Insider Trading Review: Dorchester Minerals, L.P. $DMLP

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Dorchester Minerals, L.P. (DMLP) insider have most recently took part in a trading activity. On Dec 6, 2017 Vaughn Robert C, Director bought 6,186 shares having total worth of $91,058 at the price of $14.72 per share, following the transaction a total of 30,738 shares owned by Vaughn Robert C. Before this latest buy, Vaughn Robert C purchased DMLP at 1 other times during the past twelve months, for a total investment of $769,058 at an average of $14.98 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 12 times by insiders. an employee of the company was the buyer in 12 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -2.01%
12 Month 12 0 4.27%

Shares of Dorchester Minerals, L.P. (DMLP) traded up 1.03% on Dec 5, 2017, hitting $14.65. 69,008 shares of the company’s stock traded hands. Dorchester Minerals, L.P. has a 52 week low of $13.7 and a 52 week high of $19.3. The company’s market cap is $465 million.

Dorchester Minerals, L.P. is a publicly traded Delaware limited partnership that commenced operations on January 31, 2003 upon the combination of Dorchester Hugoton, Ltd., Republic Royalty Company, L.P. and Spinnaker Royalty Company, L.P. The company is engaged in the acquisition, ownership, and administration of Royalty Properties and Net Profits Interests (NPIs). The company’s general partner is Dorchester Minerals Management LP, which is managed by its general partner, Dorchester Minerals Management GP LLC. Properties The company owns two categories of properties: Royalty Properties and Net Profits Interests (NPIs). Royalty Properties: The company owns Royalty Properties representing producing and nonproducing mineral, royalty, overriding royalty, net profits and leasehold interests in properties located in 574 counties and parishes in 25 states. Net Profits Interests: The company owns net profits overriding royalty interests in various properties. The company’s major customer includes Williams Gas Marketing, Inc. History Dorchester Minerals, L.P. was founded in 1982.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.