DMLP
Dorchester Minerals, L.P.
NasdaqGSUSDEQUITY
Energy
DELAYED
Buy
+36/100
Last price
29.10
▲ 0.11 (0.38%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
28.99
Prev close
28.99
Day high
29.43
Day low
28.86
Volume
53.40K
Market cap
$1.43B
P/E (TTM)
16.64
52W range
20.85 – 30.54
Day trading desk
Gap from prior close
0.00%
Prior close 28.99
VWAP
29.19
-0.30% from price
Relative volume
0.32×
Quiet session
Session range
1.99%
28.86 – 29.43
Position in range
42%
Mid range
ATR (14D)
0.64
2.18% of price
Prior day high
29.00
PDH
Prior day low
28.21
PDL
Bid / ask spread
—
Quote not published
Session volume
52.84K
Avg 164.28K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+2.00%
+0.0%
1M
-0.31%
-1.5%
3M
+10.64%
+6.1%
6M
+3.70%
-14.5%
YTD
+30.23%
+16.0%
1Y
+14.83%
-1.6%
3Y
+0.24%
-82.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on DMLP open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
2.91M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 19, 26 | MORIYAMA LESLIE A Chief Financial Officer |
BUY | 5.20K | $147.07K | Direct |
| Jun 1, 26 | DORCHESTER MINERALS OPERATING, L.P. Unknown |
BUY | 7.50K | $206.72K | Direct |
| May 20, 26 | DORCHESTER MINERALS OPERATING, L.P. Unknown |
BUY | 7.50K | $212.28K | Direct |
| Feb 13, 26 | DORCHESTER MINERALS OPERATING, L.P. Unknown |
BUY | 20.00K | $504.75K | Direct |
| Dec 22, 25 | DORCHESTER MINERALS OPERATING, L.P. Unknown |
BUY | 15.00K | $334.12K | Direct |
| Dec 18, 25 | DORCHESTER MINERALS OPERATING, L.P. Unknown |
BUY | 20.00K | $445.22K | Direct |
| Dec 15, 25 | EHRMAN BRADLEY J. Chief Executive Officer |
— | 4.73K | — | Direct |
| Dec 15, 25 | MORIYAMA LESLIE A Chief Financial Officer |
— | 4.35K | — | Direct |
| Dec 3, 25 | BOX FRANK DAMON Director |
BUY | 5.00K | $109.83K | Direct |
| Dec 3, 25 | EHRMAN BRADLEY J. Chief Executive Officer |
— | 4.81K | — | Direct |
| Dec 3, 25 | MORIYAMA LESLIE A Chief Financial Officer |
— | 4.02K | — | Direct |
| Dec 1, 25 | EHRMAN BRADLEY J. Chief Executive Officer |
STOCK | 18.00K | $389.34K | Direct |
| Dec 1, 25 | MORIYAMA LESLIE A Chief Financial Officer |
STOCK | 16.00K | $346.08K | Direct |
| Nov 28, 25 | VAUGHN ROBERT C Director |
BUY | 195 | $4.17K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BOX FRANK DAMON |
Director | 9.00K | Purchase |
DORCHESTER MINERALS OPERATING, L.P. |
Unknown | 70.02K | Purchase |
EHRMAN BRADLEY J. |
Chief Executive Officer | 153.91K | Conversion of Exercise of derivative security |
MORIYAMA LESLIE A |
Chief Financial Officer | 103.41K | Purchase |
VAUGHN ROBERT C |
Director | 540.55K | Purchase |
Fundamentals
Market cap$1.43B
Enterprise value$1.36B
Revenue (TTM)$186.39M
Gross profit$173.14M
EBITDA$158.93M
Net income$84.43M
EPS (TTM)$1.75
Free cash flow$124.23M
Total cash$72.50M
Total debt$3.49M
Book value / share$6.40
Shares outstanding49.09M
Float46.13M
Short % of float0.84%
Dividend yield10.97%
Beta (5Y)0.61
Valuation & profitability ratios
Trailing P/E16.64
Forward P/E—
PEG ratio0.83
Price / sales—
Price / book4.55
EV / revenue7.27
EV / EBITDA8.53
Gross margin92.89%
Operating margin55.05%
Profit margin45.30%
Return on equity28.02%
Return on assets17.07%
Debt / equity1.15
Current ratio13.85
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $152.83M | $161.52M | $163.80M | $170.80M | -5.4% |
| Operating revenue | $151.15M | $159.63M | $161.54M | $170.13M | -5.3% |
| Cost of revenue | $82.16M | $57.14M | $38.52M | $31.97M | +43.8% |
| Gross profit | $70.68M | $104.38M | $125.28M | $138.83M | -32.3% |
| Selling, general & admin | $13.32M | $11.93M | $11.16M | $8.22M | +11.7% |
| Total operating expense | $13.32M | $11.93M | $11.16M | $8.22M | +11.7% |
| Operating income | $57.35M | $92.45M | $114.12M | $130.61M | -38.0% |
| Pre-tax income | $57.35M | $92.45M | $114.12M | $130.61M | -38.0% |
| Net income | $57.35M | $92.45M | $114.12M | $130.61M | -38.0% |
| Net income to common | $55.25M | $89.20M | $110.39M | $126.12M | -38.1% |
