CKX Profile
CKX Lands, Inc. specializes in the ownership and management of land across the United States, focusing on a diversified portfolio of assets. The company operates through three primary segments: Oil and Gas, Surface, and Timber. In its Oil and Gas segment, CKX Lands, Inc. leases its properties for mineral exploration and extraction, including oil and gas production. The Surface segment involves leasing land for various uses such as agriculture, right-of-ways, and recreational activities like hunting. Additionally, the Timber segment is dedicated to raising and harvesting timber from its extensive landholdings.
CKX Lands, Inc. holds approximately 13,711 net acres of land, which includes 10,369 net acres dedicated to timber lands, 2,253 net acres for agriculture, and 895 net acres of marsh lands. The company also owns 194 net acres in metropolitan areas, reflecting its strategic diversification across different types of land assets. This diverse portfolio allows CKX Lands, Inc. to generate revenue from multiple sources while maintaining a broad geographic footprint.
Established in 1930 and headquartered in Lake Charles, Louisiana, CKX Lands, Inc. has a long history of land management and resource development. The company's historical roots trace back to its former name, Calcasieu Real Estate & Oil Co., Inc., which it changed to CKX Lands, Inc. in May 2005. This rebranding reflects its evolved focus on managing a varied land portfolio and optimizing the value of its assets.
By strategically leveraging its land assets for oil and gas extraction, timber production, and surface leasing, CKX Lands, Inc. aims to maximize financial returns and ensure sustainable land use. The company's broad asset base and diversified revenue streams position it well to navigate market fluctuations and capitalize on opportunities across different sectors of land management.
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