Dorchester Minerals LP
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- Market Cap.:
- $1.12 billion
- Book Value:
- Revenue TTM:
- $164.22 million
- Operating Margin TTM:
- Gross Profit TTM:
- $157.91 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
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
- Trailing PE
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
- Capital Expenditure
- Dividend Payout Ratio
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
- 52-Week High
- 52-Week Low
- 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.
Frequently Asked Questions About Dorchester Minerals LP
Similar Industry Stocks (Oil & Gas E&P)
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, net profits, and leasehold interests in 592 counties and parishes in 28 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. Dorchester Minerals, L.P. was founded in 1982 and is based in Dallas, Texas.