Amen Properties Reports Results for First Quarter of 2016 and Announces Dividend
BusinessWire - Mon Jun 13, 9:00AM CDT
Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended March 31, 2016. The Company posted quarterly revenue of $322 thousand and net income of $(894) thousand, or $(16.82) per diluted share. These results compare to revenue of $433 thousand and net income of $1.4 million, or $27.25 per diluted share, for the same quarter last year. The decrease in revenue and profitability was driven by reductions in commodity prices for oil and gas, gains recognized in the prior period related to the sales of leasehold interests, and losses recognized in the current period in connection with the sale of marketable securities.
Amen Properties Reports Results for Fourth Quarter of 2015 and Announces Dividend
BusinessWire - Mon Mar 21, 9:14AM CDT
Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended December 31, 2015. The Company posted quarterly revenue of $541 thousand and net income of $(137) thousand, or $(2.58) per diluted share. These results compare to revenue of $602 thousand and net income of $3.1 million, or $60.02 per diluted share, for the same quarter last year. The decrease in revenue and profitability was driven by reductions in commodity prices for oil and gas as well as gains recognized in the prior period related to the sales of leasehold interests and real estate.
Amen Properties Reports Results for Second Quarter of 2015 and Announces Dividend
BusinessWire - Fri Sep 11, 10:16AM CDT
Amen Properties, Inc. (OTC Pink: AMEN) today announced financial results for its fiscal quarter ended June 30, 2015. The Company posted quarterly revenue of $379 thousand and a net loss of $(114) thousand, or $(2.03) per diluted share. These results compare to revenue of $821 thousand and net income of $491 thousand, or $9.56 per diluted share, for the same quarter last year. The decrease in revenue and profitability was driven by reductions in commodity prices for oil and gas.
Amen Properties Announces Purchase of 100% of SFF Production, LLC
BusinessWire - Tue Jan 06, 4:11PM CST
Amen Properties, Inc. (OTC Pink: AMEN) today announced that on December 31, 2014 it completed the purchase of all minority interests in SFF Production, LLC. Amen now owns 100% of SFF Production, the entity that holds title to the working interests purchased from Santa Fe Energy Trust and Devon Energy Production Company back in 2007.
Amen Properties Announces Sale of Midland Real Estate
BusinessWire - Mon Nov 24, 11:02AM CST
Amen Properties, Inc. (OTC Pink: AMEN) today announced that it has completed the sale of certain commercial real estate in Midland, Texas. After retiring the outstanding debt associated with the properties, Amen received net proceeds totaling approximately $3.6 million.