Dorchester Minerals Announces Leadership Transition

Dorchester Minerals ( (DMLP) ) just unveiled an announcement.

On December 9, 2025, Dorchester Minerals, L.P. announced the retirement of Mr. William Casey McManemin from the Board of Managers, effective December 31, 2025. Mr. McManemin, a co-founder and former CEO, has been named Chairman Emeritus in recognition of his 37 years of service. Mr. Robert C. Vaughn, a current board member and co-founder, will serve as Interim Chairman, ensuring continuity in governance. Additionally, Mr. Albert G. Nance III, with over 38 years of experience in the oil and gas industry, has been appointed to the Board, effective January 1, 2026, bringing valuable expertise to the company.

The most recent analyst rating on (DMLP) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on Dorchester Minerals stock, see the DMLP Stock Forecast page.

Spark’s Take on DMLP Stock

According to Spark, TipRanks’ AI Analyst, DMLP is a Neutral.

Dorchester Minerals’ overall stock score is primarily influenced by its strong financial stability and attractive dividend yield. However, bearish technical indicators and recent negative corporate events, such as declining income and revenues, weigh down the score. Investors should be cautious of the current market challenges impacting the company’s performance.

To see Spark’s full report on DMLP stock, click here.

More about Dorchester Minerals

Dorchester Minerals, L.P. is a Dallas-based company that owns producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests across 28 states. Its common units are traded on the NASDAQ Global Select Market under the symbol DMLP.

Average Trading Volume: 154,403

Technical Sentiment Signal: Hold

Current Market Cap: $1.11B

Find detailed analytics on DMLP stock on TipRanks’ Stock Analysis page.