Houston American Energy Corp. (HUSA) 10-Year Financial Performance & Capital Metrics

HUSA • • Industrial / General

EnergyOil & Gas E&PConventional Onshore E&PSmall-Scale Diversified Operators

AboutHouston 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.Show more

Revenue $560K -29.5%
EBITDA -$9M -515.7%
Net Income -$8M -155.9%
EPS (Diluted) -7.30 -145.0%
Gross Margin -62.01% -422.7%
EBITDA Margin -1607.6% -772.8%
Operating Margin -1649.57% -670.5%
Net Margin -1466.69% -262.7%
ROE -115.7% -283.9%
ROIC -187.3% -859.6%
Debt/Equity 0.02 +15.4%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Trading at only 0.6x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 2 (bottom 2%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 10.9% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y4.42%

5Y-10.91%

3Y-25.04%

TTM-40.76%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-209.37%

EPS CAGR

10Y-

5Y-

3Y-

TTM-183.78%

ROCE

10Y Avg-41.7%

5Y Avg-45.79%

3Y Avg-50.37%

Latest-128.4%

Peer Comparison

Small-Scale Diversified Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MXCMexco Energy Corporation	20.5M	10.02	12.37	11.4%	22.47%	8.71%	4.16%	0.01
HUSAHouston American Energy Corp.	79.74M	2.16	-0.30	-29.45%	-28.45%	-65.55%		0.02
EPEmpire Petroleum Corporation	112.24M	3.22	-5.96	9.71%	-46.51%	-32.27%		0.19

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	429.44K	165.91K	630.39K	2.36M	997.99K	552.35K	1.33M	1.64M	794.03K	560.18K
Revenue Growth %	0.18%	-0.61%	2.8%	2.74%	-0.58%	-0.45%	1.41%	0.23%	-0.52%	-0.29%
Cost of Goods Sold+	904.82K	399.99K	377.92K	1.27M	1.23M	768.78K	871.82K	836.49K	641.45K	907.56K
COGS % of Revenue	2.11%	2.41%	0.6%	0.54%	1.23%	1.39%	0.66%	0.51%	0.81%	1.62%
Gross Profit+	-475.39K	-234.07K	252.47K	1.08M	-230.27K	-216.44K	458.38K	802.35K	152.57K	-347.38K
Gross Margin %	-1.11%	-1.41%	0.4%	0.46%	-0.23%	-0.39%	0.34%	0.49%	0.19%	-0.62%
Gross Profit Growth %	-3.33%	0.51%	2.08%	3.3%	-1.21%	0.06%	3.12%	0.75%	-0.81%	-3.28%
Operating Expenses+	1.54M	1.83M	2.13M	1.42M	1.36M	3.97M	1.49M	1.58M	4.73M	2.22M
OpEx % of Revenue	3.59%	11.03%	3.38%	0.6%	1.36%	7.18%	1.12%	0.96%	5.96%	3.97%
Selling, General & Admin	1.54M	1.83M	2.13M	1.42M	1.36M	1.45M	1.49M	1.58M	1.85M	2.22M
SG&A % of Revenue	3.59%	11.03%	3.38%	0.6%	1.36%	2.62%	1.12%	0.96%	2.33%	3.97%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	10K	0	0	2.52M	0	0	2.88M	0
Operating Income+	-3.73M	-2.65M	-1.88M	-337.99K	-2.33M	-4.18M	-1.03M	-777.92K	-1.7M	-9.24M
Operating Margin %	-8.7%	-15.97%	-2.98%	-0.14%	-2.34%	-7.57%	-0.78%	-0.47%	-2.14%	-16.5%
Operating Income Growth %	0.06%	0.29%	0.29%	0.82%	-5.9%	-0.79%	0.75%	0.25%	-1.19%	-4.44%
EBITDA+	-2.98M	-2.35M	-1.71M	22.93K	-1.81M	-3.73M	-710.27K	-567.88K	-1.46M	-9.01M
EBITDA Margin %	-6.93%	-14.14%	-2.72%	0.01%	-1.82%	-6.75%	-0.53%	-0.35%	-1.84%	-16.08%
EBITDA Growth %	0.17%	0.21%	0.27%	1.01%	-80.09%	-1.06%	0.81%	0.2%	-1.58%	-5.16%
D&A (Non-Cash Add-back)	756.76K	303.33K	163.7K	360.92K	520.48K	455.46K	323.92K	210.04K	237.41K	235.12K
EBIT	-2.02M	-2.64M	-1.87M	-251.34K	-2.33M	-4.01M	-1.02M	-777.92K	-3.21M	-8.22M
Net Interest Income+	20.53K	7.21K	-171.42K	102	-182.01K	-19.01K	12.67K	33.64K	148.56K	101.74K
Interest Income	20.53K	7.21K	184	102	1.96K	12.75K	12.96K	33.64K	148.56K	101.74K
Interest Expense	0	0	171.6K	0	183.97K	31.76K	296	0	0	0
Other Income/Expense	-76.57K	7.21K	-161.42K	86.66K	-182.01K	145.7K	12.67K	33.64K	1.37M	1.02M
Pretax Income+	-3.81M	-2.64M	-2.04M	-251.34K	-2.52M	-4.04M	-1.02M	-744.28K	-3.21M	-8.22M
Pretax Margin %	-8.88%	-15.92%	-3.23%	-0.11%	-2.52%	-7.31%	-0.77%	-0.45%	-4.04%	-14.67%
Income Tax+	18.86K	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Net Income+	-3.83M	-2.64M	-2.04M	-251.34K	-2.52M	-4.04M	-1.02M	-744.28K	-3.21M	-8.22M
Net Margin %	-8.92%	-15.92%	-3.23%	-0.11%	-2.52%	-7.31%	-0.77%	-0.45%	-4.04%	-14.67%
Net Income Growth %	0.12%	0.31%	0.23%	0.88%	-9.01%	-0.6%	0.75%	0.27%	-3.31%	-1.56%
Net Income (Continuing)	-3.83M	-2.64M	-2.04M	-251.34K	-2.52M	-4.04M	-1.02M	-744.28K	-3.21M	-8.22M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.92	-0.64	-0.47	-0.05	-0.51	-6.15	-1.09	-0.75	-2.98	-7.30
EPS Growth %	0.12%	0.3%	0.27%	0.89%	-8.85%	-11.06%	0.82%	0.31%	-2.97%	-1.45%
EPS (Basic)	-0.92	-0.64	-0.47	-0.05	-0.51	-6.15	-1.09	-0.75	-2.98	-7.30
Diluted Shares Outstanding	417.3K	411.8K	431K	484.9K	527.6K	693.9K	967.2K	996.1K	1.08M	1.09M
Basic Shares Outstanding	417.3K	411.8K	431K	484.9K	527.6K	693.9K	967.2K	996.1K	1.08M	1.09M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.42M	484.92K	743.36K	958.13K	217.62K	1.37M	5.19M	4.8M	4.17M	3.21M
Cash & Short-Term Investments	2.12M	481.17K	392.06K	755.7K	97.92K	1.24M	4.89M	4.55M	4.06M	2.96M
Cash Only	2.12M	481.17K	392.06K	755.7K	97.92K	1.24M	4.89M	4.55M	4.06M	2.96M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	262.02K	0	347.55K	136.04K	80.19K	95.76K	214.66K	164.57K	71.74K	75.07K
Days Sales Outstanding	222.7	-	201.23	21.07	29.33	63.28	58.9	36.65	32.98	48.92
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	3.75K	3.75K	66.38K	39.51K	0	0	84.54K	35.24K	175.87K
Total Non-Current Assets+	3.14M	2.46M	6.82M	6.86M	6.85M	5.47M	5.54M	6.94M	6.21M	1.19M
Property, Plant & Equipment	3.13M	2.46M	6.81M	6.86M	6.65M	5.2M	5.08M	4.84M	1.7M	1.19M
Fixed Asset Turnover	0.14x	0.07x	0.09x	0.34x	0.15x	0.11x	0.26x	0.34x	0.47x	0.47x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	197.01K	260.4K	455.78K	2.1M	4.51M	0
Other Non-Current Assets	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K
Total Assets+	5.56M	2.95M	7.56M	7.82M	7.07M	6.84M	10.73M	11.73M	10.38M	4.4M
Asset Turnover	0.08x	0.06x	0.08x	0.30x	0.14x	0.08x	0.12x	0.14x	0.08x	0.13x
Asset Growth %	-0.7%	-0.47%	1.57%	0.03%	-0.1%	-0.03%	0.57%	0.09%	-0.12%	-0.58%
Total Current Liabilities+	39.51K	61.13K	151.66K	62.76K	966.04K	231.66K	141.96K	195.16K	248.93K	138.31K
Accounts Payable	23.2K	50.12K	127.04K	61.83K	270.12K	120.14K	69.61K	113.74K	156.57K	49.54K
Days Payables Outstanding	9.36	45.74	122.69	17.74	80.27	57.04	29.14	49.63	89.09	19.92