| Basic EPS | 1.16 | 2.13 | 2.85 | 3.35 | -45.5% |
| Diluted EPS | 1.16 | 2.13 | 2.85 | 3.35 | -45.5% |
| EBIT | $57.35M | $92.45M | $114.12M | $130.61M | -38.0% |
| EBITDA | $123.81M | $135.22M | $140.62M | $149.90M | -8.4% |
| Basic shares | 47.65M | 41.81M | 38.78M | 37.62M | +14.0% |
| Diluted shares | 47.65M | 41.81M | 38.78M | 37.62M | +14.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $41.94M | $42.51M | $47.02M | $40.75M | -1.3% |
| Cash & short-term investments | $41.94M | $42.51M | $47.02M | $40.75M | -1.3% |
| Accounts receivable | $13.97M | $19.24M | $14.41M | $14.54M | -27.4% |
| Total current assets | $58.94M | $67.83M | $69.71M | $62.47M | -13.1% |
| Property, plant & equipment | $250.61M | $298.98M | $121.36M | $113.78M | -16.2% |
| Total assets | $309.55M | $366.81M | $191.06M | $176.24M | -15.6% |
| Total current liabilities | $3.79M | $4.25M | $4.47M | $3.41M | -10.7% |
| Total debt | $777.00K | $1.04M | $1.31M | $1.59M | -25.3% |
| Total liabilities | $4.32M | $5.02M | $5.51M | $4.72M | -14.1% |
| Shareholder equity | $0 | $0 | $0 | $0 | — |
| Working capital | $55.15M | $63.59M | $65.24M | $59.05M | -13.3% |
| Net tangible assets | $0 | $0 | $0 | $0 | — |
| Shares issued | 48.26M | 47.34M | 39.58M | 38.37M | +1.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $57.35M | $92.45M | $114.12M | $130.61M | -38.0% |
| Depreciation & amortisation | $66.46M | $42.77M | $26.50M | $19.29M | +55.4% |
| Change in working capital | $8.67M | -$2.58M | -$776.00K | -$2.85M | +436.4% |
| Operating cash flow | $132.49M | $132.64M | $139.84M | $147.05M | -0.1% |
| Investing cash flow | $3.89M | $14.72M | $2.28M | $2.09M | -73.6% |
| Dividends paid | -$136.94M | -$151.88M | -$135.85M | -$136.69M | +9.8% |
| Financing cash flow | -$136.94M | -$151.88M | -$135.85M | -$136.69M | +9.8% |
| Free cash flow | $132.49M | $132.64M | $139.84M | $147.05M | -0.1% |
| End cash position | $41.94M | $42.51M | $47.02M | $40.75M | -1.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $56.08M | $58.88M | $41.86M | $35.42M | $32.40M | — | -4.8% |
| Operating revenue | $54.72M | $58.34M | $41.48M | $35.01M | $31.92M | — | -6.2% |
| Cost of revenue | $21.44M | $25.47M | $22.41M | $21.32M | $17.23M | — | -15.8% |
| Gross profit | $34.63M | $33.40M | $19.45M | $14.10M | $15.17M | — | +3.7% |
| Selling, general & admin | $3.76M | $4.26M | $3.26M | $2.93M | $2.82M | — | -11.7% |
| Total operating expense | $3.76M | $4.26M | $3.26M | $2.93M | $2.82M | — | -11.7% |
| Operating income | $30.87M | $29.14M | $16.19M | $11.17M | $12.35M | — | +6.0% |
| Pre-tax income | $30.87M | $29.14M | $16.19M | $11.17M | $12.35M | — | +6.0% |
| Net income | $30.87M | $29.14M | $16.19M | $11.17M | $12.35M | — | +6.0% |
| Net income to common | $29.83M | $28.26M | $15.57M | $10.77M | $11.90M | — | +5.6% |
| Basic EPS | 0.62 | 0.59 | — | 0.23 | 0.25 | 0.36 | +5.1% |
| Diluted EPS | 0.62 | 0.59 | — | 0.23 | 0.25 | 0.36 | +5.1% |
| EBIT | $30.87M | $29.14M | $16.19M | $11.17M | $12.35M | — | +6.0% |
| EBITDA | $46.76M | $50.08M | $16.19M | $11.17M | $27.10M | — | -6.6% |
| Basic shares | 48.26M | 48.26M | — | 47.67M | 47.34M | 47.34M | 0.0% |
| Diluted shares | 48.26M | 48.26M | — | 47.67M | 47.34M | 47.34M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $72.50M | $28.16M | $41.94M | $41.61M | $36.51M | +157.5% |
| Cash & short-term investments | $72.50M | $28.16M | $41.94M | $41.61M | $36.51M | +157.5% |
| Accounts receivable | $15.03M | $26.85M | $13.97M | $16.26M | $17.00M | -44.0% |
| Total current assets | $99.78M | $74.44M | $58.94M | $62.49M | $59.72M | +34.0% |
| Property, plant & equipment | $214.23M | $227.18M | $250.61M | $267.89M | $265.92M | -5.7% |
| Total assets | $314.01M | $301.63M | $309.55M | $330.37M | $325.63M | +4.1% |
| Total current liabilities | $7.20M | $4.48M | $3.79M | $6.22M | $5.14M | +60.7% |
