Dorchester Minerals, L.P. (NASDAQ: DMLP) recently announced the appointment of Mr. A. Troy Sturrock to the board of managers of the general partner of the partnership, following the vacancy created by the passing of C.W. "Bill" Russell. Mr. Sturrock brings with him over 25 years of accounting and financial reporting experience, with a focus on the midstream energy sector for the past two decades. His current role as the group senior vice president, controller, and principal accounting officer of Energy Transfer LP further solidifies his expertise in the industry.
According to the release, Robert C. Vaughn, interim chairman of the board, expressed the partnership's satisfaction with Mr. Sturrock's appointment, emphasizing the valuable perspective and broad energy experience that he will bring to help achieve the partnership's strategic goals.
Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests located in 28 states. The partnership's common units trade on the NASDAQ Global Select Market under the symbol DMLP. Following these announcements, the company's shares moved -0.47%, and are now trading at a price of $23.20. If you want to know more, read the company's complete 8-K report here.
