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Mentor Capital Inc (PK:MNTR)

Business Focus: Investment Management & Fund Operators

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEC
Company Contact
Address: 5964 CAMPUS COURT
PLANO TX 75093
Tel: N/A
Website: https://www.mentorcapital.com
IR: See website
Key People
Chet Wyatt Billingsley
Chairman of the Board, President, Chief Executive Officer, Principal Financial Officer
Lori J. Stansfield
Treasurer, Director
Robert Bernard Meyer
Secretary, Lead Independent Director
Business Overview
Mentor Capital, Inc. is a public energy company. The Company targets the classic energy sectors of oil and gas, coal, uranium, and their related operations, with already established cash flows, especially through royalty payments. Its classic energy segment includes the fair value of securities investments in oil and gas through Exxon Mobil Corp. (XOM) stock, Occidental Petroleum Corp. (OXY) stock, and Chevron Corp. (CVX) stock, uranium through Cameco Corp. (CCJ) stock, and coal through Arch Resources, Inc. (ARCH) stock. It maintains a diverse and opportunistic acquisition focus. It also invests in its larger pre-initial public offering (IPO)-related acquisitions and fundings. Its subsidiaries include Mentor IP, LLC (MCIP), Mentor Partner I, LLC, (Partner I), Mentor Partner II, LLC (Partner II), and TWG, LLC (TWG).
Financial Overview
For the fiscal year ended 31 December 2023, Mentor Capital Inc revenues decreased from $35K to $0K. Net income before extraordinary items totaled $3.1M vs. loss of $717K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Basic Earnings per Share excluding Extraordinary Items increased from -$0.03 to $0.13.