Dorchester Minerals Sets $0.475 Distribution, Reports $26.6M Q1 Royalty Receipts
Dorchester Minerals declared a first-quarter distribution of $0.475036 per unit, payable May 14 to holders of record May 4. Royalty property cash receipts reached $26.6 million, with average realized prices of $51.79 per barrel of oil and $2.27 per mcf of natural gas.
1. First-Quarter Distribution
Dorchester Minerals declared a cash distribution of $0.475036 per common unit for the quarter ended March 31, 2026, payable on May 14 to unitholders of record as of May 4, 2026.
2. Royalty Property Cash Receipts
Cash receipts from royalty properties totaled $26.6 million, with 76% from oil and gas sales during December 2025 through February 2026 and 24% from prior periods. The partnership realized average prices of $51.79 per barrel of oil and $2.27 per mcf of natural gas.
3. Net Profits Interests and Other Income
No cash receipts were recorded from net profits interests due to capital expenditures reserved for Bakken drilling commitments. Lease bonus and other income added approximately $1.4 million in the first quarter.