DMLP — Dorchester Minerals LP

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Dorchester Minerals LP

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 594 counties and parishes in 28 states; and net profits interests, which represent net profits overriding royalty interests in various properties owned by the operating partnership. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$28.12
Market Cap$1.30B
Float47.2M
Shares Outstanding48.3M
P/E (Forward)20.79
P/E (TTM)19.33
Price/Sales (TTM)7.97
Profit Margin40.87%
Operating Margin (TTM)49.49%
Revenue (TTM)$163M
Earnings Growth (YoY)63.00%
Dividend Rate2.5%

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $46.9M $21.9M $29.3M $34.0M
2021 $93.4M $70.2M $75.4M $80.9M
2022 $171M $131M $139M $150M
2023 $164M $110M $125M $141M
2024 $162M $92.4M $104M $135M
2025 $153M $57.4M $70.7M $124M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $32.4M $11.9M
Sep 2025 $35.4M $10.8M
Dec 2025 $41.9M $17.0M
Mar 2026 $58.9M $29.1M

Ownership & Float

Insider Ownership9.4%
Institutional Ownership26.1%
Short Float1.2%
% of All Funds Holding1.65%
Number of Funds Holding136

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$27.59Near-term / short-term trend
Weekly40-Week SMA$25.32Medium-term trend
Weekly80-Week SMA$27.41Cyclical trend (business cycle)
Weekly200-Week SMA$29.07Secular trend (multi-year)
Monthly10-Month SMA$25.71Near-term monthly trend
Monthly20-Month SMA$27.63Medium-term monthly trend
Monthly40-Month SMA$29.08Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$24.50 support 1.07x 3 months ago
$22.40 support 1.23x 4 months ago
$28.80 resistance 1.20x 12 months ago
$33.30 resistance 2.13x 16 months ago

Historical Earnings Reactions (92 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.23% 0.16% 57.61% 4.16% -3.35%
1 Day 0.32% 0.55% 60.87% 4.99% -8.31%
1 Week -0.57% -0.67% 41.30% 19.39% -8.84%
2 Weeks -1.55% -1.59% 34.78% 15.58% -9.34%
1 Month -1.33% -2.74% 38.46% 20.92% -21.17%

Next earnings: August 6, 2026 (61 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.9%52.2%23
Feb-0.1%47.8%23
Mar0.7%58.3%24
Apr5.4%66.7%24
May1.1%45.8%24
Jun1.8%65.2%23
Jul0.2%56.5%23
Aug-2.0%26.1%23
Sep-0.3%52.2%23
Oct-0.4%34.8%23
Nov-1.5%52.2%23
Dec-1.0%47.8%23

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.08% 50.0% 1099
Tuesday 0.12% 49.3% 1206
Wednesday 0.00% 50.9% 1206
Thursday -0.06% 46.7% 1181
Friday 0.01% 50.4% 1176

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 26.1%

Insider Transactions — Smart Summary

Total insider ownership: 9.4%

12-Month Insider Activity Summary

Total Filings12
Net Value+$247,480.718
Net Shares Change94,338
% of Float0.2%
C-Suite Filings3
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
DORCHESTER MINERALS OPERATING LP +$923,750.25 3 N/A
Box Frank Damon +$212,101 2 2 buy
EHRMAN BRADLEY J Chief Executive Officer +$182,099.218 2 2 buy
VAUGHN ROBERT C +$102,965.427 2 2 buy
MORIYAMA LESLIE A Chief Financial Officer +$65,381.5 1 1 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-11-26 – 2025-12-03 5 4 +$353,151.145 2 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-12 EHRMAN BRADLEY J Chief Executive Officer +$107,120 Transaction at $26.78, now +5.0%
2025-11-28 MORIYAMA LESLIE A Chief Financial Officer +$65,381.5 Transaction at $21.50, now +30.8%
2025-11-26 EHRMAN BRADLEY J Chief Executive Officer +$74,979.218 Transaction at $21.50, now +30.8%
2025-12-03 Box Frank Damon +$109,825 Transaction at $21.96, now +28.0%
2025-11-28 VAUGHN ROBERT C +$98,800.228 Transaction at $21.41, now +31.3%
2025-09-08 Box Frank Damon +$102,276 Transaction at $25.57, now +10.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Dorchester Minerals LP (DMLP) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for DMLP on Trend Edge →