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Dorchester Minerals, L.P. Announces Its First Quarter Distribution


Dorchester Minerals, L.P. Announces Its First Quarter Distribution
/EIN News/ DALLAS, April 22, 2021 (GLOBE NEWSWIRE) Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s first quarter 2021 cash distribution. The distribution of $0.303441 per common unit represents activity for the three-month period ended March 31, 2021 and is payable on May 13, 2021 to common unitholders of record as of May 3, 2021.
Cash receipts attributable to the Partnership’s Royalty Properties during the first quarter totaled approximately $10.8 million. Approximately 81% of these receipts reflect oil sales during December 2020 through February 2021 and gas sales during November 2020 through January 2021, and approximately 19% from prior sales periods. Cash Receipts attributable to the Partnership’s Net Profits Interests during the first quarter totaled approximately $1.8 million. Approximately 72% of these receipts reflect oil sales and gas sales during November 202 ....

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Royalty Companies: 1 Low-Risk Energy Stock to Buy


Royalty Companies: 1 Low-Risk Energy Stock to Buy
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PrairieSky Royalty (TSX:PSX) currently has one of the largest independently owned portfolios of mineral title and oil and gas royalty interests in Canada. The company is focused on encouraging third parties to actively develop royalty properties. PrairieSky strategically seeks additional crude oil and natural gas royalty assets that provide the company with medium-term to long-term value enhancement potential. This includes the acquisition of crown interest lands for purposes of complementing the company’s fee title land base.
Low-risk operations
The company does not directly conduct operations to explore, develop or produce petroleum. Rather, third party development of the royalty properties provides the company with royalty revenues as petroleum, natural gas and associated substances are produced from such properties. The company’s costs are primaril ....

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