Amen Properties, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
December 09, 2020 at 03:14 am IST
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AMEN Properties, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 301,464 compared to USD 530,449 a year ago. Operating loss was USD 310,502 compared to USD 510,837 a year ago. Net income was USD 98,301 compared to net loss of USD 436,373 a year ago. For the nine months, total revenue was USD 727,885 compared to USD 2.032 million a year ago. Operating loss was USD 1.111 million compared to USD 1.300 million a year ago. Net loss was USD 1.546 million compared to net income of USD 309,244 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).