DMLPDorchester Minerals, L.P. shows strong financial health and consistent dividend payouts. While its recent performance has been down, the company has a solid foundation and a promising outlook for income investors.
Dorchester Minerals operates in the energy sector, which is subject to commodity price fluctuations and evolving regulatory landscapes. Its focus on mineral and royalty interests provides some insulation, but broader energy market themes will significantly influence performance.
Dorchester Minerals, L.P. demonstrates strong profitability and a robust balance sheet. Its consistent dividend payments and healthy free cash flow generation are key strengths.
The stock is currently trading within a tight range, with mixed signals from technical indicators. Short-term price action suggests a lack of strong directional momentum.
| Factor | Score |
|---|---|
| Commodity Price Exposure | 60 |
| Energy Transition | 40 |
| Royalty Business Model | 70 |
| Regulatory Environment (US) | 50 |
| Geographic Concentration | 50 |
| Factor | Score |
|---|---|
| Valuation | 80 |
| Profitability | 95 |
| Growth | 60 |
| Balance Sheet Health | 98 |
| Cash Flow | 90 |
| Dividends | 95 |
| Factor | Score |
|---|---|
| Trend Analysis | 50 |
| Momentum | 50 |
| Moving Averages | 55 |
| Volume Analysis | 50 |
| Support and Resistance | 60 |
Attractive Valuation Metrics
The Price/Sales (P/S) ratio for 2024 is 9.3, and the Price/Earnings (P/E) ratio is 16.3, suggesting a potentially reasonable valuation given the company's revenue and earnings.
Significant Dividend Yield
The company offers a substantial dividend yield, with recent yields around 10.8-14.5%, indicating a strong return for income-focused investors.
Declining Revenue and Net Income
Revenue and net income have shown a declining trend from 2022 to 2024, with revenue decreasing from $170.8 million to $161.5 million and net income from $130.6 million to $92.4 million.
Shrinking Net Margins
Net profit margins have decreased significantly from 76.5% in 2022 to 57.2% in 2024, indicating potential pressures on profitability.
May 2025
5
Ex-Dividend Date
May 2025
15
Next Dividend Date
July 2025
30
Next Earnings Date
H: $
A: $
L: $
Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 594 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership. Dorchester Minerals Management LP serves as the general partner of Dorchester Minerals, L.P. The company was founded in 1982 and is based in Dallas, Texas.