06 · 2026-07-26
    • DORCHESTER MINERALS, L.P. 10-K 2026-02-24 · 2026-07-26
    • DORCHESTER MINERALS, L.P. 10-Q 2025-11-06 · 2026-07-26
    • DORCHESTER MINERALS, L.P. 10-Q 2025-08-07 · 2026-07-26
    • 8-K (sec_8k_material) on DMLP · 2026-07-26
    • DORCHESTER MINERALS, L.P. HA canonical relationships · 2026-07-26

    Ownership & reference

    Top holders

    • First Trust Advisors L.P.Investment Managers · as of 2026-03-310,00 %$5M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$48M
    • LPL Financial LLCInvestment Managers · as of 2026-03-310,00 %$2M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$2M
    • Raymond James & Associates, Inc.Brokerage Firms · as of 2026-03-310,00 %$1M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,00 %$1M
    • Invesco QQQ TrustFunds · as of 2026-03-310,00 %$1M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$1M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$1M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-03-310,00 %$0M

    Insider activity

    Net buying21 buys · 0 sellsnet $2,3M5 insiders · last 365d
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 999 @ $27,62$28K · 2026-06-01
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 2 500 @ $27,64$69K · 2026-06-01
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 4 001 @ $27,50$110K · 2026-06-01
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 6 000 @ $28,32$170K · 2026-05-20
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 1 500 @ $28,24$42K · 2026-05-20
    • EHRMAN BRADLEY JChief Executive Officer · Common UnitsBought 4 000 @ $26,78$107K · 2026-05-12
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 5 000 @ $25,29$126K · 2026-02-13
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 5 000 @ $25,08$125K · 2026-02-12
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 10 000 @ $25,29$253K · 2026-02-11
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 10 000 @ $22,30$223K · 2025-12-22
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 5 000 @ $22,23$111K · 2025-12-19
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 15 729 @ $22,28$350K · 2025-12-18
    • DORCHESTER MINERALS OPERATING LPEntity Under Common Control · Common UnitsBought 4 271 @ $22,19$95K · 2025-12-17
    • EHRMAN BRADLEY JChief Executive Officer · Common UnitsOther 4 727 · 2025-12-15
    • EHRMAN BRADLEY JChief Executive Officer · Common UnitsOther 1 719 · 2025-12-15
    • MORIYAMA LESLIE AChief Financial Officer · Common UnitsOther 4 351 · 2025-12-15
    • MORIYAMA LESLIE AChief Financial Officer · Common UnitsOther 1 756 · 2025-12-15
    • MORIYAMA LESLIE AChief Financial Officer · Common UnitsOther 4 017 · 2025-12-03
    • MORIYAMA LESLIE AChief Financial Officer · Common UnitsOther 1 621 · 2025-12-03
    • EHRMAN BRADLEY JChief Executive Officer · Common UnitsOther 4 810 · 2025-12-03
    • EHRMAN BRADLEY JChief Executive Officer · Common UnitsOther 1 749 · 2025-12-03
    • Box Frank DamonDirector · Common UnitsBought 5 000 @ $21,96$110K · 2025-12-03
    • MORIYAMA LESLIE AChief Financial Officer · Common UnitsOther 16 000 @ $21,63$346K · 2025-12-01
    • MORIYAMA LESLIE AChief Financial Officer · Common UnitsOther 6 456 @ $21,63$140K · 2025-12-01
    • EHRMAN BRADLEY JChief Executive Officer · Common UnitsOther 18 000 @ $21,63$389K · 2025-12-01

    Short positioning

    544.7Kshares short+2.9% vs prior
    4.94days to cover
    50.6%short of daily vol
    997fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    DMLPCanonical
    Nasdaq · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskMedium
    Liquidity riskLow
    Source documents mention dilution or offering risk.
    Relationship graph
    DMLPCVXSHELBPCVX.OFANG.OXOMANON:CUSIntegrated Oil
    This companyPeerSectorCustomers

