Dorchester Minerals, L.P. Announces 2021 Schedule K-3 Available

Rhea-AI Summary

Dorchester Minerals, L.P. (NASDAQ-DMLP) announced the availability of its 2021 Schedule K-3 for unitholders, specifically targeting those with international tax relevance. This document is essential for foreign unitholders and those needing to compute foreign tax credits. Unitholders can access their Schedules K-3 online or request it electronically via Tax Package Support. As a Dallas-based company, Dorchester Minerals owns interests in oil and natural gas across 28 states, emphasizing its operational reach and investment appeal.

Positive

• Availability of Schedule K-3 enhances transparency for unitholders with international tax obligations.

Negative

• Dependence on foreign unitholders may indicate vulnerability to international tax complexities.
• Risks associated with fluctuations in oil and natural gas prices can impact revenue.

DALLAS, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that its 2021 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/DMLP.

A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements.  To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor.

To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at 877-222-3204.

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.

FAQ

What is the purpose of the Schedule K-3 released by Dorchester Minerals (NASDAQ-DMLP)?

The Schedule K-3 provides unitholders with information relevant to international tax reporting requirements.

How can unitholders access their Schedule K-3 for Dorchester Minerals?

Unitholders can access their Schedule K-3 online at www.taxpackagesupport.com/DMLP.

Who needs the Schedule K-3 from Dorchester Minerals?

Primarily foreign unitholders and those computing a foreign tax credit may require it for their tax returns.

What risks might affect Dorchester Minerals (DMLP) based on the recent press release?

Risks include changes in oil and natural gas prices and potential regulatory changes that may impact operations.