Tearsheet

Houston American Energy (HUSA)

Market Price (12/4/2025): $2.14 | Market Cap: $3.5 Mil
Sector: Energy | Industry: Oil & Gas Exploration & Production

Houston American Energy (HUSA)

Market Price (12/4/2025): $2.14
Market Cap: $3.5 Mil
Sector: Energy
Industry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -40%	Weak multi-year price returns 2Y Excs Rtn is -138%, 3Y Excs Rtn is -167%	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -4.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -910%
1	Megatrend and thematic drivers Megatrends include US Energy Independence. Themes include US Oilfield Technologies.		Expensive valuation multiples P/SPrice/Sales ratio is 34x
2			Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -18%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -30%, Rev Chg QQuarterly Revenue Change % is -4.5%
3			Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -872%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -872%
4			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -68%
5			High stock price volatility Vol 12M is 194%
6			Significant short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 21%

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -40%
1	Megatrend and thematic drivers Megatrends include US Energy Independence. Themes include US Oilfield Technologies.
2	Weak multi-year price returns 2Y Excs Rtn is -138%, 3Y Excs Rtn is -167%
3	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -4.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -910%
4	Expensive valuation multiples P/SPrice/Sales ratio is 34x
5	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -18%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -30%, Rev Chg QQuarterly Revenue Change % is -4.5%
6	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -872%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -872%
7	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -68%
8	High stock price volatility Vol 12M is 194%
9	Significant short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 21%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022	2021
Share Price CYE	$2.14	$12.90	$17.90	$34.40	$14.30
Market Cap CYE ($ Mil)	3.5	16.0	19.5	34.6	14.2
Total Debt ($ Mil)	0.0	0.1	0.1	0.2	0.3
Total Cash ($ Mil)	7.0	3.0	4.1	4.5	4.9
Enterprise Value ($ Mil)	-3.4	16.1	19.6	34.8	14.5
Valuation Ratios
P/S TTM	31.8	26.0	24.3	20.9	10.4
P/EBIT TTM	-3.5	-5.7	-11.3	-44.0	-13.5
P/E TTM	-1.5	-1.8	-6.0	-46.0	-13.5
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0	0.0

	12/4/25	2024	2023
Share Price CYE	$2.14	$12.90	$17.90
Market Cap CYE ($ Mil)	3.5	16.0	19.5
Total Debt ($ Mil)	0.0	0.1	0.1
Total Cash ($ Mil)	7.0	3.0	4.1
Enterprise Value ($ Mil)	-3.4	16.1	19.6
Valuation Ratios
P/S TTM	31.8	26.0	24.3
P/EBIT TTM	-3.5	-5.7	-11.3
P/E TTM	-1.5	-1.8	-6.0
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0

	HUSA	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	0.0
Rev Chg Q	-4.5%	7.1%
Rev Chg LTM	-18.2%	6.1%
Rev Chg 3Y Avg	-30.3%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.0
CFO LTM ($ Bil)	-0.0
Net Inc LTM ($ Bil)	-0.0
Op Mgn LTM	-910.1%	18.8%
CFO/Rev LTM	-871.6%	20.5%
Net Inc Mgn	-2,146.6%	13.1%
VALUATION	VERY HIGH
P/S	31.8	3.2
P/CFO	-3.6	15.8
P/FCF	-3.6	20.5
P/E	-1.5	23.5
STABILITY	VERY GOOD
Debt/Equity	0.00	0.20
Cash/Assets	0.80	0.07

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Metric	Value	Date	Source
Working Interest in State Finkle Unit	0.0078	6172024	Link
Gross Acreage in Reeves County, Texas	320 acres	5152023	Link
Mineral Interest in East Baton Rouge Parish, Louisiana	23.437%	5152023	Link
Gross Acreage in Colombia	approximately 920,841 acres	5152023	Link
Oil Production Volume Change (Year-over-Year)	-18%	12312024	Link
Gas Production Volume Change (Year-over-Year)	-11%	12312024	Link

Recent
11/19/2025	Earnings Release	Rev: - EPS: -
Upcoming
2/23/2026	Earnings Release	Rev: - EPS: -

HUSA Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Here are key points highlighting why Houston American Energy (HUSA) stock moved by -72.4% during the approximate period from August 31, 2025, to December 4, 2025:

1. Significant Increase in Net Loss and Operating Expenses: The company reported preliminary, unaudited financial results for the third quarter ended September 30, 2025, which included a substantial net loss of USD 7.03 million, a significant increase compared to USD 0.281804 million a year ago. Total operating expenses for Q3 2025 were projected to be approximately $3.8 million, an increase of $2.7 million from Q2 2025, largely due to the operating costs of the combined organization following an acquisition on July 1, 2025, and additional integration costs.

