Mentor Capital, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
April 01, 2024 at 05:45 pm
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Mentor Capital, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net income was USD 3.16 million compared to net loss of USD 0.471386 million a year ago. Basic earnings per share was USD 0.137 compared to basic loss per share of USD 0.021 a year ago.
Diluted earnings per share was USD 0.122 compared to diluted loss per share of USD 0.021 a year ago.
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).
MENTOR CAPITAL, INC. 
