How to Buy Dorchester Minerals Stock
Dorchester Minerals LP
Dorchester Minerals, L. P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests in the United States.
Dorchester Minerals stock last closed at $35.01, up 0.55% from the previous day, and has increased 12.32% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.06 percentage points. Dorchester Minerals stock is currently +29.57% from its 52-week low of $27.02, and -2.04% from its 52-week high of $35.74.
At the moment, there are 39.58M shares of DMLP outstanding. The market capitalization of DMLP is $1.39B. In the last 24 hours, 82,268 DMLP shares were traded.
How to Buy Dorchester Minerals Stock
Wondering how to invest in Dorchester Minerals stock? Here's how.
- Figure out where to buy Dorchester Minerals stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Dorchester Minerals stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Evaluate Dorchester Minerals stock: The Dorchester Minerals ticker symbol is DMLP. Is Dorchester Minerals stock a good investment? Should you buy shares of DMLP? How do DMLP's underlying business fundamentals look? Do top analysts think Dorchester Minerals is a good buy? Why has DMLP's stock price moved recently? (Hint: Our stock research tools can help you evaluate if DMLP is a good stock to buy).
- Execute your DMLP purchase: Decide if you will purchase DMLP shares at the current market price or use a limit order to buy DMLP stock at a given price.
- Get the latest news on your DMLP investment: Create a watchlist to get live updates on your new investment in Dorchester Minerals shares.
Step 1: Figure out where to buy Dorchester Minerals stock
You will need a brokerage account to access the NASDAQ market and buy DMLP stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you are able to buy DMLP today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on the best stock investing app, you need to deposit funds:
Check out the tutorial below if you need help depositing funds into your brokerage account.
Step 4: Evaluate Dorchester Minerals stock
After you have chosen the best place to buy Dorchester Minerals stock, it's absolutely critical to research their stock before you buy, so you can comprehend the risk as well as the opportunity.
Dorchester Minerals shares at a glance
Dorchester Minerals Zen Score
WallStreetZen was designed to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on DMLP's stock page.
Is DMLP stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge DMLP's fair value.
Using relative valuations metrics:
- DMLP may be undervalued based on its P/E ratio of 12.28x, relative to Oil & Gas E&P industry P/E ratio of 15.16x
- DMLP could be overvalued based on its P/B ratio of 7.47x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
- DMLP could be overvalued based on its PEG ratio of 1.39x
You can access more valuation research on DMLP's stock here.
DMLP Financial Overview
Signs that DMLP is financially healthy:
- There are more short-term assets than short-term liabilities on the DMLP balance sheet.
- DMLP's operating cash flow of $139.84M allows it to safely service it's debt of $1.31M.
- DMLP earnings of $114.12M is not enough to cover its interest payments.
- DMLP has a low debt to equity ratio of 0.03.
- There are more short-term assets than long-term liabilities on the DMLP balance sheet.
Signs that DMLP is not financially healthy:
- DMLP profit margin has gone down from 73.8% to 67.4% in the past year.
- Total DMLP debt is higher than 5 years ago, relative to shareholder equity.
DMLP Momentum
How are DMLP Revenues/Earnings doing?
Last year, DMLP earnings were $110.39M. In the past five year, DMLP's earnings have gone up by 12.1% per year. This was slower than the Oil & Gas E&P industry average of 12.87%.
Last year, DMLP revenue was $163.80M. In the last 5 year, DMLP's revenue has grown by 17.45% per year. This was slower than the Oil & Gas E&P industry average of 19.2%.
Learn more about DMLP's earnings and revenue performance here.
Are DMLP executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at DMLP have bought more shares than they have sold.
Dorchester Minerals Operating LP, was the latest DMLP insider to buy. They bought $36,431.10 worth of DMLP stock on Feb 2, 2024.
Research more about who owns DMLP stock here.
Does DMLP provide a stable income stream?
Dorchester Minerals pays a dividend of 10.05%, compared to the Oil & Gas E&P industry's average dividend yield of 3.56%. If you owned $1,000 of DMLP stock, you would have been paid $100.53 in the past year.
Dorchester Minerals dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Dorchester Minerals dividend yield and history here.
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Step 5: Execute your DMLP purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place your order.
If you need more help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your DMLP investment
Now that you own some DMLP shares, you'll want to keep up with your new stock purchase.
Create a watchlist to keep track of your DMLP stock.
DMLP Feed
How to Buy Stock in Dorchester Minerals
To reiterate, here are the 6 steps you need to take to buy Dorchester Minerals stock right now:
- Figure out where to buy Dorchester Minerals stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Evaluate Dorchester Minerals stock
- Execute your DMLP purchase
- Get the latest news on your DMLP investment
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Dorchester Minerals, create a watchlist today.
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