CKX LANDS, INC. Logo

CKX LANDS, INC.

Manages Louisiana land and mineral interests for passive income from oil, gas, surface, and timber.

CKX | NYSE

Overview

Corporate Details

ISIN(s):
US12562N1046
LEI:
Country:
United States of America
Address:
2417 SHELL BEACH DRIVE, 70601 LAKE CHARLES
Sector:
Mining and quarrying
Industry:
Mining of non-ferrous metal ores

Description

CKX Lands, Inc. is a land management company that owns land and mineral interests, primarily in Louisiana. The company's business model focuses on generating passive income from its assets rather than direct operational involvement. Its revenue streams are organized into three segments: Oil and Gas (from royalty interests and mineral leases), Surface (from leases for farming, rights-of-way, and other uses), and Timber (from timber sales). Founded in 1930 as Calcasieu Real Estate & Oil Co., Inc., the company was established to hold non-producing mineral royalties. It adopted its current name in 2005 to clarify that it is not directly engaged in oil and gas exploration or production, farming, or timber management activities, which are conducted by third-party lessees and operators.

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Insider Transactions

Date Insider Name Position Type Shares Value
No insider transactions recorded for this company.

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