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Dorchester Minerals, L.P. (DMLP)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

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

Highlights

EPS (TTM)
$1.14
PE Ratio
23.84
Total Revenue (TTM)
$150.69M
Gross Profit (TTM)
$85.68M
EBITDA (TTM)
$121.82M
Year Range
$20.85 - $30.13
ROA (TTM)
17.45%
ROE (TTM)
17.69%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Dorchester Minerals, L.P., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Dorchester Minerals, L.P. (DMLP) has returned 24.91% so far this year and 0.12% over the past 12 months. Looking at the last ten years, DMLP has achieved an annualized return of 20.98%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Dorchester Minerals, L.P.

1D
-2.80%
1M
4.27%
YTD
24.91%
6M
10.91%
1Y
0.12%
3Y*
7.23%
5Y*
27.02%
10Y*
20.98%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 3, 2003, DMLP's average daily return is +0.06%, while the average monthly return is +1.31%. At this rate, your investment would double in approximately 4.4 years.

Historically, 58% of months were positive and 42% 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%24.91%
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 10.46%, beta of 0.59, and R² of 0.12 versus S&P 500 Index. Calculated based on daily prices since February 04, 2003.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (84.09%) than losses (68.08%) — typical of diversified or defensive assets.
  • Beta of 0.59 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
10.46%
Beta
0.59
0.12
Upside Capture
84.09%
Downside Capture
68.08%

Return for Risk

Risk / Return Rank

DMLP ranks 37 for risk / return — below 37% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


DMLP Risk / Return Rank: 3737
Overall Rank
DMLP Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
DMLP Sortino Ratio Rank: 3333
Sortino Ratio Rank
DMLP Omega Ratio Rank: 3232
Omega Ratio Rank
DMLP Calmar Ratio Rank: 4040
Calmar Ratio Rank
DMLP Martin Ratio Rank: 4040
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 a chosen benchmark (S&P 500 Index).


DMLPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.00

0.90

-0.89

Sortino ratio

Return per unit of downside risk

0.18

1.39

-1.20

Omega ratio

Gain probability vs. loss probability

1.02

1.21

-0.19

Calmar ratio

Return relative to maximum drawdown

0.01

1.40

-1.39

Martin ratio

Return relative to average drawdown

0.02

6.61

-6.59

Explore DMLP risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Dorchester Minerals, L.P. provided a 10.30% dividend yield over the last twelve months, with an annual payout of $2.79 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$2.79$2.78$3.49$3.40$3.50$1.53$1.39$2.01$1.74$1.16$0.86$1.15

Dividend yield

10.30%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$0.76
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 10.30%, which means its dividend payment is significantly above the market average.

Payout Ratio

Dorchester Minerals, L.P. has a payout ratio of 393.63%, 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 11.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-72.35%Jul 30, 2014371Jan 19, 20161437Oct 1, 20211808
-54.62%Jun 25, 2008117Dec 9, 2008482Nov 8, 2010599
-32.31%Jan 3, 2025226Nov 26, 2025
-27.66%Sep 6, 2006239Aug 17, 2007170Apr 22, 2008409
-27.19%Jun 3, 202222Jul 6, 2022103Nov 30, 2022125

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 23.8. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.

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 8.5. 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.

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