Dorchester Minerals, L.P. (DMLP)
Dorchester Minerals, L.P. brought in $208.2M of revenue over the twelve months to September 30, 2026, up 38.2% from a year earlier. Net income was $103.8M, a net margin of 49.8%. At September 30, 2026 it held $55.7M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Dorchester Minerals, L.P.
- Net worth
- Dorchester Minerals, L.P. has a market value (market cap) of $1.4B at the latest share price. A company's "net worth" usually means this market value or the shareholders' equity on its balance sheet.
- Revenue and profit
- In fiscal 2025 revenue was $152.8M (-5.4% year on year), with net income of $57.4M. Over the 12 months to September 30, 2026: revenue $208.2M, net income $103.8M.
- Cash flow
- In fiscal 2025 operations brought in $132.5M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Dorchester Minerals, L.P.'s next report is expected around January 21, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Dorchester Minerals, L.P. does
Dorchester Minerals, L.P. is registered with the SEC under industry code SIC 1311 (Crude Petroleum & Natural Gas). Its shares trade on NASDAQ under the ticker DMLP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $152.8M | $57.4M | $1.16 | n/a |
| 2024 | $161.5M | $92.4M | $2.13 | n/a |
| 2023 | $163.8M | $114.1M | $2.85 | n/a |
| 2022 | $170.8M | $130.6M | $3.35 | n/a |
| 2021 | $93.4M | $70.2M | $1.94 | n/a |
| 2020 | $46.9M | $21.9M | $0.61 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where DMLP ranks in Energy
Latest SEC filings
What Dorchester Minerals, L.P. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 45% to $51.4M versus the same quarter last year; diluted EPS $0.54 versus $0.23.
- November 5, 2026
- November 2, 2026
- October 22, 2026
- October 20, 2026
- August 7, 2026
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 73% to $56.1M versus the same quarter last year; diluted EPS $0.62 versus $0.25.
- August 3, 2026
- July 23, 2026
- July 6, 2026
Insider trades
What the people running Dorchester Minerals, L.P. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $147.1K worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 19, 2026 | Moriyama Leslie AChief Financial Officer | Bought | 5,197 | $147.1K |
| June 1, 2026 | Dorchester Minerals Operating LPEntity Under Common Control | Bought | 2,500 | $69.1K |
| June 1, 2026 | Dorchester Minerals Operating LPEntity Under Common Control | Bought | 999 | $27.6K |
| June 1, 2026 | Dorchester Minerals Operating LPEntity Under Common Control | Bought | 4,001 | $110K |
| May 20, 2026 | Dorchester Minerals Operating LPEntity Under Common Control | Bought | 1,500 | $42.4K |
| May 20, 2026 | Dorchester Minerals Operating LPEntity Under Common Control | Bought | 6,000 | $169.9K |
| May 12, 2026 | Ehrman Bradley JChief Executive Officer | Boughtindirect | 4,000 | $107.1K |
| February 13, 2026 | Dorchester Minerals Operating LPEntity Under Common Control | Bought | 5,000 | $126.5K |
Who owns DMLP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 153 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Morgan Stanley | 1,039,501 | -739,211 |
| Adams Asset Advisors, LLC | 910,934 | +22,670 |
| Horizon Kinetics Asset Management LLC | 852,651 | -7,575 |
| Turtle Creek Wealth Advisors, LLC | 842,225 | new |
| Hollow Brook Wealth Management LLC | 803,023 | 0 |
| MidFirst Bank | 500,743 | +6,590 |
| Meixler Investment Management, Ltd. | 369,041 | -15,728 |
| Pathstone Holdings, LLC | 359,480 | +351,000 |
| Royce & Associates LP | 338,629 | 0 |
| ArchPoint Investors | 314,184 | -185,714 |
| Freestone Capital Holdings, LLC | 306,149 | +119,149 |
| Natixis | 234,400 | 0 |
| Texas Yale Capital Corp. | 213,000 | +5,500 |
| Delta Investment Management, LLC | 176,418 | -108,624 |
| First Trust Advisors LP | 169,403 | -3,628 |
| &PARTNERS | 164,018 | -23,159 |
| Ing Groep NV | 150,500 | +19,000 |
| Bank of America Corp | 148,948 | +100 |
| Kingsview Wealth Management, LLC | 142,010 | -29,295 |
| Jane Street Group, LLC | 137,184 | +113,441 |
Insiders
5 insiders reported holding 378,410 shares in total, about $10.4M at the last price.
| Holder | Shares |
|---|---|
| Ehrman Bradley JChief Executive Officer | 175,441142,723 held indirectly |
| Moriyama Leslie AChief Financial Officer | 103,405 |
| Dorchester Minerals Operating LPEntity Under Common Control | 70,017 |
| Vaughn Robert CDirector | 20,547 |
| Box Frank DamonDirector | 9,000 |
Questions about DMLP
What does Dorchester Minerals, L.P. do?
Dorchester Minerals, L.P. is a company in the Energy sector, listed on NASDAQ as DMLP. Its shares trade on NASDAQ under the ticker DMLP.
What is Dorchester Minerals, L.P.'s net worth?
Dorchester Minerals, L.P. has a market value (market cap) of $1.4B at the latest share price. A company's "net worth" usually means this market value or the shareholders' equity on its balance sheet.
Is Dorchester Minerals, L.P. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $103.8M on revenue of $208.2M, a net margin of 49.8%.
How much revenue does Dorchester Minerals, L.P. make?
Over the twelve months to September 30, 2026 Dorchester Minerals, L.P. reported revenue of $208.2M. That is 38.2% more than a year earlier.
When did Dorchester Minerals, L.P. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is Dorchester Minerals, L.P.'s next earnings report?
Dorchester Minerals, L.P.'s next report is expected around January 21, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Dorchester Minerals, L.P. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.