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General information

Country: UNITED STATES

Sector: Oil and Gas E and P

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profits, and leasehold interests in the United States. Its royalty properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests located in 592 counties and parishes in 27 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 2003 and is based in Dallas, Texas.
  • Dividend yield for the last twelve months 11.5%
  • Free cash flow yield 0.6% (LTM)
  • Share price is 124.1% higher than minimum and 8.5% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (8.1x vs
    )

Key Financials (Download financials)

Ticker: DMLP
Share price, USD:  (+0.2%)30.61
year average price 29.70  


year start price 31.31 2023-03-02

min close price 27.21 2023-03-17

max close price 33.47 2024-01-25

current price 30.54 2024-02-29
Common stocks: 38 372 000

Dividend Yield:  11.5%
FCF Yield LTM: 0.6%
EV / LTM EBITDA: 8.1x
EV / EBITDA annualized: 6.4x
Target EV / EBITDA (hist percentile):
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 1 175
Net Debt ($m): -46
EV (Enterprise Value): 1 129
EBITDA LTM ($m): 140
EV / LTM EBITDA: 8.1x
Price to Book: 6.5x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2024-02-05Seeking Alpha

Dorchester Minerals: A Buy For Dividend Investors With A 13% Yield

2024-02-04Seeking Alpha

Dorchester Minerals: Royalty Trust, 13% Yield

2023-12-08Seeking Alpha

It's Raining Dividends With These 2 Amazing Picks

2023-05-31Seeking Alpha

Dorchester Minerals Has An Extra Lever Against The Market

2023-05-28Seeking Alpha

Dorchester Minerals: Q1 2023 Distribution Reached Nearly $1 Due To Increased Production

2023-05-11Seeking Alpha

Dorchester Minerals: Low Breakeven Pricing Provides Recession Resistance

2023-05-05Seeking Alpha

48 Easy Pickin' Divvy Nifty 51 Stocks To Buy Now
More information for subscribed users:
detailed calculation of Potential,
commodities and currency affecting the company