Short-Term Debt	0	0	0	0	695.48K	110.58K	0	65.39K	75.28K	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	-97.89K	-110.58K	0	-65.39K	-75.28K	0
Current Ratio	61.35x	7.93x	4.90x	15.27x	0.23x	5.93x	36.59x	24.58x	16.74x	23.22x
Quick Ratio	61.35x	7.93x	4.90x	15.27x	0.23x	5.93x	36.59x	24.58x	16.74x	23.22x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	25.26K	27.44K	84.9K	82.72K	263.6K	171.79K	279.95K	219.15K	134.17K	57.18K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	219.41K	107.86K	211.74K	146.36K	71.08K	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	25.26K	27.44K	84.9K	82.72K	44.19K	63.93K	68.21K	72.79K	63.08K	57.18K
Total Liabilities	64.77K	88.57K	236.56K	145.48K	1.23M	403.45K	421.91K	414.31K	383.1K	195.49K
Total Debt+	0	0	0	0	1.01M	218.44K	268.92K	211.74K	146.36K	71.08K
Net Debt	-2.12M	-481.17K	-392.06K	-755.7K	914.86K	-1.02M	-4.63M	-4.34M	-3.91M	-2.89M
Debt / Equity	-	-	-	-	0.17x	0.03x	0.03x	0.02x	0.01x	0.02x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-32.96x	-	-	-	-	-	-
Interest Coverage	-	-	-10.93x	-	-12.68x	-131.70x	-3493.91x	-	-	-
Total Equity+	5.5M	2.86M	7.32M	7.68M	5.84M	6.44M	10.31M	11.32M	10M	4.21M
Equity Growth %	-0.41%	-0.48%	1.56%	0.05%	-0.24%	0.1%	0.6%	0.1%	-0.12%	-0.58%
Book Value per Share	13.17	6.94	16.99	15.83	11.07	9.28	10.66	11.36	9.27	3.86
Total Shareholders' Equity	5.5M	2.86M	7.32M	7.68M	5.84M	6.44M	10.31M	11.32M	10M	4.21M
Common Stock	52.17K	52.17K	59.26K	62.42K	65.95K	6.98K	9.93K	10.33K	10.91K	13.09K
Retained Earnings	-60.54M	-63.18M	-65.22M	-65.47M	-67.98M	-72.02M	-73.04M	-73.79M	-77M	-85.22M
Treasury Stock	-38.15K	-174.13K	0	0	57.21M	0	0	0	0	0
Accumulated OCI	-54.68M	-55.56M	-55.73M	-56.08M	-57.27M	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.84M	-1.3M	-1.72M	360.79K	-725.02K	-864.79K	-680.69K	-228.96K	263.19K	-1.54M
Operating CF Margin %	-4.28%	-7.82%	-2.72%	0.15%	-0.73%	-1.57%	-0.51%	-0.14%	0.33%	-2.74%
Operating CF Growth %	-0.05%	0.29%	-0.32%	1.21%	-3.01%	-0.19%	0.21%	0.66%	2.15%	-6.84%
Net Income	-3.83M	-2.64M	-2.04M	-251.34K	-2.52M	-4.04M	-1.02M	-744.28K	-3.21M	-8.22M
Depreciation & Amortization	758.09K	303.33K	163.7K	360.92K	515.05K	452.18K	319.64K	265.76K	237.41K	235.12K
Stock-Based Compensation	91.63K	138.91K	306K	96.62K	156.09K	434.58K	323.61K	206.21K	238.31K	101.51K
Deferred Taxes	0	0	0	0	745.69K	2.52M	0	0	0	0
Other Non-Cash Items	2.48M	1.15M	322.44K	360.92K	167.97K	26.75K	4.28K	4.58K	2.88M	6.67M
Working Capital Changes	-575.57K	56.12K	-307.67K	154.59K	205.88K	-260.25K	-306.69K	38.76K	117.93K	-325.67K
Change in Receivables	8.61M	0	-347.55K	211.51K	55.85K	-15.57K	-118.9K	50.09K	92.84K	-3.34K
Change in Inventory	0	0	0	0	-305.7K	136.8K	89.7K	0	0	0
Change in Payables	-552.27K	21.62K	-9.37K	11K	305.7K	-136.8K	-89.7K	53.2K	41.17K	-106.43K
Cash from Investing+	-52.56K	-209.22K	-4.41M	-505.41K	-889.33K	-1.57M	-238.18K	-1.66M	-2.4M	-1.89M
Capital Expenditures	-168.68K	-209.22K	-4.41M	-505.41K	-692.32K	-1.51M	-42.81K	-15.04K	0	0
CapEx % of Revenue	0.39%	1.26%	7%	0.21%	0.69%	2.73%	0.03%	0.01%	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	116.12K	0	0	0	0	1.49K	0	-1.65M	0	0
Cash from Financing+	-38.15K	-135.97K	6.04M	508.25K	956.56K	3.58M	4.57M	1.54M	1.65M	2.33M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-140.42K	-238.95K	-230.4K	-231.9K	-37.2K	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	1.19M	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-2.01M	-1.51M	-6.13M	-144.62K	-1.42M	-2.37M	-723.5K	-244.01K	263.19K	-1.54M
FCF Margin %	-4.67%	-9.08%	-9.72%	-0.06%	-1.42%	-4.3%	-0.54%	-0.15%	0.33%	-2.74%
FCF Growth %	0.61%	0.25%	-3.07%	0.98%	-8.8%	-0.68%	0.7%	0.66%	2.08%	-6.84%
FCF per Share	-4.81	-3.66	-14.22	-0.30	-2.69	-3.42	-0.75	-0.24	0.24	-1.41
FCF Conversion (FCF/Net Income)	0.48x	0.49x	0.84x	-1.44x	0.29x	0.21x	0.67x	0.31x	-0.08x	0.19x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	18.86K	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-51.88%	-63.26%	-40.03%	-3.35%	-37.22%	-65.76%	-12.2%	-6.88%	-30.13%	-115.7%
Return on Invested Capital (ROIC)	-65.21%	-69.14%	-30.24%	-3.66%	-25.6%	-51.56%	-13.97%	-9.21%	-19.52%	-187.3%
Gross Margin	-110.7%	-141.09%	40.05%	46.02%	-23.07%	-39.19%	34.46%	48.96%	19.22%	-62.01%
Net Margin	-891.92%	-1592.2%	-323.23%	-10.66%	-252.08%	-730.9%	-76.82%	-45.41%	-404.43%	-1466.69%
Debt / Equity	-	-	-	-	0.17x	0.03x	0.03x	0.02x	0.01x	0.02x
Interest Coverage	-	-	-10.93x	-	-12.68x	-131.70x	-3493.91x	-	-	-
FCF Conversion	0.48x	0.49x	0.84x	-1.44x	0.29x	0.21x	0.67x	0.31x	-0.08x	0.19x
Revenue Growth	18.15%	-61.37%	279.96%	273.84%	-57.65%	-44.65%	140.83%	23.2%	-51.55%	-29.45%

