|Bid||19.86 x 1000|
|Ask||20.00 x 800|
|Day's Range||19.57 - 20.10|
|52 Week Range||14.11 - 21.15|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||12.49|
|Earnings Date||May 1, 2019 - May 6, 2019|
|Forward Dividend & Yield||2.07 (11.32%)|
|1y Target Est||N/A|
DALLAS, April 18, 2019 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (DMLP) announced today the Partnership’s first quarter 2019 cash distribution. The distribution of $0.482315 per common unit represents activity for the three-month period ended March 31, 2019 and is payable on May 9, 2019 to common unitholders of record as of April 29, 2019. Cash receipts attributable to the Partnership’s Royalty Properties during the first quarter totaled approximately $15 million. Cash receipts attributable to the Partnership’s Net Profits Interests during the first quarter totaled approximately $4.6 million.
On March 29, 2019, Dorchester Minerals, L.P. (“DMLP”) and affiliates of its General Partner closed the acquisition of producing and nonproducing mineral, royalty and net profits interests from multiple parties. The mineral and royalty properties consist of varying undivided interests totaling approximately 76,000 net acres located in 172 counties in 14 states, including positions in the Bakken Trend of North Dakota and interests in multiple enhanced oil recovery units in the Permian Basin. Oil and gas sales volumes attributable to the mineral and royalty properties during 2018 were approximately 88,000 bbls (including liquids) and 160,000 mcf and contributed approximately 88% of the acquired interests’ net operating income in 2018. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests and its common units trade on the NASDAQ Global Select Market under the symbol DMLP.
DALLAS, Feb. 28, 2019 -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the year ended December 31, 2018 of.
NEW YORK, Feb. 21, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
DALLAS, Jan. 17, 2019 -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s fourth quarter 2018 cash distribution. The distribution of $0.516572 per.
How do you pick the next stock to invest in? One way would be to spend hours of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
DALLAS, TEXAS, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (“DMLP” or the “Partnership”) (DMLP) announced today on November 29, 2018, the Partnership and affiliates of its General Partner consummated and closed an agreement to assign leasehold interests and related net profits interests located in Winkler County, Texas to a third party. The Partnership’s share of proceeds from the transaction totaled approximately $3.6 million in cash. The Partnership also retained an overriding royalty interest in the assigned acreage. The cash proceeds of this transaction will be included in the distribution for the three-month period ending December 31, 2018. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests and its common units trade on the NASDAQ Global Select Market under the symbol DMLP.
DALLAS, Nov. 01, 2018 -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended September 30, 2018 of.
In the week ending October 5, the MLPs that fell the most were a diverse mix. Royalty interest owner Dorchester Minerals (DMLP), midstream MLP NGL Energy Partners (NGL), downstream player CVR Refining (CVRR), and frac sand company Hi-Crush Partners (HCLP) were among the top losses last week. Other MLPs that fell last week included Calumet Specialty Products Partners (CLMT) and Suburban Propane Partners (SPH).
Cheniere Energy (LNG), Teekay LNG Partners (TGP), and Golar LNG Partners (GMLP) were among the top gainers in the MLP and midstream sector last week. Cheniere Energy rose 3.7% while TGP and GMLP rose 10.6% and 5.2%, respectively, in the last week. Other top gainers included Dorchester Minerals (DMLP), CVR Refining (CVRR), and American Midstream Partners (AMID), which rose 7.1%, 6.2%, and 5.0%, respectively.
Zero-debt allows substantial financial flexibility, especially for small-cap companies like Dorchester Minerals LP (NASDAQ:DMLP), as the company does not have to adhere to strict debt covenants. However, it also facesRead More...
Cheniere Energy (LNG) was among the top midstream gainers last week. The stock rose 2.8% during the week. In contrast, the sector was broadly in the red. For latest on the stock, read How Cheniere Energy Is Faring amid Recent Trade War Tensions.
On August 14, Stifel raised its target price for NGL Energy Partners (NGL) from $12 to $13. Of the six analysts covering NGL Energy Partners, one rated it as a “strong buy,” three rated it as a “buy,” and two rated it as a “hold.” The median target price for NGL Energy Partners is $15, which implies an upside potential of 16% from its current price of $12.95. One of the seven analysts covering CrossAmerica Partners (CAPL) rated the stock as a “strong buy,” two rated it as a “buy,” and four rated it as a “hold.” The median target price for CrossAmerica Partners is $21.
American Midstream Partners (AMID), a midstream MLP involved in natural gas gathering, processing, and compression, was the lowest-performing MLP in the week ended July 27. AMID stock plunged 41.1% last week. It saw a sharp correction following its announcement of a capital allocation strategy, which includes the sale of non-core assets and a distribution cut.
Mineral interest MLPs own mineral and royalty interests in oil and gas properties. These MLPs receive an upfront cash payment, or lease bonus, on the land leased for exploration and production to the third parties. Moreover, they receive a portion of the production or revenues on mineral royalties and other royalty interests.
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want a simplistic look at the returnRead More...
In this series, we’re looking at some of the top MLP gainers in 2018. Three royalty interest owner MLPs—Viper Energy Partners (VNOM), Dorchester Minerals (DMLP), and Kimbell Royalty Partners (KRP)—are on the list of the top MLPs so far in 2018. We looked at Viper Energy Partners in Part 1 of this series. In this part, we’ll take a look at Dorchester Minerals’ performance.
For investors, increase in profitability and industry-beating performance can be essential considerations in an investment. Below, I will examine Dorchester Minerals LP.’s (NASDAQ:DMLP) track record on a high level, toRead More...