Dorchester Minerals, L.P.
DMLP
Last
$29.75
Day
+1.0%
1y
+19.0%
5y
+46.6%
52w
-3.6%
SPY YTD
+13.3%
XLE
+42.9%
Earnings
2026-11-0525d
EMA 21
29.03
EMA 50
28.61
EMA 200
27.32
20d high
-3.6%
5y high
-17.6%
5y range
66th
Positions held
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Add it to see shares, cost, and P&L here.
Score
50
Hold
swing
Signal
Strong Buy
Target
$31.38
Stop
$28.49
Stop distance
4.2%
Target vs last
+5.5%
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
Bull case
- Dorchester Minerals, L.P. operates in a competitive oil and gas industry with a strong focus on maximizing profit margins, evidenced by their gross margin of 61.8%.
- In the most recent quarter, Dorchester reported a gross margin of 61.8%, up from 56.7% in the prior quarter.
- The company's operating margin expanded to 55% in the latest quarter, indicating improved operational efficiency.
Bear case
- Despite strong margins, Dorchester's revenue decreased by 5% compared to the prior quarter, raising concerns about demand sustainability.
- The trailing P/E ratio stands at 16.64, which may indicate overvaluation given the recent revenue decline.
- The overall score is neutral at 8.00, reflecting mixed signals in market trends and technical indicators.
Fundamentals
| Market cap | $1.45B | Enterprise value | $1.37B | Trailing P/E | 16.83 | Forward P/E | — |
| PEG | 0.83 | Price / book | 4.60 | Beta | 0.61 | Dividend yield | 10.91% |
| Revenue growth | 73.1% | Earnings growth | 145.8% | Gross margin | 92.9% | Operating margin | 55.1% |
| Profit margin | 45.3% | ROE | 28.0% | ROA | 17.1% | Debt / equity | 0.01 |
| Current ratio | 13.85 | Free cash flow | $124.23M | Analyst recommendation | none | Mean target | — |
| 52w high | $30.54 | 52w low | $20.85 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $56.1M | $58.9M | $41.9M | $35.4M | $32.4M | — |
| Op margin | 55.1% | 49.5% | 38.7% | 31.5% | 38.1% | — |
| Net income | $30.9M | $29.1M | $16.2M | $11.2M | $12.3M | — |
| Gross margin | 61.8% | 56.7% | 46.5% | 39.8% | 46.8% | — |
| Gross profit | $34.6M | $33.4M | $19.4M | $14.1M | $15.2M | — |
| Operating income | $30.9M | $29.1M | $16.2M | $11.2M | $12.3M | — |
- Revenue -5% vs prior quarter ($56M vs $59M).
- Gross margin 61.8% (was 56.7% prior quarter).
- Operating margin expanded to 55%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $153M | $162M | $164M | $171M |
| Op margin | 37.5% | 57.2% | 69.7% | 76.5% |
| Net income | $57.4M | $92.4M | $114M | $131M |
| Gross margin | 46.2% | 64.6% | 76.5% | 81.3% |
| Gross profit | $70.7M | $104M | $125M | $139M |
| Operating income | $57.4M | $92.4M | $114M | $131M |
Headline scan
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-08-07 · Dorchester Minerals, L.P. Announces Second Quarter Results
2026-08-03 · Dorchester Minerals, L.P. Announces Acquisition of Mineral and Royalty Interests
2026-08-03 · Dorchester Minerals LP's Dividend Analysis
2026-07-25 · Is Dorchester Minerals (DMLP) A Bargain On Its New Q2 2026 Cash Distribution?
2026-07-23 · Dorchester Minerals, L.P. Announces Its Second Quarter Distribution
Price (daily)
Full chart · RSI · MACD · patternsDMLP · daily+1.2% over 13 sessions
Close EMA21 EMA50 EMA200
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin