Amen Properties Q2 net income rises on leasehold sale

By Reuters News


Overview

  • US oil and gas property owner's Q2 revenue rose yr/yr

  • Net income increased, driven by income from leasehold sale

  • Company declared $12.50 per share quarterly dividend


Outlook

  • Company did not provide specific guidance for future quarters or the full year


Result Drivers

  • LEASEHOLD SALE - Co said net income increase was mainly due to income from sale and assignment of leasehold interests


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$724,000

Q2 Dividend

$12.50


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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