Published in
M2 EquityBites
on Friday, 09 May 2008 at
17:17 GMT
Copyright (C) 2008, M2 Communications Ltd.
Dorchester Minerals LP (NasdaqGS:DMLP), which owns producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits and leasehold interests, declared yesterday (8 May) its financial results for the first quarter ended 31 March 2008.
The company's total operating revenues for the first quarter were USD21.3m, up when compared to USD14.7m for the same quarter of 2007. The net earnings were USD15.4m (USD0.53 per diluted share), increased as against the net income of USD9.1m (USD0.31 per diluted share) in the first quarter a year ago.
