DALLAS, April 18, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership's first quarter 2024 cash distribution. The distribution of $0.781837 per common unit represents activity for the three-month period ended March 31, 2024 and is payable on May 9, 2024 to common unitholders of record as of April 29, 2024. Cash receipts attributable to the Partnership's Royalty Properties during the first quarter totaled approximately $24.5 million. Approximately 71% of these rec ...

Funtay 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 growt ...

Investors in gold are excited on Tuesday as the spot price of the precious metal hit a recent high of $2,113.28 per ounce during a rally yesterday.The increasing price of gold is catching up to its current record high of $2,135.40 that was achieved in December 2023. To understand why gold is gaining lately, we have to look to the Federal Reserve.Investors in gold are hoping that the Fed is done with interest rate increases. In fact, many are betting that the agency will drop interest rates starting in June. ...

DALLAS, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the "Partnership") (NASDAQ-DMLP) announced today the Partnership's net income for the year ended December 31, 2023 of $114,117,000 or $2.85 per common unit. A comparison of the Partnership's consolidated results for the twelve month periods ended December 31, 2023 and 2022 are set forth below:  Twelve Months Ended December 31,  2023   2022 Operating Revenues$163,799,000  $170,800,000 Net Income$114,117,000  $130,607,000         Net Income ...

Date of Report (Date of earliest event reported): February 22, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 DORCHESTER MINERALS, L.P. (Exact name of registrant as specified in its charter) Delaware 000-50175 81-0551518 (State or other jurisdiction of (Commission (IRS Employer incorporation) File Number) Identification No.) 3838 Oak Lawn, Suite 300, Dallas, Texas 75219 (Address of pr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition Period from to Commission File Number: 000-50175 DORCHESTER MINERALS, L.P. (Exact name of registrant as specified in its charter) Delaware 81-0551518 (I.R.S. Employer I ...

ArtistGNDphotography Dorchester Minerals, L.P. (NASDAQ:DMLP) is a Master Limited Partnership [MLP] based in Dallas, Texas, and owns oil and natural gas properties that yield royalty and NPIs. The partnership earns a steady income without incurring risks and costs of operative activities such as drilling and production because third parties manage these activities. Furthermore, DMLP has constantly expanded its assets base, and in 2023, the partnership acquired new properties in Louisiana, New Mexico, and Tex ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 000-50175 DORCHESTER MINERALS, L.P. (Exact name of registrant as specified in its charte ...

Table of Contents ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 000-50175 DORCHESTER MINERALS, L.P. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or De ...

Financial Performance - For the three months ended March 31, 2023, net cash provided by operating activities increased by 36% compared to the same period in 2022, primarily due to higher NPI payment receipts[60]. - Cash receipts from Royalty Properties in Q1 2023 totaled $24.6 million, with approximately 76% reflecting sales from December 2022 through February 2023[62]. - Cash receipts from NPI during Q1 2023 amounted to $17.5 million, with approximately 31% reflecting sales from November 2022 through January 2023[63]. - As of March 31, 2023, cash and cash equivalents totaled $45.0 million, an increase from $40.8 million at December 31, 2022, indicating improved liquidity[69]. Sales Volumes and Prices - Royalty Properties natural gas sales volumes increased by 16% from 1,147 mmcf in Q1 2022 to 1,330 mmcf in Q1 2023, while oil sales volumes decreased by 18% from 369 mbbls to 302 mbbls[54]. - NPI natural gas sales volumes surged by 170%, from 320 mmcf in Q1 2022 to 864 mmcf in Q1 2023, and NPI oil sales volumes increased by 186%, from 94 mbbls to 269 mbbls[54]. - Average sales prices for Royalty Properties natural gas decreased by 33% to $3.01/mcf, and oil prices decreased by 15% to $68.48/bbl compared to Q1 2022[54]. - Average indicated prices for cash receipts attributable to Royalty Properties during Q1 2023 were $68.92/bbl for oil and $4.77/mcf for natural gas[62]. Operating Costs and Expenses - Operating costs decreased by 17% from Q1 2022 to Q1 2023, primarily due to lower production taxes linked to decreased oil sales volumes[58]. - Depreciation, depletion, and amortization expenses increased by 49% from Q1 2022 to Q1 2023, reflecting adjustments in oil and natural gas reserve estimates[59]. - General and administrative expenses rose by 34% from Q1 2022 to Q1 2023, mainly due to higher compensation and professional service fees[59]. Market Conditions and Risks - Demand and market prices for oil and natural gas remain strong, driven by increased energy use and a global shortage of oil due to sanctions on Russia[68]. - The company cannot predict future price volatility in the oil and natural gas market, which may impact its ability to fund distributions[68]. - The current economic environment remains volatile, and the ultimate impact of COVID-19 and the military conflict in Ukraine on liquidity and cash flows is uncertain[68]. - The company remains cautious about future cash flows due to potential declines in oil prices and increased operating costs[68]. - There have been no significant changes in exposure to market risk during the three months ended March 31, 2023[72]. Internal Controls and Governance - The principal executive officer and principal financial officer evaluated the effectiveness of disclosure controls and procedures, concluding they were effective[72]. - No changes in internal control over financial reporting occurred during the quarter ended March 31, 2023, that materially affected internal controls[73]. - The company has not disclosed any significant changes to critical accounting policies and estimates since the 2022 Annual Report[71]. Liquidity and Future Outlook - The company expects to maintain sufficient liquidity for distributions to unitholders despite uncertainties from COVID-19, market volatility due to the Russian invasion of Ukraine, and rising inflation and interest rates[68].