Skip to content

Dorchester Minerals stock

DMLPNASDAQ

Dorchester Minerals, L.P., EnergyISIN US25820R1059

$28.46▲ $0.43 (+1.5%)Closing price of 12 Nov 2026

85Score 85 out of 100, Strong

Turn on early warning

Price and trend

55 / 100

Price history

+20% in one year

The chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 3.3% above it.

Trend change

Since March 2026 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Sharply down: the price has fallen very quickly lately (RSI 29).

Distance to the high

The price is 7.3% below its 52-week high. Largest decline in 20 years: 75% (June 2008 to April 2020).

Chart figures for advanced users
SMA 50$29.28
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$27.55
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)29
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDbelow the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$21.26
The lowest closing price of the last twelve months.
Resistance$30.69
The highest closing price of the last twelve months.
Market cap
$1.4B
Div. yield
11.9%
12 months
13.6
Fair value
$42.71

Snapshot

Computed from the data by fixed rules, no AI

  • Dorchester Minerals, L.P. belongs to the Oil & Gas Exploration & Production industry (United States) and, with a market value of $1.4B, is number 49 of 69 companies in its industry on MEQIRI.
  • In fiscal 2025 it reported revenue of $152.83M (down 5.4% year on year) and earnings of $57.35M (down 38%).
  • MEQIRI Score 85 out of 100 (Strong): rank 1 of 266 in Energy, median 60.
Show more
  • The P/E is 13.6 (Oil & Gas Exploration & Production median 11.1, own median of recent years 12.9).
  • Our model puts fair value at $42.71, with the price 33% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • High dividend yieldDividend yield 11.9%, Oil & Gas Exploration & Production median 3.63%.Capital allocation 63
  • High marginNet margin 50.2% over the last 12 months, Oil & Gas Exploration & Production median 12.4%.Profitability 98
  • More cash than debtCash $55.7M, financial debt $3.4M.Stability 95

Weaknesses

  • DilutionShare count up 37% since 2020.Capital allocation 63
  • Margin fallingOperating margin 37.5%, average of the prior years 69.7% (to 2024).
85/ 100
MEQIRI Score
Strong

Its standout strengths are fundamentals and growth.

Daily figure as of 13 Nov 2026

How the score is calculated

Score overview

Fundamentals are strong, with stable profits and strong cash generation.

Profit consistency100% of years
Cash conversion (free cash flow to earnings, 12 months)158%
ROIC (12 months)40.3%
Positive free cash flow100% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk medium

How well MEQIRI warns

In the middle among smaller stocks.

From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.

What drives the risk

  • high growth grade (crashed more often in the backtest)
  • cyclical sector (energy or materials), as a group, crashed more often in the backtest

What lowers it

  • solid fundamentals
  • calm price action

Valuation

Valuation signal

Significantly undervalued
Price
$28.46
Fair value
$42.71
Gap to fair value
−33%

In our model the price counts as cheap below $30.50 and expensive above $71.18 (uncertainty high, one part of the fair value is more than twice the other).

The two parts of the fair value come to $62.21 (cash-flow model) and $23.20 (industry comparison), and the gap between them shows how uncertain the estimate is.

Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $37.48, at 7.8% it would be $50.55.

Valuation metrics

0.94
7.7
Fair value (model)
$42.71
Earnings part $23.20 (earnings per share $2.10 × 11.1)

Half from the cash-flow model, half from earnings times the industry P/E (11.1).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

20 years

In the twelve months to 30 Sep 2026, revenue rose 38.2% on the twelve months before. Revenue has grown solidly since 2006, at about 4% per year.

Margins

20 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 46%, operating 38%, net 38%. Last 12 months: net 50%.

Debt & balance sheet

latest quarter
0.01
> 100x
10.6
Cash & equivalents
$55.7M

The balance sheet is solid, with low debt and comfortable interest coverage.

Earnings

Next earnings
No date announced.
Last reported
5 Nov 2026EPS reported $0.54

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

2 insiders bought on the open market in the last 6 months, $566,075 in total.

  • Moriyama Leslie APurchase

    19 Aug 2026, Chief Financial Officer

    Shares
    5,197
    Price
    $28.30
    Value
    $147,075
  • Dorchester Minerals Operating LpPurchase

    1 Jun 2026, Insider

    Shares
    7,500
    Price
    $27.56
    Value
    $206,720
  • Dorchester Minerals Operating LpPurchase

    20 May 2026, Insider

    Shares
    7,500
    Price
    $28.30
    Value
    $212,280

Partial trades from one filing are shown in one row, with the average price.

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at Dorchester Minerals

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

266 rated companies in Energy

Rank 1 of 266
1/ 266
This company
85
Sector median
60

Categories against the sector median

ProfitabilityMedian of 266 companies98 (median 58)40 above the median
GrowthMedian of 266 companies99 (median 65)34 above the median
FundamentalsMedian of 266 companies100 (median 62)38 above the median
ValuationMedian of 254 companies with a value87 (median 82)5 above the median
StabilityMedian of 266 companies95 (median 60)35 above the median
Capital allocationMedian of 266 companies63 (median 48)15 above the median
Technical analysisMedian of 266 companies55 (median 53)2 above the median
MomentumMedian of 266 companies64 (median 56)8 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Oil & Gas Exploration & Production

The next larger and next smaller companies by market value

All 69 Oil & Gas Exploration & Production stocks

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 2 Jan 2026)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

MEQIRI counts visits without cookies. With your consent we remember for 90 days where you came from, also in your account, count page changes and time on page, recognise your next visit and load the Meta Pixel, which measures our advertising. You can withdraw your consent at any time under Cookie settings. Privacy