Carrollton Mineral Partners Acquires 10.1% Stake in Dorchester Minerals
Ticker: DMLP · Form: SC 13D · Filed: Nov 7, 2024 · CIK: 1172358
Sentiment: neutral
Topics: 13d-filing, ownership-stake, oil-and-gas
Related Tickers: DMLP
TL;DR
**Carrollton Mineral Partners now owns 10.1% of Dorchester Minerals (DMLP).**
AI Summary
Carrollton Mineral Partners IV, LP and its group members have filed a Schedule 13D, indicating they collectively beneficially own 10.1% of Dorchester Minerals, L.P. as of November 7, 2024. This filing signifies a significant stake in the company, which operates in the crude petroleum and natural gas sector.
Why It Matters
This filing signals a substantial investment by Carrollton Mineral Partners in Dorchester Minerals, potentially influencing future strategic decisions or indicating a belief in the company's value in the oil and gas sector.
Risk Assessment
Risk Level: medium — A 13D filing indicates a significant stake, which could lead to activist investor behavior or a takeover attempt, introducing uncertainty.
Key Numbers
- 10.1% — Ownership Stake (Beneficial ownership of Dorchester Minerals, L.P. by Carrollton Mineral Partners group.)
Key Players & Entities
- Carrollton Mineral Partners IV, LP (company) — Filing entity
- Dorchester Minerals, L.P. (company) — Subject company
- 10.1% (dollar_amount) — Percentage of ownership
- November 7, 2024 (date) — Filing date
- John R. Howard, Jr. (person) — Group member
FAQ
What is the total number of Dorchester Minerals, L.P. shares beneficially owned by the Carrollton Mineral Partners group?
The filing does not specify the exact number of shares, only the percentage of ownership (10.1%).
What is the primary business of Dorchester Minerals, L.P.?
Dorchester Minerals, L.P. is primarily involved in Crude Petroleum & Natural Gas (SIC code 1311).
When was this Schedule 13D filing submitted?
The filing was submitted on November 7, 2024.
Which entities are listed as group members in this filing?
Group members include Carrollton Land Company, LLC, various Carrollton Mineral Partners entities (LP and GP), CMP Energy entities (LLC and LP), CMP Glasscock, LP, CMP Permian, LP, and John R. Howard, Jr.
What is the business address of Dorchester Minerals, L.P.?
The business address is 3838 Oak Lawn Avenue, Suite 300, Dallas, TX 75219-4541.
Filing Stats: 4,768 words · 19 min read · ~16 pages · Grade level 17.2 · Accepted 2024-11-07 16:15:37
Filing Documents
- tm2427441d1_sc13d.htm (SC 13D) — 467KB
- tm2427441d1_ex2.htm (EX-2) — 32KB
- 0001104659-24-115320.txt ( ) — 501KB
From the Filing
SC 13D 1 tm2427441d1_sc13d.htm SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. _)* Dorchester Minerals, L.P. (Name of Issuer) Common Units Representing Limited Partnership Interest (Title of Class of Securities) 25820R105 (CUSIP Number) John R. Howard, Jr. 5949 Sherry Lane, Suite 1850 Dallas, Texas 75225 Tel: (212) 269-1056 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 30, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note . Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 25820R105 1 NAME OF REPORTING PERSON Carrollton Mineral Partners, LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS, UNITED STATES NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH 7 SOLE VOTING POWER 681,113 8 SHARED VOTING POWER -0- 9 SOLE DISPOSITIVE POWER 681,113 10 SHARED DISPOSITIVE POWER -0- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 681,113 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.44% (1) 14 TYPE OF REPORTING PERSON PN (1) Based on 47,339,756 common units representing limited partnership interests (“Common Units”) of Dorchester Minerals, L.P. (the “Partnership”) outstanding as of October 31, 2024 as reported in the Partnership’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on October 31, 2024. CUSIP No. 25820R105 1 NAME OF REPORTING PERSON Carrollton Mineral Partners Fund II, LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS, UNITED STATES NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH 7 SOLE VOTING POWER 700,913 8 SHARED VOTING POWER -0- 9 SOLE DISPOSITIVE POWER 700,913 10 SHARED DISPOSITIVE POWER -0- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 700,913 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.48% (1) 14 TYPE OF REPORTING PERSON PN (1) Based on 47,339,756 Common Units of the Partnership outstanding as of October 31, 2024 as reported in the Partnership’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, filed with the SEC on October 31, 2024. CUSIP No. 25820R105 1 NAME OF REPORTING PERSON Carrollton Mineral Partners III, LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS, UNITED STATES NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH 7 SOLE VOTING POWER 356,996 8 SHARED VOTING POWER -0- 9 SOLE DISPOSITIVE POWER 356,996 10 SHARED DISPOSITIVE POWER -0- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 356,996 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.75% (1) 14 TYPE OF REPORTING PERSON PN (1) Based on 47,339,756 Common Units of the Partnership outstanding as of October 31, 2024 as reported in the Partnership’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, filed with the SEC on