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Dorchester Minerals ( (DMLP) ) has shared an update.
Dorchester Minerals, L.P. reported a strong net income of $36.4 million for Q3 2024, up from $29.5 million in the same quarter last year, translating to $0.87 per common unit. This Dallas-based company, trading under NASDAQ-DMLP, benefits from its extensive oil and natural gas interests across 28 states. Despite impressive earnings, the company’s cash distributions are influenced by various factors, including depletion. Investors should note the inherent risks tied to market conditions and regulatory changes.
See more data about DMLP stock on TipRanks’ Stock Analysis page.