{"id":816062,"date":"2025-02-20T17:26:02","date_gmt":"2025-02-20T22:26:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dorchester-minerals-l-p-announces-2024-results\/"},"modified":"2025-02-20T17:26:02","modified_gmt":"2025-02-20T22:26:02","slug":"dorchester-minerals-l-p-announces-2024-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dorchester-minerals-l-p-announces-2024-results\/","title":{"rendered":"Dorchester Minerals, L.P. Announces 2024 Results"},"content":{"rendered":"
\n

DALLAS, Feb. 20, 2025 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (the \u201cPartnership\u201d) (NASDAQ-DMLP) announced today the Partnership\u2019s net income for the year ended December\u00a031, 2024 of $92,449,000 or $2.13 per common unit.<\/p>\n

A comparison of the Partnership\u2019s consolidated results for the twelve month periods ended December\u00a031, 2024 and 2023 are set forth below:<\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\nTwelve Months Ended<\/td>\n<\/tr>\n
\u00a0<\/td>\nDecember\u00a031,<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n2024<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Revenues<\/td>\n$161,523,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$163,799,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income<\/td>\n$92,449,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$114,117,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income Per Common Unit<\/td>\n$2.13<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$2.85<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n<\/table>\n

The Partnership\u2019s independent engineering consultant estimated its total proved oil and natural gas reserves to be 17.0 million barrels of oil equivalent (mmboe) as of December\u00a031, 2024. Approximately 86% of these reserves are attributable to the Partnership\u2019s Royalty Properties and 14% are attributable to its Net Profits Interest. Oil and natural gas liquids accounted for 65% of proved reserves as of December\u00a031, 2024, all of which were classified as proved developed producing.<\/p>\n

The Partnership distributed a total of $141.6 million to its common unitholders from May 2024 through February\u00a02025 attributable to 2024 activity.<\/p>\n

Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests in 28 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.<\/p>\n\n\n
Contact:<\/td>\nMartye Miller <\/p>\n<\/td>\n(214) 559-0300 <\/p>\n<\/td>\n<\/tr>\n<\/table>\n

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

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

DALLAS, Feb. 20, 2025 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (the \u201cPartnership\u201d) (NASDAQ-DMLP) announced today the Partnership\u2019s net income for the year ended December\u00a031, 2024 of $92,449,000 or $2.13 per common unit. A comparison of the Partnership\u2019s consolidated results for the twelve month periods ended December\u00a031, 2024 and 2023 are set forth below: \u00a0 Twelve Months Ended \u00a0 December\u00a031, \u00a0 \u00a0 2024 \u00a0 \u00a0 \u00a0 2023 \u00a0 Operating Revenues $161,523,000 \u00a0 \u00a0 $163,799,000 \u00a0 Net Income $92,449,000 \u00a0 \u00a0 $114,117,000 \u00a0 Net Income Per Common Unit $2.13 \u00a0 \u00a0 $2.85 \u00a0 \u00a0 The Partnership\u2019s independent engineering consultant estimated its total proved oil and natural gas reserves to be 17.0 million barrels of oil equivalent (mmboe) as of December\u00a031, 2024. Approximately … <\/p>\n

Continue reading “Dorchester Minerals, L.P. Announces 2024 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-816062","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDorchester Minerals, L.P. Announces 2024 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-2024-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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