Mentor Capital, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 12:54 pm
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Mentor Capital, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 1.320 million compared to USD 1.149 million a year ago. Operating loss was USD 164,743 compared to USD 236,723 a year ago. Net loss was USD 146,923 compared to USD 247,770 a year ago. Basic loss per share from continuing operations was USD 0.006 compared to USD 0.011 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. 
