Dorchester Minerals, L.p. (DMLP) Files Form 4 Insider Buying : Minerals Operating Dorchester Buys 8,068 Shares

Dorchester Minerals, L.p. (DMLP): Minerals Operating Dorchester , other of Dorchester Minerals, L.p. purchased 8,068 shares on Sep 21, 2016. The Insider buying transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.66 per share for a total value of $125,949.00 , 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 7,000 shares at $15.17 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.

Shares of Dorchester Minerals LP (DMLP) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -0.65% at $15.29 with 30,048 shares getting traded. Post opening the session at $15.39, the shares hit an intraday low of $15.26 and an intraday high of $16.175 and the price vacillated in this range throughout the day. The company has a market cap of $469 M and the number of outstanding shares has been calculated to be 3,06,75,431 shares. The 52-week high of Dorchester Minerals LP is $17.69 and the 52-week low is $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.

Leave a Reply

Dorchester Minerals LP - Is it time to Sell?

Top Brokerage Firms are advising their investors on Dorchester Minerals LP. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.