CKX Lands (CKX) Stock Price

CKX Lands Inc, trading under the ticker CKX, is a real estate company based in Lake Charles, Louisiana. The company was founded through an IPO on October 27, 1993, and operates primarily in the real estate sector. CKX Lands focuses on owning and managing land and mineral interests, with its operations divided into three main segments: oil and gas, surface, and timber. In the oil and gas segment, the company leases designated tracts of land to customers for exploration, extraction, and production of oil and gas, receiving royalties on all production. The surface segment involves leasing properties for agricultural use, hunting, right of way, and temporary workspaces. The timber segment operates under a pay-as-cut model, where customers pay for the harvesting of specified timber on designated tracts at agreed unit prices. The company's website is www.ckxlands.com. CKX Lands Inc does not engage in the development or construction of properties but rather focuses on the leasing and management of its land and mineral assets. Its primary revenue streams are derived from royalties on oil and gas production, annual lease payments for surface uses, and payments for timber harvesting. The company serves as a landowner and resource manager, facilitating access to its properties for various commercial activities without direct involvement in the extraction or harvesting processes.