DMLP Stock Slips Near Highs as Oil Prices Drop — What Dorchester Minerals Investors Need to Watch Now
Dorchester Minerals L.P. units fell in Wednesday morning trading, easing with other oil-linked income names as crude prices dropped more than 2% despite continuing concern over tight supply. DMLP was down 25 cents at $28.55 on Nasdaq, a decline of about 0.9%, with volume of roughly 43,500 units. The stock traded between $28.55 and $28.90 in the session, giving the Dallas-based partnership a market value of about $1.38 billion.