Dorchester Minerals Q3 net income falls to $0.73/unit from $0.88, revenue down

DORCHESTER MINERALS, L.P.

Net income $29.5M ($0.73/unit) vs $34.2M ($0.88/unit) in Q3 2022.
Operating revenues $42.6M, down 3.3% from $44.1M year over year.
Nine-month net income $77.3M ($1.94/unit) vs $102.1M ($2.64/unit) in prior period.
Q3 distribution declared $0.84512/unit, payable Nov 9, 2023 to holders of record Oct 30.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

DORCHESTER MINERALS, L.P. reported the quarter ended September 30, 2023 results: revenue Operating Revenues: $42,594,000, net income Net Income: $29,463,000, EPS Net Income Per Common Unit: $0.73.

Period: the quarter ended September 30, 2023
Revenue: Operating Revenues: $42,594,000
Net income: Net Income: $29,463,000
EPS: Net Income Per Common Unit: $0.73
Result: reported results

Exact text from the filing

for the quarters ended September 30, 2023 and 2022 are set forth below: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Operating Revenues $ 42,594,000 $ 44,057,000 $ 113,380,000 $ 131,917,000 Net Income $ 29,463,000 $ 34,201,000 $ 77,337,000 $ 102,149,000 Net Income Per Common Unit $ 0.73 $ 0.88 $ 1.94 $ 2.64 The Partnership

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Source: SEC EDGAR

accession 0001437749-23-030001

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