Dorchester Minerals LP (NASDAQ:DMLP) insider Minerals Operating Dorchester purchased 6,167 shares of Dorchester Minerals stock in a transaction that occurred on Tuesday, June 18th. The shares were bought at an average cost of $18.33 per share, with a total value of $113,041.11. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Tuesday, June 11th, Minerals Operating Dorchester purchased 2,000 shares of Dorchester Minerals stock. The shares were bought at an average cost of $18.66 per share, with a total value of $37,320.00.
  • On Thursday, June 13th, Minerals Operating Dorchester purchased 10,000 shares of Dorchester Minerals stock. The shares were bought at an average cost of $18.59 per share, with a total value of $185,900.00.

DMLP opened at $18.31 on Friday. Dorchester Minerals LP has a 12-month low of $14.11 and a 12-month high of $21.15. The company has a market capitalization of $628.05 million, a PE ratio of 10.65 and a beta of 1.03. The company has a quick ratio of 12.50, a current ratio of 12.50 and a debt-to-equity ratio of 0.02.

Dorchester Minerals (NASDAQ:DMLP) last released its quarterly earnings data on Thursday, May 2nd. The energy company reported $0.42 earnings per share (EPS) for the quarter. Dorchester Minerals had a return on equity of 58.74% and a net margin of 74.48%. The company had revenue of $19.03 million during the quarter.

Several institutional investors and hedge funds have recently added to or reduced their stakes in DMLP. SCW Capital Management LP acquired a new stake in shares of Dorchester Minerals in the fourth quarter valued at approximately $11,395,000. JPMorgan Chase & Co. lifted its position in shares of Dorchester Minerals by 276.7% in the third quarter. JPMorgan Chase & Co. now owns 210,764 shares of the energy company’s stock valued at $4,300,000 after buying an additional 154,812 shares during the last quarter. Private Wealth Partners LLC acquired a new stake in shares of Dorchester Minerals in the first quarter valued at approximately $959,000. Joseph P. Lucia & Associates LLC acquired a new stake in shares of Dorchester Minerals in the first quarter valued at approximately $1,470,000. Finally, Morgan Stanley lifted its position in shares of Dorchester Minerals by 8.5% in the third quarter. Morgan Stanley now owns 233,170 shares of the energy company’s stock valued at $4,757,000 after buying an additional 18,228 shares during the last quarter. 16.71% of the stock is owned by institutional investors.

Separately, BidaskClub raised Dorchester Minerals from a “hold” rating to a “buy” rating in a research report on Tuesday, May 14th.

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.

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