Dorchester Minerals LP

Company Profile

Dorchester Minerals LP had its IPO on 2003-02-03 under the ticker symbol DMLP.

The company operates in the Energy sector and Oil & Gas E&P industry. Dorchester Minerals LP has a staff strength of 0 employees.

Stock update

Shares of Dorchester Minerals LP opened at $29 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $28.81 - $29.32, and closed at $29.25.

This is a +1.49% increase from the previous day's closing price.

A total volume of 58,465 shares were traded at the close of the day’s session.

In the last one week, shares of Dorchester Minerals LP have increased by +4.17%.

Dorchester Minerals LP's Key Ratios

Dorchester Minerals LP has a market cap of $1.12 billion, indicating a price to book ratio of 5.604 and a price to sales ratio of 6.6949.

In the last 12-months Dorchester Minerals LP’s revenue was $164.22 million with a gross profit of $157.91 million and an EBITDA of $149.69 million. The EBITDA ratio measures Dorchester Minerals LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Dorchester Minerals LP’s operating margin was 79.53% while its return on assets stood at 50.54% with a return of equity of 83.21%.

In Q4, Dorchester Minerals LP’s quarterly earnings growth was a positive 10.4% while revenue growth was a positive 21.3%.

Dorchester Minerals LP’s PE and PEG Ratio

Forward PE

0

Trailing PE

8.7015

PEG

0

Its diluted EPS in the last 12-months stands at $3.35 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Dorchester Minerals LP’s profitability.

Dorchester Minerals LP stock is trading at a EV to sales ratio of 6.1922 and a EV to EBITDA ratio of 7.9734. Its price to sales ratio in the trailing 12-months stood at 6.6949.

Dorchester Minerals LP stock pays annual dividends of $3.742 per share, indicating a yield of 13.02% and a payout ratio of 111.38%.

Balance sheet and cash flow metrics

Total Assets

$176.24 million

Total Liabilities

$3.41 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

111.38%

Dorchester Minerals LP ended 2023 with $176.24 million in total assets and $0 in total liabilities. Its intangible assets were valued at $176.24 million while shareholder equity stood at $171.52 million.

Dorchester Minerals LP ended 2023 with $0 in deferred long-term liabilities, $3.41 million in other current liabilities, in common stock, $130.61 million in retained earnings and $0 in goodwill. Its cash balance stood at $40.75 million and cash and short-term investments were $40.75 million. The company’s total short-term debt was $281,000 while long-term debt stood at $0.

Dorchester Minerals LP’s total current assets stands at $62.47 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $21.71 million compared to accounts payable of $3.13 million and inventory worth $0.

In 2023, Dorchester Minerals LP's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Dorchester Minerals LP paid $1.11 in dividends in 2023.

Other key metrics

Current Trading Price

$29.25

52-Week High

$32.1

52-Week Low

$20.8211

Analyst Target Price

$

Dorchester Minerals LP stock is currently trading at $29.25 per share. It touched a 52-week high of $32.1 and a 52-week low of $32.1. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $29.47 and 200-day moving average was $27.17 The short ratio stood at 2.12 indicating a short percent outstanding of 0%.

Around 738.8% of the company’s stock are held by insiders while 2204.1% are held by institutions.