CKX Lands Inc (NYSE American:CKX)

9.20
Delayed Data
As of Dec 10
 0.00 / 0.00%
Today’s Change
7.87
Today|||52-Week Range
11.81
-10.79%
Year-to-Date
SECTOR
Finance
INDUSTRY
Real Estate Development
MARKET CAP
$19.2M

Company Description

CKX Lands, Inc. engages in the business of owning land and mineral interests. It collects income through its ownership in the form of oil and gas royalties, timber sales and surface leases for farming, right of way, and other uses. It operates through the following business segments: Oil & Gas, Timber, and Surface. The Oil & Gas income fluctuates as new oil and gas production is discovered on Company land and then ultimately depletes or becomes commercially uneconomical to produce. The Timber is derived from sales of timber on Company lands. The timber income will fluctuate depending on ability to secure stumpage agreements in the regional markets, timber stand age, and/or stumpage commodity prices. Timber is a renewable resource that the Company actively manages. The Surface income is earned from various recurring and non-recurring sources. Recurring surface income is earned from lease arrangements for farming, recreational and commercial uses. Non-recurring surface income can include such activities as pipeline right of ways, and temporary worksite rentals. The company was founded in 1930 and is headquartered in Lake Charles, LA.

Contact Information

CKX Lands, Inc.
One Lakeside Plaza
Lake Charles Louisiana 70601
P:(337) 493-2399
Investor Relations:

Employees

Shareholders

Other institutional7.69%
Individual stakeholders38.48%
Mutual fund holders1.33%

Top Executives

There are no executives to display.