Dorchester Minerals, L.P. — Second Quarter 2026 Earnings Summary

Financial Performance

• Operating revenues for the three months ended June 30, 2026, were $56,075,000, compared to $32,395,000 in the same period of 2025.
• Net income for the three months ended June 30, 2026, was $30,871,000, an increase from $12,347,000 in the prior year period.
• Net income per common unit for the three months ended June 30, 2026, was $0.62, compared to $0.25 in the prior year period.
• For the six months ended June 30, 2026, operating revenues were $114,950,000, compared to $75,559,000 in the same period of 2025.
• Net income for the six months ended June 30, 2026, was $60,008,000, compared to $29,989,000 in the prior year period.
• Net income per common unit for the six months ended June 30, 2026, was $1.20, compared to $0.61 in the prior year period.
• The Partnership declared a second quarter distribution of $1.272943 per common unit, payable on August 13, 2026, to common unitholders of record as of August 3, 2026.

Other Key Points

• Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 28 states.
• Common units trade on the Nasdaq Global Select Market under the symbol DMLP.
• Cash distributions are not comparable to net earnings due to timing and other differences including depletion.