2. Dilutive Registered Direct Offering: On November 20, 2025, Houston American Energy announced it had signed agreements to sell 2.29 million shares at $3.50 each in a registered direct offering, aiming to raise about $8 million before fees. This offering, at a price significantly below recent trading levels, caused the stock to slide -24.4% premarket and led to substantial dilution for existing shareholders.

3. Weak Financial Position and Negative Margins: Preliminary, unaudited cash and cash equivalents were approximately $1.5 million as of September 30, 2025, with preliminary unaudited debt expected to be around $11.0 million. The company also reported a negative return on equity of 57.99% and a negative net margin of 2,145.10%, indicating severe financial underperformance.

4. Overwhelming Bearish Market Sentiment and Technical Indicators: Throughout the period, various analyses indicated a strong bearish sentiment for HUSA. As of December 3, 2025, technical analysis indicators signaled a bearish outlook with 20 bearish signals against only 6 bullish signals. The stock consistently traded well below its 50-day and 200-day moving averages, and multiple sources issued "Strong Sell" recommendations, further eroding investor confidence.

5. High Costs Associated with Strategic Shift and Acquisition Integration: The company's strategic expansion into sustainable fuels and energy transition technologies, including the July 2025 acquisition of Abundia Global Impact Group (AGIG), led to increased costs related to site acquisition, the appointment of service providers for a plastics recycling facility, and breaking ground on an innovation hub. These significant investments, without immediate offsetting revenues, contributed to the increased operating expenses and net losses, raising concerns among investors about the short-term financial impact of this transition.

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Stock Movement Drivers

Fundamental Drivers

The -72.2% change in HUSA stock from 9/3/2025 to 12/3/2025 was primarily driven by a -72.2% change in the company's P/S Multiple.

	9032025	12032025	Change
Stock Price ($)	8.17	2.27	-72.22%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	0.51	0.51	0.00%
P/S Multiple	26.02	7.23	-72.22%
Shares Outstanding (Mil)	1.62	1.62	0.00%
Cumulative Contribution			-72.22%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
HUSA	-72.2%
Market (SPY)	6.2%	18.9%
Sector (XLE)	3.8%	52.8%

Fundamental Drivers

The -53.0% change in HUSA stock from 6/4/2025 to 12/3/2025 was primarily driven by a -48.8% change in the company's P/S Multiple.

	6042025	12032025	Change
Stock Price ($)	4.83	2.27	-53.00%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	0.51	0.51	-1.02%
P/S Multiple	14.12	7.23	-48.80%
Shares Outstanding (Mil)	1.51	1.62	-7.83%
Cumulative Contribution			-53.29%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
HUSA	-53.0%
Market (SPY)	15.1%	-14.8%
Sector (XLE)	13.0%	30.4%

Fundamental Drivers

The -82.8% change in HUSA stock from 12/3/2024 to 12/3/2025 was primarily driven by a -67.8% change in the company's P/S Multiple.

	12032024	12032025	Change
Stock Price ($)	13.20	2.27	-82.80%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	0.64	0.51	-20.42%
P/S Multiple	22.48	7.23	-67.84%
Shares Outstanding (Mil)	1.09	1.62	-48.81%
Cumulative Contribution			-86.90%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
HUSA	-82.8%
Market (SPY)	14.3%	4.4%
Sector (XLE)	-0.5%	23.4%

Fundamental Drivers

The -94.3% change in HUSA stock from 12/4/2022 to 12/3/2025 was primarily driven by a -70.4% change in the company's Total Revenues ($ Mil).

	12042022	12032025	Change
Stock Price ($)	40.00	2.27	-94.33%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1.72	0.51	-70.40%
P/S Multiple	23.07	7.23	-68.66%
Shares Outstanding (Mil)	0.99	1.62	-63.47%
Cumulative Contribution			-96.61%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
HUSA	-87.3%
Market (SPY)	53.2%	-2.0%
Sector (XLE)	15.0%	23.0%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
HUSA Return	-4%	-18%	141%	-48%	-28%	-84%	-88%
Peers Return	-39%	91%	65%	8%	-3%	-3%	93%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
HUSA Win Rate	50%	42%	42%	33%	42%	20%
Peers Win Rate	37%	70%	58%	57%	48%	60%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
HUSA Max Drawdown	-50%	-20%	-22%	-52%	-45%	-83%
Peers Max Drawdown	-73%	-1%	0%	-14%	-12%	-20%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: COP, CNQ, EOG, FANG, OXY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	HUSA	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-85.3%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	580.7%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-67.5%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	207.2%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	18 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-83.4%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	502.7%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	812 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-85.4%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	584.8%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	317 days	1480 days

Compare to COP, CNQ, EOG, FANG, OXY

In The Past

Houston American Energy's stock fell -85.3% during the 2022 Inflation Shock from a high on 3/7/2022. A -85.3% loss requires a 580.7% gain to breakeven.

