Dorchester Minerals Q2 net income falls 47% YoY to $19.8M ($0.50/unit)

DORCHESTER MINERALS, L.P.

Q2 net income $19.8M ($0.50/unit) vs $37.3M ($0.96) in Q2 2022, down 47%.
Operating revenues $30.6M, down 35% from $47.5M in prior-year quarter.
Q2 distribution declared $0.676818/unit, payable Aug 10, 2023 to holders of record July 31.
Six-month net income $47.9M ($1.21/unit) vs $67.9M ($1.76) in prior period.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DORCHESTER MINERALS, L.P. reported the quarter ended June 30, 2023 results: revenue $30,619,000, net income $19,804,000, EPS $0.50.

Period: the quarter ended June 30, 2023
Revenue: $30,619,000
Net income: $19,804,000
EPS: $0.50
Result: reported results

Exact text from the filing

results for the quarters ended June 30, 2023 and 2022 are set forth below: Three Months Ended Six Months Ended June 30, June 30, 2023 2022 2023 2022 Operating Revenues $ 30,619,000 $ 47,459,000 $ 70,786,000 $ 87,860,000 Net Income $ 19,804,000 $ 37,324,000 $ 47,874,000 $ 67,948,000 Net Income Per Common Unit $ 0.50 $ 0.96 $ 1.21 $ 1.76 The Partnership

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DORCHESTER MINERALS, L.P. filing history →

Source: SEC EDGAR

accession 0001437749-23-021907

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