Mentor Capital, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 06:39 am EDT
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Mentor Capital, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1.372 million compared to USD 1.158 million a year ago. Operating loss was USD 307,290 compared to USD 204,875 a year ago. Net loss was USD 216,620 compared to USD 184,185 a year ago. Basic loss per share from continuing operations was USD 0.009 compared to USD 0.008 a year ago. For the half year, total revenue was USD 2.693 million compared to USD 2.308 million a year ago. Operating loss was USD 472,035 compared to USD 441,599 a year ago. Net loss was USD 363,543 compared to USD 431,955 a year ago. Basic loss per share from continuing operations was USD 0.016 compared to USD 0.019 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. 