DMLP - Insider Move: Bradley J Ehrman Invests $82K In Dorchester Minerals Stock | Benzinga
A significant insider buy by Bradley J Ehrman, Chief Executive Officer at Dorchester Minerals (NASDAQ:DMLP), was executed on June 18, and reported in the recent SEC filing.
What Happened: In a Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission, it was disclosed that Ehrman bought 2,800 shares of Dorchester Minerals, amounting to a total of $82,600.
As of Tuesday morning, Dorchester Minerals shares are down by 1.96%, currently priced at $29.5.
Discovering Dorchester Minerals: A Closer Look
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.
Key Indicators: Dorchester Minerals's Financial Health
Revenue Growth: Dorchester Minerals's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -22.87%. This indicates a decrease in the company's top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a ...