Dorchester Minerals enters agreements to acquire mineral, royalty interests
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 16 2024
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Acquisition Agreements: Dorchester Minerals has entered into two agreements to acquire mineral, royalty, and overriding royalty interests, totaling approximately 14,529 net royalty acres in New Mexico and Texas, and 1,204 net royalty acres in Weld County, Colorado.
Financial Contributions: Cash received by the contributing entities after July 1, 2024, will be contributed to the Partnership at the time of closing for both agreements.
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Analyst Views on DMLP
About DMLP
Dorchester Minerals, L.P. is the owner of producing and non-producing crude oil and natural gas minerals, royalty, overriding royalty, net profits, and leasehold interests. The Company is focused on the acquisition, ownership, and administration of Royalty Properties and Net Profits Interest (NPI). The Company owns Royalty properties in 594 counties and parishes in 28 states. It owns a net profit overriding royalty interest in various properties owned by Dorchester Minerals Operating LP. The Company also owns mineral interests totaling approximately 3,050 net royalty acres located in Adams County, Colorado. Its wholly owned subsidiaries include Dorchester Minerals Oklahoma LP, Dorchester Minerals Oklahoma GP, Inc., Maecenas Minerals LLP, Dorchester-Maecenas GP LLC, The Buffalo Co., A Limited Partnership, DMLPTBC GP LLC, and DMLP Terra Firma LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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