Dorchester Minerals: Forward Yield Is Estimated At 10% [Seeking Alpha]
Dorchester Minerals, L.P. - Common Units Representing Limited Partnership Interests (DMLP)
US:NASDAQ Investor Relations:
dmlp.net/investor-relations
Company Research
Source: Seeking Alpha
This was mostly organic growth, as its unit count increased by 3% year-over-year. I estimate that Dorchester can pay out $3.00 to $3.20 per unit in 2024 distributions based on current strip prices. Looking for more investing ideas like this one? Get them exclusively at Distressed Value Investing. Learn More » Dorchester Minerals, L.P. NASDAQ: DMLP ) reported a Q4 2023 distribution that was just over $1 per unit . This was lower than I expected back in November , and appears to be due to various factors including lower sales volumes (compared to Q3 2023) and weaker commodity prices. Despite the dip in sales volumes compared to Q3 2023, Dorchester is still showing strong year-over-year sales volume growth. Dorchester's Q4 2023 sales volumes were 16% higher than its Q4 2022 sales volumes. Most of this growth appears to be organic growth, with its unit count going up 3% year-over-year to help pay for some acquisitions. Based on current strip prices, I expect Dorchester to decla
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DMLP
News
- Dorchester Minerals, L.P. Announces Its First Quarter DistributionGlobeNewswire
- Dorchester Minerals, L.P. Announces Acquisition of Mineral Interests [Yahoo! Finance]Yahoo! Finance
- Dorchester Minerals, L.P. Announces Acquisition of Mineral InterestsGlobeNewswire
- Dorchester Minerals, L.P. Announces 2023 ResultsGlobeNewswire
DMLP
Sec Filings
- 4/18/24 - Form 8-K
- 4/11/24 - Form 4
- 3/28/24 - Form 8-K
- DMLP's page on the SEC website