OTCPK:AMEN

Stock Analysis Report

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Executive Summary

AMEN Properties, Inc. owns oil and gas royalty and working interests in various oil and gas properties in the United States.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has AMEN Properties's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMEN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

12.2%

AMEN

0.9%

US Oil and Gas

1.7%

US Market


1 Year Return

-33.6%

AMEN

-33.0%

US Oil and Gas

8.5%

US Market

Return vs Industry: AMEN matched the US Oil and Gas industry which returned -33.6% over the past year.

Return vs Market: AMEN underperformed the US Market which returned 9.3% over the past year.


Shareholder returns

AMENIndustryMarket
7 Day12.2%0.9%1.7%
30 Day12.2%7.5%9.5%
90 Day-33.6%-11.4%0.1%
1 Year-26.9%-33.6%-29.8%-33.0%11.0%8.5%
3 Year36.3%1.2%-31.0%-37.9%32.2%23.5%
5 Year41.4%-16.0%-39.1%-48.3%58.6%40.8%

Price Volatility Vs. Market

How volatile is AMEN Properties's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is AMEN Properties undervalued compared to its fair value and its price relative to the market?

27.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AMEN ($504.99) is trading below our estimate of fair value ($692.02)

Significantly Below Fair Value: AMEN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AMEN is poor value based on its PE Ratio (40x) compared to the Oil and Gas industry average (9.7x).

PE vs Market: AMEN is poor value based on its PE Ratio (40x) compared to the US market (15.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AMEN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AMEN is overvalued based on its PB Ratio (3.6x) compared to the US Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is AMEN Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

51.0%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AMEN Properties has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has AMEN Properties performed over the past 5 years?

-14.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMEN has high quality earnings.

Growing Profit Margin: AMEN's current net profit margins (20.5%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: AMEN's earnings have declined by -14.1% per year over the past 5 years.

Accelerating Growth: AMEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AMEN had negative earnings growth (-88.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-19.8%).


Return on Equity

High ROE: AMEN's Return on Equity (9%) is considered low.


Next Steps

Financial Health

How is AMEN Properties's financial position?


Financial Position Analysis

Short Term Liabilities: AMEN's short term assets ($6.1M) exceed its short term liabilities ($463.8K).

Long Term Liabilities: AMEN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AMEN is debt free.

Reducing Debt: AMEN had no debt 5 years ago.

Debt Coverage: AMEN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AMEN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is AMEN Properties's current dividend yield, its reliability and sustainability?

15.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AMEN's dividend (15.84%) is higher than the bottom 25% of dividend payers in the US market (1.69%).

High Dividend: AMEN's dividend (15.84%) is in the top 25% of dividend payers in the US market (4.55%)


Stability and Growth of Payments

Stable Dividend: AMEN has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: AMEN has only been paying a dividend for 9 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (1103.6%), AMEN's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.0yrs

Average management tenure


CEO

Kris Oliver (53yo)

11.25yrs

Tenure

US$217,467

Compensation

Mr. Kris L. Oliver has been the Chief Executive Officer AMEN Properties Inc. since March 2009 and has been its Secretary since March 7, 2007. Mr. Oliver served as the Chief Financial Officer of AMEN Proper ...


Leadership Team

NamePositionTenureCompensationOwnership
Kris Oliver
CEO & Corporate Secretary11.25yrsUS$217.47kno data
Jon Morgan
President & Executive Director19.67yrsno datano data
Kevin Yung
Chief Operating Officer and President of W Power & Light13.25yrsUS$236.58kno data
John Bick
Managing Principal of Priority Power16.75yrsUS$192.27kno data
Padraig Ennis
Vice President of Priority Powerno dataUS$169.99kno data

15.0yrs

Average Tenure

55yo

Average Age

Experienced Management: AMEN's management team is seasoned and experienced (15 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jon Morgan
President & Executive Director19.67yrsno datano data
Bruce Edgington
Independent Director24.58yrsUS$19.27kno data
Eric Oliver
Chairman17.75yrsno datano data
G. Nicholson
Director17.33yrsUS$17.19kno data

18.7yrs

Average Tenure

60.5yo

Average Age

Experienced Board: AMEN's board of directors are seasoned and experienced ( 18.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AMEN Properties, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AMEN Properties, Inc.
  • Ticker: AMEN
  • Exchange: OTCPK
  • Founded: 1993
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$26.397m
  • Shares outstanding: 52.27k
  • Website: https://www.amenproperties.com

Location

  • AMEN Properties, Inc.
  • PO Box 835451
  • Richardson
  • Texas
  • 75080
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMENOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1997

Biography

AMEN Properties, Inc. owns oil and gas royalty and working interests in various oil and gas properties in the United States. It owns an indirect interest in oil gas and gas royalties through its ownership interests of SFF Royalty, LLC; and controls oil and gas working interests owned by SFF Production, LLC through its ownership of interests. The company was formerly known as Crosswalk.com, Inc. and changed its name to AMEN Properties, Inc. in October 2002. AMEN Properties, Inc. was founded in 1993 and is based in Richardson, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 10:25
End of Day Share Price2020/06/01 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.