Press Releases August 6, 2026 08:16 PM

Dorchester Minerals, L.P. Announces Second Quarter Results

Dorchester Minerals Announces Strong Q2 2026 Results with Significant Revenue and Net Income Growth

By Avery Klein
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DMLP

Dorchester Minerals, L.P. reported a robust financial performance for the second quarter ended June 30, 2026, with net income rising to $30.9 million, or $0.62 per common unit, compared to $12.3 million, or $0.25 per unit, in the same quarter last year. Operating revenues also increased substantially to $56.1 million from $32.4 million. The partnership declared a second quarter distribution of $1.272943 per common unit, payable August 13, 2026. Dorchester Minerals owns extensive oil and natural gas mineral and royalty interests across 28 states, trading on Nasdaq under the symbol DMLP.

Dorchester Minerals, L.P. Announces Second Quarter Results
DMLP
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Key Points

  • Q2 2026 net income nearly tripled compared to Q2 2025, reaching $30.9 million.
  • Operating revenues rose by approximately 73%, indicating improved commodity prices or production levels.
  • The partnership declared a substantial quarterly distribution of $1.272943 per common unit, reflecting strong cash flow.
  • Impacted sectors include energy (oil & gas), natural resources, and investment income sectors.

DALLAS, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended June 30, 2026 of $30,871,000, or $0.62 per common unit.

A comparison of the Partnership’s consolidated results for the quarters ended June 30, 2026 and 2025 are set forth below:

 Three Months Ended Six Months Ended June 30, June 30,  2026 2025  2026 2025Operating Revenues$56,075,000  $32,395,000 $114,950,000  $75,559,000Net Income$30,871,000  $12,347,000 $60,008,000  $29,989,000Net Income Per Common Unit$0.62  $0.25 $1.20  $0.61


The Partnership previously declared its second quarter distribution in the amount of $1.272943 per common unit payable on August 13, 2026 to common unitholders of record as of August 3, 2026. The Partnership’s cash distributions are not comparable to its net earnings due to timing and other differences including depletion.

Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 28 states. Its common units trade on the Nasdaq Global Select Market under the symbol DMLP.

FORWARD-LOOKING STATEMENTS

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’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s 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.

Contact:

Martye Miller
3838 Oak Lawn Ave., Suite 300
Dallas, Texas 75219-4541
(214) 559-0300


Risks

  • Oil and natural gas price fluctuations, which can impact revenue and profitability.
  • Operational risks associated with the development and management of mineral and royalty interests.
  • Regulatory and environmental risks, including changes in laws that could affect operations or financial results.

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