CKX Lands, Inc. (CKX)
CKX Lands, Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Lake Charles, LA, US. The stock last traded at $10.80, down 0.74% on the session, giving a market capitalisation of $22.2M. On trailing twelve-month figures it carries a trailing P/E of 7.61, a net margin of 419.8%. Its beta of -0.08 implies it has historically moved less than the broad market.
CKX Lands, Inc. is a U.S.-based company primarily focused on owning and managing real estate assets. Its operations are divided into three main divisions: Oil and Gas, Surface, and Timber. The company generates revenue by leasing out its land for various purposes, including mineral extraction (specifically oil and gas), forestry operations (such as growing and felling timber), and diverse surface uses like farming, granting easements, and recreational hunting. CKX Lands possesses a portfolio totaling approximately 13,711 net acres. This acreage is comprised of 10,369 net acres designated for timber, 2,253 net acres utilized for agriculture, 895 net acres of marshland, and an additional 194 net acres situated within urban regions. Initially established as Calcasieu Real Estate & Oil Co., Inc., the company adopted its current name, CKX Lands, Inc., in May 2005. Founded in 1930, CKX Lands, Inc. maintains its corporate headquarters in Lake Charles, Louisiana.
CKX Lands, Inc. is most often compared with the following Energy names: