Dorchester Minerals (DMLP) Settles Midland County Dispute

Dorchester Minerals, L.P. (NASDAQ:DMLP) is one of the MLP Stocks List: 20 Largest MLPs.

Dorchester Minerals (DMLP) Settles Midland County Dispute

Dorchester Minerals, L.P. (NASDAQ:DMLP) has successfully resolved a litigation over the leasehold interests in Midland County, Texas. The settlement was finalized on March 12, 2026, and announced four days later. With the agreement, the company generated $15.5 million in proceeds for the Operating Partnership. The company will integrate these funds into the April 2026 net profits interest calculation, which will likely increase the distributable income for unitholders. Additionally, by settling this dispute in a premier oil-producing region, the partnership effectively reduces legal uncertainty over a key oil-producing region and clarifies near-term cash flow. It also strengthens the company’s royalty-based business model and increases visibility into upcoming distributions.

Prior to this, on February 27, 2026, Dorchester Minerals, L.P. (NASDAQ:DMLP) restored NASDAQ compliance by receiving confirmation for the newly appointed independent manager, A. Troy Sturrock, to serve on its board of managers and Advisory Committee. The compliance required at least 3 independent audit committee members, which was down to 2 at Dorchester Minerals, L.P. (NASDAQ:DMLP) earlier due to the passing of C.W. “Bill” Russell in November 2025.

Founded in 1982, Dorchester Minerals, L.P. (NASDAQ:DMLP) is a publicly traded partnership that owns oil and gas mineral, royalty, and net profits interests. The Texas-based company operates under an asset-light, royalty-focused business model that requires no capital expenditure for drilling operations.

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