While it used to be one of the largest producers, since being owned by Gina Rinehart's Hancock Prospecting since December 2016, it has been selling off its properties.
[4] When two Chinese companies, Genius Link Asset Management and Shanghai Pengxin, were interested in acquiring the company in November 2015, the sale was blocked by the Treasurer of Australia, Scott Morrison, who cited the national interest clause in the Foreign Investment Act.
[5] In December 2016, a Hancock Prospecting (67%) / Shanghai CRED (33%) joint venture purchased the company.
[6][7] In April 2023, S. Kidman & Co sold four of its cattle stations, which cover 2,400,000 ha (5,900,000 acres).
[9][10] As of 11 April 2023[update], the company held four pastoral leases: Helen Springs in the Northern Territory, and Morney Plains, Rockybank, and Durham Downs in Queensland.