The Houston American Energy Corp (HUSA) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered HUSA. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for HUSA is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
HUSA is a stock in Energy which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end HUSA is forecasted to be $ by from .
These are the latest 20 analyst ratings of HUSA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
CK Cooper | Hold | $4 | Downgrade | Jul 19, 2012 |
CK Cooper | Buy | $4 | Upgrade | May 4, 2012 |
When did it IPO
2002
Staff Count
2
Country
United States
Sector/Industry
Energy/Oil & Gas E&P
CEO
Mr. John F. Terwilliger
Market Cap
$14.5M
In 2023, HUSA generated $794,027 in revenue, which was a decrease of -51.55% from the previous year. This can be seen as a signal that HUSA's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Houston American Energy Corp. closed a private placement, issuing 2,180,180 shares of common stock, raising approximately $2.5 million from an accredited investor.
Why It Matters - The private placement of shares raises $2.5 million for Houston American Energy, potentially strengthening its financial position and funding growth initiatives, impacting stock valuation and investor confidence.
Summary - Houston American Energy Corp. (NYSE American: HUSA) plans to drill six wells with approximately 3-mile laterals in the Wolfcamp formation, Reeves County, Texas.
Why It Matters - Houston American Energy's drilling plans in a prolific formation may boost production and revenues, influencing stock performance and attracting investor interest in the energy sector.
Summary - WTI Crude Oil prices have increased over 20% year-to-date, rising from nearly $70 to over $85 amid escalating tensions in the Middle East.
Why It Matters - Rising WTI Crude Oil prices indicate growing geopolitical risks, potentially affecting inflation, energy sector profitability, and overall market stability.
Summary - Houston American Energy Corp. has acquired an additional interest in Hupecol Meta, LLC, enhancing its stake in this venture.
Why It Matters - Houston American Energy's acquisition of additional interest in Hupecol Meta may indicate growth potential and increased asset value, impacting stock performance and investor sentiment.
Summary - Houston American Energy Corp. adjourned its annual stockholders meeting on September 20, 2022, due to lack of quorum. The meeting will reconvene on October 25, 2022.
Why It Matters - The adjournment of Houston American Energy's annual meeting signals potential governance issues, which may affect investor confidence and stock performance.
Summary - Houston American Energy Corp. updated on 2022 operations and plans for the CPO-11 Block in Colombia, with interest held through Hupecol Meta, LLC.
Why It Matters - Houston American Energy's update on the CPO-11 Block signals potential operational developments and investment opportunities, impacting stock performance and future profitability.