earnings
confidence high
sentiment positive
materiality 0.80
Dorchester Minerals 2022 net income $130.6M ($3.35/unit), revenue $170.8M, up 83% YoY
DORCHESTER MINERALS, L.P.
- Net income $130.6M vs $70.2M in 2021; diluted EPS $3.35 vs $1.94.
- Operating revenue $170.8M, up 83% from $93.4M in prior year.
- Proved reserves 92.7 bcfe as of Dec 31, 2022; 81% royalty, 19% net profits interests.
- Total distributions of $142.2M paid to unitholders from May 2022 through Feb 2023.
- Natural gas comprised 42% of proved reserves, all classified as proved developed producing.