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NEWS RELEASE Release Date : Contact : November 4 , 2021 Martye Miller Exhibit 99.1 Dorchester Minerals , L.P. 3838 Oak Lawn Ave. , Suite 300 Dallas , Texas 75219-4541 ( 214 ) 559-0300 Dorchester Minerals , L.P. Announces Third Quarter Results DALLAS , TEXAS -- Dorchester Minerals , L.P. ( the " Partnership ” ) ( NASDAQ - DMLP ) , announced today the Partnership's net income for the quarter ended September 30 , 2021 of $ 18,031,000 , or $ 0.49 per common unit . A comparison of the Partnership's consolidated results for the quarters ended September 30 , 2021 and 2020 are set forth below : Three Months Ended Nine Months Ended Operating Revenues Net Income Net Income Per Common Unit September 30 , 2021 2020 September 30 , 2021 2020 $ 23,969,000 $ 12,545,000 $ 63,119,000 $ 34,816,000 $ 18,031,000 $ $ 5,619,000 $ 46,341,000 $ 15,572,000 0.49 $ 0.16 $ 1.28 $ 0.43 The Partnership previously declared its third quarter distribution in the amount of $ 0.507608 per common unit payable on November 10 , 2021 to common unit holders of record as of November 1 , 2021. The Partnership's cash distributions are not comparable to its net earnings due to timing and other differences including depletion . Dorchester Minerals , L.P. is a Dallas based owner of producing and non - producing oil and natural gas mineral , royalty , overriding royalty , net profits , and leasehold interests located in 26 states . Its common units trade on the NASDAQ Global Select Market under the symbol DMLP . FORWARD - LOOKING STATEMENTS Portions of this document may constitute " forward - looking statements " as defined by federal law . Such statements are subject to certain risks , uncertainties and assumptions . Should one or more of these risks or uncertainties materialize , or should underlying assumptions prove incorrect , actual results may vary materially from those anticipated , estimated or projected . Examples of such uncertainties and risk factors include , but are not limited to , changes in the price or demand for oil and natural gas , changes in the operations on or development of the Partnership's properties , changes in economic and industry conditions and changes in regulatory requirements ( including changes in environmental requirements ) and the Partnership's financial position , business strategy and other plans and objectives for future operations . These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission .