CKX Lands, Inc. Files 2024 10-K
Ticker: CKX · Form: 10-K · Filed: 2025-03-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, oil-and-gas, annual-report
TL;DR
CKX Lands filed its 2024 10-K. Oil & Gas biz. Louisiana based.
AI Summary
CKX Lands, Inc. filed its 2024 10-K on March 25, 2025, reporting on its fiscal year ending December 31, 2024. The company, primarily involved in crude petroleum and natural gas, is incorporated in Louisiana and headquartered in Lake Charles. The filing details its financial performance and business operations, including information on share-based compensation arrangements like Phantom Share Units and Restricted Stock Units.
Why It Matters
This filing provides investors with a comprehensive overview of CKX Lands, Inc.'s financial health and operational activities for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant positive news that would alter the risk profile.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
- 2025-03-25 — Filing Date (Date the 10-K was submitted to the SEC)
Key Players & Entities
- CKX LANDS, INC. (company) — Filer
- 2024-12-31 (date) — Fiscal Year End
- 2025-03-25 (date) — Filing Date
- Lake Charles, LA (location) — Company Headquarters
- CRUDE PETROLEUM & NATURAL GAS (industry) — Standard Industrial Classification
FAQ
What were the total revenues for CKX Lands, Inc. in fiscal year 2024?
The provided text does not contain specific revenue figures for fiscal year 2024.
What is the primary business of CKX Lands, Inc. according to the SIC code?
The Standard Industrial Classification code indicates the company is in 'CRUDE PETROLEUM & NATURAL GAS'.
Where is CKX Lands, Inc. headquartered?
CKX Lands, Inc. is headquartered at 2417 Shell Beach Drive, Lake Charles, LA 70601.
What types of share-based compensation are mentioned in the filing?
The filing mentions Phantom Share Units (PSUs) and Restricted Stock Units (RSUs) as share-based compensation arrangements.
When was CKX Lands, Inc. formerly known as CALCASIEU REAL ESTATE & OIL CO INC?
The company changed its name from CALCASIEU REAL ESTATE & OIL CO INC on 19920703.
From the Filing
0001437749-25-009075.txt : 20250325 0001437749-25-009075.hdr.sgml : 20250325 20250325123435 ACCESSION NUMBER: 0001437749-25-009075 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 64 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250325 DATE AS OF CHANGE: 20250325 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CKX LANDS, INC. CENTRAL INDEX KEY: 0000352955 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation EIN: 720144530 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31905 FILM NUMBER: 25766723 BUSINESS ADDRESS: STREET 1: 2417 SHELL BEACH DRIVE CITY: LAKE CHARLES STATE: LA ZIP: 70601 BUSINESS PHONE: (337) 493-2399 MAIL ADDRESS: STREET 1: 2417 SHELL BEACH DRIVE CITY: LAKE CHARLES STATE: LA ZIP: 70601 FORMER COMPANY: FORMER CONFORMED NAME: CKX Lands Inc DATE OF NAME CHANGE: 20050801 FORMER COMPANY: FORMER CONFORMED NAME: CALCASIEU REAL ESTATE & OIL CO INC DATE OF NAME CHANGE: 19920703 10-K 1 ckx20241231_10k.htm FORM 10-K ckx20241231_10k.htm FY 2024 --12-31 false 0000352955 223,626 3 0 0 3 0 0 0 0 0 0 0 0 0 0 0 false false false false true true true true true true 0000352955 2024-01-01 2024-12-31 thunderdome:item iso4217:USD 0000352955 us-gaap:PhantomShareUnitsPSUsMember 2023-01-01 2023-12-31 0000352955 us-gaap:RestrictedStockUnitsRSUMember 2023-01-01 2023-12-31 0000352955 us-gaap:PhantomShareUnitsPSUsMember 2024-01-01 2024-12-31 0000352955 us-gaap:RestrictedStockUnitsRSUMember 2024-01-01 2024-12-31 xbrli:shares 0000352955 2024-12-31 0000352955 us-gaap:PerformanceSharesMember 2024-07-15 2024-07-15 0000352955 us-gaap:PerformanceSharesMember 2024-02-12 2024-02-12 0000352955 us-gaap:ShareBasedPaymentArrangementEmployeeMember 2024-01-01 2024-12-31 0000352955 us-gaap:PerformanceSharesMember 2023-01-01 2023-12-31 utr:Y 0000352955 ckx:SurfaceLeasesRelatedPartiesMember 2023-01-01 2023-12-31 0000352955 ckx:SurfaceLeasesRelatedPartiesMember 2024-01-01 2024-12-31 0000352955 ckx:ExclusiveRightToEvaluateAndMarketLandsForBeneficialPurposesToCompensateForImpactMember ckx:StreamWetlandsServicesMember 2017-04-17 2017-04-17 0000352955 ckx:ExclusiveRightToEvaluateAndMarketLandsForBeneficialPurposesToCompensateForImpactMember ckx:StreamWetlandsServicesMember 2022-02-28 2022-02-28 0000352955 2023-12-31 0000352955 ckx:DeferredGainMember 2023-12-31 0000352955 ckx:DeferredGainMember 2024-12-31 0000352955 ckx:CasualtyLossMember 2023-12-31 0000352955 ckx:CasualtyLossMember 2024-12-31 0000352955 ckx:StockbasedCompensationMember 2023-12-31 0000352955 ckx:StockbasedCompensationMember 2024-12-31 0000352955 ckx:PercentageDepletionCarryoverMember 2023-12-31 0000352955 ckx:PercentageDepletionCarryoverMember 2024-12-31 0000352955 ckx:NetOperatingLossCarryoverMember 2023-12-31 0000352955 ckx:NetOperatingLossCarryoverMember 2024-12-31 0000352955 2023-01-01 2023-12-31 xbrli:pure 0000352955 ckx:MajorCustomers5Member 2023-01-01 2023-12-31 0000352955 ckx:MajorCustomers5Member 2024-01-01 2024-12-31 0000352955 ckx:MajorCustomers4Member 2023-01-01 2023-12-31 0000352955 ckx:MajorCustomers4Member 2024-01-01 2024-12-31 0000352955 ckx:MajorCustomers3Member 2023-01-01 2023-12-31 0000352955 ckx:MajorCustomers3Member 2024-01-01 2024-12-31 0000352955 ckx:MajorCustomers2Member 2023-01-01 2023-12-31 0000352955 ckx:MajorCustomers2Member 2024-01-01 2024-12-31 0000352955 ckx:MajorCustomers1Member 2023-01-01 2023-12-31 0000352955 ckx:MajorCustomers1Member 2024-01-01 2024-12-31 0000352955 us-gaap:IntersegmentEliminationMember 2023-01-01 2023-12-31 0000352955 us-gaap:IntersegmentEliminationMember 2024-01-01 2024-12-31 0000352955 us-gaap:OperatingSegmentsMember 2023-01-01 2023-12-31 0000352955 us-gaap:OperatingSegmentsMember 2024-01-01 2024-12-31 0000352955 us-gaap:OperatingSegmentsMember ckx:SurfaceSegmentMember 2023-01-01 2023-12-31 0000352955 us-gaap:OperatingSegmentsMember ckx:TimberSegmentMember 2023-01-01 2023-12-31 0000352955 us-ga