Dorchester Minerals (DMLP) Operating Expenses (2010 - 2026)
Dorchester Minerals' (DMLP) quarterly Operating Expenses came in at $25.2 million in Q2 2026, up 25.72% on a YoY basis from $20.0 million in Q2 2025, and down 15.25% quarter-over-quarter from $29.7 million in Q1 2026.
Analysis
Dorchester Minerals (DMLP) Operating Expenses (2010 - 2026) Analysis & Trends
Dorchester Minerals (DMLP) has reported Operating Expenses for 17 consecutive years, with $25.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 25.72% year-over-year to $25.2 million; the trailing twelve-month figure through Jun 2026 stood at $104.9 million (up 19.01% YoY), and the FY2025 full-year result was $95.5 million, up 38.23% from the prior year.
- Operating Expenses fell to $25.2 million in Q2 2026 per DMLP's latest filing, from $29.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $29.7 million in Q1 2026 and bottomed at $9.8 million in Q1 2022.
- Historically, Operating Expenses has averaged $17.2 million across 5 years, with a median of $13.7 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 108.88% in 2022, then climbed 0.77% in 2025.
- Over 5 years, Operating Expenses stood at $10.4 million in 2022, then soared by 30.83% to $13.6 million in 2023, then jumped by 86.75% to $25.5 million in 2024, then gained by 0.77% to $25.7 million in 2025, then retreated by 1.8% to $25.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $25.2 million, $29.7 million, and $25.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 8.76 Bn | 8.68 Bn | - | 249.00 Mn |
| 2 | Black Stone Minerals | 3.18 Bn | 3.17 Bn | - | 38.90 Mn |
| 3 | Natural Resource Partners | 1.49 Bn | 1.46 Bn | 47.24 Mn | 21.88 Mn |
| 4 | Kimbell Royalty Partners | 1.46 Bn | 1.42 Bn | - | 52.80 Mn |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | 25.20 Mn |
| 6 | Evolution Petroleum | 126.62 Mn | 121.58 Mn | 7.21 Mn | 20.73 Mn |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | 56,000.00 |
| 8 | Mentor Capital | 757,270.28 | 21,452.28 | 65,595.00 | 197,439.00 |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | 4,167.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.20 Mn |
| Mar 31, 2026 | 29.74 Mn |
| Dec 31, 2025 | 25.67 Mn |
| Sep 30, 2025 | 24.24 Mn |
| Jun 30, 2025 | 20.05 Mn |
| Mar 31, 2025 | 25.52 Mn |
| Dec 31, 2024 | 25.47 Mn |
| Sep 30, 2024 | 17.06 Mn |
| Jun 30, 2024 | 13.73 Mn |
| Mar 31, 2024 | 12.81 Mn |
| Dec 31, 2023 | 13.64 Mn |
| Sep 30, 2023 | 13.13 Mn |
| Jun 30, 2023 | 10.82 Mn |
| Mar 31, 2023 | 12.10 Mn |
| Dec 31, 2022 | 10.43 Mn |
| Sep 30, 2022 | 9.86 Mn |
| Jun 30, 2022 | 10.14 Mn |
| Mar 31, 2022 | 9.78 Mn |
| Dec 31, 2021 | 6.47 Mn |
| Sep 30, 2021 | 5.94 Mn |