| Total debt | $3.49M | $713.00K | $777.00K | $842.00K | $907.00K | +389.6% |
| Total liabilities | $10.34M | $4.94M | $4.32M | $6.80M | $5.79M | +109.2% |
| Shareholder equity | $0 | $0 | $0 | $0 | $0 | — |
| Working capital | $92.58M | $69.96M | $55.15M | $56.27M | $54.57M | +32.3% |
| Net tangible assets | $0 | $0 | $0 | $0 | $0 | — |
| Shares issued | 48.26M | 48.26M | 48.26M | 48.26M | 47.34M | -0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $30.87M | $29.14M | — | — | $12.35M | $17.64M | +6.0% |
| Depreciation & amortisation | $15.88M | $20.95M | — | — | $14.75M | $16.80M | -24.2% |
| Change in working capital | $17.46M | -$26.17M | — | — | $3.42M | -$1.05M | +166.7% |
| Operating cash flow | $64.21M | $23.91M | $34.32M | $34.25M | $30.52M | — | +168.5% |
| Investing cash flow | $4.01M | $0 | $535.00K | $1.32M | $90.00K | — | — |
| Dividends paid | -$23.88M | -$37.69M | -$34.52M | -$30.49M | -$35.64M | — | +36.7% |
| Financing cash flow | -$23.88M | -$37.69M | -$34.52M | -$30.49M | -$35.64M | — | +36.7% |
| Free cash flow | $64.21M | $23.91M | $34.32M | $34.25M | $30.52M | — | +168.5% |
| End cash position | $72.50M | $28.16M | $41.94M | $41.61M | $36.51M | — | +157.5% |
Options analytics
Put / call volume
1.30
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
15.00
-48.5% from spot
ATM implied vol
6.3%
Nearest strike to spot
Skew (10% OTM)
+18.7%
Puts bid over calls
Call volume
23
Contracts, this expiry
Put volume
30
Contracts, this expiry
Heaviest call OI
15.00
0 contracts
Heaviest put OI
25.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Sep 2012 | — | 0.26 | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders5.93%
Held by institutions25.70%
Institutions holding162
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
28.77
+1.14% from price
SMA 20
29.22
-0.33% from price
SMA 50
28.39
+2.58% from price
SMA 100
27.61
+5.38% from price
SMA 200
26.71
+9.02% from price
EMA 12
28.90
+0.68% from price
EMA 26
28.89
+0.74% from price
EMA 50
28.52
+2.05% from price
RSI (14)
53.3
Neutral
MACD (12,26,9)
0.02
Hist -0.10
ATR (14)
0.64
2.18% of price
Realised vol 30D
18.5%
Annualised
Bollinger upper
30.35
20, 2σ
Bollinger lower
28.08
20, 2σ
50 / 200 cross
Golden
28.39 vs 26.71
Trend bias
Above 200
+9.02%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.28
Less volatile than market
Correlation to SPY
-0.14
Largely independent
Realised vol 30D
18.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-16.9%
Peak to trough
Max drawdown 5Y
-40.0%
Peak to trough
ATR 14
0.64
2.18% of price
Beta (reported)
0.61
5Y monthly, from filing
Short interest
Shares short
387.27K
Prior 601.68K
Change vs prior
-35.6%
Shorts covering
% of float
0.84%
Normal
% of shares out
0.79%
Against total outstanding
Days to cover
3.5
Liquid
Float
46.13M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Dividends & splits
Forward rate$3.19 / yr
Forward yield10.97%
5-year avg yield10.54%
Payout ratio145.19%
Ex-dividend dateAug 3, 2026
Next pay dateAug 13, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-07
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-08-03
Corporate Changes & Voting Matters
8-K · 2026-07-23
Corporate Changes & Voting Matters
8-K · 2026-07-06
Corporate Changes & Voting Matters
8-K · 2026-05-15
Corporate Changes & Voting Matters
8-K · 2026-05-12
Corporate Changes & Voting Matters
8-K · 2026-05-06
Headlines
Dorchester Minerals, L.P. Announces Second Quarter Results
GlobeNewswire · 61d ago
Dorchester Minerals, L.P. Announces Acquisition of Mineral and Royalty Interests
GlobeNewswire · 64d ago
Dorchester Minerals LP's Dividend Analysis
GuruFocus.com · 65d ago
Is Dorchester Minerals (DMLP) A Bargain On Its New Q2 2026 Cash Distribution?
Simply Wall St. · 74d ago
Dorchester Minerals, L.P. Announces Its Second Quarter Distribution
GlobeNewswire · 75d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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