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About Houston American Energy (HUSA)

Houston American Energy Corp., an independent oil and gas company, engages in the exploration, development, and production of natural gas, crude oil, and condensate in the United States. Its oil and gas properties are located primarily in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. As of December 31, 2021, the company owned interests in four gross wells. Houston American Energy Corp. was incorporated in 2001 and is based in Houston, Texas.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies to describe Houston American Energy (HUSA):

An early-stage tech startup, but focused on finding oil instead of developing software or hardware.
A small biotech company focused on drug discovery, but their 'discovery' is finding new oil reserves.

AI Generated Analysis | Feedback

Crude Oil: The company engages in the exploration, development, and production of crude oil from its various properties for sale.
Natural Gas: HUSA also explores for, develops, and produces natural gas from its properties, which is then sold.

AI Generated Analysis | Feedback

Houston American Energy (symbol: HUSA) primarily sells its oil and natural gas production to other companies, rather than directly to individuals.

Its major customer, as identified in recent SEC filings (such as the 2022 Annual Report on Form 10-K), is:

MacKenzie Offshore LLC: This private company accounted for approximately 75% of Houston American Energy's total revenues in 2022. As a private company, it does not have a public stock symbol.

AI Generated Analysis | Feedback

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Peter F. Longo, Chief Executive Officer and Chief Financial Officer

Mr. Longo was appointed President and Chief Executive Officer of Houston American Energy Corp. on November 11, 2024. He assumed the additional role of Chief Financial Officer on February 18, 2025. Prior to joining Houston American Energy, Mr. Longo served as Chairman of Cyient, Inc., the U.S. subsidiary of Cyient, Ltd., a global management services provider in engineering, manufacturing, geospatial, network, and operations management. He also had a distinguished 30-year career at United Technologies Corporation (UTC), where he served as Senior Vice President of Operations from 2016 to 2018, and as CFO and CIO at various UTC business units, including UTC Aerospace Systems, Pratt & Whitney, Sikorsky, and Hamilton Sundstrand, before his retirement from UTC prior to its merger with Raytheon Corporation. Mr. Longo is a Certified Public Accountant since 1981 and holds a bachelor's degree in accountancy from Bentley University.

Stephen Hartzell, Chairman of the Board

Mr. Hartzell currently serves as the Chairman of the Board of Houston American Energy Corp. He previously held the position of Acting Chief Financial Officer from November 2024 until February 2025, when Peter Longo assumed the CFO role. Mr. Hartzell brings extensive experience in geology and various leadership roles to the company. [cite: 10 in original search, 13 in original search] He is also involved in multiple board committees and serves without additional compensation as Chairman, demonstrating his dedication to the company's growth and stability. [cite: 10 in original search, 13 in original search]

AI Generated Analysis | Feedback

The accelerating global transition to cleaner energy sources presents a clear emerging threat to Houston American Energy (HUSA). This trend is manifesting in several ways:

Decreasing long-term demand for fossil fuels: As electrification of transportation, industrial processes, and power generation advances, supported by government policies, technological improvements in renewables, and shifting consumer preferences, the overall demand for crude oil and natural gas is projected to decline over time. This directly threatens the market for HUSA's core products.
Increasing difficulty in accessing capital and investment: A growing number of institutional investors, banks, and financial institutions are divesting from fossil fuel companies or imposing stricter Environmental, Social, and Governance (ESG) criteria. This makes it increasingly challenging and costly for independent oil and gas producers like HUSA to secure the necessary capital for exploration, development, and operational maintenance, potentially limiting their growth and sustainability.

AI Generated Analysis | Feedback

Houston American Energy (HUSA) operates in two primary markets: oil and natural gas exploration and production, and the emerging sector of converting waste plastics into low-carbon fuels and chemical feedstocks.

Oil and Natural Gas Exploration & Production

The global oil and gas exploration and production market was valued at approximately USD 5,820.40 billion in 2024 and is projected to grow to around USD 18,986.90 billion by 2035, with a compound annual growth rate (CAGR) of 11.35% from 2025 to 2035. Another estimate indicates a global market size of USD 5,832.37 billion in 2024, forecasted to reach USD 17,926.77 billion by 2034 with an 11.8% CAGR. The United States oil and gas market, a key region for HUSA's historical operations, was valued at USD 453.2 billion in 2024, expected to reach USD 474.5 billion in 2025, and is projected to be worth USD 665.5 billion by 2033, growing at a CAGR of 4.7% from 2024 to 2033. The upstream sector, which includes exploration, development, and production, dominated the U.S. market in 2024.

