Dorchester Minerals, L.P. Announces Two Agreements to Acquire Mineral, Royalty and Overriding Royalty Interests [Yahoo! Finance]
Dorchester Minerals, L.P. - Common Units Representing Limited Partnership Interests (DMLP)
US:NASDAQ Investor Relations:
dmlp.net/investor-relations
Company Research
Source: Yahoo! Finance
On September 12, 2024, the Partnership entered into a non-taxable contribution and exchange agreement with unrelated third parties to acquire mineral, royalty and overriding royalty interests totaling approximately 14,529 net royalty acres located in 14 counties across New Mexico and Texas. Approximately 65% of the acreage is located in the Delaware Basin with the remaining 35% in the Midland Basin. Cash received by the contributing entities on or after July 1, 2024, will be contributed to the Partnership at closing. The contributing entities will convey their interests to the Partnership in exchange for 6,721,144 common units representing limited partnership interests in Dorchester Minerals, L.P. The acquisition is expected to close on September 30, 2024, subject to customary closing conditions. On September 4, 2024, the Partnership entered into a non-taxable contribution and exchange agreement with an unrelated third party to acquire overriding royalty interests totaling approxim
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DMLP
News
- Dorchester Minerals, L.P. Announces Third Quarter ResultsGlobeNewswire
- Dorchester Minerals, L.P. Announces Its Third Quarter DistributionGlobeNewswire
- Dorchester Minerals, L.P. Announces Appointment of Manager to Board of Managers [Yahoo! Finance]Yahoo! Finance
- Dorchester Minerals, L.P. Announces Appointment of Manager to Board of ManagersGlobeNewswire
- Dorchester Minerals' High-Yield Appeal With Major Acquisitions In The Current Energy Market [Seeking Alpha]Seeking Alpha
DMLP
Sec Filings
- 11/15/24 - Form 4
- 11/7/24 - Form SC
- 10/31/24 - Form 10-Q
- DMLP's page on the SEC website