Amen Properties, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
March 18, 2019
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AMEN Properties, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced total revenue was USD 1.189 million compared to USD 610,950 a year ago. Operating loss was USD 127,657 compared to USD 339,413 a year ago. Net income was USD 350,578 compared to USD 1.231 million a year ago. For the full year, total revenue was USD 4.607 million compared to USD 2.683 million a year ago. Operating loss was USD 289,695 compared to USD 638,349 a year ago. Net income was USD 5.119 million compared to USD 2.414 million a year ago.
AMEN Properties, Inc. owns a portfolio of properties, including real estate and oil and gas interests. The Company has investments in real estate and SFF Royalty, LLC. The Company also holds an interest in SFF Production, LLC. The Company owns oil and gas royalty and working interests in various states. The Company also holds interest in NEMA Properties LLC (NEMA), AMEN Delaware LP (Delaware) and AMEN Minerals LP (Minerals).