Amen Properties, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
September 09, 2019
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AMEN Properties, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 642,154 compared to USD 958,985 a year ago. Operating loss was USD 447,438 compared to USD 261,884 a year ago. Net income was USD 58,176 compared to USD 3.021 million a year ago. For the half year, total revenue was USD 1.502 million compared to USD 2.844 million a year ago. Operating loss was USD 789,499 compared to operating Income of USD 30,315 a year ago. Net income was USD 745,617 compared to USD 4.574 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).