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NASDAQ · Oil & Gas E&P · USD

Dorchester Minerals, L.P. (DMLP) Stock Analysis

Dorchester Minerals, L.P. (DMLP) is a Oil & Gas E&P stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

DMLP

$29.98

−$0.18 (−0.60%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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DMLP Key Statistics

As of Oct 21, 2026
Trading
Open
$30.08
Previous Close
$30.16
Day's Range
29.90–30.25
52-Week Range
20.85–30.54
Volume
41.83K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.61
Valuation
Market Cap
$1.47B
P/E Ratio
17.13
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.83
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
7.90
EPS (ttm)Profit attributable to each share over the last twelve months.
1.75
Financials (FY)
Revenue (FY)
$152.83M−5.38%
Net Income (FY)
$57.35M−37.96%
Profit marginThe share of revenue left as profit after all costs and taxes.
45.30%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
49.09M
1-Year Return
+39.13%
Dividend and dates
Dividend
$3.19+10.59%
Ex-Dividend Date
August 3, 2026
Earnings Date
November 5, 2026estimated
Avg Volume
145.88K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, DMLP closed at $29.98, +39.13% over 1 year.

Dorchester Minerals, L.P. (DMLP) has a market capitalization of $1.47B.

In fiscal 2025, DMLP reported revenue of $152.83M.

DMLP Stock Return by Calendar Year

Dorchester Minerals, L.P. (DMLP) 10-year return: what $10,000 became

1 year
$10,000 $13,913
+39.13%
5 years
$10,000 $25,959
+159.59%
10 years
$10,000 $56,893
+468.93%

If you had invested $10,000 in Dorchester Minerals, L.P. (DMLP) 10 years ago, at the close on October 21, 2016, it would have been worth $56,893 at the close on October 21, 2026: +468.93% in total, +18.99% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+47.37%
2025−25.92%
2024+16.59%
2023+18.99%
2022+71.68%
2021+98.93%
2020−37.39%
2019+48.52%
2018+6.12%
2017−6.93%
2016 (partial year)+13.37%

As of October 21, 2026.

DMLP Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$152.83M$57.35M37.5%
2024$161.52M$92.45M57.2%
2023$163.80M$114.12M69.7%
2022$170.80M$130.61M76.5%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$152.83M$70.68M$57.35M$57.35M37.5%
2024$161.52M$104.38M$92.45M$92.45M57.2%
2023$163.80M$125.28M$114.12M$114.12M69.7%
2022$170.80M$138.83M$130.61M$130.61M76.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

DMLP Dividend History

$2.78−20.4% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$2.503—
2025$2.784−20.4%
2024$3.494+2.7%
2023$3.404−2.9%
YearDividends per sharePaymentsChange
2026 (partial year)$2.503—
2025$2.784−20.4%
2024$3.494+2.7%
2023$3.404−2.9%
2022$3.504+128.0%
2021$1.534+10.3%
2020$1.394−30.9%
2019$2.014+15.9%
2018$1.744+50.3%
2017$1.164+358.7%
2016$0.251—

Most recent payment: $0.83 per share, ex-dividend August 3, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

DMLP Valuation vs Oil & Gas E&P Median

Median of 116 stocks
MetricDMLPOil & Gas E&P medianvs median
P/E17.1314.6517% above
P/S ratio7.902.413.3x the median
Profit margin45.30%12.09%33.2 pts above

Medians across 116 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 10 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Dorchester Minerals, L.P. (DMLP) carries a market capitalisation of $1.47B. It is classified in the Oil & Gas E&P industry, within the Energy sector. Headcount on file is 26.

DMLP last closed at $29.98 on October 21, 2026. That is −$0.18 (−0.60%) against the previous close. The 52-week range on file runs from $20.85 to $30.54. The latest close sits 43.79% above that 52-week low.

Financial Health

In fiscal 2025, Dorchester Minerals, L.P. reported revenue of $152.83M. Against the prior fiscal year total of $161.52M, that is a change of −5.38%. The same year closed with net income of $57.35M. That is −37.96% against the prior fiscal year. The reported profit margin is 45.3%. That is 33.2 percentage points above the Oil & Gas E&P median of 12.09%. Earnings per share on a trailing basis come to 1.75.

Across the 4 fiscal years on file, revenue moves from $170.80M in 2022 to $152.83M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 17.13 times earnings. That is 16.93% above the Oil & Gas E&P median of 14.65. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.83. Measured against sales, the shares trade at 7.9 times revenue. On price-to-sales that is 3.3 times the Oil & Gas E&P median of 2.41. 116 Oil & Gas E&P companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.61. Daily returns over the trailing 10 years annualize to a volatility of 31.17%. The trailing one-year total return is +39.13%. Across 10 years the annualized return works out at +18.99%.

Growth & Income

The trailing dividend yield is 10.59%. That is 7.3 percentage points above the Oil & Gas E&P median yield of 3.27%. At the indicated rate that is $3.19 a share a year. The ex-dividend date on file is August 3, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $2.50 a share. The year before, 2025, totalled $2.78 a share.

So far in 2026 the total return is +47.37%. The strongest complete calendar year on file is 2021 at +98.93%; the weakest is 2020 at −37.39%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Dorchester Minerals, L.P. (DMLP) operates in the Oil & Gas E&P industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Dorchester Minerals, L.P. DMLP $1.47B 17.1
ConocoPhillips COP $175.00B 19.3
Canadian Natural Resources Limited CNQ $111.69B 13.3
EOG Resources, Inc. EOG $82.81B 12.3

The Oil & Gas E&P industry average P/E ratio is 14.6x. Dorchester Minerals, L.P. trades at a P/E of 17.1.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Dorchester Minerals, L.P.

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, which represent net profits overriding royalty interests in various properties owned by the operating partnership. The company was founded in 1982 and is based in Dallas, Texas.

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