    Evidence & claims

    From filings & derived data
    • Total liabilities (annual): USD 4.32MUnknown
    • Total assets (annual): USD 309.55MUnknown
    • Current liabilities (annual): USD 3.79MUnknown
    • Current assets (annual): USD 58.94MUnknown
    • Operating cash flow (annual): USD 132.49MUnknown
    • EPS (basic) (annual): USD-PER-SHARES 1Unknown
    • Cash & equivalents (annual): USD 41.94MUnknown
    • Net income (annual): USD 57.35MUnknown
    • Total assets (annual): USD 366.81MUnknown
    • Operating cash flow (annual): USD 132.64MUnknown
    • Current assets (annual): USD 67.83MUnknown
    • Current liabilities (annual): USD 4.25MUnknown
    • Net income (annual): USD 92.45MUnknown
    • EPS (basic) (annual): USD-PER-SHARES 2Unknown
    • Total liabilities (annual): USD 5.02MUnknown
    • Cash & equivalents (annual): USD 42.51MUnknown
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-07-24 04:31 UTCFILINGMaterial 8-K
    2026-06-01 00:00 UTCINSIDER3 insider transactions — 2026-06 · net buy $207k
    2026-06-01INSIDERDORCHESTER MINERALS OPERATING LP bought 999 sh Common Units — Entity Under Common Control ~$28k
    2026-06-01INSIDERDORCHESTER MINERALS OPERATING LP bought 2.5k sh Common Units — Entity Under Common Control ~$69k
    2026-06-01INSIDERDORCHESTER MINERALS OPERATING LP bought 4.0k sh Common Units — Entity Under Common Control ~$110k
    2026-05-20 00:00 UTCINSIDER3 insider transactions — 2026-05 · net buy $319k
    2026-05-20INSIDERDORCHESTER MINERALS OPERATING LP bought 6.0k sh Common Units — Entity Under Common Control ~$170k
    2026-05-20INSIDERDORCHESTER MINERALS OPERATING LP bought 1.5k sh Common Units — Entity Under Common Control ~$42k
    2026-05-15FILINGFORM 8-K →
    2026-05-12FILINGFORM 8-K →
    2026-05-12INSIDEREHRMAN BRADLEY J bought 4.0k sh Common Units — Chief Executive Officer ~$107k
    2026-05-06FILINGFORM 10-Q →
    2026-05-06FILINGFORM 8-K →
    2026-04-23FILINGFORM 8-K →
    2026-04-02FILINGFORM DEF 14A →
    2026-03-31EARNINGSQuarterly results — Q4 2025 Net USD 29.1M
    2026-03-16FILINGFORM 8-K →
    2026-03-02FILINGFORM 8-K →
    2026-02-24FILINGFORM 10-K →
    2026-02-24FILINGFORM 8-K →
    2026-02-17FILINGFORM 8-K →
    2026-02-13 00:00 UTCINSIDER3 insider transactions — 2026-02 · net buy $505k
    2026-02-13INSIDERDORCHESTER MINERALS OPERATING LP bought 5.0k sh Common Units — Entity Under Common Control ~$126k
    2026-02-12INSIDERDORCHESTER MINERALS OPERATING LP bought 5.0k sh Common Units — Entity Under Common Control ~$125k
    2026-02-11INSIDERDORCHESTER MINERALS OPERATING LP bought 10.0k sh Common Units — Entity Under Common Control ~$253k
    2026-01-22FILINGFORM 8-K →
    2025-12-31EARNINGSQuarterly results — Q3 2025
    2025-12-31EARNINGSAnnual results — FY 2025 Net USD 57.4M
    2025-12-22 00:00 UTCINSIDER23 insider transactions — 2025-12 · net buy $1.3M 6 derivative
    2025-12-22INSIDERDORCHESTER MINERALS OPERATING LP bought 10.0k sh Common Units — Entity Under Common Control ~$223k
    2025-12-19INSIDERDORCHESTER MINERALS OPERATING LP bought 5.0k sh Common Units — Entity Under Common Control ~$111k
    2025-12-18INSIDERDORCHESTER MINERALS OPERATING LP bought 15.7k sh Common Units — Entity Under Common Control ~$350k
    2025-12-17INSIDERDORCHESTER MINERALS OPERATING LP bought 4.3k sh Common Units — Entity Under Common Control ~$95k
    2025-12-15INSIDEREHRMAN BRADLEY J transacted 4.7k sh Common Units — Chief Executive Officer
    2025-12-15INSIDEREHRMAN BRADLEY J transacted 1.7k sh Common Units — Chief Executive Officer
    2025-12-15INSIDERMORIYAMA LESLIE A transacted 4.4k sh Common Units — Chief Financial Officer
    2025-12-15INSIDERMORIYAMA LESLIE A transacted 1.8k sh Common Units — Chief Financial Officer
    2025-12-15INSIDEREHRMAN BRADLEY J disposed of 4.7k sh Notional Units — Chief Executive Officer
    2025-12-15INSIDERMORIYAMA LESLIE A disposed of 4.4k sh Notional Units — Chief Financial Officer
    Showing the 40 most recent of 60 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage