OverviewSuggest Edit

Houston American Energy Corp (HUSA) is an oil and gas exploration and production company. It is engaged in development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties.

TypePublic
Founded2001
HQHouston, US
Websitehoustonamerican.com

Latest Updates

Employees (est.) (Dec 2018)2(-33%)
Revenue (FY, 2019)$998 K(-57%)
Share Price (Sept 2020)$1 (-3%)
Cybersecurity ratingBMore

Key People/Management at Houston American Energy

James A. Schoonover

James A. Schoonover

CEO
Stephen P. Hartzell

Stephen P. Hartzell

Interim Chairman of the Board
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Houston American Energy Office Locations

Houston American Energy has an office in Houston
Houston, US (HQ)
801 Travis St #1425Houston
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Houston American Energy Financials and Metrics

Houston American Energy Revenue

Houston American Energy's revenue was reported to be $997.99 k in FY, 2019
USD

Revenue (Q2, 2020)

77.9k

Net income (Q2, 2020)

(336.5k)

EBIT (Q2, 2020)

(341.9k)

Market capitalization (23-Sept-2020)

6.8m

Closing stock price (23-Sept-2020)

1.0

Cash (30-Jun-2020)

2.7m

EV

4.4m
Houston American Energy's current market capitalization is $6.8 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

165.9k630.4k2.4m998.0k

Revenue growth, %

(61%)280%274%

General and administrative expense

1.8m1.8m1.4m1.4m

Operating expense total

2.8m2.5m2.7m1.4m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

57.6k46.3k111.7k754.2k574.6k552.9k250.7k209.2k264.9k147.1k77.9k

General and administrative expense

519.3k485.1k623.0k421.7k417.3k301.5k250.0k405.7k309.8k374.1k269.5k

Operating expense total

560.1k515.5k733.5k807.1k720.8k669.9k491.7k692.1k549.4k374.1k269.5k

Depreciation and amortization

17.7k13.5k55.3k96.7k81.3k89.9k92.5k91.6k99.7k90.8k51.3k
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

481.2k392.1k755.7k97.9k

Accounts Receivable

347.5k136.0k80.2k

Prepaid Expenses

3.8k3.8k66.4k39.5k

Current Assets

484.9k743.4k958.1k217.6k
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(2.6m)(2.0m)(251.3k)(2.5m)

Depreciation and Amortization

302.8k161.5k357.8k438.6k

Accounts Payable

21.6k(9.4k)11.0k305.7k

Cash From Operating Activities

(1.3m)(1.7m)360.8k(725.0k)
USDFY, 2016

Revenue/Employee

55.3k

Financial Leverage

1 x
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Houston American Energy Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Average Realized Sales Price (Oil), $/bbl

$40.40 $47.91 $50.32 $43.45 $50.81 $60.85 $60.66 $54.92 $57.43 $43.79 $47.14 $48.30

Gas Production, cubic feet

20.20 m4.59 m3.44 m3.45 m31 m63.41 m57.67 m80 m253.05 m24.81 m27.28 m29.27 m

Wells Gross

9 9 9 11 10 10 10 9 5 10 10 10

Wells Net

0.47 0.47 0.47 0.99 0.98 0.98 0.98 0.95 0.52 0.98 0.98 0.98
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Houston American Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
HAEC Caddo Lake E&P, Inc.
HAEC Louisiana E&P, Inc.
HAEC Oklahoma E&P, Inc.

Houston American Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Houston American Energy Revenue Breakdown

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Houston American Energy revenue breakdown by business segment: 6.9% from Natural Gas Liquids Sales, 60.1% from Oil Sales, 28.1% from Natural Gas Sales and 4.8% from Other

Houston American Energy Online and Social Media Presence

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Houston American Energy News and Updates

Houston American Energy Provides Update on Financing Activities and Financial Position

HOUSTON, Jan. 22, 2020 /PRNewswire/ -- Houston American Energy Corp. (NYSE American: HUSA) today provided an update on the company's recent financing activities and current financial position. Since reporting 3rd quarter 2019 results, Houston American has raised $4.49 million of net...

Houston American Energy Announces Funding and Completion of Acquisition of Acreage In New San Andres Drilling Program

HOUSTON, Sept. 20, 2019 /PRNewswire/ -- Houston American Energy Corp. (NYSE American: HUSA) today announced that it has secured funding to complete its previously announced agreement to acquire a 20% interest in a 5,871 gross acre block in the San Andres formation located in the Northern...

Houston American Energy Announces Agreement to Participate in New San Andres Drilling Program

HOUSTON, Aug. 26, 2019 /PRNewswire/ -- Houston American Energy Corp. (NYSE American: HUSA) today announced that it has signed an agreement to participate in a new drilling program in the San Andres formation located in the Northern Shelf of the Permian Basin. Under the agreement, the...

Houston American Energy Provides Update On Fracking Operations On Yoakum County Well

HOUSTON, June 14, 2019 /PRNewswire/ -- Houston American Energy Corp. (NYSE American: HUSA) today provided an update on operations on the Frost #1H well located in the Northwest Shelf of the Midland Basis, in Yoakum County, Texas. Frac operations on the Frost #1-H well have been completed...

Houston American Energy Announces Initiation Of Fracking Operations On Yoakum County Well

HOUSTON, May 20, 2019 /PRNewswire/ -- Houston American Energy Corp. (NYSE American: HUSA) today announced the initiation of fracking operations on the company's Frost #1H well. The Frost #1H well is located in the Northwest Shelf of the Midland Basis, in Yoakum County, Texas, and targets...

Houston American Energy Announces Completion Of Drilling On San Andres Prospect

HOUSTON, Jan. 18, 2019 /PRNewswire/ -- Houston American Energy Corp. (NYSE American: HUSA) today provided an update with respect to drilling operations on its San Andres prospect in Yoakum County, Texas. The Frost #1H well, the company's first well on the prospect, has reached total depth ...
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Houston American Energy Frequently Asked Questions

  • When was Houston American Energy founded?

    Houston American Energy was founded in 2001.

  • Who are Houston American Energy key executives?

    Houston American Energy's key executives are James A. Schoonover and Stephen P. Hartzell.

  • How many employees does Houston American Energy have?

    Houston American Energy has 2 employees.

  • What is Houston American Energy revenue?

    Latest Houston American Energy annual revenue is $998 k.

  • What is Houston American Energy revenue per employee?

    Latest Houston American Energy revenue per employee is $499 k.

  • Who are Houston American Energy competitors?

    Competitors of Houston American Energy include Petro River Oil, Fieldpoint Petroleum and Gran Tierra Energy.

  • Where is Houston American Energy headquarters?

    Houston American Energy headquarters is located at 801 Travis St #1425Houston, Houston.

  • Where are Houston American Energy offices?

    Houston American Energy has an office in Houston.

  • How many offices does Houston American Energy have?

    Houston American Energy has 1 office.