Revenue by Segment

	2018	2022	2023	2024
Oil Sales	-	995.08K	590.49K	437.9K
Oil Sales Growth	-	-	-40.66%	-25.84%
Natural Gas Liquids Sales	-	266.22K	124.1K	113.41K
Natural Gas Liquids Sales Growth	-	-	-53.39%	-8.61%
Natural Gas Sales	-	377.53K	79.44K	8.87K
Natural Gas Sales Growth	-	-	-78.96%	-88.84%
Lease Bonus Revenue	113.33K	-	-	-
Lease Bonus Revenue Growth	-	-	-	-

Revenue by Geography

	2018	2022	2023	2024
North America	-	1.64M	794.03K	560.18K
North America Growth	-	-	-51.55%	-29.45%

Frequently Asked Questions

Growth & Financials

Houston American Energy Corp. (HUSA) reported $0.4M in revenue for fiscal year 2024. This represents a 67% decrease from $1.2M in 2011.

Houston American Energy Corp. (HUSA) saw revenue decline by 29.5% over the past year.

Houston American Energy Corp. (HUSA) reported a net loss of $10.8M for fiscal year 2024.

Dividend & Returns

Houston American Energy Corp. (HUSA) has a return on equity (ROE) of -115.7%. Negative ROE indicates the company is unprofitable.

Houston American Energy Corp. (HUSA) had negative free cash flow of $6.0M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

Houston American Energy Corp. (HUSA) 10-Year Financial Performance & Capital Metrics

HUSA • • Industrial / General

EnergyOil & Gas E&PConventional Onshore E&PSmall-Scale Diversified Operators

Revenue $560K -29.5%
EBITDA -$9M -515.7%
Net Income -$8M -155.9%
EPS (Diluted) -7.30 -145.0%
Gross Margin -62.01% -422.7%
EBITDA Margin -1607.6% -772.8%
Operating Margin -1649.57% -670.5%
Net Margin -1466.69% -262.7%
ROE -115.7% -283.9%
ROIC -187.3% -859.6%
Debt/Equity 0.02 +15.4%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Trading at only 0.6x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 2 (bottom 2%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 10.9% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y4.42%

5Y-10.91%

3Y-25.04%

TTM-40.76%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-209.37%

EPS CAGR

10Y-

5Y-

3Y-

TTM-183.78%

ROCE

10Y Avg-41.7%

5Y Avg-45.79%

3Y Avg-50.37%

Latest-128.4%

Peer Comparison

Small-Scale Diversified Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MXCMexco Energy Corporation	20.5M	10.02	12.37	11.4%	22.47%	8.71%	4.16%	0.01
HUSAHouston American Energy Corp.	79.74M	2.16	-0.30	-29.45%	-28.45%	-65.55%		0.02
EPEmpire Petroleum Corporation	112.24M	3.22	-5.96	9.71%	-46.51%	-32.27%		0.19

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	429.44K	165.91K	630.39K	2.36M	997.99K	552.35K	1.33M	1.64M	794.03K	560.18K
Revenue Growth %	0.18%	-0.61%	2.8%	2.74%	-0.58%	-0.45%	1.41%	0.23%	-0.52%	-0.29%
Cost of Goods Sold+	904.82K	399.99K	377.92K	1.27M	1.23M	768.78K	871.82K	836.49K	641.45K	907.56K
COGS % of Revenue	2.11%	2.41%	0.6%	0.54%	1.23%	1.39%	0.66%	0.51%	0.81%	1.62%
Gross Profit+	-475.39K	-234.07K	252.47K	1.08M	-230.27K	-216.44K	458.38K	802.35K	152.57K	-347.38K
Gross Margin %	-1.11%	-1.41%	0.4%	0.46%	-0.23%	-0.39%	0.34%	0.49%	0.19%	-0.62%
Gross Profit Growth %	-3.33%	0.51%	2.08%	3.3%	-1.21%	0.06%	3.12%	0.75%	-0.81%	-3.28%
Operating Expenses+	1.54M	1.83M	2.13M	1.42M	1.36M	3.97M	1.49M	1.58M	4.73M	2.22M
OpEx % of Revenue	3.59%	11.03%	3.38%	0.6%	1.36%	7.18%	1.12%	0.96%	5.96%	3.97%
Selling, General & Admin	1.54M	1.83M	2.13M	1.42M	1.36M	1.45M	1.49M	1.58M	1.85M	2.22M
SG&A % of Revenue	3.59%	11.03%	3.38%	0.6%	1.36%	2.62%	1.12%	0.96%	2.33%	3.97%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	10K	0	0	2.52M	0	0	2.88M	0
Operating Income+	-3.73M	-2.65M	-1.88M	-337.99K	-2.33M	-4.18M	-1.03M	-777.92K	-1.7M	-9.24M
Operating Margin %	-8.7%	-15.97%	-2.98%	-0.14%	-2.34%	-7.57%	-0.78%	-0.47%	-2.14%	-16.5%
Operating Income Growth %	0.06%	0.29%	0.29%	0.82%	-5.9%	-0.79%	0.75%	0.25%	-1.19%	-4.44%
EBITDA+	-2.98M	-2.35M	-1.71M	22.93K	-1.81M	-3.73M	-710.27K	-567.88K	-1.46M	-9.01M
EBITDA Margin %	-6.93%	-14.14%	-2.72%	0.01%	-1.82%	-6.75%	-0.53%	-0.35%	-1.84%	-16.08%
EBITDA Growth %	0.17%	0.21%	0.27%	1.01%	-80.09%	-1.06%	0.81%	0.2%	-1.58%	-5.16%
D&A (Non-Cash Add-back)	756.76K	303.33K	163.7K	360.92K	520.48K	455.46K	323.92K	210.04K	237.41K	235.12K
EBIT	-2.02M	-2.64M	-1.87M	-251.34K	-2.33M	-4.01M	-1.02M	-777.92K	-3.21M	-8.22M
Net Interest Income+	20.53K	7.21K	-171.42K	102	-182.01K	-19.01K	12.67K	33.64K	148.56K	101.74K
Interest Income	20.53K	7.21K	184	102	1.96K	12.75K	12.96K	33.64K	148.56K	101.74K
Interest Expense	0	0	171.6K	0	183.97K	31.76K	296	0	0	0
Other Income/Expense	-76.57K	7.21K	-161.42K	86.66K	-182.01K	145.7K	12.67K	33.64K	1.37M	1.02M
Pretax Income+	-3.81M	-2.64M	-2.04M	-251.34K	-2.52M	-4.04M	-1.02M	-744.28K	-3.21M	-8.22M
Pretax Margin %	-8.88%	-15.92%	-3.23%	-0.11%	-2.52%	-7.31%	-0.77%	-0.45%	-4.04%	-14.67%
Income Tax+	18.86K	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Net Income+	-3.83M	-2.64M	-2.04M	-251.34K	-2.52M	-4.04M	-1.02M	-744.28K	-3.21M	-8.22M
Net Margin %	-8.92%	-15.92%	-3.23%	-0.11%	-2.52%	-7.31%	-0.77%	-0.45%	-4.04%	-14.67%
Net Income Growth %	0.12%	0.31%	0.23%	0.88%	-9.01%	-0.6%	0.75%	0.27%	-3.31%	-1.56%
Net Income (Continuing)	-3.83M	-2.64M	-2.04M	-251.34K	-2.52M	-4.04M	-1.02M	-744.28K	-3.21M	-8.22M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.92	-0.64	-0.47	-0.05	-0.51	-6.15	-1.09	-0.75	-2.98	-7.30
EPS Growth %	0.12%	0.3%	0.27%	0.89%	-8.85%	-11.06%	0.82%	0.31%	-2.97%	-1.45%
EPS (Basic)	-0.92	-0.64	-0.47	-0.05	-0.51	-6.15	-1.09	-0.75	-2.98	-7.30
Diluted Shares Outstanding	417.3K	411.8K	431K	484.9K	527.6K	693.9K	967.2K	996.1K	1.08M	1.09M
Basic Shares Outstanding	417.3K	411.8K	431K	484.9K	527.6K	693.9K	967.2K	996.1K	1.08M	1.09M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.42M	484.92K	743.36K	958.13K	217.62K	1.37M	5.19M	4.8M	4.17M	3.21M
Cash & Short-Term Investments	2.12M	481.17K	392.06K	755.7K	97.92K	1.24M	4.89M	4.55M	4.06M	2.96M
Cash Only	2.12M	481.17K	392.06K	755.7K	97.92K	1.24M	4.89M	4.55M	4.06M	2.96M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	262.02K	0	347.55K	136.04K	80.19K	95.76K	214.66K	164.57K	71.74K	75.07K
Days Sales Outstanding	222.7	-	201.23	21.07	29.33	63.28	58.9	36.65	32.98	48.92
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	3.75K	3.75K	66.38K	39.51K	0	0	84.54K	35.24K	175.87K
Total Non-Current Assets+	3.14M	2.46M	6.82M	6.86M	6.85M	5.47M	5.54M	6.94M	6.21M	1.19M
Property, Plant & Equipment	3.13M	2.46M	6.81M	6.86M	6.65M	5.2M	5.08M	4.84M	1.7M	1.19M
Fixed Asset Turnover	0.14x	0.07x	0.09x	0.34x	0.15x	0.11x	0.26x	0.34x	0.47x	0.47x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	197.01K	260.4K	455.78K	2.1M	4.51M	0
Other Non-Current Assets	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K	3.17K
Total Assets+	5.56M	2.95M	7.56M	7.82M	7.07M	6.84M	10.73M	11.73M	10.38M	4.4M
Asset Turnover	0.08x	0.06x	0.08x	0.30x	0.14x	0.08x	0.12x	0.14x	0.08x	0.13x
Asset Growth %	-0.7%	-0.47%	1.57%	0.03%	-0.1%	-0.03%	0.57%	0.09%	-0.12%	-0.58%
Total Current Liabilities+	39.51K	61.13K	151.66K	62.76K	966.04K	231.66K	141.96K	195.16K	248.93K	138.31K
Accounts Payable	23.2K	50.12K	127.04K	61.83K	270.12K	120.14K	69.61K	113.74K	156.57K	49.54K
Days Payables Outstanding	9.36	45.74	122.69	17.74	80.27	57.04	29.14	49.63	89.09	19.92
