Price History

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

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DMLP Key Statistics

As of Sep 4, 2026

Trading

Open: $29.15
Previous Close: $29.25
Day's Range: 29.00–29.48
52-Week Range: 20.85–29.60
Volume: 104.70K
Beta: 0.52

Valuation

Market Cap: $1.43B
P/E Ratio: 16.69
PEG Ratio: 0.83
P/S ratio: 7.69
EPS (ttm): 1.75

Financials (FY)

Revenue (FY): $152.83M−5.38%
Net Income (FY): $57.35M−37.96%
Profit margin: 45.30%
Shares Outstanding: 49.09M
1-Year Return: +29.85%

Dividend and dates

Dividend: $3.19+10.92%
Ex-Dividend Date: August 3, 2026
Earnings Date: November 5, 2026estimated
Avg Volume: 191.50K

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

DMLP Stock Return by Calendar Year

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

−37.39%+98.93%+43.59%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+43.59%
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 September 4, 2026.

DMLP Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$152.83M	$57.35M	37.5%
2024	$161.52M	$92.45M	57.2%
2023	$163.80M	$114.12M	69.7%
2022	$170.80M	$130.61M	76.5%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$152.83M	$70.68M	$57.35M	$57.35M	37.5%
2024	$161.52M	$104.38M	$92.45M	$92.45M	57.2%
2023	$163.80M	$125.28M	$114.12M	$114.12M	69.7%
2022	$170.80M	$138.83M	$130.61M	$130.61M	76.5%

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

DMLP Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$2.78−20.4% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$2.50	3	—
2025	$2.78	4	−20.4%
2024	$3.49	4	+2.7%
2023	$3.40	4	−2.9%

Year	Dividends per share	Payments	Change
2026 (partial year)	$2.50	3	—
2025	$2.78	4	−20.4%
2024	$3.49	4	+2.7%
2023	$3.40	4	−2.9%
2022	$3.50	4	+128.0%
2021	$1.53	4	+10.3%
2020	$1.39	4	−30.9%
2019	$2.01	4	+15.9%
2018	$1.74	4	+50.3%
2017	$1.16	4	+358.7%
2016	$0.25	1	—

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 122 stocks

Metric	DMLP	Oil & Gas E&P median	vs median
P/E	16.69	15.00	11% above
P/S ratio	7.69	2.33	3.3x the median
Profit margin	45.30%	11.54%	33.8 pts above

Medians across 122 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

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

Analysis

Data-derived

Company Overview

Dorchester Minerals, L.P. (DMLP) carries a market capitalisation of $1.43B. It is classified in the Oil & Gas E&P industry, within the Energy sector. Headcount on file is 26.

DMLP last closed at $29.21 on September 4, 2026. That is −$0.04 (−0.14%) against the previous close. The 52-week range on file runs from $20.85 to $29.60. The latest close sits 40.1% 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 33.8 percentage points above the Oil & Gas E&P median of 11.54%. 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 16.69 times earnings. That is 11.27% above the Oil & Gas E&P median of 15. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.83. Measured against sales, the shares trade at 7.69 times revenue. On price-to-sales that is 3.3 times the Oil & Gas E&P median of 2.33. 122 Oil & Gas E&P companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.52. Daily returns over the trailing 10 years annualize to a volatility of 31.41%. The trailing one-year price return is +29.85%. Across 10 years the annualized return works out at +18.75%.

Growth & Income

The trailing dividend yield is 10.92%. That is 7.4 percentage points above the Oil & Gas E&P median yield of 3.49%. 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 price is +43.59%. 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	$1.43B	16.7
ConocoPhillips	COP	$161.29B	17.9
Canadian Natural Resources Limited	CNQ	$104.02B	12.5
EOG Resources, Inc.	EOG	$76.16B	11.4

The Oil & Gas E&P industry average P/E ratio is 15.0x. Dorchester Minerals, L.P. trades at a P/E of 16.7.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 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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Dorchester Minerals, L.P. (DMLP) Stock Analysis