CKX LANDS, INC.
Business
CKX Lands, Inc. is a passive mineral and land-rights owner in Louisiana that derives income from oil and gas royalties, timber sales, and surface leases on its landholdings. The company leases property to third-party oil and gas operators and actively manages timber resources and land acquisitions. Revenue streams include mineral royalties from 20 producing oil and gas fields, timber stumpage sales, and recurring and non-recurring surface-lease payments for farming, hunting, pipeline rights-of-way, and commercial uses.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue | 838,543 | 2 | 1 | 1 | 744,545 | |
| General and administrative expense | 687,441 | 1 | 1 | 3 | 651,574 | |
| Depreciation expense | 3,109 | 4,261 | 4,261 | 5,039 | 2,027 | |
| Gain on sale of land | −4 | −85,636 | −149,992 | −18,972 | — | |
| Total costs, expenses and (gains) | −3 | 1 | 1 | 3 | −318,765 | |
| Income from operations | 4 | 116,992 | 121,824 | −2 | 1 | |
| Interest income | 335,539 | 206,949 | 160,303 | 35,340 | 15,625 | |
| Miscellaneous income | 66 | 13,783 | 74 | 1,769 | 4,384 | |
| Income before income taxes | 4 | 337,724 | 282,201 | −2 | 1 | |
| Current | 625,098 | −9,877 | 110,169 | 0 | 263,970 | |
| Deferred | 341,698 | 97,377 | 29,071 | −487,713 | 0 | |
| Total income taxes | 966,796 | 87,500 | 139,240 | −487,713 | 263,970 | |
| Net income | 3 | 250,224 | 142,961 | −1 | 819,349 | |
| Basic (in dollars per share) | 1.47 | 0.12 | 0.07 | −0.67 | 0.42 | |
| Diluted (in dollars per share) | 1.47 | 0.12 | 0.07 | −0.67 | — | |
| Basic (in shares) | 2 | 2 | 2 | 2 | 2 | |
| Diluted (in shares) | 2 | 2 | 2 | 2 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Accrued accounts receivable | 41,705 | 78,119 | 104,741 | 126,423 | 50,739 | |
| Prepaid expense and other assets | 11,242 | 171,202 | 212,279 | 28,695 | 35,405 | |
| Total current assets | 18 | 10 | 9 | 8 | 8 | |
| Property and equipment, net | 4 | 9 | 9 | 9 | 9 | |
| Deferred tax asset | 0 | 231,744 | 329,121 | 300,050 | 0 | |
| Total assets | 22 | 19 | 19 | 18 | 17 | |
| Trade payables and accrued expenses | 87,985 | 52,420 | 159,159 | 37,626 | 111,123 | |
| Income tax payable | 469,048 | 0 | 151,404 | 0 | — | |
| Unearned revenue | 173,369 | 211,763 | 184,785 | 229,550 | 150,113 | |
| Total current liabilities | 730,402 | 264,183 | 495,348 | 267,176 | 261,236 | |
| Deferred tax liability | 109,954 | 0 | — | 0 | 187,664 | |
| Total liabilities | 840,356 | 264,183 | 495,348 | 267,176 | 448,900 | |
| Common stock, 3,000,000 shares authorized, no par value, 2,102,595 and 2,053,129 shares issued and outstanding, respectively, as of December 31, 2025, and 2,066,044 and 2,027,032 shares issued and outstanding, respectively, as of December 31, 2024 | 59,335 | 59,335 | 59,335 | 59,335 | 59,335 | |
| Additional paid in capital | 3 | 3 | 3 | 2 | 0 | |
| Treasury stock, 49,466 and 39,012 shares, at cost, respectively, as of December 31, 2025 and 2024 | −620,216 | −472,602 | 263,748 | −176,592 | — | |
| Retained earnings | 19 | 16 | 15 | 15 | 17 | |
| Total stockholders' equity | 21 | 19 | 18 | 17 | 17 | |
| Total liabilities and stockholders' equity | 22 | 19 | 19 | 18 | 17 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depletion expense | 126 | 91 | 685 | 883 | 563 | |
| Deferred income taxes | 341,698 | 97,377 | −29,071 | −300,050 | 0 | |
| Gain on sale of land | −4 | −85,636 | −149,992 | −18,972 | −1 | |
| Share-based compensation | 0 | 223,626 | 841,839 | 2 | 0 | |
| (Increase) decrease in current assets | 196,374 | −54,017 | −161,902 | −73,577 | 21,082 | |
| Increase (decrease) in current liabilities | 466,219 | −231,165 | 228,172 | −181,724 | −80,959 | |
| Net cash provided by operating activities | 459,630 | 204,761 | 876,953 | 413,691 | −263,673 | |
| Proceeds from the sale of fixed assets | 8 | 140,582 | 149,992 | 18,972 | 1 | |
| Net cash provided by (used in) investing activities | 14 | −4 | −391,315 | −498,765 | 1 | |
| Repurchases of common stock | −147,614 | −208,854 | −87,156 | −176,592 | 0 | |
| Net cash used in financing activities | −147,614 | −208,854 | −87,156 | −176,592 | 0 | |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | 15 | −4 | 398,482 | −261,666 | 946,618 | |
| Cash paid for interest | 0 | 0 | 0 | 0 | 0 | |
| Cash paid for income taxes | 0 | 263,739 | 0 | 0 | 289,423 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is CKX LANDS, INC.'s CIK number?
CKX LANDS, INC.'s SEC CIK number is 0000352955 (352955). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CKX LANDS, INC.'s SEC filings?
All of CKX LANDS, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.