DMLP

Dorchester Minerals, L.P. [DMLP] Stock Forecast

Q: What is Dorchester Minerals, L.P. stock symbol ?

Dorchester Minerals, L.P. is a US stock, located in Dallas of Tx and trading under the symbol DMLP

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DMLP Stock Summary

Earnings have grown 82.82% per last year.

EPS has been increasing for the past 3 years (Yearly statements)

The Moving Average Convergence Divergence (MACD) for DMLP recently turned positive (within last 10 days).

Earnings are expected to fall -100% next year

EPS has been decreasing for the past 3 quarters (Quarter statements)

Profit margins (0.75%) are lower than the previous year (0.76%)

DMLP's dividend payments are not well covered by cash flows due to its high cash payout ratio (119.26%).

DMLP has less than 1 year of cash runway

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In the News

05:16 10 Jun 2023 DMLP

Did You Go Away In May? Here's A Nifty 50 Divvy Dog Cure

Months ago, I first queried YCharts for U.S. dividend stocks yielding greater than 5% annually and solely pegged “attractive” in Y-ratings (ranging from “not-rated” to “avoid”, “neutral”, or “attractive”). My recent query revealed June's divvy nifty 53 stocks; of which, 50 measure up to the dogcatcher-ideal of promising dividend payouts, from $1k invested, greater-than their single-share prices. How're they doin' now? The top ten ranged 12.08% to 43.78% in annual yield and ranged 37.59% to 53.11% in one-year price-target-upsides per brokers as of 6/1/23.

10:38 10 Jun 2023 DMLP

Dorchester Minerals Has An Extra Lever Against The Market

Dorchester Minerals has an asset-light business model that de-risks it from the boom-and-bust cycle of the energy sector. DMLP's high profitability and low valuation make it attractive for investors, particularly income-seekers. Dorchester Minerals' focus on returning free cash flow to unitholders provides an edge in beating the market.

08:49 10 Jun 2023 DMLP

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

Dorchester announced a Q1 2023 distribution of $0.989656 per unit, well above my expectations for $0.80 to $0.85 per unit. This was driven by increased production, particularly NPI production.

02:00 10 Jun 2023 DMLP

A Recession Is Near, Your Income Matters

Recession probability has significantly increased; is your income safe? Corporate America will prioritize profits over people.

04:40 10 Jun 2023 DMLP

Dorchester Minerals: Low Breakeven Pricing Provides Recession Resistance

With the majority of the company's wells in the Midland and Permian basins, a low breakeven cost should keep this company profitable even in a downturn. The remainder of the wells in the Bakken has a higher breakeven but are still lower than energy is likely to reach.

07:01 10 Jun 2023 DMLP

48 Easy Pickin' Divvy Nifty 51 Stocks To Buy Now

On a whim, I queried YCharts for U.S. dividend stocks yielding greater than 5% annually and only pegged “attractive” in their Y-ratings (ranging from “not-rated” to “avoid,” “neutral”, or “attractive”.). My query produced this list of May Divvy Nifty 51 stocks; of which, 48 measure up to the dogcatcher ideal: dividend payouts, from $1k invested, greater than their single-share prices.

10:08 10 Jun 2023 DMLP

Small-Cap Energy Producers Ranked By Quality

Forty-nine small-cap energy producers are ranked on relative quality using a matrix with factors including, valuation, profitability, FCF, and debt. The quality matrix is a broad effort to identify those small-cap producers that are likely to be amongst the best and poorest investments in the group.

02:30 10 Jun 2023 DMLP

Dorchester Minerals: Q1 2023 Distribution Benefits From Cash Receipts Timing

Dorchester Minerals, L.P.'s margins remain strong due to its production being around 65% oil and nearly 75% royalty based. Dorchester's NPI production spiked up in Q4 2022, which should benefit its Q1 2023 distribution due to the timing of cash receipts.

07:03 10 Jun 2023 DMLP

Energy Income Weekly: Strong Fundamentals Continue To Drive Equity Outperformance

Strong commodity prices caused gathering and processing and royalty trust equities to outperform. Fourth quarter energy sector earnings are coming in strong.

02:50 10 Jun 2023 DMLP

Dorchester Minerals: A High-Quality Equity That Can Support A 10% Yield

Dorchester Minerals, L.P. is one of the best-managed publicly-traded royalty companies. Dorchester Minerals units offer a 10% yield and have 7.5% upside to our price target.

