CKX Lands
CKX

$13.10

0.61%

Market Cap: 26.6M

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

Energy Crude Petroleum & Natural Gas

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% less capital invested

Capital invested by funds: $2.31M [Q4 2023] → $2.3M (-$7.04K) [Q1 2024]

5% less funds holding

Funds holding: 19 [Q4 2023] → 18 (-1) [Q1 2024]

7.32% less ownership

Funds ownership: 16.36% [Q4 2023] → 9.04% (-7.32%) [Q1 2024]

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

83% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for CKX.

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Financial journalist opinion

CKX Lands, Inc. Has A Lot Of Assets Waiting To Be Sold Off

CKX Lands, Inc. is a buy based strictly on asset valuation. CKX's management has inquired through financial advisors, better ways to maximize value to their shareholders and seems poised to sell most of if not all of the land they own. William Gray Stream has his hands in other projects including a massive carbon sequestration project and his time would be better spent there than on a small company like CKX.

CKX Lands, Inc. Has A Lot Of Assets Waiting To Be Sold Off

CKX Lands: Expecting A Positive Outcome

CKX Lands may be sold following a strategic review, as management focuses on Gulf Coast Sequestration's carbon capture project. CKX's land holdings and cash on the balance sheet suggest a potential value above $15 per share, higher than the current share price. There is evidence that CKX has exposure to the GCS project, but the value of this exposure is uncertain without further disclosure.

CKX Lands: Expecting A Positive Outcome

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