Amen Properties Q2 net income rises on leasehold sale
Amen Properties Q2 net income rises on leasehold sale
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: ID:nBw4QnXcqa
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.)