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Dorchester Minerals LP (Dorchester Minerals LP) 3-Year RORE % : -317.07% (As of Dec. 2023)


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What is Dorchester Minerals LP 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Dorchester Minerals LP's 3-Year RORE % for the quarter that ended in Dec. 2023 was -317.07%.

The industry rank for Dorchester Minerals LP's 3-Year RORE % or its related term are showing as below:

DMLP's 3-Year RORE % is ranked worse than
96.87% of 957 companies
in the Oil & Gas industry
Industry Median: 8.8 vs DMLP: -317.07

Dorchester Minerals LP 3-Year RORE % Historical Data

The historical data trend for Dorchester Minerals LP's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dorchester Minerals LP 3-Year RORE % Chart

Dorchester Minerals LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.95 70.16 -50.11 -533.20 -317.07

Dorchester Minerals LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -533.20 -445.22 -270.66 -238.96 -317.07

Competitive Comparison of Dorchester Minerals LP's 3-Year RORE %

For the Oil & Gas E&P subindustry, Dorchester Minerals LP's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dorchester Minerals LP's 3-Year RORE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Dorchester Minerals LP's 3-Year RORE % falls into.



Dorchester Minerals LP 3-Year RORE % Calculation

Dorchester Minerals LP's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 2.85-1.94 )/( 8.14-8.427 )
=0.91/-0.287
=-317.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


Dorchester Minerals LP  (NAS:DMLP) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Dorchester Minerals LP 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Dorchester Minerals LP's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dorchester Minerals LP (Dorchester Minerals LP) Business Description

Traded in Other Exchanges
N/A
Address
3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
Executives
Dorchester Minerals Operating Lp other: Entity Under Common Control 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Bradley J Ehrman officer: Chief Operating Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Leslie A Moriyama officer: Chief Financial Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
William Casey Mcmanemin director, 10 percent owner, officer: Chief Executive Officer C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Martha Rochelle director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Allen H C Jr director, officer: Chief Financial Officer 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Robert C Vaughn director 3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219
Allen D Lassiter director 25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205
James E Raley director, officer: CHIEF OPERATING OFFICER 9666 ATHERTON DRIVE, DALLAS TX 75243
Buford P Berry director 1700 PACIFIC, SUITE 3300, DALLAS TX 75201
Charles William Russell director 4695 N FM 2869, WINNSBORO TX 75494
Preston A Peak director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Ronald Paul Trout director 1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080
Lucent Technologies Inc. Master Pension Trust 10 percent owner 600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974
Wolf Partners Red 10 percent owner 3738 OAK LAWN AVE STE 300, DALLAS TX 75201

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