DMLP Financial details

Company Rating

Strong Buy

Market Cap

1.14B

Income

128.05M

Revenue

170.57M

Book val./share

4.29

Cash/share

1.17

Dividend

3.98

Dividend %

13.39%

Employees

Optionable

Shortable

Yes

Earnings

02 Aug 2023

P/E

8.9

Forward P/E

PEG

1.26

P/S

6.68

P/B

6.93

P/C

25.69

P/FCF

7.24

Quick Ratio

17.7

Current Ratio

17.7

Debt / Equity

0.03

LT Debt / Equity

0.01

EPS (TTM)

3.31

EPS next Y

EPS next Q

EPS this Y

78.87%

EPS next Y

EPS next 5Y

EPS last 5Y

16.6%

Revenue last 5Y

18.44%

Revenue Q/Q

3.3%

EPS Q/Q

-6.58%

SMA20

3.45%

SMA50

7.14%

SMA100

Inst Own

22.62%

Inst Trans

0.82%

ROA

76%

ROE

98%

ROC

0.68%

Gross Margin

80%

Oper. Margin

66%

Profit Margin

75%

Payout

115%

Shs Outstand

38.37M

Shs Float

35.55M

Target Price

52W Range

22.51-32.61

52W High

-6.06%

52W Low

+36.64%

RSI

Rel Volume

0.46

Avg Volume

83.31K

Volume

38.61K

Perf Week

2.98%

Perf Month

0.43%

Perf Quarter

8.91%

Perf Half Y

5.99%

Beta

1.17452

Volatility

0.2%, 0.61%

Prev Close

1.21%

Price

30.06

Change

0.57%

DMLP Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	2.27	2.31	1.35	2.67	4.54
Net income per share	1.67	1.55	0.63	2	3.47
Operating cash flow per share	1.94	1.94	1.14	2.01	3.91
Free cash flow per share	1.94	1.94	1.14	2.01	3.91
Cash per share	0.57	0.45	0.32	0.81	1.08
Book value per share	0	0	0	0	4.56
Tangible book value per share	2.68	3.29	2.44	4.06	4.56
Share holders equity per share	0	0	0	0	4.56
Interest debt per share	0	0.07	0.06	0.05	0.04
Market cap	472.58M	665.8M	378.36M	693.68M	1.13B
Enterprise value	454.29M	652.95M	369.31M	667.26M	1.09B
P/E ratio	8.77	12.62	17.3	9.89	8.62
Price to sales ratio	6.45	8.45	8.06	7.43	6.59
POCF ratio	7.56	10.07	9.6	9.87	7.66
PFCF ratio	7.57	10.07	9.6	9.87	7.66
P/B Ratio	0	0	0	0	6.57
PTB ratio	0	0	0	0	6.57
EV to sales	6.2	8.29	7.87	7.14	6.36
Enterprise value over EBITDA	7.23	9.85	10.86	8.25	7.25
EV to operating cash flow	7.27	9.88	9.37	9.49	7.39
EV to free cash flow	7.27	9.88	9.37	9.49	7.39
Earnings yield	0.11	0.08	0.06	0.1	0.12
Free cash flow yield	0.13	0.1	0.1	0.1	0.13
Debt to equity	0	0	0	0	0.03
Debt to assets	0.01	0.04	0.04	0.03	0.03
Net debt to EBITDA	-0.29	-0.19	-0.27	-0.33	-0.26
Current ratio	61.97	11.97	9.7	16.65	18.31
Interest coverage	0	0	0	0	0
Income quality	1.16	1.25	1.8	1	1.13
Dividend Yield	0.12	0.11	0.13	0.08	0.12
Payout ratio	1.08	1.34	2.27	0.8	1.05
Sales general and administrative to revenue	0.07	0.08	0.16	0.06	0.05
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	0	0	0	0	18.87
ROIC	1.06	0.63	0.34	0.8	1.43
Return on tangible assets	0.61	0.45	0.25	0.48	0.74
Graham Net	0.8	0.6	0.37	1.07	1.39
Working capital	29.63M	25.92M	16.34M	43.86M	59.06M
Tangible asset value	86.65M	112.34M	84.56M	142.41M	171.52M
Net current asset value	28.84M	23.74M	14.46M	42.26M	57.74M
Invested capital	0	0	0	0	0.01
Average receivables	11.68M	12.39M	9.97M	12.67M	20.03M
Average payables	510K	1.24M	1.82M	2.05M	2.82M
Average inventory	0	0	0	0	0
Days sales outstanding	58.94	59.95	54.36	71.71	46.4
Days payables outstanding	10.63	37.55	32.72	50.77	35.74
Days of inventory on hand	0	0	0	0	0
Receivables turnover	6.19	6.09	6.71	5.09	7.87
Payables turnover	34.34	9.72	11.15	7.19	10.21
Inventory turnover	0	0	0	0	0
ROE	0	0	0	0	0.76
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2023-03-31 for Q1

