|Day's Range||0.4200 - 0.4600|
|52 Week Range||0.1600 - 0.4900|
|PE Ratio (TTM)||-8.68|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Categories: Yahoo FinanceGet free summary analysis Houston American Energy Corp. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Houston American Energy Corp. – Newfield Exploration Company, Occidental Petroleum Corporation, Anadarko Petroleum Corporation, EOG Resources, Inc., Apache Corporation and Denbury Resources Inc. (NFX-US, OXY-US, APC-US, EOG-US, ... Read more (Read more...)
HOUSTON, May 5, 2017 /PRNewswire/ -- Houston American Energy Corp. (NYSE MKT: HUSA) today announced that it has completed a private placement of $910,000 of Units consisting of shares of 12.0% Series B Convertible Preferred Stock and Warrants. Funds from the offering will be used primarily to pay Houston American's share of drilling costs on the Johnson State #1H well in Reeves County, Texas, with excess funds being added to working capital. John P. Boylan, CEO and President of Houston American stated, "This equity raise provides Houston American with capital needed to pay our share of the drilling costs of our first Reeves County well, which spud earlier this week.
HOUSTON, May 4, 2017 /PRNewswire/ -- Houston American Energy Corp. (NYSE MKT: HUSA) today announced that the Johnson State #1H well has been spudded and is expected to reach total depth, including the horizontal lateral, within approximately 32 days. The well, operated by Founders Oil & Gas Operating, LLC, is the first well to be drilled on Houston American's Reeves County acreage encompassing two lease blocks totaling approximately 717 gross acres. Houston American holds a 25% working interest in the subject well and Johnson lease. John P. Boylan, CEO and President of Houston American stated, "Spudding the first well on our recently acquired Reeves County acreage is a major milestone for Houston American.