Symbols

CKX

CKX Lands·AMEX

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CKX Profile

Ckx Lands, Inc.

A company owns and manages land that produce oil and gas royalties, timber sales and agriculture rentals

Industry

Real estate management and development

Established Date

Listing Date

12/08/2003

Exchange

American Stock Exchange

Full-time Employees

Fiscal Year Ends

12-31

Website

www.ckxlands.com

Security Type

Common stock

Office address

2417 Shell Beach Drive, Lake Charles, LA 70601

Business

Introduction

CKX Lands, Inc., began operations in 1930 as Calcasieu Real Estate & Oil Co., Inc. The company was originally spun off from a bank operating in southwestern Louisiana. The purpose of the spin-off is to form an entity to hold non-produced minerals that regulators require banks to write off. Over the years, as some of the mineral interests began to produce, the company used part of the proceeds to acquire land. Today, the company generates revenue from royalties on minerals, timber sales and land surface fees. The company generates revenue from royalty interests and mineral leases related to oil and gas production, timber sales, land sales and surface rents.