Dorchester Minerals did not provide specific guidance for future quarters or the full year
Overview
US oil and gas royalty owner's Q2 operating revenue and net income rose sharply yr/yr
Net income per common unit increased to $0.62 from $0.25 a year earlier
Company previously declared Q2 distribution of $1.27 per common unit
Key details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income per Common Unit
$0.62
Q2 Total Operating Revenue
$56.1 mln
Q2 Net Income
$30.9 mln
Result drivers
Oil volume surge - Royalty Properties oil sales volumes rose 44% to 573 mbbls in Q2 2026, primarily from higher suspense releases on new wells in the Permian Basin and Rockies wells acquired in Q3 2025
Oil price strength - Royalty Properties oil sales prices rose 35% to $76.12 per barrel, while NPI oil prices increased 20% to $74.22 per barrel in the reported period
- Royalty Properties natural gas sales prices fell 86% to $0.19 per mcf, partially offsetting oil strength
DMLP•
