CKX LandsCKX
Market Cap: $27.5M
About: CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber. CKX has small royalty interests in approximately 20 different producing oil and gas fields.
Employees: 2
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
6% more funds holding
Funds holding: 18 [Q1] → 19 (+1) [Q2]
5% more capital invested
Capital invested by funds: $2.35M [Q1] → $2.47M (+$118K) [Q2]
0.21% less ownership
Funds ownership: 9.2% [Q1] → 9.0% (-0.21%) [Q2]
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Research analyst outlook
We haven’t received any recent analyst ratings for CKX.