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Dorchester Minerals, L.P. Announces Its Fourth Quarter Distribution

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Dorchester Minerals (NASDAQ:DMLP) has announced its fourth quarter 2024 cash distribution of $0.739412 per common unit, payable on February 13, 2025, to unitholders of record as of February 3, 2025. The distribution reflects activity for Q4 2024.

Cash receipts breakdown for Q4:

  • Royalty Properties: $34.9 million (68% from recent sales, 32% from prior periods)
  • Net Profits Interest: $5.4 million (61% from recent sales, 39% from prior periods)
  • Lease bonus and other income: $0.7 million

The company owns producing and non-producing oil and natural gas interests across 28 states, with its common units trading on the Nasdaq Global Select Market.

Dorchester Minerals (NASDAQ:DMLP) ha annunciato la sua distribuzione di cassa per il quarto trimestre 2024 di $0.739412 per unità comune, che sarà pagata il 13 febbraio 2025 agli azionisti registrati al 3 febbraio 2025. La distribuzione riflette l'attività del Q4 2024.

La ripartizione delle entrate in contante per il Q4 è la seguente:

  • Proprietà Royalty: $34.9 milioni (68% da vendite recenti, 32% da periodi precedenti)
  • Interesse sui profitti netti: $5.4 milioni (61% da vendite recenti, 39% da periodi precedenti)
  • Bonus di affitto e altri redditi: $0.7 milioni

La società possiede interessi in petrolio e gas naturale produttivi e non produttivi in 28 stati, con le sue unità comuni quotate sul Nasdaq Global Select Market.

Dorchester Minerals (NASDAQ:DMLP) ha anunciado su distribución de efectivo del cuarto trimestre de 2024 de $0.739412 por unidad común, que se pagará el 13 de febrero de 2025 a los tenedores de unidades registrados hasta el 3 de febrero de 2025. La distribución refleja la actividad del cuarto trimestre de 2024.

Desglose de los ingresos en efectivo para el Q4:

  • Propiedades de Regalías: $34.9 millones (68% de ventas recientes, 32% de períodos anteriores)
  • Intereses en Beneficios Netos: $5.4 millones (61% de ventas recientes, 39% de períodos anteriores)
  • Bonificación de arrendamiento y otros ingresos: $0.7 millones

La empresa posee intereses en petróleo y gas natural, tanto productivos como no productivos, en 28 estados, con sus unidades comunes cotizadas en el Nasdaq Global Select Market.

도셔스터 미네랄스 (NASDAQ:DMLP)는 2024년 4분기 현금 배당금으로 $0.739412 per 일반 단위를 발표하였으며, 이는 2025년 2월 13일에 2025년 2월 3일 기준의 단위 보유자에게 지급될 예정입니다. 이 배당은 2024년 4분기의 활동을 반영합니다.

4분기 현금 수입 내역:

  • 로열티 자산: $34.9백만 (최근 판매의 68%, 이전 기간의 32%)
  • 순이익의 이자: $5.4백만 (최근 판매의 61%, 이전 기간의 39%)
  • 임대 보너스 및 기타 수입: $0.7백만

회사는 28개 주에서 생산 및 비생산 오일과 천연가스 지분을 보유하고 있으며, 일반 단위는 나스닥 글로벌 선택 시장에 상장되어 있습니다.

Dorchester Minerals (NASDAQ:DMLP) a annoncé sa distribution de liquidités pour le quatrième trimestre 2024 de $0.739412 par unité commune, payable le 13 février 2025 aux détenteurs d'unités enregistrés au 3 février 2025. La distribution reflète l'activité du Q4 2024.

Répartition des recettes en espèces pour le Q4 :

  • Propriétés de redevances: $34.9 millions (68% provenant des ventes récentes et 32% des périodes antérieures)
  • Intérêts sur les bénéfices nets: $5.4 millions (61% provenant des ventes récentes et 39% des périodes antérieures)
  • Prime de location et autres revenus: $0.7 millions

L'entreprise possède des intérêts en pétrole et gaz naturel, qu'ils soient producteurs ou non, dans 28 États, avec ses unités communes cotées sur le Nasdaq Global Select Market.

Dorchester Minerals (NASDAQ:DMLP) hat die Barausschüttung für das vierte Quartal 2024 von $0.739412 pro Stamm Einheit angekündigt, die am 13. Februar 2025 an die am 3. Februar 2025 registrierten Einheitseigentümer ausgezahlt werden soll. Die Ausschüttung spiegelt die Aktivitäten für das Q4 2024 wider.

