| Dorchester Minerals is engaged in the acquisition, ownership and administration of Royalty Properties and Net Profits Interests (NPIs). The Royalty Properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests located in several counties and parishes in various states (Royalty Properties). The NPIs represent net profits overriding royalty interests in various properties owned by the operating partnership. Co.'s general partner is Dorchester Minerals Management LP, which is managed by its general partner, Dorchester Minerals Management GP LLC. We show 51 historical shares outstanding datapoints in our DMLP shares outstanding history coverage, used to compute DMLP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DMLP market cap history over the course of time is important for investors
interested in comparing DMLP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DMLP versus a peer is one thing; comparing
DMLP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DMLP can fluctuate over the course of history.
With this page we aim to empower investors researching DMLP by allowing them to research the DMLP market cap history.