Amen Properties reported financial results for first quarter ended March 31, 2017. For the quarter, the company noted revenue of $813,000 and net income of $492,000 or $9.26 per diluted share. These results compare to revenue of $322,000 and net loss of $894,000 or $16.82 per diluted share, for the same quarter last year. The increases in revenue and profitability were driven by rising commodity prices for oil and gas and significant losses recognized in 2016 from the sale of marketable securities.