Dorchester Minerals Lp Stock Today
| DMLP Stock | USD 33.57 0.08 0.24% |
Performance6 of 100
| Odds Of DistressLess than 8
|
Dorchester Minerals is selling at 33.57 as of the 18th of April 2024; that is -0.24% down since the beginning of the trading day. The stock's last reported lowest price was 33.2. Dorchester Minerals has only a 8 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Dorchester Minerals LP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of April 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 3rd of February 2003 |
Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests in the United States. The company was founded in 1982 and is based in Dallas, Texas. The company has 40.09 M outstanding shares of which 465.58 K shares are currently shorted by private and institutional investors with about 7.97 trading days to cover. More on Dorchester Minerals LP
Moving together with Dorchester Stock
| 0.78 | AR | Antero Resources Corp Earnings Call This Week | PairCorr |
| 0.8 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.93 | SD | SandRidge Energy | PairCorr |
| 0.82 | SM | SM Energy Earnings Call This Week | PairCorr |
| 0.81 | VIST | Vista Oil Gas Earnings Call This Week | PairCorr |
Moving against Dorchester Stock
| 0.52 | VIVK | Vivakor Report 23rd of May 2024 | PairCorr |
| 0.48 | EP | Empire Petroleum Corp | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
Dorchester Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dorchester Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dorchester Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | William McManemin | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Petroleum and Natural Gas (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, NASDAQ Composite, NASDAQ Composite Total, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Dorchester Minerals report their recommendations after researching Dorchester Minerals' financial statements, talking to executives and customers, or listening in on Dorchester Minerals' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dorchester Minerals. The Dorchester consensus assessment is calculated by taking the average forecast from all of the analysts covering Dorchester Minerals. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Dorchester Minerals' liquidity, profitability, solvency, and operating efficiency, Dorchester Minerals LP is not in a good financial situation at this time. It has a very high risk of going through financial distress in May. Financial strength of Dorchester Minerals is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dorchester Minerals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dorchester Minerals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dorchester Minerals' financial leverage. It provides some insight into what part of Dorchester Minerals' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dorchester Minerals LP (DMLP) is traded on NASDAQ Exchange in USA. It is located in 3838 Oak Lawn Avenue, Dallas, TX, United States, 75219-4541 and employs 27 people. Dorchester Minerals is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dorchester Minerals's market, we take the total number of its shares issued and multiply it by Dorchester Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Dorchester Minerals conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 40.09 M outstanding shares of which 465.58 K shares are currently shorted by private and institutional investors with about 7.97 trading days to cover.
Dorchester Minerals LP currently holds about 42.98 M in cash with 139.84 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.14.
Check Dorchester Minerals Probability Of Bankruptcy
Ownership AllocationDorchester Minerals holds a total of 40.09 Million outstanding shares. Dorchester Minerals LP shows 7.09 percent of its outstanding shares held by insiders and 20.31 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Dorchester Ownership Details
Dorchester Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Dorchester Minerals jumping above the current price in 90 days from now is about 17.09%. The Dorchester Minerals LP probability density function shows the probability of Dorchester Minerals stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Dorchester Minerals has a beta of 0.3969 suggesting as returns on the market go up, Dorchester Minerals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dorchester Minerals LP will be expected to be much smaller as well. Additionally, dorchester Minerals LP has an alpha of 0.1118, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Dorchester Minerals to move above the current price in 90 days from now is about 17.09 (This Dorchester Minerals LP probability density function shows the probability of Dorchester Stock to fall within a particular range of prices over 90 days) .
Dorchester Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Dorchester Minerals that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dorchester Minerals' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dorchester Minerals' value.| Instituion | Recorded On | Shares | |
| First Trust Advisors L.p. | 2023-12-31 | 165.5 K | |
| Bank Of America Corp | 2023-12-31 | 154.9 K | |
| Ing Groep Nv | 2023-12-31 | 121 K | |
| Citadel Advisors Llc | 2023-09-30 | 93.8 K | |
| Everett Harris & Co | 2023-12-31 | 87.1 K | |
| Wells Fargo & Co | 2023-12-31 | 82 K | |
| Moors & Cabot Inc | 2023-12-31 | 80 K | |
| Concorde Financial Corporation | 2023-12-31 | 73.4 K | |
| Edge Capital Group, Llc | 2023-12-31 | 70 K | |
| Horizon Asset Management Inc/ny | 2023-12-31 | 907.1 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 657.1 K |
Dorchester Minerals Historical Income Statement
Dorchester Minerals LP Income Statement is one of the three primary financial statements used for reporting Dorchester's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dorchester Minerals revenue and expense. Dorchester Minerals Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dorchester Minerals' Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 04/18/2024, Net Income is likely to grow to about 119.8 M, while Operating Income is likely to drop slightly above 11.2 M. View More FundamentalsDorchester Stock Against Markets
Picking the right benchmark for Dorchester Minerals stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dorchester Minerals stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dorchester Minerals is critical whether you are bullish or bearish towards Dorchester Minerals LP at a given time. Please also check how Dorchester Minerals' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dorchester Minerals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Transaction History Now
Transaction HistoryView history of all your transactions and understand their impact on performance |
| All Next | Launch Module |
Dorchester Minerals Corporate Management
Elected by the shareholders, the Dorchester Minerals' board of directors comprises two types of representatives: Dorchester Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dorchester. The board's role is to monitor Dorchester Minerals' management team and ensure that shareholders' interests are well served. Dorchester Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dorchester Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Martha Rochelle | Independent Member of the Board of Managers | Profile | |
| Buford Berry | Independent Member of the Board of Managers | Profile | |
| Martye Miller | Investor Manager | Profile | |
| Teresa Williams | Controller | Profile | |
| Ronald Trout | Independent Member of the Board of Managers | Profile |
How to buy Dorchester Stock?
Before investing in Dorchester Minerals, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dorchester Minerals. To buy Dorchester Minerals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dorchester Minerals. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dorchester Minerals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dorchester Minerals LP stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dorchester Minerals LP stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Dorchester Minerals LP, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Dorchester Stock please use our How to Invest in Dorchester Minerals guide.
Already Invested in Dorchester Minerals LP?
The danger of trading Dorchester Minerals LP is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dorchester Minerals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dorchester Minerals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dorchester Minerals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Dorchester Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Dorchester Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dorchester Minerals Lp Stock. Highlighted below are key reports to facilitate an investment decision about Dorchester Minerals Lp Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorchester Minerals LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Dorchester Stock analysis
When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
Is Dorchester Minerals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorchester Minerals. If investors know Dorchester will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorchester Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.247 | Dividend Share 3.519 | Earnings Share 2.85 | Revenue Per Share 4.075 | Quarterly Revenue Growth 0.382 |
The market value of Dorchester Minerals is measured differently than its book value, which is the value of Dorchester that is recorded on the company's balance sheet. Investors also form their own opinion of Dorchester Minerals' value that differs from its market value or its book value, called intrinsic value, which is Dorchester Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorchester Minerals' market value can be influenced by many factors that don't directly affect Dorchester Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dorchester Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorchester Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorchester Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.