Short-Term Debt	0	0	0	0	695.48K	110.58K	0	65.39K	75.28K	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	-97.89K	-110.58K	0	-65.39K	-75.28K	0
Current Ratio	61.35x	7.93x	4.90x	15.27x	0.23x	5.93x	36.59x	24.58x	16.74x	23.22x
Quick Ratio	61.35x	7.93x	4.90x	15.27x	0.23x	5.93x	36.59x	24.58x	16.74x	23.22x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	25.26K	27.44K	84.9K	82.72K	263.6K	171.79K	279.95K	219.15K	134.17K	57.18K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	219.41K	107.86K	211.74K	146.36K	71.08K	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	25.26K	27.44K	84.9K	82.72K	44.19K	63.93K	68.21K	72.79K	63.08K	57.18K
Total Liabilities	64.77K	88.57K	236.56K	145.48K	1.23M	403.45K	421.91K	414.31K	383.1K	195.49K
Total Debt+	0	0	0	0	1.01M	218.44K	268.92K	211.74K	146.36K	71.08K
Net Debt	-2.12M	-481.17K	-392.06K	-755.7K	914.86K	-1.02M	-4.63M	-4.34M	-3.91M	-2.89M
Debt / Equity	-	-	-	-	0.17x	0.03x	0.03x	0.02x	0.01x	0.02x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-32.96x	-	-	-	-	-	-
Interest Coverage	-	-	-10.93x	-	-12.68x	-131.70x	-3493.91x	-	-	-
Total Equity+	5.5M	2.86M	7.32M	7.68M	5.84M	6.44M	10.31M	11.32M	10M	4.21M
Equity Growth %	-0.41%	-0.48%	1.56%	0.05%	-0.24%	0.1%	0.6%	0.1%	-0.12%	-0.58%
Book Value per Share	13.17	6.94	16.99	15.83	11.07	9.28	10.66	11.36	9.27	3.86
Total Shareholders' Equity	5.5M	2.86M	7.32M	7.68M	5.84M	6.44M	10.31M	11.32M	10M	4.21M
Common Stock	52.17K	52.17K	59.26K	62.42K	65.95K	6.98K	9.93K	10.33K	10.91K	13.09K
Retained Earnings	-60.54M	-63.18M	-65.22M	-65.47M	-67.98M	-72.02M	-73.04M	-73.79M	-77M	-85.22M
Treasury Stock	-38.15K	-174.13K	0	0	57.21M	0	0	0	0	0
Accumulated OCI	-54.68M	-55.56M	-55.73M	-56.08M	-57.27M	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.84M	-1.3M	-1.72M	360.79K	-725.02K	-864.79K	-680.69K	-228.96K	263.19K	-1.54M
Operating CF Margin %	-4.28%	-7.82%	-2.72%	0.15%	-0.73%	-1.57%	-0.51%	-0.14%	0.33%	-2.74%
Operating CF Growth %	-0.05%	0.29%	-0.32%	1.21%	-3.01%	-0.19%	0.21%	0.66%	2.15%	-6.84%
Net Income	-3.83M	-2.64M	-2.04M	-251.34K	-2.52M	-4.04M	-1.02M	-744.28K	-3.21M	-8.22M
Depreciation & Amortization	758.09K	303.33K	163.7K	360.92K	515.05K	452.18K	319.64K	265.76K	237.41K	235.12K
Stock-Based Compensation	91.63K	138.91K	306K	96.62K	156.09K	434.58K	323.61K	206.21K	238.31K	101.51K
Deferred Taxes	0	0	0	0	745.69K	2.52M	0	0	0	0
Other Non-Cash Items	2.48M	1.15M	322.44K	360.92K	167.97K	26.75K	4.28K	4.58K	2.88M	6.67M
Working Capital Changes	-575.57K	56.12K	-307.67K	154.59K	205.88K	-260.25K	-306.69K	38.76K	117.93K	-325.67K
Change in Receivables	8.61M	0	-347.55K	211.51K	55.85K	-15.57K	-118.9K	50.09K	92.84K	-3.34K
Change in Inventory	0	0	0	0	-305.7K	136.8K	89.7K	0	0	0
Change in Payables	-552.27K	21.62K	-9.37K	11K	305.7K	-136.8K	-89.7K	53.2K	41.17K	-106.43K
Cash from Investing+	-52.56K	-209.22K	-4.41M	-505.41K	-889.33K	-1.57M	-238.18K	-1.66M	-2.4M	-1.89M
Capital Expenditures	-168.68K	-209.22K	-4.41M	-505.41K	-692.32K	-1.51M	-42.81K	-15.04K	0	0
CapEx % of Revenue	0.39%	1.26%	7%	0.21%	0.69%	2.73%	0.03%	0.01%	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	116.12K	0	0	0	0	1.49K	0	-1.65M	0	0
Cash from Financing+	-38.15K	-135.97K	6.04M	508.25K	956.56K	3.58M	4.57M	1.54M	1.65M	2.33M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-140.42K	-238.95K	-230.4K	-231.9K	-37.2K	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	1.19M	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-2.01M	-1.51M	-6.13M	-144.62K	-1.42M	-2.37M	-723.5K	-244.01K	263.19K	-1.54M
FCF Margin %	-4.67%	-9.08%	-9.72%	-0.06%	-1.42%	-4.3%	-0.54%	-0.15%	0.33%	-2.74%
FCF Growth %	0.61%	0.25%	-3.07%	0.98%	-8.8%	-0.68%	0.7%	0.66%	2.08%	-6.84%
FCF per Share	-4.81	-3.66	-14.22	-0.30	-2.69	-3.42	-0.75	-0.24	0.24	-1.41
FCF Conversion (FCF/Net Income)	0.48x	0.49x	0.84x	-1.44x	0.29x	0.21x	0.67x	0.31x	-0.08x	0.19x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	18.86K	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-51.88%	-63.26%	-40.03%	-3.35%	-37.22%	-65.76%	-12.2%	-6.88%	-30.13%	-115.7%
Return on Invested Capital (ROIC)	-65.21%	-69.14%	-30.24%	-3.66%	-25.6%	-51.56%	-13.97%	-9.21%	-19.52%	-187.3%
Gross Margin	-110.7%	-141.09%	40.05%	46.02%	-23.07%	-39.19%	34.46%	48.96%	19.22%	-62.01%
Net Margin	-891.92%	-1592.2%	-323.23%	-10.66%	-252.08%	-730.9%	-76.82%	-45.41%	-404.43%	-1466.69%
Debt / Equity	-	-	-	-	0.17x	0.03x	0.03x	0.02x	0.01x	0.02x
Interest Coverage	-	-	-10.93x	-	-12.68x	-131.70x	-3493.91x	-	-	-
FCF Conversion	0.48x	0.49x	0.84x	-1.44x	0.29x	0.21x	0.67x	0.31x	-0.08x	0.19x
Revenue Growth	18.15%	-61.37%	279.96%	273.84%	-57.65%	-44.65%	140.83%	23.2%	-51.55%	-29.45%

