Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for the first quarter ended March 31, 2026. The Company posted oil and gas revenue of $599,635 and net income of $2.6 million. These results compare to revenue of $728,294 and net income of $240,334 for the first quarter of 2025. The Company’s significantly improved profitability in the first quarter of 2026 was primarily due to the sale and assignment of leasehold interests, which generated proceeds of approximately $2.3 million.
Amen also announced that the Company’s Board of Directors has approved the payment of a quarterly dividend of $12.50 per share. The dividend will be paid to shareholders of record on June 30 with a payment date of July 7.
The Company’s quarterly report for the first quarter of 2026 is available for viewing or download from the company’s web site – www.amenproperties.com.
About Amen Properties:
Amen Properties owns a portfolio of cash-producing properties including real estate and oil and gas interests.
Cautionary Statement:
This document contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements can be identified by use of the words “expect,” “project,” “may,” “might,” potential,” and similar terms. AMEN Properties, Inc. (“Amen”, “we” or the “Company”) cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Amen’s control. These factors include, but are not limited to, our ability to implement our strategic initiatives, economic, political and market conditions and price fluctuations, government and industry regulation, U.S. and global competition and other factors. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
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