Dorchester Receipts Draw Heavily From Prior-Period Proceeds
The partnership declared a cash distribution of $1.272943 per common unit.
Dorchester Minerals (DMLP) drew most of its Net Profits Interest cash receipts from prior sales periods in the second quarter, with a previously announced Texas settlement contributing to the total.
79% of Net Profits Interest receipts came from earlier sales periods, creating an unusually prior-period-heavy mix. That portion included proceeds from the Midland County, Texas, settlement.
Cash receipts from Royalty Properties totaled approximately $50.4 million, making that business the largest source of receipts for the three months ended June 30. Net Profits Interest contributed $16.6 million, while lease bonus and other income added $2.5 million.
The remaining 21% of Net Profits Interest receipts reflected oil and natural gas sales from February through April 2026. The reporting lag separated much of the quarter’s cash intake from production sold during the period.
Dorchester declared the distribution cited above for activity during the three months ended June 30, 2026.
The prior-period proceeds increased the weight of timing and settlement activity in the quarter’s cash receipts, leaving current-period sales as a smaller part of the Net Profits Interest contribution.