Metric	2022-03-31	2022-06-30	2022-09-30	2022-12-31	2023-03-31
Revenue per share	1.09	1.26	1.17	1.03	1.05
Net income per share	0.83	0.99	0.91	0.76	0.73
Operating cash flow per share	0.77	1.04	1.22	0.89	1.01
Free cash flow per share	0.77	1.04	1.22	0.89	1.01
Cash per share	0.89	1.14	1.38	1.08	1.17
Book value per share	0	4.56	5.01	0	4.29
Tangible book value per share	4.42	4.56	5.01	4.56	4.29
Share holders equity per share	0	4.56	5.01	0	4.29
Interest debt per share	0.05	0.05	0.04	0.04	0.04
Market cap	959.92M	895.69M	938.35M	1.13B	1.16B
Enterprise value	928.76M	854.45M	888.03M	1.09B	1.12B
P/E ratio	7.84	6	6.86	9.89	10.35
Price to sales ratio	23.76	18.87	21.3	28.96	28.94
POCF ratio	33.78	22.95	20.43	33.44	30
PFCF ratio	33.78	22.95	20.43	33.44	30
P/B Ratio	0	5.23	4.99	0	7.06
PTB ratio	0	5.23	4.99	0	7.06
EV to sales	22.99	18	20.16	27.95	27.85
Enterprise value over EBITDA	30.33	22.89	25.96	38.19	39.86
EV to operating cash flow	32.69	21.89	19.33	32.28	28.88
EV to free cash flow	32.69	21.89	19.33	32.28	28.88
Earnings yield	0.03	0.04	0.04	0.03	0.02
Free cash flow yield	0.03	0.04	0.05	0.03	0.03
Debt to equity	0	0.03	0.04	0	0.03
Debt to assets	0.03	0.03	0.04	0.03	0.03
Net debt to EBITDA	-1.02	-1.1	-1.47	-1.38	-1.55
Current ratio	18.57	16.62	13.73	18.31	17.7
Interest coverage	0	0	0	0	0
Income quality	0	0	0	0	0
Dividend Yield	0.03	0.03	0.04	0.04	0.03
Payout ratio	0.8	0.78	1.1	1.59	1.25
Sales general and administrative to revenue	0.05	0.03	0.06	0.06	0.07
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	0	10.1	10.13	0	8.4
ROIC	0.31	0.42	0.39	0.31	0.35
Return on tangible assets	0.18	0.21	0.18	0.16	0.17
Graham Net	1.28	1.58	1.67	1.39	1.38
Working capital	55.45M	68.28M	70.07M	59.06M	58.66M
Tangible asset value	163.33M	171.37M	188.23M	171.52M	164.54M
Net current asset value	53.92M	66.83M	68.69M	57.74M	57.42M
Invested capital	0	0.01	0.01	0	0.01
Average receivables	21.99M	27.65M	26.63M	22.65M	19.44M
Average payables	2.69M	3.48M	4.65M	4.18M	3.18M
Average inventory	0	0	0	0	0
Days sales outstanding	57.1	56.27	48.19	50.26	38.48
Days payables outstanding	33.36	42.84	63.22	34.25	31.1
Days of inventory on hand	0	0	0	0	0
Receivables turnover	1.58	1.6	1.87	1.79	2.34
Payables turnover	2.7	2.1	1.42	2.63	2.89
Inventory turnover	0	0	0	0	0
ROE	0	0.22	0.18	0	0.17
Capex per share	0	0	0	0	0

DMLP Dividend History

DMLP Frequently Asked Questions

What is Dorchester Minerals, L.P. stock symbol ?

Dorchester Minerals, L.P. is a US stock , located in Dallas of Tx and trading under the symbol DMLP

What is Dorchester Minerals, L.P. stock quote today ?

Dorchester Minerals, L.P. stock price is $30.06 today.

Is Dorchester Minerals, L.P. stock public?

Yes, Dorchester Minerals, L.P. is a publicly traded company.

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Company Profile

Volume Average 83.31K
Market Capitalization 1.14B
Employee 28
CEO Mr. Bradley J. Ehrman
Headquarters Dallas,TX,US
IPO Date 2003-02-03
Website https://www.dmlp.net

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests in the United States. Its royalty properties consist of producing and nonproducing mineral, royalty, and overriding royalty interests located in 582 counties and parishes in 26 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 1982 and is based in Dallas, Texas.