Detail akcie Dorchester Minrl Units online

Business Summary: Dorchester Minerals, L.P. is an owner of producing and non-producing oil and natural gas minerals, royalty, overriding royalty, net profits, and leasehold interests. The Company is engaged in the acquisition, ownership, and administration of royalty properties and net profits interest (NPI). The NPI represents a net profits overriding royalty interest burdening various properties owned by the operating partnership. The Royalty Properties consist of producing and nonproducing minerals, royalty, overriding royalty, net profits, and leasehold interests located in 593 counties and parishes in 28 states. It has mineral and royalty interests totaling approximately 460,000 net acres located in 593 counties and parishes across Louisiana, New Mexico, Colorado, Texas and others. Its subsidiaries include Dorchester Minerals Oklahoma LP, Dorchester Minerals Oklahoma GP, Inc., Maecenas Minerals LLP, Dorchester-Maecenas GP LLC, The Buffalo Co. and DMLPTBC GP LLC.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Dorchester Minerals LP revenues decreased 23% to $31M. Net income applicable to common stockholders decreased 36% to $17.6M. Revenues reflect Net profits interest decrease of 63% to $5.6M, Lease bonus and other decrease of 6% to $504K. Net income also reflects General and administrative increase of 19% to $3.3M (expense), Depreciation, depletion and amortization increase of 4% to $6.9M (expense).