Dorchester Minerals L.P. (DMLP) vs Permian Basin Royalty (PBT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Permian Basin Royalty (PBT) has outperformed Dorchester Minerals L.P. (DMLP) over the past year, gaining 96.7% versus a gain of 16.5%. Over five years, PBT leads with a +440.2% price change compared with +49.7% for DMLP. Permian Basin Royalty is the larger company by market cap ($1.62 billion vs $1.45 billion), about 1.1 times the size.
On valuation, Dorchester Minerals L.P. trades at a lower trailing P/E (16.8x vs 99.6x for Permian Basin Royalty). Dorchester Minerals L.P. offers the higher dividend yield (10.85% vs 0.79%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DMLP | PBT |
|---|---|---|
| Share price | $29.45 | $34.85 |
| Market cap | $1.45B | $1.62B |
| 1-day change | +1.52% | +3.72% |
| YTD return | +31.71% | +97.88% |
| 1-year return | +16.50% | +96.72% |
| 5-year return | +49.72% | +440.19% |
| P/E ratio (TTM) | 16.83 | 99.57 |
| EPS (TTM) | $1.75 | $0.35 |
| Dividend yield | 10.85% | 0.79% |
| Annual dividend | $3.19 | $0.275 |
| 52-week high | $30.54 | $37.00 |
| 52-week low | $20.85 | $16.25 |
| Distance from 52-week high | -3.57% | -5.81% |
| Average volume | 164.94K | 142.72K |
| Shares outstanding | 49.09M | 46.61M |
| Employees | 26 | — |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PBT has outperformed DMLP by 80.2 percentage points over the past year.
- Permian Basin Royalty trades at a higher earnings multiple (99.6x vs 16.8x trailing P/E).
- Dorchester Minerals L.P. offers a meaningfully higher dividend yield (10.85% vs 0.79%).
About Dorchester Minerals L.P.
DMLP stock →Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States.
Energy · Oil & Gas Production · 26 employees
About Permian Basin Royalty
PBT stock →Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties located in Crane County, Texas, as well as a 95% net overriding royalty interest in the Texas Royalty properties located in 33 counties across Texas.
Energy · Oil & Gas Production
DMLP vs PBT FAQ
Which is bigger, Dorchester Minerals L.P. or Permian Basin Royalty?
Permian Basin Royalty (PBT) is larger, with a market capitalization of $1.62B compared with $1.45B for Dorchester Minerals L.P. (DMLP).
Which stock has performed better over the past year, DMLP or PBT?
PBT returned +96.72% over the past 12 months, compared with +16.50% for DMLP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DMLP or PBT?
DMLP has the lower trailing P/E at 16.8, versus 99.6 for PBT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Dorchester Minerals L.P. or Permian Basin Royalty?
Dorchester Minerals L.P. has the higher yield at 10.85%, compared with 0.79% for Permian Basin Royalty.
Are Dorchester Minerals L.P. and Permian Basin Royalty in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.