DMLP - Bradley J Ehrman Takes a Bullish Stance: Acquires $440K In Dorchester Minerals Stock | Benzinga
A notable insider purchase on December 18, was reported by Bradley J Ehrman, Chief Executive Officer at Dorchester Minerals (NASDAQ:DMLP), based on the most recent SEC filing.
What Happened: Ehrman's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, involves purchasing 14,180 shares of Dorchester Minerals. The total transaction value is $440,005.
As of Tuesday morning, Dorchester Minerals shares are up by 0.39%, currently priced at $31.0.
Unveiling the Story Behind Dorchester Minerals
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
Dorchester Minerals: A Financial Overview
Revenue Growth: Dorchester Minerals's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -3.32%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company stands out with a ...