Dorchester Minerals, L.P.

Dorchester Minerals, L.P.verified

DMLP

Price:

$31.13

Market Cap:

$1.25B

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests in the United States. Its royalty properties consist of producing and nonproducing mineral, royalty, and overriding royalty interests located in 582 counties and parishes in 26 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.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2003-02-03

Stock Exchange

NASDAQ

Ticker

DMLP

The Current Ratio as of September 2024 (TTM) for Dorchester Minerals, L.P. (DMLP) is 12.54

According to Dorchester Minerals, L.P.’s latest financial reports and current stock price. The company's current Current Ratio is 12.54. This represents a change of 1.59% compared to the average of 12.34 of the last 4 quarters.

Dorchester Minerals, L.P. (DMLP) Historical Current Ratio (quarterly & annually)

How has DMLP Current Ratio performed in the past?

The mean historical Current Ratio of Dorchester Minerals, L.P. over the last ten years is 27.85. The current 12.54 Current Ratio has changed 4.40% with respect to the historical average. Over the past ten years (40 quarters), DMLP's Current Ratio was at its highest in in the December 2018 quarter at 61.97. The Current Ratio was at its lowest in in the June 2020 quarter at 4.96.

Quarterly (TTM)
Annual

Average

27.85

Median

21.10

Minimum

9.70

Maximum

61.97

Dorchester Minerals, L.P. (DMLP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Dorchester Minerals, L.P. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 124.82%

Maximum Annual Current Ratio = 61.97

Minimum Annual Increase = -80.68%

Minimum Annual Current Ratio = 9.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
202315.60-14.76%
202218.319.98%
202116.6571.58%
20209.70-18.97%
201911.97-80.68%
201861.9755.69%
201739.80-25.89%
201653.71124.82%
201523.89-11.09%
201426.87-9.48%

Dorchester Minerals, L.P. (DMLP) Average Current Ratio

How has DMLP Current Ratio performed in the past?

The current Current Ratio of Dorchester Minerals, L.P. (DMLP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

16.85

5-year avg

14.45

10-year avg

27.85

Dorchester Minerals, L.P. (DMLP) Current Ratio vs. Peers

How is DMLP’s Current Ratio compared to its peers?

Dorchester Minerals, L.P.’s Current Ratio is less than Black Stone Minerals, L.P. (0), greater than Sitio Royalties Corp. (4.23), greater than MV Oil Trust (5.34), greater than VOC Energy Trust (0), greater than Kimbell Royalty Partners, LP (0), greater than Coterra Energy Inc. (5.68), greater than San Juan Basin Royalty Trust (1.40), greater than North European Oil Royalty Trust (0), greater than Permianville Royalty Trust (1.57), greater than Cross Timbers Royalty Trust (0), greater than Mesa Royalty Trust (6.52), greater than PermRock Royalty Trust (9.69), greater than null (3.05),

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