Amen Properties Q1 net income jumps on leasehold sale
Amen Properties Q1 net income jumps on leasehold sale
Overview
US oil and gas property owner's Q1 oil and gas revenue declined yr/yr
Q1 net income rose sharply, driven by $2.3 mln gain from leasehold sale
Company declared $12.50 per share quarterly dividend
Outlook
Company did not provide specific guidance or outlook for future periods
Result Drivers
LEASEHOLD SALE - Co said higher Q1 net income was primarily due to $2.3 mln gain from sale and assignment of leasehold interests
Company press release: ID:nBwxLj9Ga
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 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.)