Introduction
Dorchester Minerals LP (DMLP) is a limited partnership whose principal operating assets are net profit interests in working interest properties. The company owns and holds producing and non-producing mineral, royalty, overriding royalty, net profits, and leasehold interests.
With a business model built around acquiring new royalty interests to replace the depleting assets and aim to grow the dividend distribution, DMLP presents a great income play for investors.
Background Of The Mineral Royalty Model
The US Mineral Exchange defines mineral interest as “the ownership of all rights to gas, oil, and other minerals