DMLPDorchester Minerals, L.P.

$1B

FY 2008 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$90M+37.6% YoY

Gross Profit

$85M94.7% margin

Operating Income

$66M73.9% margin

Net Income

$67M74.3% margin

EPS (Diluted)

$2.30

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$83M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$140M

Total Liabilities

$980,000

Stockholders' Equity

$139M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$90M	$65M	+37.6%
Gross Profit	$85M	$61M	+38.5%
Operating Income	$66M	$42M	+56.9%
Net Income	$67M	$43M	+55.1%

DMLP FY 2008 Earnings — Dorchester Minerals, L.P. Revenue & Financial Results | Market Cap Arena