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Houston American Energy Corp   (HUSA)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $1.1700 $-0.03 -2.500%
Day's High: $1.21 Week Perf: -2.5 %
Day's Low: $ 1.14 30 Day Perf: -7.14 %
Volume (M): 253 52 Wk High: $ 2.81
Volume (M$): $ 295 52 Wk Avg: $1.71
Open: $1.20 52 Wk Low: $1.14



 Market Capitalization (Millions $) 13
 Shares Outstanding (Millions) 11
 Employees 3
 Revenues (TTM) (Millions $) -844
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Houston American Energy Corp

Houston American Energy Corp is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties in the U.S. Permian Basin and Gulf Coast regions, particularly Texas and Louisiana, and in the South American country of Colombia.

We focus on early identification of, and entrance into, existing and emerging resource plays, particularly in the U.S. Permian Basin and Gulf Coast and in Colombia. We do not operate properties but typically seek to partner with, or invest in, larger operators in the development of resources or retain interests, with or without contribution on our part, in prospects identified, packaged and promoted to larger operators. By entering these plays earlier and partnering with, investing in or promoting to, larger operators, we believe we can capture larger resource potential at lower cost and minimize our exposure to drilling risks and costs and ongoing operating costs.

Each of our property interests differ in scope and character and consists of one or more types of assets, such as 3-D seismic data, leasehold positions, lease options, working interests in leases, partnership or limited liability company interests, corporate equity interests or other mineral rights. Our percentage interest in each property represents the portion of the interest in the property we share with other partners in the property. Because each property consists of a bundle of assets that may or may not include a working interest in the project, our stated interest in a property simply represents our proportional ownership in the bundle of assets that constitute the property. Therefore, our interest in a property should not be confused with the working interest that we will own when a given well is drilled. Each of our exploration and development projects represents a negotiated transaction between the project partners relating to one or more properties. Our working interest may be higher or lower than our stated interest.



   Company Address: 801 Travis Street Houston 77002 TX
   Company Phone Number: 222-6966   Stock Exchange / Ticker: NYSE HUSA
   


Customers Net Income grew by HUSA's Customers Net Profit Margin grew to

249.56 %

5.04 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHKEW   -5.26%    
EOG        2.64% 
EQT        2.28% 
OXY        0.41% 
PXD        0.28% 
SWN        1.92% 
• View Complete Report
   



Houston American Energy Corp

Houston American Energy Corp's Top-line Dives in First Quarter of 2023 Earnings Season as Net Profits Soar

Investors in the stock market have been eagerly anticipating news from Houston American Energy Corp (HUSA) and their latest earnings report did not disappoint. The first quarter of 2023 showed a stunning turnaround for the energy company, with HUSA reporting EPS of $0.01 per share. This is a vast improvement from the $-0.04 per share they reported just a year ago.
What's more, their earnings per share have turned positive from $-0.04 per share from the prior reporting period. It's clear that HUSA has been able to turn things around in a big way. This is great news for all those who have invested in the company and those who have kept a close eye on their progress in the marketInterestingly, while HUSA's revenue did fade slightly during this period, dropping by -43.53% to $0.23 million, the company saw its net profits rise to $0.104 million. This is a marked improvement from the net shortfall of $-0.357 million that HUSA recorded in the same reporting period a year ago.
The Energy sector is one that has seen much fluctuation and volatility over the years, but HUSA's strong performance in this quarter is a good sign for the future of the sector. It's also worth noting that HUSA recorded a cumulative net loss of $0 million during the 12 months ending in the first quarter of 2023, resulting in a negative return on assets (ROA) of -4.03%.
While this ROA is not as high as some other companies in the Energy sector, it's important to remember that HUSA has shown significant improvement in a relatively short period of time. There are 112 other companies in the Energy sector that have a higher return on assets, but HUSA's performance is still commendable in the current economic climate.
Houston American Energy Corp is expected to report their next financial results on August 14, 2023. Investors from all over the world are eagerly anticipating these results to see if HUSA can continue their newfound success in the market. Overall, the stock market has much to be pleased about with the strong performance of Houston American Energy Corp, and we can only hope that this positive momentum is maintained in the future.






 

Houston American Energy's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Houston American Energy does not provide revenue guidance.

Earnings Outlook
Houston American Energy Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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