Dorchester Minerals Q3 2023 Earnings Report

Dorchester Minerals EPS Results

• Actual EPS: $0.73
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Dorchester Minerals Revenue Results

• Actual Revenue: $42.59 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Dorchester Minerals Announcement Details

• Quarter: Q3 2023
• Date: 11/2/2023
• Time: N/A
• Conference Call Date: Wednesday, November 1, 2023
• Conference Call Time: 7:00PM ET

Dorchester Minerals (NASDAQ:DMLP) (NASDAQ: DMLP) is a publicly traded limited partnership that acquires and manages mineral and royalty interests in onshore oil and gas properties across the United States. The company holds a diverse portfolio of net revenue interests and royalty interests, deriving income from the production and sale of hydrocarbons without being directly exposed to drilling or operating costs. This model allows Dorchester to benefit from rising commodity prices while maintaining a low overhead structure.

The partnership’s holdings span key U.S. energy basins, including the Gulf Coast region, the Permian Basin, the Rockies and Southeast Texas. Dorchester’s interests are concentrated in established producing areas of Louisiana and Texas, where it owns thousands of net royalty acres. By partnering with a range of independent and major exploration and production companies, Dorchester secures a steady revenue stream from ongoing drilling programs and development activities.

Tracing its roots to private family mineral estates in the early 20th century, Dorchester Minerals completed its initial public offering in 2015 to provide investors with direct exposure to oil and gas royalties. The company’s general partner, Dorchester Minerals Management LLC, is led by industry veterans with extensive experience in land, acquisition and mineral management. This leadership team focuses on identifying accretive opportunities to expand the partnership’s acreage and revenue base.

Dorchester pursues growth through the acquisition of additional royalty interests, conducting thorough due diligence on prospective assets to enhance its portfolio quality. By maintaining a capital‐light operating model and leveraging its expertise in mineral documentation and title management, the partnership aims to deliver stable distributions to unitholders while capitalizing on U.S. onshore oil and gas development trends.