Houston American Energy Q2 2024 Earnings Report

Houston American Energy EPS Results

• Actual EPS: -$0.10
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Houston American Energy Revenue Results

• Actual Revenue: $0.12 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Houston American Energy Announcement Details

• Quarter: Q2 2024
• Date: 8/14/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Houston American Energy (NYSEAMERICAN:HUSA) Corp (NYSE: HUSA) is an independent energy company engaged in the acquisition, exploration and development of onshore oil and natural gas properties. The firm’s core focus lies in domestic U.S. resources, with an emphasis on the Permian Basin region across West Texas and southeastern New Mexico. Historically, Houston American has also pursued international opportunities, including interests in Yemen’s Block S-1 concession and the Halboun oil field in Jordan, though those ventures have been shaped by regional geopolitical challenges.

The company’s operational strategy centers on leveraging state-of-the-art seismic analysis and reservoir evaluation techniques to identify high-potential formations. In the Permian Basin, Houston American holds multiple acreage positions and participates in joint drilling programs designed to enhance oil and gas recovery from both conventional and unconventional plays. Management continually evaluates additional lease acquisitions and farm-in partnerships to bolster its asset portfolio and position the company for long-term production growth.

Headquartered in Houston, Texas, Houston American Energy draws upon a technical team of geoscientists, petroleum engineers and industry professionals to steer its exploration and development efforts. Governance is overseen by a board of directors whose members bring expertise in geology, engineering and finance, aligning corporate strategy with operational execution. While the company remains focused on U.S. onshore assets, it retains the flexibility to consider international projects that meet its risk-adjusted return criteria.