NewsStocksDorchester Minerals, L.P. Reports Second Quarter 2026 Net Income of $30.9 Million

Dorchester Minerals, L.P. Reports Second Quarter 2026 Net Income of $30.9 Million

Author: GlobeNewswire·

Key Takeaways

  • Dorchester Minerals reported net income of $30,871,000, or $0.62 per common unit, for the quarter ended June 30, 2026.
  • The partnership declared a second quarter cash distribution of $1.272943 per common unit, payable on August 13, 2026 to unitholders of record as of August 3, 2026.
  • Cash distributions are not directly comparable to net earnings because the partnership distributes available cash flow while non-cash depletion charges reduce reported income without affecting distributable cash.
  • Dorchester Minerals owns oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests across 28 states.
  • The partnership's revenue is sensitive to prevailing commodity prices and the pace of drilling and development activity by third-party operators on its acreage.
Dorchester Minerals, L.P. Reports Second Quarter 2026 Net Income of $30.9 Million

DALLAS, Aug. 06, 2026 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (the "Partnership") (NASDAQ-DMLP) today reported net income of $30,871,000, or $0.62 per common unit, for the quarter ended June 30, 2026.

The Partnership had previously declared a second quarter cash distribution of $1.272943 per common unit. The distribution is payable on August 13, 2026 to common unitholders of record as of August 3, 2026. Dorchester noted that its cash distributions are not directly comparable to net earnings due to timing differences and other factors, including depletion. This gap reflects the partnership's structure as a publicly traded limited partnership that distributes available cash flow rather than accounting earnings, and non-cash depletion charges common among mineral and royalty owners can reduce reported net income without a corresponding reduction in distributable cash.

Headquartered in Dallas, Texas, Dorchester Minerals, L.P. owns producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests across 28 states. Because the Partnership's interests are predominantly passive — collecting royalties on production by third-party operators rather than bearing the costs of drilling and development — its revenue is sensitive to prevailing commodity prices and the pace of operator activity on its acreage. The Partnership's common units trade on the Nasdaq Global Select Market under the ticker symbol DMLP.

Forward-Looking Statements

Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected.

Examples of these uncertainties and risk factors include, but are not limited to: changes in the price or demand for oil and natural gas; changes in operations on or development of the Partnership's properties; changes in economic and industry conditions; and changes in regulatory requirements, including environmental requirements, as well as the Partnership's financial position, business strategy, and other plans and objectives for future operations. These and other factors are described in the Partnership's filings with the Securities and Exchange Commission.

Contact:

Martye Miller
3838 Oak Lawn Ave., Suite 300
Dallas, Texas 75219-4541
(214) 559-0300