{"id":524293,"date":"2021-08-05T12:48:05","date_gmt":"2021-08-05T16:48:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dorchester-minerals-l-p-announces-second-quarter-results\/"},"modified":"2021-08-05T12:48:05","modified_gmt":"2021-08-05T16:48:05","slug":"dorchester-minerals-l-p-announces-second-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dorchester-minerals-l-p-announces-second-quarter-results\/","title":{"rendered":"Dorchester Minerals, L.P. Announces Second Quarter Results"},"content":{"rendered":"
\n

DALLAS, Aug. 05, 2021 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (the \u201cPartnership\u201d) (NASDAQ-DMLP) announced today the Partnership\u2019s net income for the quarter ended June 30, 2021 of $16,509,000, or $0.46 per common unit.<\/p>\n

A comparison of the Partnership\u2019s consolidated results for the quarters ended June 30, 2021 and 2020 are set forth below:<\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n<\/tr>\n
\u00a0<\/td>\nJune 30,<\/td>\n\u00a0<\/td>\nJune 30,<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n2021<\/td>\n\u00a0<\/td>\n2020<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2021<\/td>\n\u00a0<\/td>\n2020<\/td>\n<\/tr>\n
Operating Revenues<\/td>\n$<\/td>\n21,361,000<\/td>\n\u00a0<\/td>\n$<\/td>\n6,795,000<\/td>\n\u00a0<\/td>\n$<\/td>\n39,150,000<\/td>\n\u00a0<\/td>\n$<\/td>\n22,271,000<\/td>\n<\/tr>\n
Net Income<\/td>\n$<\/td>\n16,509,000<\/td>\n\u00a0<\/td>\n$<\/td>\n1,192,000<\/td>\n\u00a0<\/td>\n$<\/td>\n28,310,000<\/td>\n\u00a0<\/td>\n$<\/td>\n9,953,000<\/td>\n<\/tr>\n
Net Income Per Common Unit<\/td>\n$<\/td>\n0.46<\/td>\n\u00a0<\/td>\n$<\/td>\n0.03<\/td>\n\u00a0<\/td>\n$<\/td>\n0.79<\/td>\n\u00a0<\/td>\n$<\/td>\n0.28<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

The Partnership previously declared its second quarter distribution in the amount of $0.480528 per common unit payable on August 12, 2021 to common unit holders of record as of August 2, 2021. The Partnership\u2019s cash distributions are not comparable to its net earnings due to timing and other differences including depletion.<\/p>\n

Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 26 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP.<\/p>\n

FORWARD-LOOKING STATEMENTS<\/p>\n

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 such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership\u2019s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership\u2019s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership’s filings with the Securities and Exchange Commission.\u00a0<\/p>\n\n\n
Contact:<\/td>\nMartye Miller<\/td>\n(214) 559-0300<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

DALLAS, Aug. 05, 2021 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (the \u201cPartnership\u201d) (NASDAQ-DMLP) announced today the Partnership\u2019s net income for the quarter ended June 30, 2021 of $16,509,000, or $0.46 per common unit. A comparison of the Partnership\u2019s consolidated results for the quarters ended June 30, 2021 and 2020 are set forth below: \u00a0 Three Months Ended \u00a0 Six Months Ended \u00a0 June 30, \u00a0 June 30, \u00a0 \u00a0 2021 \u00a0 2020 \u00a0 \u00a0 2021 \u00a0 2020 Operating Revenues $ 21,361,000 \u00a0 $ 6,795,000 \u00a0 $ 39,150,000 \u00a0 $ 22,271,000 Net Income $ 16,509,000 \u00a0 $ 1,192,000 \u00a0 $ 28,310,000 \u00a0 $ 9,953,000 Net Income Per Common Unit $ 0.46 \u00a0 $ 0.03 \u00a0 $ 0.79 \u00a0 $ 0.28 \u00a0 … <\/p>\n

Continue reading “Dorchester Minerals, L.P. Announces Second Quarter Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-524293","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDorchester Minerals, L.P. Announces Second Quarter Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dorchester-minerals-l-p-announces-second-quarter-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dorchester Minerals, L.P. 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