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Stock impact report

Dorchester Minerals, L.P. Announces First Quarter Results

Dorchester Minerals, L.P. - Common Units Representing Limited Partnership Interests (DMLP) 
US:NASDAQ Investor Relations: dmlp.net/investor-relations
Company Research Source: GlobeNewswire
DALLAS, May 02, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended March 31, 2024 of $18,167,000, or $0.44 per common unit. A comparison of the Partnership’s consolidated results for the quarter ended March 31, 2024 and 2023 are set forth below:   Three Months Ended  March 31,  2024 2023Operating Revenues $30,979,000  $40,167,000Net Income $18,167,000  $28,070,000Net Income Per Common Unit $0.44  $0.71 The Partnership previously declared its first quarter distribution in the amount of $0.781837 per common unit payable on May 9, 2024 to common unitholders of record as of April 29, 2024. The Partnership’s cash distributions are not comparable to its net earnings due to timing and other differences including depletion. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold Show less Read more
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