AMEN Properties, Inc.
|
Balance Sheet Cash Flow Statement 303 W. Wall St., Ste. 2300 Midland, TX 79701 TX Tel. 432-684-3821 Fax 432-685-3143 |
Type: Public
On the web:
http://amenproperties.com/
Employees:
11
Employee growth: 0.0%
AMEN Properties' prayers are being answered with power. Subsidiary W Power, formed in 2004, provides retail electricity services in West Texas. W Power (a venture made possible when Texas deregulated the wholesale electricity market) now accounts for the bulk of AMEN Properties' sales. Its Priority Power subsidiary (acquired in 2006) has current or previous business activities in 22 states including Texas. These activities include electricity load aggregation, natural gas and electricity procurement, energy risk management, and energy consulting. AMEN Properties' Amen Delaware subsidiary invests in commercial real estate in secondary markets; Amen Minerals invests in oil and gas royalties.
Key numbers for fiscal year ending December, 2006:
Sales: $15.1M
One year growth: 47.9%
Net income: $2.2M
Officers:
Chairman: Eric L. Oliver
CEO and Director: Jon M. Morgan
CFO: Kris Oliver
Competitors:
AEP Texas North
Constellation NewEnergy
Energy Future





