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Upturn AI SWOT - About
Dorchester Minerals LP (DMLP)
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Upturn Advisory Summary
07/03/2025: DMLP (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit -10.4% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.29B USD | Price to earnings Ratio 13.27 | 1Y Target Price - |
Price to earnings Ratio 13.27 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.57 | 52 Weeks Range 25.84 - 34.06 | Updated Date 06/29/2025 |
52 Weeks Range 25.84 - 34.06 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 11.59% | Basic EPS (TTM) 2.05 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 53.14% | Operating Margin (TTM) 40.87% |
Management Effectiveness
Return on Assets (TTM) 21.52% | Return on Equity (TTM) 35.19% |
Valuation
Trailing PE 13.27 | Forward PE - | Enterprise Value 1250857543 | Price to Sales(TTM) 7.72 |
Enterprise Value 1250857543 | Price to Sales(TTM) 7.72 | ||
Enterprise Value to Revenue 7.2 | Enterprise Value to EBITDA 13.61 | Shares Outstanding 47339800 | Shares Floating 41392936 |
Shares Outstanding 47339800 | Shares Floating 41392936 | ||
Percent Insiders 9.47 | Percent Institutions 26.03 |
Upturn AI SWOT
Dorchester Minerals LP
Company Overview
History and Background
Dorchester Minerals LP (DMLP) was formed in 2003 to acquire and manage producing and non-producing natural gas and oil mineral interests.
Core Business Areas
- Net Profits Interest (NPI): Dorchester owns and manages NPIs, entitling it to a percentage of revenues from the sale of oil and gas production on specific properties. This segment provides diversified revenue streams due to various operators and geographic locations.
- Royalty Properties: Dorchester owns mineral properties where it receives royalty payments from oil and gas production. Royalty income depends on production levels and commodity prices.
Leadership and Structure
The company is managed by its general partner, Dorchester Minerals Management LP. Management includes executive officers with experience in oil and gas exploration and production and financial management. The structure is a limited partnership.
Top Products and Market Share
Key Offerings
- Net Profits Interest (NPI): DMLP owns and manages NPIs across various basins. Market share is difficult to quantify as it depends on specific operators and their production volumes from underlying properties. Competitors are other royalty and mineral interest aggregators and landowners.
- Royalty Properties: DMLP owns various royalty properties. Market share is hard to define due to fragmented ownership of mineral rights. Competitors include other mineral rights owners, large and small.
Market Dynamics
Industry Overview
The oil and gas mineral rights industry is characterized by fragmented ownership, commodity price volatility, and dependence on operator drilling and production activity. Demand for mineral rights is influenced by energy demand, technological advancements in extraction, and regulatory policies.
Positioning
Dorchester Minerals LP is positioned as a consolidator and manager of mineral interests. Its competitive advantages include a diverse portfolio, low operating costs, and a focus on generating stable cash flow for unitholders.
Total Addressable Market (TAM)
The TAM is very difficult to measure due to private mineral rights. DMLP is positioned as one of the public companies which provides transparency for investors in a highly fractured industry.
Upturn SWOT Analysis
Strengths
- Diversified asset base
- Low operating costs
- Experienced management team
- Strong cash flow generation
- No debt
Weaknesses
- Dependence on operator drilling activity
- Exposure to commodity price volatility
- Limited control over production
- Limited organic growth
- Concentration in certain geographic regions
Opportunities
- Acquisition of additional mineral interests
- Expansion into new geographic areas
- Increased drilling activity on existing properties
- Higher commodity prices
- Consolidation within the mineral rights industry
Threats
- Decline in commodity prices
- Reduced drilling activity by operators
- Increased regulatory scrutiny
- Competition from other mineral rights aggregators
- Economic downturns
Competitors and Market Share
Key Competitors
- Black Stone Minerals, L.P. (BSM)
- Texas Pacific Land Corporation (TPL)
- Kimbell Royalty Partners, LP (KRP)
Competitive Landscape
DMLP competes on asset diversification, low operating costs, and a strong focus on cash distribution. BSM and TPL have larger market capitalizations and broader asset bases.
Growth Trajectory and Initiatives
Historical Growth: Growth has been primarily driven by acquisitions and changes in commodity prices and production on existing properties.
Future Projections: Future growth depends on acquisitions, commodity price movements, and drilling and production activity by operators on DMLP's properties.
Recent Initiatives: Recent initiatives include acquiring additional mineral interests and managing existing assets to maximize cash flow.
Summary
Dorchester Minerals LP is a relatively stable investment that relies on mineral and royalty rights in the oil and gas industry. Its strength lies in its low operating costs and diversified portfolio, generating consistent cash flow for unitholders. However, the company faces risks tied to commodity prices and operator activity. Acquisitions are a major driver of growth and any decline in oil and gas prices could threaten the sustainability of the distribution yield.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Financial websites
- News articles
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Dorchester Minerals LP
Exchange NASDAQ | Headquaters Dallas, TX, United States | ||
IPO Launch date 2003-02-03 | CEO - | ||
Sector Energy | Industry Oil & Gas E&P | Full time employees 27 | Website https://www.dmlp.net |
Full time employees 27 | Website https://www.dmlp.net | ||
Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 594 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership. Dorchester Minerals Management LP serves as the general partner of Dorchester Minerals, L.P. The company was founded in 1982 and is based in Dallas, Texas.
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