earnings
confidence high
sentiment negative
materiality 0.65
Dorchester Minerals FY2023 net income $114.1M, down 12.6% YoY; EPS $2.85 from $3.35
DORCHESTER MINERALS, L.P.
- Operating revenues $163.8M, down from $170.8M in 2022.
- Net income per common unit $2.85, compared to $3.35 in prior year.
- Total proved reserves 83.3 bcfe at Dec 31, 2023; 82% from Royalty Properties.
- Distributed $137.5M to unitholders from May 2023 through Feb 2024 attributable to 2023 activity.
- Natural gas represents 40% of proved reserves, all proved developed producing.