CKX Research | Milton Maxwell

CKX

CKX Lands, Inc.

9.67

+0.08+0.83%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

19.85M

P/E (TTM)

42.04

Basic EPS (TTM)

0.23

Dividend Yield

Recent Filings

8-K

Two directors retire

3/6/26Mar 6, 2026

CKX Lands directors Keith Duplechin and Daniel J. Englander announced retirement from the board on March 5, 2026, opting not to stand for re-election at the 2026 annual meeting. They'll serve until terms expire then. No disagreements with company operations. Smooth transition ahead.

8-K

CKX sells 6,548 acres

11/20/25Nov 20, 2025

CKX Lands completed the sale of approximately 6,548 acres of Louisiana land across eight parishes to Southern Pine Plantations on November 18, 2025, for $8,618,021.70 in cash. Deal closed after multiple amendments excluded certain tracts at $1,316.05 per acre. Cash bolsters balance sheet.

10-Q

Q3 FY2025 results

11/10/25Nov 10, 2025

CKX Lands swung to Q3 operating income of $113K from a $17K loss y/y, fueled by timber sales jumping to $95K (402% y/y) while oil/gas dipped 36% to $47K; total revenue climbed 36% y/y to $233K. YTD revenue fell 46% to $717K from prior surface right-of-way surge, yet net income doubled to $443K with EPS at $0.22, matching 2.04M diluted shares. Cash swelled to $7.9M, operating cash flow hit $336K; no debt. Assets held for sale at $4.5M signal pending $9.2M Louisiana land deal closing Q4. Balance sheet shines debt-free. Timber harvest varies.

8-K

CKX sells 7,014 acres for $9.2M

8/15/25Aug 15, 2025

CKX Lands inked a deal on August 14, 2025, to sell 7,014 acres of Louisiana timberland to Southern Pine Plantations for $9.2 million in cash, including all timber, mineral, and water rights. The board greenlit the transaction as fair and in shareholders' best interests, with closing targeted within 75 days after due diligence and title checks. This divestiture streamlines CKX's holdings. Yet title defects could trim the price.

10-Q

Q2 FY2025 results

8/8/25Aug 8, 2025

CKX Lands posted Q2 revenue of $135.9K, down 86.8% y/y from $1.0M, as surface income plunged 90.9% y/y to $78.4K amid lower right-of-way deals, while oil and gas dipped 64.3% y/y to $57.5K. Yet YTD revenue held up better at $484.1K, off 58.6% y/y but buoyed by 33.8% y/y oil and gas growth to $326.0K from higher production volumes. Operating income swung to $159.7K from $646.1K y/y, thanks to a $189.2K land sale gain and 70.1% y/y drop in G&A to $150.8K, driving net income of $161.0K or $0.08 per diluted share—matching basic with no dilutive securities. Cash swelled to $7.5M, no debt, and free cash flow not disclosed in the 10-Q. Land sales advanced steadily. Volatility in commodity prices persists.

About

CKX Lands, Inc. engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. It leases its properties for minerals, such as oil and gas; raises and harvests timber; and uses surface comprising agriculture, right of ways, and hunting. The company was formerly known as Calcasieu Real Estate & Oil Co. Inc. and changed its name to CKX Lands, Inc. in May 2005. CKX Lands, Inc. was incorporated in 1930 and is based in Lake Charles, Louisiana.

CEO

Mr. William Gray Stream

IPO

7/13/1999

Website

https://www.ckxlands.com

Employees

Sector

Energy

Industry

Oil & Gas E&P