Dorchester Minerals, L.P. Announces 2024 Results

Financial Performance - Dorchester Minerals, L.P. reported a net income of $92,449,000 for the year ended December 31, 2024, translating to$2.13 per common unit, a decrease from $114,117,000 or$2.85 per common unit in 2023 [1] - Operating revenues for 2024 were $161,523,000, slightly down from$163,799,000 in 2023 [1] Reserves and Production - As of December 31, 2024, the total proved oil and natural gas reserves were estimated at 17.0 million barrels of oil equivalent (mmboe), with 86% attributed to Royalty Properties and 14% to Net Profits Interest [1] - Oil and natural gas liquids comprised 65% of the proved reserves, all of which were classified as proved developed producing [1] Distributions to Unitholders - The Partnership distributed a total of $141.6 million to its common unitholders from May 2024 through February 2025, reflecting the activity attributable to 2024 [2] Company Overview - Dorchester Minerals, L.P. is based in Dallas and owns producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests across 28 states [2]