X
<

These MLPs Have the Highest Earnings Margins

PART:
1 2 3 4 5 6 7 8 9 10 11
Part 4
These MLPs Have the Highest Earnings Margins PART 4 OF 11

Where DMLP’s Earnings Margin Stands among Top MLPs

TTM EBITDA margin

Dorchester Minerals (DMLP), a mineral interest MLP (master limited partnership), has the third-best EBITDA (earnings before interest, tax, depreciation, and amortization) margin among all MLPs today.

DMLP posted a TTM (trailing-12-month) EBITDA margin of 81.3% in 3Q17. Similar to Viper Energy Partners (VNOM), DMLP benefits from no drilling and production expenses, which have driven its EBITDA margin higher.

Where DMLP&#8217;s Earnings Margin Stands among Top MLPs

Interested in DMLP? Don't miss the next report.

Receive e-mail alerts for new research on DMLP

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Dorchester Minerals’ strong EBITDA margins have driven its net income margins, resulting in strong distribution growth. DMLP reported a net income margin of 57.8% in the third quarter of 2017. At the same time, it posted a YoY distribution growth of 12.9%.

Analyst recommendations

As of December 5, Dorchester Minerals has no coverage from Wall Street analysts, likely because the partnership is so small. The partnership reported revenues of $12.5 million in the third quarter of 2017.

In the next part of this series, we’ll look into the EBITDA margin for EQT Midstream Partners (EQM).

X

Please select a profession that best describes you: