DORCHESTER MINERALS, L.P.
Close on Oct 19, 2026
- Market cap
- $1.45B
- P/E (TTM)
- 16.6
- Dividend yield
- –
About Dorchester Minerals, L.P.
Crude Petroleum & Natural Gas, SIC 1311
Dorchester Minerals, L.P. is a Delaware limited partnership engaged in the acquisition, ownership, and administration of royalty properties and net profits interests. Its assets consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in oil and natural gas properties. The partnership does not directly operate wells or bear operational expenses; instead, independent exploration and production entities develop and manage the underlying acreage. Operating companies and working interest owners, including major producers such as subsidiaries of Exxon Mobil Corporation and Chevron Corporation, serve as the primary operators generating royalty revenues from its interests.
The partnership's royalty holdings encompass properties located across 594 counties and parishes within 28 U.S. states, with active mineral and royalty interests spanning regions such as Colorado, New Mexico, and Texas. The organization maintains its corporate headquarters and executive offices in Dallas, Texas. As of early 2026, administrative and operational services are conducted by 26 full-time personnel employed by its operating partnership at the Dallas facility.
Summary of the business section of Dorchester Minerals, L.P.'s latest annual report, written by StockData.
Company profile
Company
- Legal name
- DORCHESTER MINERALS, L.P.
- Founded
- 2003
- Headquarters
- Dallas, TX
- Address
- 3838 Oak Lawn Avenue, Suite 300 75219-4541
- Phone
- (214) 559-0300
- Website
- dmlp.net
- Employees
- 26, Dec 31, 2025
- Industry
- Crude Petroleum & Natural Gas
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Dallas, Texas
Stock & identifiers
- Ticker
- DMLP
- Exchange
- Nasdaq
- Shares outstanding
- 49M, Aug 6, 2026
- Public float
- $1.24B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1172358
- CUSIP
- 25820R105
- ISIN
- US25820R1059
- LEI
- 529900J537JTEZOMXG05
- EIN
- 81-0551518
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Leslie A. Moriyama | Chief Financial Officer | 103,405 |
| Bradley J. Ehrman | Chief Executive Officer | 157,915 |
| Troy Sturrock | Director | 900 |
| Albert G. Nance III | Director | 15,419 |
| Frank Damon Box | Director | 9,000 |
| Robert C. Vaughn | Director | 520,547 |
| Sarah N. Wariner | Director | 0 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Bradley JEhrman | $1.63M | $1.38M | $818.68K | $354 | $406 |
| FY2025 William Casey Mc Manemin | $0 | $0 | $818.68K | $354 | $406 |
| FY2024 | $1.76M | $1.76M | $866.74K | $477 | $445 |
| FY2024 Bradley JEhrman | $1.76M | $1.76M | $866.74K | $477 | $445 |
| FY2024 Former PEO | $0 | $0 | $866.74K | $477 | $445 |
| FY2024 William Casey Mc Manemin | $0 | $0 | $866.74K | $477 | $445 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of February 24, 2026, the Operating Partnership had 26 full-time employees in our Dallas, Texas corporate office.”
Corporate history
Events identified from SEC filings