Houston American Energy (HUSA)

• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

Market Cap: 13.5M

About: Houston American Energy Corp is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. Its properties, and operations, are in the U.S. Permian Basin, the U.S. Gulf Coast region, particularly Texas and Louisiana, and the South American country of Colombia. The company's exploration and development projects are focused on existing property interests, and future acquisition of additional property interests, in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and the South American country of Colombia. The Company majorly has operations in two geographical areas, the United States and Colombia.

Employees: 2

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1,363% more call options, than puts

Call options by funds: $234K | Put options by funds: $16K

11% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 9

0.41% more ownership

Funds ownership: 12.18% [Q4 2023] → 12.59% (+0.41%) [Q1 2024]

3% less funds holding

Funds holding: 30 [Q4 2023] → 29 (-1) [Q1 2024]

23% less capital invested

Capital invested by funds: $2.38M [Q4 2023] → $1.83M (-$551K) [Q1 2024]

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3