Dorchester Minerals Reports Strong Revenue Growth in Q1 2025

Dorchester Minerals ( (DMLP) ) has released its Q1 earnings. Here is a breakdown of the information Dorchester Minerals presented to its investors.

Dorchester Minerals, L.P. is a Delaware-based publicly traded limited partnership focused on the acquisition, ownership, and administration of royalty properties and net profits interests in the oil and natural gas sector across the United States.

In its latest earnings report for the quarter ending March 31, 2025, Dorchester Minerals reported total operating revenues of $43.2 million, a significant increase from $31.0 million in the same period of 2024. The company attributed this growth to increased royalties and higher natural gas sales volumes, despite a slight decrease in net income from $18.2 million to $17.6 million year-over-year.

Key financial highlights include a 51% increase in oil sales volumes from royalty properties and a 17% increase in natural gas sales volumes. However, net profits interest revenues declined slightly due to decreased production in certain regions. Operating costs rose by 70%, primarily due to higher production taxes and post-production costs, while depreciation, depletion, and amortization expenses more than doubled, reflecting recent acquisitions and production increases.

Looking ahead, Dorchester Minerals remains focused on leveraging its extensive portfolio of royalty interests to drive revenue growth. The management anticipates continued volatility in oil and natural gas prices due to geopolitical tensions and market dynamics but remains optimistic about the company’s ability to maintain strong cash flows and distributions to unitholders.