Amen Properties Inc. reported its financial results for the second quarter of 2025, ending June 30. The company recorded revenue of $573,000 and a net income of $216,000, compared to revenue of $1.3 million and net income of $574,000 for the same period in 2024. The decline in revenue was primarily attributed to changes in commodity prices and demand. Additionally, the company's Board of Directors has approved a quarterly dividend of $10.00 per share, which will be paid to shareholders of record on September 30, with the payment date set for October 7. In a strategic update, the company announced it would cease hedging the revenue stream associated with its oil and gas royalties, advising shareholders to consider their own hedging strategies if they are uncomfortable with the associated risks.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMEN Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250922311584) on September 22, 2025, and is solely responsible for the information contained therein.
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