Conversion of Waste Plastics into Low-Carbon Fuels and Chemical Feedstocks (Renewable Energy)

As of the current information, specific addressable market sizes for the conversion of waste plastics into low-carbon fuels and chemical feedstocks, bio-fuel products, or sustainable aviation fuels directly attributable to HUSA's new operational focus are not explicitly detailed in the provided search results. While HUSA has acquired Abundia Global Impact Group (AGIG) to pursue this strategic transformation, and is developing a plastics recycling facility and innovation hub in Texas, the overall market size for these specific new product lines is not available.

AI Generated Analysis | Feedback

Houston American Energy (HUSA) is undergoing a significant strategic transformation, shifting its focus from traditional oil and gas exploration to becoming an integrated energy and technology company with a strong emphasis on renewable energy. The expected drivers of future revenue growth over the next 2-3 years are primarily tied to this pivot and include:

Expansion into Renewable Fuels and Chemicals through Acquisitions: A primary driver of future revenue growth for HUSA is its strategic acquisition of Abundia Global Impact Group (AGIG) and RPD Technologies. AGIG specializes in converting waste plastics into high-value, low-carbon fuels and chemical feedstocks, positioning HUSA to capitalize on the growing renewable energy market. The RPD Technologies acquisition is expected to contribute established revenue from petrochemical clients and technical expertise, with both entities co-locating to foster operational efficiencies and expanded services.
Commercialization of Plastics Recycling Technology and Facilities: HUSA plans to construct the Abundia Innovation Center and its inaugural plastics recycling plant at Cedar Port Industrial Park in Baytown, Texas. This facility aims to convert plastic waste into renewable fuels and chemical products, marking a direct avenue for new revenue streams as these operations scale. Groundbreaking for the first phase of this development occurred in October 2025.
Entry into the Sustainable Aviation Fuel (SAF) Market: The acquired AGIG technology, which focuses on converting waste into valuable fuels, is specifically targeting the high-growth market for sustainable aviation fuel (SAF). This represents a significant new market for HUSA, with the potential for substantial revenue generation as demand for low-carbon aviation solutions increases.
Diversification within the Energy Transition Sector: HUSA's overall strategy is to diversify its portfolio within the broader energy transition sector. By moving beyond its traditional oil and gas assets, the company aims to tap into emerging opportunities in sustainable fuels and energy transition technologies, thereby creating new avenues for revenue growth and shareholder value.

AI Generated Analysis | Feedback

Houston American Energy (HUSA) has made the following capital allocation decisions over the last 3-5 years:

Share Issuance

In January 2025, Houston American Energy announced a registered direct offering of 2,600,000 shares of common stock at $1.70 per share, expected to generate gross proceeds of approximately $4,420,000.
In June 2025, the company announced a registered direct offering of 223,762 shares of common stock (or pre-funded warrants) at $10.60 per share, expected to raise approximately $2.37 million in gross proceeds, with net proceeds of about $2.1 million intended for general corporate purposes.
Also in June 2025, HUSA entered into a definitive agreement to sell 81,629 shares of common stock at $14.80 per share, expected to generate gross proceeds of approximately $1.2 million, with net proceeds of roughly $1 million for general corporate purposes.
In April 2025, a special meeting was planned to approve the issuance of 245,755,684 shares of common stock as part of a Share Exchange Agreement to acquire Abundia Global Impact Group, LLC (AGIG), which would result in Abundia Financial owning approximately 84.6% of HUSA's common stock. The proposal also included an increase in the number of authorized shares of common stock from 20,000,000 to 300,000,000.
In January 2020, Houston American Energy raised $4.49 million in net proceeds from the sale of common stock under an "at-the-market" (ATM) sales program at an average price of $0.21 per share.

Outbound Investments

In July 2025, HUSA acquired Abundia Global Impact Group, LLC (AGIG), a technology-driven platform specializing in the conversion of waste plastics into low-carbon fuels and chemical feedstocks.

Capital Expenditures

In January 2020, proceeds from a stock sale were expected to fully fund the company's 2020 drilling budget and establish a cash reserve for operations and future projects.
In October 2025, Houston American Energy and its wholly-owned subsidiary, Abundia Global Impact Group (AGIG), announced the groundbreaking for Phase One of the Cedar Port development plan in Baytown, Texas, which includes the construction of the Abundia Innovation Center and a Research and Development Facility.