Aufschlüsselung der Barreceipts für das Q4:

  • Royalty-Eigentum: $34,9 Millionen (68% aus aktuellen Verkäufen, 32% aus vorherigen Perioden)
  • Nettoerträge: $5,4 Millionen (61% aus aktuellen Verkäufen, 39% aus vorherigen Perioden)
  • Leasingprämie und sonstige Einnahmen: $0,7 Millionen

Das Unternehmen besitzt produzierende und nicht produzierende Öl- und Erdgasinteressen in 28 Bundesstaaten, wobei seine Stammanteile an der Nasdaq Global Select Market gehandelt werden.

Positive
  • Strong quarterly cash distribution of $0.739412 per unit
  • Substantial royalty properties receipts of $34.9 million
  • Additional net profits interest receipts of $5.4 million
  • Supplementary lease bonus income of $0.7 million
Negative
  • None.

Insights

The announced Q4 2024 distribution of $0.739412 per unit demonstrates DMLP's continued ability to generate substantial cash flows from its diversified mineral rights portfolio. Breaking down the $41 million in total receipts reveals important insights about the company's revenue composition:

  • Royalty Properties contributed $34.9 million (85% of total receipts), with a significant portion (68%) reflecting recent oil and gas sales
  • Net Profits Interest added $5.4 million (13% of total)
  • Lease bonus and other income provided $0.7 million (2%)

The revenue timing structure, where approximately 65% of total receipts reflect recent sales (within 2-4 months) while 35% comes from prior periods, indicates a healthy cash flow cycle that provides both predictability and potential upside from historical adjustments. This timing structure helps smooth out commodity price volatility impacts on unitholder distributions.

The diversification across 28 states provides natural hedging against regional operational or regulatory challenges, while the mix of producing and non-producing interests offers both immediate cash flow and future development potential. For income-focused investors, the partnership's structure continues to provide efficient tax treatment, though non-U.S. investors should note the withholding requirements detailed in the announcement.

DALLAS, Jan. 23, 2025 (GLOBE NEWSWIRE) -- — Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s fourth quarter 2024 cash distribution. The distribution of $0.739412 per common unit represents activity for the three-month period ended December 31, 2024 and is payable on February 13, 2025 to common unitholders of record as of February 3, 2025.

Cash receipts attributable to the Partnership’s Royalty Properties during the fourth quarter totaled approximately $34.9 million. Approximately 68% of these receipts reflect oil sales during September 2024 through November 2024 and natural gas sales during August 2024 through October 2024, and approximately 32% from prior sales periods. Cash Receipts attributable to the Partnership’s Net Profits Interest during the fourth quarter totaled approximately $5.4 million. Approximately 61% of these receipts reflect oil sales and natural gas sales during August 2024 through October 2024, and approximately 39% from prior sales periods.

Cash receipts attributable to lease bonus and other income during the fourth quarter totaled approximately $0.7 million.

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.

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Although a portion of Dorchester Minerals, L.P.’s income may not be effectively connected income and may be subject to alternative withholding procedures, brokers and nominees should treat 100% of Dorchester Minerals, L.P.’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Dorchester Minerals, L.P.’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest marginal rate for individuals or corporations, as applicable. Nominees, and not Dorchester Minerals, L.P., are treated as withholding agents responsible for withholding on distributions received by them on behalf of non-U.S. investors.

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(214) 559-0300

FAQ

What is DMLP's Q4 2024 distribution amount per unit?

Dorchester Minerals (DMLP) announced a Q4 2024 distribution of $0.739412 per common unit.

When is DMLP's Q4 2024 distribution payable?

The Q4 2024 distribution is payable on February 13, 2025, to unitholders of record as of February 3, 2025.

How much were DMLP's Q4 2024 royalty property receipts?

DMLP's royalty property receipts totaled $34.9 million in Q4 2024, with 68% from recent sales and 32% from prior periods.

What were DMLP's Net Profits Interest receipts for Q4 2024?

DMLP's Net Profits Interest receipts were $5.4 million in Q4 2024, with 61% from recent sales and 39% from prior periods.

How much lease bonus income did DMLP generate in Q4 2024?

DMLP generated $0.7 million in lease bonus and other income during Q4 2024.

In how many states does DMLP have mineral interests?

Dorchester Minerals has oil and natural gas interests located in 28 states.

Dorchester Minerals LP

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