DORCHESTER MINERALS L.P. overview

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...

DALLAS, March 28, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today it completed an acquisition of mineral interests totaling approximately 1,485 net royalty acres located in two counties in Colorado. The transaction was structured as a non-taxable contribution and exchange. The contributing entities conveyed their interests to the Partnership in exchange for 505,369 common units representing limited partnership interests in Dorchester...

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...

DALLAS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s fourth quarter 2023 cash distribution. The distribution of $1.007874 per common unit represents activity for the three-month period ended December 31, 2023 and is payable on February 8, 2024 to common unitholders of record as of January 29, 2024. Cash receipts attributable to the Partnership’s Royalty Properties during the fourth quarter totaled approximately $28.3 million....

DALLAS, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that it received notification from Yelar Partners, L.L.P. that it has appointed Ms. Lesley Carver, to succeed Mr. Raley as its appointed manager of the board of managers of Dorchester Minerals Management GP LLC, the general partner of the Partnership’s general partner (the “Board”), effective January 10, 2024. Casey McManemin, Chairman of the Board, stated, “We are...

DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that it received notification that Mr. James E. Raley, an appointed manager of the board of managers of the general partner of the general partner of the Partnership (the “Board”) retired, effective as of December 29, 2023. In recognition of his outstanding record of service, the Board has designated Mr. Raley as a Manager Emeritus, an honorary designation (without...

DALLAS, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the successful consummation of a notable lease transaction in the Midland Basin. On November 6, 2023, the Partnership leased 243 net acres in two tracts of land in Reagan County, Texas for $30,000 per acre and a 25% royalty. Additionally, the Partnership executed an amendment to an existing lease on two separate tracts of land also totaling 243 net acres in Reagan County,...

DALLAS, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended September 30, 2023 of $29,463,000, or $0.73 per common unit. A comparison of the Partnership’s consolidated results for the quarters ended September 30, 2023 and 2022 are set forth below: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Operating Revenues $ 42,594,000 $ 44,057,000 $...