Better Bets than Houston American Energy (HUSA)

	HUSA	Better Performance than HUSA
Metric	Value	INDUSTRY: Oil & Gas Exploration & Production
Rev Chg LTM	-18.2%	FANG (60.1%), CNQ (8.3%), COP (8.2%), OXY (0.1%), EOG (-5.0%)
Rev Chg 3Y Avg	-30.3%	FANG (20.8%), CNQ (-2.4%), COP (-6.6%), OXY (-6.8%), EOG (-7.6%)
Op Mgn LTM	-910.1%	FANG (36.5%), EOG (33.4%), COP (21.0%), CNQ (20.3%), OXY (20.1%)
CFO/Rev LTM	-871.6%	FANG (57.3%), EOG (45.2%), OXY (44.7%), COP (33.3%), CNQ (33.2%)
FCF/Rev LTM	-871.6%	CNQ (18.2%), OXY (17.6%), EOG (17.2%), COP (11.9%), FANG (-7.2%)
Total Yield	-63.6%	CNQ (17.1%), FANG (12.9%), EOG (12.6%), COP (10.8%), OXY (5.8%)
P/S	33.7	CNQ (1.5), OXY (1.5), COP (2.0), EOG (2.7), FANG (2.7)
P/Op Inc	-3.7

	HUSA	Better Performance than HUSA
Metric	Value	SECTOR: Energy
Rev Chg LTM	-18.2%	ENB (32.3%), WMB (9.0%), COP (8.2%), XOM (-3.3%), CVX (-3.6%)
Rev Chg 3Y Avg	-30.3%	ENB (8.6%), WMB (0.8%), XOM (-2.1%), CVX (-6.2%), COP (-6.6%)
Op Mgn LTM	-910.1%	WMB (34.3%), COP (21.0%), ENB (17.4%), XOM (11.4%), CVX (8.1%)
CFO/Rev LTM	-871.6%	WMB (48.2%), COP (33.3%), ENB (20.0%), CVX (17.0%), XOM (16.5%)
FCF/Rev LTM	-871.6%	WMB (15.0%), COP (11.9%), XOM (8.8%), CVX (8.2%), ENB (6.3%)
Total Yield	-63.6%	ENB (12.9%), COP (10.8%), XOM (10.3%), CVX (8.3%), WMB (6.2%)
P/S	33.7	XOM (1.4), CVX (1.6), ENB (1.7), COP (2.0), WMB (6.7)
P/Op Inc	-3.7

	HUSA	Better Performance than HUSA
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	-18.2%	NVDA (71.6%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%), AAPL (6.0%)
Rev Chg 3Y Avg	-30.3%	NVDA (92.0%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%), AAPL (1.8%)
Op Mgn LTM	-910.1%	NVDA (58.1%), MSFT (46.3%), GOOGL (32.2%), AAPL (31.9%), AMZN (11.4%)
CFO/Rev LTM	-871.6%	MSFT (50.0%), NVDA (46.6%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	-871.6%	NVDA (43.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%), AMZN (2.0%)
Total Yield	-63.6%	GOOGL (4.6%), MSFT (3.4%), AMZN (3.0%), AAPL (3.0%), NVDA (2.3%)
P/S	33.7	AMZN (3.5), GOOGL (7.6), AAPL (9.3), MSFT (13.1), NVDA (23.3)
P/Op Inc	-3.7

		Best Bets In Energy Sector
	HUSA
What You Pay
P/E	-1.6
P/EBIT	-3.7
What You Get
Rev Chg Q	-4.5%
Rev Chg LTM	-18.2%
Rev Chg 3Y Avg	-30.3%
FCF/Rev 3Y Avg	-271.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 5.4%, alpha of -0.1%, and sharpe of 0.25

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Houston American Energy Stock Drop Looks Sharp, But How Deep Can It Go?	Return

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to HUSA. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
WHD_11212025_Dip_Buyer_ValueBuy	11212025	WHD	Cactus	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	8.3%	8.3%	0.0%
OVV_10172025_Dip_Buyer_FCFYield	10172025	OVV	Ovintiv	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	13.3%	13.3%	0.0%
COP_10102025_Dip_Buyer_FCFYield	10102025	COP	ConocoPhillips	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-2.3%
HAL_10102025_Dip_Buyer_FCFYield	10102025	HAL	Halliburton	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	22.5%	22.5%	-0.7%
OXY_10102025_Dip_Buyer_FCFYield	10102025	OXY	Occidental Petroleum	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-0.4%	-0.4%	-5.7%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
WHD_11212025_Dip_Buyer_ValueBuy	11212025	WHD	Cactus	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	8.3%	8.3%	0.0%
OVV_10172025_Dip_Buyer_FCFYield	10172025	OVV	Ovintiv	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	13.3%	13.3%	0.0%
COP_10102025_Dip_Buyer_FCFYield	10102025	COP	ConocoPhillips	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-2.3%
HAL_10102025_Dip_Buyer_FCFYield	10102025	HAL	Halliburton	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	22.5%	22.5%	-0.7%
OXY_10102025_Dip_Buyer_FCFYield	10102025	OXY	Occidental Petroleum	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-0.4%	-0.4%	-5.7%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Houston American Energy

Peers to compare with:

