Amen Properties Inc. (AMEN)

Overview

AMEN Properties, Inc. is a diversified company that primarily engages in the ownership of oil and gas royalty and working interests across various oil and gas properties in the United States. Its operations are channeled through the ownership of SFF Royalty, LLC, where it holds interests in oil and gas royalties, and SFF Production, LLC, which is wholly owned and encompasses specific interests in production. Originally founded as Crosswalk.com, Inc., the company shifted its focus and rebranded to AMEN Properties, Inc. in October 2002. With its inception dating back to 1993, AMEN Properties has established its headquarters in Richardson, Texas, signaling its long-standing presence and operational base within the energy sector.

Products and Services

AMEN Properties, Inc. offers a range of products and services centered around the energy sector, specifically in the oil and gas industry:

• Oil and Gas Royalties: Through its subsidiary, SFF Royalty, LLC, AMEN Properties acquires and manages royalty interests in oil and gas properties. This involves receiving a percentage of the production or revenue from oil and gas wells, without bearing the costs associated with drilling, maintaining, or operating the wells.
• Working Interests in Oil and Gas: Through SFF Production, LLC, the company holds a 100% interest in certain oil and gas production activities. Working interests allow AMEN Properties to participate directly in the exploration, development, and production of oil and gas properties, sharing both the costs and revenues generated from these activities.