Articles from Amen Properties, Inc.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended March 31, 2025. The Company posted revenue of $728 thousand and net income of $240 thousand. These results compare to revenue of $1.3 million and net income of $702 thousand for the same quarter in 2024. The decline in revenue was driven primarily by changes in commodity prices and demand.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal year ended December 31, 2024. The Company posted revenue of $4.1 million and net income of $2.1 million. These results compare to revenue of $3.7 million and net income of $2.0 million for 2023. The Company's higher revenue and profitability in 2024 were mainly due to increased commodity prices.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for the third quarter of 2024. The Company posted revenue of $857 thousand and net income of $626 thousand. These results compare to revenue of $932 thousand and net income of $495 thousand for same period in 2023.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for the second quarter of 2024. The Company posted revenue of $1.3 million and net income of $574 thousand. These results compare to revenue of $1.2 million and net income of $637 thousand for the same period in 2023.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for the first quarter of 2024. The Company posted revenue of $1.3 million and net income of $702 thousand. These results compare to revenue of $495 thousand and net income of $510 thousand for same period in 2023. The Company’s improvement in revenue and profitability resulted primarily from increased commodity prices.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal year ended December 31, 2023. The Company posted revenue of $3.7 million and net income of $2.0 million. These results compare to revenue of $4.1 million and net income of $3.4 million for 2022. The Company’s decline in revenue and profitability resulted primarily from a decrease in commodity prices.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended September 30, 2023. The Company posted revenue of $932 thousand and net income of $495 thousand for the quarter. These results compare to revenue of $1.2 million and net income of $1.1 million for the same quarter in 2022. The Company’s decline in profitability versus 2022 resulted from declines in commodity prices.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended June 30, 2023. The Company posted revenue of $1.2 million and net income of $637 thousand for the quarter. These results compare to revenue of $1.0 million and net income of $1.2 million for the same quarter in 2022. The Company’s decline in profitability versus 2022 resulted from a decrease in investment income.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended March 31, 2023. The Company posted revenue of $779 thousand and net income of $510 thousand. These results compare to revenue of $927 thousand and net income of $725 thousand for the same quarter in 2022. The Company’s decline in revenue and profitability resulted primarily from changes in commodity prices for oil.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal year ended December 31, 2022. The Company posted revenue of $4.1 million and net income of $3.4 million. These results compare to revenue of $3.1 million and net income of $1.6 million for 2021. The Company’s improvement in revenue and profitability resulted primarily from increased demand and prices for oil.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended September 30, 2022. The Company posted revenue of $1.2 million and net income of $1.1 million. These results compare to revenue of $1.1 million and net income of $641 thousand for the same quarter in 2021. The Company’s improvement in revenue and profitability resulted primarily from improved investment income and increased demand for oil and gas.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended June 30, 2022. The Company posted revenue of $1.0 million and net income of $1.2 million. These results compare to revenue of $621 thousand and net income of $471 thousand for the same quarter in 2021. The Company’s improvement in revenue and profitability resulted primarily from increased demand and prices for oil.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended March 31, 2022. The Company posted revenue of $927 thousand and net income of $725 thousand. These results compare to revenue of $422 thousand and net income of $154 thousand for the same quarter in 2021. The Company’s improvement in revenue and profitability resulted primarily from increased demand and prices for oil.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal year ended December 31, 2021. The Company posted revenue of $3.1 million and net income of $1.8 million. These results compare to revenue of $1.1 million and a net loss of $683 thousand for 2020. The Company’s improvement in revenue and profitability resulted primarily from increased demand and prices for oil.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended September 30, 2021. The Company posted quarterly revenue of $1.1 million and net income of $641 thousand. These results compare to revenue of $301 thousand and net income of $98 thousand for the same quarter last year. The Company’s improvement in profitability was caused primarily by increased oil and gas revenue resulting from improved market conditions versus 2020 when the pandemic dramatically decreased demand.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended June 30, 2021. The Company posted quarterly revenue of $621 thousand and net income of $471 thousand. These results compare to revenue of $20 thousand and net income of $(108) thousand for the same quarter last year. The Company’s improvement in profitability was caused primarily by increased oil and gas revenue resulting from improved market conditions versus 2020 when the pandemic dramatically decreased demand.

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended March 31, 2021. The Company posted quarterly revenue of $422 thousand and net income of $154 thousand. These results compare to revenue of $407 thousand and net income of $(1.5) million for the same quarter last year. The Company’s improvement in profitability was caused by excess depletion recorded in prior periods for some of the Company’s working interests and a loss of $(1.3) million recognized in 2020 as a result of the conversion of marketable securities.