Financials

	HUSA	COP	CNQ	EOG	FANG	OXY	Median
Name	Houston .	ConocoPh.	Canadian.	EOG Reso.	Diamondb.	Occident.
Mkt Price	2.27	91.81	34.13	111.51	158.38	42.45	67.13
Mkt Cap	0.0	114.3	71.3	60.3	45.7	41.8	53.0
Rev LTM	1	59,788	44,521	22,579	15,284	27,150	24,864
Op Inc LTM	-5	12,549	9,022	7,539	5,584	5,457	6,562
FCF LTM	-4	7,088	8,124	3,891	-1,094	4,776	4,334
FCF 3Y Avg	-1	8,910	8,284	5,167	-1,966	5,745	5,456
CFO LTM	-4	19,935	14,770	10,195	8,756	12,146	11,170
CFO 3Y Avg	-1	20,720	13,874	11,453	6,730	12,366	11,909

Growth & Margins

	HUSA	COP	CNQ	EOG	FANG	OXY	Median
Name	Houston .	ConocoPh.	Canadian.	EOG Reso.	Diamondb.	Occident.
Rev Chg LTM	-18.2%	8.2%	8.3%	-5.0%	60.1%	0.1%	4.2%
Rev Chg 3Y Avg	-30.3%	-6.6%	-2.4%	-7.6%	20.8%	-6.8%	-6.7%
Rev Chg Q	-4.5%	15.3%	6.4%	-2.3%	48.2%	-5.9%	2.1%
QoQ Delta Rev Chg LTM	-1.0%	3.4%	1.5%	-0.6%	9.1%	-1.5%	0.5%
Op Mgn LTM	-910.1%	21.0%	20.3%	33.4%	36.5%	20.1%	20.6%
Op Mgn 3Y Avg	-432.0%	24.1%	21.9%	36.4%	46.8%	23.4%	23.8%
QoQ Delta Op Mgn LTM	-283.6%	-1.0%	-4.3%	-0.8%	-1.3%	-2.0%	-1.7%
CFO/Rev LTM	-871.6%	33.3%	33.2%	45.2%	57.3%	44.7%	39.0%
CFO/Rev 3Y Avg	-271.8%	35.6%	32.8%	49.0%	62.5%	43.1%	39.4%
FCF/Rev LTM	-871.6%	11.9%	18.2%	17.2%	-7.2%	17.6%	14.5%
FCF/Rev 3Y Avg	-271.9%	15.3%	19.6%	22.1%	-18.6%	19.7%	17.5%

Valuation

	HUSA	COP	CNQ	EOG	FANG	OXY	Median
Name	Houston .	ConocoPh.	Canadian.	EOG Reso.	Diamondb.	Occident.
Mkt Cap	0.0	114.3	71.3	60.3	45.7	41.8	53.0
P/S	33.7	2.0	1.5	2.7	2.7	1.5	2.3
P/EBIT	-3.7	8.1	7.6	8.3	6.9	8.8	7.8
P/E	-1.6	13.3	10.0	11.0	9.9	17.2	10.5
P/CFO	-3.9	5.9	4.5	5.9	4.7	3.4	4.6
Total Yield	-63.6%	10.8%	17.1%	12.6%	12.9%	5.8%	11.7%
Dividend Yield	0.0%	3.3%	7.1%	3.5%	2.7%	0.0%	3.0%
FCF Yield 3Y Avg	-7.9%	6.9%	12.0%	7.6%	-5.2%	11.6%	7.3%
D/E	0.0	0.2	0.3	0.1	0.4	0.6	0.2
Net D/E	-0.4	0.1	0.3	0.1	0.4	0.5	0.2

