Amen Properties, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 25, 2019
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AMEN Properties, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 530,449 compared to USD 573,555 a year ago. Operating loss was USD 510,837 compared to USD 192,353 a year ago. Net loss was USD 436,373 compared to net income of USD 195,038 a year ago. For the nine months, total revenue was USD 2.032 million compared to USD 3.417 million a year ago. Operating loss was USD 1.300 million compared to USD 162,038 a year ago. Net income was USD 309,244 compared to USD 4.769 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).