Dorchester Minerals, L.p. (DMLP) Files Form 4 Insider Buying : Minerals Operating Dorchester Buys 7,000 Shares

Dorchester Minerals, L.p. (DMLP): Minerals Operating Dorchester , other of Dorchester Minerals, L.p. purchased 7,000 shares on Sep 19, 2016. The Insider buying transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.17 per share for a total value of $106,350.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 21, 2016, Minerals Operating Dorchester (other) purchased 500 shares at $15.27 per share price.On Sep 6, 2016, H C Jr Allen (director) purchased 3,500 shares at $14.98 per share price.Also, On Aug 25, 2016, Bradley J Ehrman (COO) purchased 2,015 shares at $15.70 per share price.On Aug 12, 2015, Robert C Vaughn (director) purchased 2,278 shares at $14.90 per share price.

Dorchester Minerals LP: On Tuesday, Sep 21, 2016 heightened volatility was witnessed in Dorchester Minerals LP which led to swings in the share price. The shares opened for trading at $14.92 and hit $15.3 on the upside , eventually ending the session at $15.01, with a gain of 0.20% or 0.03 points. The heightened volatility saw the trading volume jump to 13,913 shares. The 52-week high of the share price is $17.69 and the company has a market cap of $460 M . The 52-week low of the share price is at $8.57.

Dorchester Minerals LP Money Flow Index Chart

Dorchester Minerals L.P. is engaged in the acquisition ownership and administration of Royalty Properties and Net Profits Interests (NPIs). The Royalty Properties consist of producing and non-producing mineral royalty overriding royalty net profits and leasehold interests located in approximately 574 counties and parishes in 25 states. The NPIs represent net profits overriding royalty interests in various properties owned by the Company. Wells with such overlapping interests are counted in both categories. It owns NPIs in 12 states and 65 counties/parishes covering 144000 gross acres and 81000 net acres. . In some wells the Company owns both a royalty interest and a net profits interest. The Company owns varying undivided perpetual mineral interests in approximately 70000/9000 gross/net acres located in Burke Divide Dunn McKenzie Mountrail and Williams Counties North Dakota of Horizontal Bakken Williston Basin.

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