Returns

	HUSA	COP	CNQ	EOG	FANG	OXY	Median
Name	Houston .	ConocoPh.	Canadian.	EOG Reso.	Diamondb.	Occident.
1M Rtn	-57.4%	4.6%	6.8%	5.6%	12.9%	3.7%	5.1%
3M Rtn	-72.2%	-2.1%	10.7%	-6.6%	12.1%	-8.3%	-4.4%
6M Rtn	-53.0%	8.7%	13.4%	2.5%	15.3%	2.4%	5.6%
12M Rtn	-82.8%	-10.4%	5.1%	-12.5%	-7.3%	-14.0%	-11.5%
3Y Rtn	-94.3%	-16.5%	31.6%	-9.3%	23.4%	-34.8%	-12.9%
1M Excs Rtn	-57.4%	4.7%	6.8%	5.6%	12.9%	3.8%	5.1%
3M Excs Rtn	-76.6%	-8.6%	4.9%	-12.8%	6.4%	-14.3%	-10.7%
6M Excs Rtn	-67.7%	-6.0%	-1.4%	-12.2%	0.5%	-12.3%	-9.1%
12M Excs Rtn	-97.2%	-25.9%	-7.2%	-27.0%	-21.8%	-27.9%	-26.4%
3Y Excs Rtn	-167.0%	-90.4%	-39.2%	-80.6%	-47.9%	-107.7%	-85.5%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	6/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	8/15/2025	2/24/2025	4/2/2024	3/31/2023	3/31/2022	4/1/2021	3/30/2020
Key Financials
Total Revenue	1	1	1	2	1	1	1
EBITDA	-4	-2	-1	-1	-1	-4	-2
Operating Income	-5	-3	-2	-1	-1	-2	-2
Net Income	-11	-8	-3	-1	-1	-4	-3
EPS	-9.01	-7.30	-3.00	-0.70	-1.10	-6.20	-5.20
Growth Rates
Total Revenue Growth	-18.2%	-29.5%	-51.5%	23.2%	140.8%	-44.7%	-57.7%
EBITDA Growth	-216.2%	-59.5%	-186.1%	27.0%	80.3%	-95.6%	-1806.0%
Operating Income Growth	-190.0%	-51.3%	-118.5%	24.8%	37.8%	-4.8%	-369.8%
Net Income Growth	-250.6%	-155.9%	-331.5%	27.1%	74.7%	-60.5%	-900.9%
Margins
EBITDA Margin	-862.4%	-417.2%	-184.5%	-31.3%	-52.7%	-643.3%	-182.0%
Operating Income Margin	-910.1%	-459.1%	-214.1%	-47.5%	-77.7%	-301.2%	-159.1%
Net Income Margin	-2146.6%	-1466.7%	-404.4%	-45.4%	-76.8%	-730.9%	-252.1%
Cash & Debt
Total Cash	7	3	4	5	5	1	0
Total Debt	0	0	0	0	0	0	1
Net Debt / (Cash)	-7	-3	-4	-4	-5	-1	1
Cash Flows
Net Cash from Operations	-4	-2	0	-0	-1	-1	-1
Free Cash from Operations	-4	-2	0	-0	-1	-2	-1
Returns to Shareholders
Dividends	0	-0	-0	-0	0	0	0
Share Repurchases	-0	-0	-0	-0	2	-0	-0

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	8/15/2025	5/9/2025	2/24/2025	11/14/2024	8/14/2024	5/15/2024	4/2/2024	11/14/2023	8/14/2023	5/15/2023	3/31/2023	11/14/2022
Key Financials Quarterly
Total Revenue	0	0	0	0	0	0	0	0	0	0	0	0
Ebitda	-2	-1	-1	-0	-0	-0	-0	-0	-1	-0	-0	-0
Operating Income	-2	-1	-1	-0	-0	-0	-0	-0	-1	-0	-0	-0
Net Income	-2	-1	-8	-0	-0	-0	-3	0	-0	0	-0	-0
EPS	-1.11	-0.70	-7.10	-0.10	-0.08	0.00	-3.03	0.20	-0.30	0.10	-0.10	-0.40
Key Financials TTM
Total Revenue TTM	1	1	1	1	1	1	1	1	1	1	2	2
Ebitda TTM	-4	-3	-2	-1	-1	-2	-1	-1	-1	-1	-1	-1
Operating Income TTM	-5	-3	-3	-2	-2	-2	-2	-2	-2	-1	-1	-1
Net Income TTM	-11	-9	-8	-3	-3	-3	-3	-0	-1	-0	-1	-1
Growth Rates Quarterly
Total Revenue Growth	-4.5%	-30.7%	-32.5%	15.3%	-43.3%	-35.8%	-24.1%	-73.6%	-55.9%	-45.7%	-20.3%	47.1%
EBITDA Growth	-383.0%	-187.1%	-301.3%	-4.7%	39.1%	-80.2%	-102.9%	-7.7%	-959.1%	-111.2%	14.1%	-5.8%
Operating Income Growth	-344.2%	-160.2%	-248.0%	-8.8%	37.7%	-56.7%	-78.2%	-0.2%	-31371.0%	-57.1%	40.6%	-14.3%
Net Income Growth	-1914.7%	-6476.7%	-146.0%	-164.8%	70.3%	-115.1%	-1588.4%	157.1%	-6981.6%	162.9%	46.2%	-11.5%
Margins Quarterly
EBITDA Margin	-1589.1%	-996.5%	-744.2%	-291.1%	-314.1%	-240.5%	-125.2%	-320.4%	-292.3%	-85.7%	-46.8%	-78.7%
Operating Income Margin	-1648.5%	-1037.7%	-790.2%	-336.5%	-354.3%	-276.3%	-153.3%	-356.4%	-322.4%	-113.2%	-65.3%	-94.1%
Net Income Margin	-1623.5%	-1008.8%	-4786.1%	-111.2%	-76.9%	-10.6%	-1313.1%	197.7%	-147.0%	45.3%	-59.1%	-91.6%
Cash & Debt
Total Cash	7	5	3	3	3	4	4	4	6	5	5	4
Total Debt	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt / (Cash)	-7	-5	-3	-3	-3	-4	-4	-4	-5	-5	-4	-4
Cash Flows Quarterly
FCF from Operations	-2	-1	-1	-0	-0	0	0	0	-0	0	-0	-0
Cash Flows TTM
FCF from Operations TTM	-4	-3	-2	-0	1	0	0	0	-0	-0	-0	-0
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-8.1%	-4.8%	-6.1%	-2.1%	-2.0%	-2.0%	-1.8%	-1.9%	-3.2%	-1.3%	-1.1%	-2.0%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-5.2%	-3.7%	-3.0%	-1.9%	-1.9%	-2.2%	-2.0%	-1.9%	-1.9%	-1.1%	-1.0%	-1.2%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Oil sales	1	1	1	0	1
Natural gas liquids sales	0	0	0	0	0
Natural gas sales	0	0	0	0	0
Total	1	2	1	1	1

