Amen Properties, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
September 09, 2020
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AMEN Properties, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 19,548 compared to USD 642,154 a year ago. Operating loss was USD 467,969 compared to USD 447,438 a year ago. Net loss was USD 107,590 compared to net income of USD 58,176 a year ago. For the half year, total revenue was USD 426,421 compared to USD 1.502 million a year ago. Operating loss was USD 800,530 compared to USD 789,499 a year ago. Net loss was USD 1.644 million compared to net income of USD 745,617 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).