- CEO
- Phelps C. Wood
- Full Time Employees
- 3
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 1044 Main Street Kansas City MO United States of America 64105
- IPO Date
- May 17, 1994
- Business
- Central Natural Resources, Inc. (CTNR) is an independent energy company focused on the ownership, management, exploration, and production of mineral properties and working interests in oil and gas; it invests in and develops natural resources including natural gas, oil, coal, coalbed methane, minerals, and timber. The company holds producing oil and gas properties in Texas, Louisiana, and the Arkoma Basin; steam and metallurgical coal deposits exceeding 175 million tons in western Arkansas, eastern Oklahoma, northeastern Oklahoma, and southeastern Kansas; coalbed methane exploration and production assets in Sebastian County, Arkansas, and LeFlore County, Oklahoma; and leases real estate properties while maintaining mineral and timber interests across the mid-western and southern United States. Central Natural Resources operates domestically through wholly owned subsidiaries CNR Production, LLC, which conducts oil and gas working interest activities, and CTNR Properties, LLC; it partners with private and public operators for exploration, production, and acquisition of onshore properties targeting energy sector customers such as producers and industrial users. Founded in 1936 and formerly known as Central Coal & Coke Corporation until a name change in December 2000, the company is headquartered at 1044 Main Street, Kansas City, Missouri. Its most recent significant shareholder distribution occurred in 2022 with a $1.00 per share dividend declared on November 16 and paid on December 6 to shareholders of record on November 29; the company maintains a lean operation with three employees and reports ongoing financial activities including positive net income and revenue generation as of the latest trailing twelve months.