Price Behavior

Price Behavior

Market Price	$2.27
Market Cap ($ Bil)	0.0
First Trading Date	01/22/2002
Distance from 52W High	-90.4%
	50 Days	200 Days
DMA Price	$5.12	$7.87
DMA Trend	down	down
Distance from DMA	-55.6%	-71.2%
	3M	1YR
Volatility	101.4%	195.2%
Downside Capture	413.15	40.12
Upside Capture	-291.51	-138.32
Correlation (SPY)	16.7%	4.3%

HUSA Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.72	1.94	1.42	-3.33	0.43	0.10
Up Beta	-2.89	-0.71	-0.91	-0.91	1.00	0.61
Down Beta	8.77	4.91	4.65	-3.69	1.20	0.44
Up Capture	-384%	-203%	-208%	-145%	-43%	-6%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	8	17	25	58	108	321
Down Capture	515%	376%	320%	-392%	62%	54%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	12	25	38	67	136	394

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of HUSA With Other Asset Classes (Last 1Y)
	HUSA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-83.6%	-1.1%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	194.0%	24.6%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	-0.20	-0.09	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		23.4%	4.4%	10.0%	35.6%	3.6%	11.6%

ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of HUSA With Other Asset Classes (Last 5Y)
	HUSA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-34.6%	22.4%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	254.7%	27.1%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	0.34	0.76	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		18.4%	-2.4%	9.7%	21.1%	-1.3%	1.5%

Based On 10-Year Data

		Comparison of HUSA With Other Asset Classes (Last 10Y)
	HUSA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-20.5%	7.1%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	199.5%	29.9%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.34	0.29	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		15.6%	1.8%	6.9%	17.8%	1.3%	1.6%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	344,682
Short Interest: % Change Since 10312025	-1.3%
Average Daily Volume	138,681
Days-to-Cover Short Interest	2.49
Basic Shares Quantity	1,623,011
Short % of Basic Shares	21.2%

Returns Analyses

	Title
0	Houston American Energy Stock Drop Looks Sharp, But How Deep Can It Go?

SEC Filings

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Report Date	Filing Date	Filing
6302025	8152025	10-Q 6/30/2025
3312025	5092025	10-Q 3/31/2025
12312024	2242025	10-K 12/31/2024
9302024	11142024	10-Q 9/30/2024
6302024	8142024	10-Q 6/30/2024
3312024	5152024	10-Q 3/31/2024
12312023	4022024	10-K 12/31/2023
9302023	11142023	10-Q 9/30/2023
6302023	8142023	10-Q 6/30/2023
3312023	5152023	10-Q 3/31/2023
12312022	3312023	10-K 12/31/2022
9302022	11142022	10-Q 9/30/2022
6302022	8152022	10-Q 6/30/2022
3312022	5162022	10-Q 3/31/2022
12312021	3312022	10-K 12/31/2021
9302021	11122021	10-Q 9/30/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Houston American Energy (HUSA)

Market Price (12/4/2025): $2.14 | Market Cap: $3.5 MilSector: Energy | Industry: Oil & Gas Exploration & Production

Houston American Energy (HUSA)

Market Price (12/4/2025): $2.14Market Cap: $3.5 MilSector: EnergyIndustry: Oil & Gas Exploration & Production

Valuation, Metrics & Events

HUSA Stock

Why The Stock Moved

Qualitative Assessment

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About Houston American Energy (HUSA)

Oil and Natural Gas Exploration & Production

Conversion of Waste Plastics into Low-Carbon Fuels and Chemical Feedstocks (Renewable Energy)

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Market Price (12/4/2025): $2.14 | Market Cap: $3.5 Mil
Sector: Energy | Industry: Oil & Gas Exploration & Production

Market Price (12/4/2025): $2.14
Market Cap: $3.5 Mil
Sector: Energy
Industry: Oil & Gas Exploration & Production