Revenue by Segment

	2018	2022	2023	2024
Oil Sales	-	995.08K	590.49K	437.9K
Oil Sales Growth	-	-	-40.66%	-25.84%
Natural Gas Liquids Sales	-	266.22K	124.1K	113.41K
Natural Gas Liquids Sales Growth	-	-	-53.39%	-8.61%
Natural Gas Sales	-	377.53K	79.44K	8.87K
Natural Gas Sales Growth	-	-	-78.96%	-88.84%
Lease Bonus Revenue	113.33K	-	-	-
Lease Bonus Revenue Growth	-	-	-	-

Revenue by Geography

	2018	2022	2023	2024
North America	-	1.64M	794.03K	560.18K
North America Growth	-	-	-51.55%	-29.45%

Frequently Asked Questions

Growth & Financials

Houston American Energy Corp. (HUSA) reported $0.4M in revenue for fiscal year 2024. This represents a 67% decrease from $1.2M in 2011.

Houston American Energy Corp. (HUSA) saw revenue decline by 29.5% over the past year.

Houston American Energy Corp. (HUSA) reported a net loss of $10.8M for fiscal year 2024.

Dividend & Returns

Houston American Energy Corp. (HUSA) has a return on equity (ROE) of -115.7%. Negative ROE indicates the company is unprofitable.

Houston American Energy Corp. (HUSA) had negative free cash flow of $6.0M in fiscal year 2024, likely due to heavy capital investments.