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ISIN
US25820R1059
CUSIP
25820R105
Sector
Energy
IPO Date
Feb 3, 2003

Highlights

Market Cap
$1.25B
Enterprise Value
$1.22B
EPS (TTM)
$1.44
PE Ratio
17.89
Total Revenue (TTM)
$168.54M
Gross Profit (TTM)
$65.71M
EBITDA (TTM)
$110.16M
Year Range
$20.85 - $28.95
ROA (TTM)
22.83%
ROE (TTM)
23.21%

Share Price Chart


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Performance

DMLP Performance Chart

Dorchester Minerals, L.P. (DMLP) is up 21.0% since the beginning of the year. At $26 per share, DMLP is trading 10.8% below its 52-week high of $29. Investors who bought $1,000 worth of DMLP shares 5 years ago would now be looking at an investment worth $2,693.


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S&P 500 Index

Returns By Period

Dorchester Minerals, L.P. (DMLP) has returned 21.02% so far this year and 2.66% over the past 12 months. Looking at the last ten years, DMLP has achieved an annualized return of 16.68%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.


Dorchester Minerals, L.P.

1D
3.24%
1M
-6.04%
YTD
21.02%
6M
21.57%
1Y
2.66%
3Y*
6.48%
5Y*
21.91%
10Y*
16.68%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DMLP Monthly Returns History

Based on dividend-adjusted daily data since Feb 3, 2003, DMLP's average daily return is +0.06%, while the average monthly return is +1.27%. At this rate, an investment would double in approximately 4.6 years.

Historically, 57% of months were positive and 43% were negative. The best month was Apr 2020 with a return of +33.2%, while the worst month was Mar 2020 at -39.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DMLP closed higher 50% of trading days. The best single day was Nov 24, 2008 with a return of +13.1%, while the worst single day was Nov 20, 2008 at -15.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202613.64%5.42%4.27%3.25%-1.54%-4.69%21.02%
2025-5.73%-0.88%-1.09%-4.72%-4.26%4.07%-1.65%-6.02%2.88%-2.43%-10.68%1.89%-25.92%
20241.78%-1.62%9.09%-2.09%2.23%-6.49%0.83%-0.00%-0.82%9.31%7.39%-2.86%16.59%
20230.33%5.55%-1.69%2.10%-3.54%3.78%4.64%-9.16%4.27%-1.10%4.41%9.27%18.99%
202216.37%5.09%10.24%3.46%18.31%-22.79%24.73%-0.45%-12.87%18.61%6.14%-1.06%71.68%
202112.61%19.92%-5.47%8.73%4.40%10.86%1.11%0.18%15.48%2.45%-7.10%11.24%98.93%

Benchmark Metrics

Dorchester Minerals, L.P. has an annualized alpha of 9.64%, beta of 0.58, and R2 of 0.12 versus S&P 500 Index. Calculated based on daily prices since February 03, 2003.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (81.81%) than losses (70.76%) - typical of diversified or defensive assets.
  • Beta of 0.58 may look defensive, but with R2 of 0.12 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R2 of 0.12 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
9.64%
Beta
0.58
0.12
Upside Capture
81.81%
Downside Capture
70.76%

Return for Risk

Risk / Return Rank

DMLP ranks 43 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


DMLP Risk / Return Rank: 4343
Overall Rank
DMLP Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
DMLP Sortino Ratio Rank: 3939
Sortino Ratio Rank
DMLP Omega Ratio Rank: 3838
Omega Ratio Rank
DMLP Calmar Ratio Rank: 4545
Calmar Ratio Rank
DMLP Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Dorchester Minerals, L.P. (DMLP) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


DMLPBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.92

Sortino ratioReturn per unit of downside risk

-2.43

Omega ratioGain probability vs. loss probability

1.04

1.37

-0.33

Calmar ratioReturn relative to maximum drawdown

0.13

2.78

-2.65

Martin ratioReturn relative to average drawdown

0.31

12.44

-12.12

Dividends

Dividend History

Dorchester Minerals, L.P. provided a 9.84% dividend yield over the last twelve months, with an annual payout of $2.54 per share.


4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.54$2.78$3.49$3.40$3.50$1.53$1.39$2.01$1.74$1.16$0.86$1.15

Dividend yield

9.84%12.41%10.46%10.67%11.68%7.75%12.75%10.32%11.87%7.60%4.88%11.67%

Monthly Dividends

The table displays the monthly dividend distributions for Dorchester Minerals, L.P.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.76$0.00$0.00$0.48$0.00$1.23
2025$0.00$0.74$0.00$0.00$0.73$0.00$0.00$0.62$0.00$0.00$0.69$0.00$2.78
2024$1.01$0.00$0.00$0.78$0.00$0.00$0.70$0.00$0.00$1.00$0.00$0.00$3.49
2023$0.88$0.00$0.00$0.99$0.00$0.00$0.68$0.00$0.00$0.85$0.00$0.00$3.40
2022$0.64$0.00$0.00$0.75$0.00$0.00$0.97$0.00$0.00$1.14$0.00$0.00$3.50
2021$0.24$0.00$0.00$0.30$0.00$0.00$0.48$0.00$0.00$0.51$0.00$0.00$1.53

Dividend Yield & Payout


Dividend Yield

Dorchester Minerals, L.P. has a dividend yield of 9.84%, which means its dividend payment is significantly above the market average.

Payout Ratio

Dorchester Minerals, L.P. has a payout ratio of 146.28%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Dorchester Minerals, L.P.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Dorchester Minerals, L.P. was 72.35%, occurring on Jan 19, 2016. Recovery took 1437 trading sessions.

The current Dorchester Minerals, L.P. drawdown is 13.84%.


Related event

Drawdown

Fall

Recovery

Underwater

2016 bear market2016
-72.35%Jan 2016
1y 5mo5y 8mo
7y 2moJul 2014 - Oct 2021
Financial crisis2007–2009
-54.62%Dec 2008
5mo 17d1y 11mo
2y 4moJun 2008 - Nov 2010
2025 bear market2025
-32.31%Nov 2025
10mo 27d
1y 5moJan 2025 - now
2007 bear market2007
-27.66%Aug 2007
11mo 15d8mo 9d
1y 7moSep 2006 - Apr 2008
Bear market2022
-27.19%Jul 2022
1mo 3d4mo 27d
6moJun 2022 - Nov 2022

Drawdown Indicators


DMLPBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-72.35%

-56.78%

-15.57%

Max Drawdown (1Y)

Largest decline over 1 year

-20.01%

-9.10%

-10.91%

Max Drawdown (3Y)

Largest decline over 3 years

-32.31%

-18.90%

-13.41%

Max Drawdown (5Y)

Largest decline over 5 years

-32.31%

-25.43%

-6.88%

Max Drawdown (10Y)

Largest decline over 10 years

-56.80%

-33.92%

-22.88%

Current Drawdown

Current decline from peak

-13.84%

-1.80%

-12.04%

Average Drawdown

Average peak-to-trough decline

-19.86%

-10.71%

-9.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.49%

2.03%

+6.46%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Dorchester Minerals, L.P. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Dorchester Minerals, L.P. is priced in the market compared to other companies in the Oil & Gas E&P industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for DMLP, comparing it with other companies in the Oil & Gas E&P industry. Currently, DMLP has a P/E ratio of 17.9. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for DMLP relative to other companies in the Oil & Gas E&P industry. Currently, DMLP has a P/S ratio of 7.3. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for DMLP in comparison with other companies in the Oil & Gas E&P industry. Currently, DMLP has a P/B value of 4.2. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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