DMLP vs. FLNG
DMLP (Dorchester Minerals, L.P.) and FLNG (FLEX LNG Ltd) are both stocks. Both are in the Energy sector — DMLP in Oil & Gas E&P, FLNG in Oil & Gas Midstream. Over the past 5 years, DMLP returned 21.91%/yr vs 29.37%/yr for FLNG. At a 0.27 correlation, their price movements are largely independent.
Performance
DMLP vs. FLNG - Performance Comparison
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Returns By Period
In the year-to-date period, DMLP achieves a 21.02% return, which is significantly lower than FLNG's 28.23% return.
DMLP
- 1D
- 3.24%
- 1M
- -6.04%
- YTD
- 21.02%
- 6M
- 21.57%
- 1Y
- 2.66%
- 3Y*
- 6.48%
- 5Y*
- 21.91%
- 10Y*
- 16.68%
FLNG
- 1D
- 2.08%
- 1M
- -2.63%
- YTD
- 28.23%
- 6M
- 28.59%
- 1Y
- 41.13%
- 3Y*
- 12.22%
- 5Y*
- 29.37%
- 10Y*
- —
DMLP vs. FLNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DMLP Dorchester Minerals, L.P. | 21.02% | -25.92% | 16.59% | 18.99% | 71.68% | 98.93% | -37.39% | 11.91% |
FLNG FLEX LNG Ltd | 28.23% | 22.47% | -11.61% | -1.19% | 56.32% | 202.13% | -17.14% | 0.15% |
Correlation
The correlation between DMLP and FLNG is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2019 | 0.27 |
The correlation between DMLP and FLNG shifts across timeframes, from 0.12 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DMLP:
$1.25B
FLNG:
$1.64B
DMLP:
$1.44
FLNG:
$1.40
DMLP:
17.89
FLNG:
21.72
DMLP:
7.31
FLNG:
4.84
DMLP:
4.20
FLNG:
2.35
DMLP:
$168.54M
FLNG:
$339.66M
DMLP:
$65.71M
FLNG:
$170.74M
DMLP:
$110.16M
FLNG:
$238.18M
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Return for Risk
DMLP vs. FLNG — Risk / Return Rank
DMLP
FLNG
DMLP vs. FLNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dorchester Minerals, L.P. (DMLP) and FLEX LNG Ltd (FLNG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| DMLP | FLNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.48 | ||
| Sortino ratioReturn per unit of downside risk | -1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.28 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 4.71 | -4.57 |
| Martin ratioReturn relative to average drawdown | 0.31 | 9.97 | -9.66 |
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Drawdowns
DMLP vs. FLNG - Drawdown Comparison
The maximum DMLP drawdown since its inception was -72.35%, roughly equal to the maximum FLNG drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for DMLP and FLNG.
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Drawdown Indicators
| DMLP | FLNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.35% | -71.92% | -0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -20.01% | -8.78% | -11.23% |
Max Drawdown (3Y)Largest decline over 3 years | -32.31% | -25.37% | -6.94% |
Max Drawdown (5Y)Largest decline over 5 years | -32.31% | -31.05% | -1.26% |
Max Drawdown (10Y)Largest decline over 10 years | -56.80% | — | — |
Current DrawdownCurrent decline from peak | -13.84% | -6.47% | -7.37% |
Average DrawdownAverage peak-to-trough decline | -19.86% | -18.74% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 4.20% | +4.29% |
Volatility
DMLP vs. FLNG - Volatility Comparison
Dorchester Minerals, L.P. (DMLP) has a higher volatility of 7.90% compared to FLEX LNG Ltd (FLNG) at 6.66%. This indicates that DMLP's price experiences larger fluctuations and is considered to be riskier than FLNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DMLP | FLNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.90% | 6.66% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 17.40% | 18.85% | -1.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.41% | 25.89% | -2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.67% | 39.18% | -9.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.77% | 47.26% | -15.49% |
Dividends
DMLP vs. FLNG - Dividend Comparison
DMLP's dividend yield for the trailing twelve months is around 9.84%, which matches FLNG's 9.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DMLP Dorchester Minerals, L.P. | 9.84% | 12.41% | 10.46% | 10.67% | 11.68% | 7.75% | 12.75% | 10.32% | 11.87% | 7.60% | 4.88% | 11.67% |
FLNG FLEX LNG Ltd | 9.88% | 12.02% | 13.08% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
DMLP vs. FLNG - Financials Comparison
This section allows you to compare key financial metrics between Dorchester Minerals, L.P. and FLEX LNG Ltd. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
DMLP vs. FLNG - Profitability Comparison
DMLP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dorchester Minerals, L.P. reported a gross profit of 0.00 and revenue of 58.88M. Therefore, the gross margin over that period was 0.0%.
FLNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FLEX LNG Ltd reported a gross profit of 36.75M and revenue of 80.46M. Therefore, the gross margin over that period was 45.7%.
DMLP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dorchester Minerals, L.P. reported an operating income of 0.00 and revenue of 58.88M, resulting in an operating margin of 0.0%.
FLNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FLEX LNG Ltd reported an operating income of 34.20M and revenue of 80.46M, resulting in an operating margin of 42.5%.
DMLP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dorchester Minerals, L.P. reported a net income of 29.14M and revenue of 58.88M, resulting in a net margin of 49.5%.
FLNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FLEX LNG Ltd reported a net income of 19.51M and revenue of 80.46M, resulting in a net margin of 24.3%.
Frequently Asked Questions
DMLP and FLNG have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DMLP has higher volatility (7.90%) compared to FLNG (6.66%). In terms of maximum drawdown, DMLP dropped -72.35% vs FLNG's -71.92%.
FLNG currently has the higher Sharpe Ratio (1.60 vs 0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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