Dorchester Minerals, L.P. (NASDAQ:DMLP) insider Minerals Operating Dorchester acquired 7,785 shares of the stock in a transaction that occurred on Tuesday, April 17th. The shares were bought at an average price of $17.83 per share, for a total transaction of $138,806.55. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Minerals Operating Dorchester also recently made the following trade(s):

  • On Friday, January 26th, Minerals Operating Dorchester acquired 3,925 shares of Dorchester Minerals stock. The shares were bought at an average price of $16.18 per share, for a total transaction of $63,506.50.
  • On Monday, January 22nd, Minerals Operating Dorchester acquired 700 shares of Dorchester Minerals stock. The shares were bought at an average price of $16.49 per share, for a total transaction of $11,543.00.
  • On Wednesday, January 24th, Minerals Operating Dorchester acquired 14,200 shares of Dorchester Minerals stock. The shares were bought at an average price of $16.57 per share, for a total transaction of $235,294.00.

Shares of Dorchester Minerals stock opened at $18.30 on Friday. The company has a market cap of $587.49, a P/E ratio of 15.42 and a beta of 0.73. Dorchester Minerals, L.P. has a twelve month low of $13.90 and a twelve month high of $18.57.

Dorchester Minerals (NASDAQ:DMLP) last issued its quarterly earnings data on Thursday, March 8th. The energy company reported $0.43 earnings per share for the quarter. The company had revenue of $19.53 million for the quarter. Dorchester Minerals had a net margin of 67.07% and a return on equity of 45.99%.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 10th. Shareholders of record on Monday, April 30th will be given a $0.4185 dividend. The ex-dividend date of this dividend is Friday, April 27th. This is an increase from Dorchester Minerals’s previous quarterly dividend of $0.39. This represents a $1.67 annualized dividend and a yield of 9.15%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Manhattan Co. raised its position in Dorchester Minerals by 36.6% in the fourth quarter. First Manhattan Co. now owns 22,750 shares of the energy company’s stock worth $345,000 after acquiring an additional 6,100 shares during the period. Mraz Amerine & Associates Inc. raised its position in Dorchester Minerals by 20.0% in the fourth quarter. Mraz Amerine & Associates Inc. now owns 56,876 shares of the energy company’s stock worth $865,000 after acquiring an additional 9,477 shares during the period. Adams Asset Advisors LLC raised its position in Dorchester Minerals by 3.0% in the fourth quarter. Adams Asset Advisors LLC now owns 535,003 shares of the energy company’s stock worth $8,132,000 after acquiring an additional 15,722 shares during the period. Towerpoint Wealth LLC bought a new position in Dorchester Minerals in the fourth quarter worth approximately $250,000. Finally, E&G Advisors LP bought a new position in Dorchester Minerals in the fourth quarter worth approximately $274,000. Institutional investors and hedge funds own 15.95% of the company’s stock.

DMLP has been the topic of a number of research analyst reports. BidaskClub downgraded shares of Dorchester Minerals from a “hold” rating to a “sell” rating in a research report on Friday, March 9th. TheStreet upgraded shares of Dorchester Minerals from a “c+” rating to a “b-” rating in a research report on Thursday, April 5th.

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Dorchester Minerals Company Profile

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profits, and leasehold interests in the United States. The company's royalty properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests located in 574 counties and parishes in 25 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership.

Insider Buying and Selling by Quarter for Dorchester Minerals (NASDAQ:DMLP)

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