other material
confidence high
sentiment neutral
materiality 0.25
Dorchester files pro forma financials for Sep 2024 acquisition; pro forma EPS $1.80 vs historical $2.13
DORCHESTER MINERALS, L.P.
- Pro forma net income of $87.1M vs $92.4M historical; diluted EPS $1.80 vs $2.13.
- Acquisition added $20.2M in royalty revenues and $1.1M in production taxes to pro forma results.
- Issued 6.72M common units (value ~$202.6M) as consideration; $193.7M capitalized to oil & gas properties.
- Pro forma DD&A increased by $23.4M from the additional cost basis.