Houston American Stock Price, News & Analysis

Houston American Energy (NYSE American: HUSA) completed a registered direct offering on Nov 24, 2025 raising approximately $8 million at $3.50 per share. A.G.P./Alliance Global Partners acted as placement agent and Univest Securities served as financial advisor.

Net proceeds will fund Phase 1 of the Cedar Port Renewable Energy Complex in Baytown, advance the final investment decision for its first commercial waste-plastics-to-fuels facility, repay a convertible note, and provide working capital. The securities were issued under an S-3 shelf registration effective Nov 3, 2025, with a prospectus supplement dated Nov 19, 2025 filed with the SEC on Nov 21, 2025.

Houston American Energy (NYSE American: HUSA) announced a registered direct offering of 2,285,715 shares at $3.50 per share for gross proceeds of approximately $8.0 million, with expected closing on or about November 21, 2025.

The company intends to use net proceeds to advance a planned plastic recycling facility, for working capital and general corporate purposes, and to repay the balance of a convertible note. A.G.P./Alliance Global Partners is sole placement agent; Univest Securities is financial advisor. The offering is made under an effective Form S-3 (File No. 333-290308).

Houston American Energy (NYSE: HUSA) announced that a majority of the senior secured convertible note tied to its Cedar Port property has been acquired by Bower Family Holdings (BFH), a major HUSA shareholder, on Nov 12, 2025. BFH agreed not to convert any principal or accrued unpaid interest, which the company says improves financial flexibility, simplifies its capital structure, and supports ongoing project development.

The company thanked both BFH and the note’s original holder, 3i, LP, noting 3i’s early capital role. HUSA reiterated focus on advancing its Renewable Energy Complex at Cedar Port, plastics-to-fuel and renewable chemicals platform, and scaling circular energy solutions across North America and Europe.

Houston American Energy (NYSE American: HUSA) reported preliminary, unaudited Q3 2025 results for the quarter ended September 30, 2025. Preliminary operating expenses are expected to be approximately $3.8 million, an increase of $2.7 million versus Q2 2025 driven by the July 1, 2025 acquisition and integration costs. The quarter included the 25-acre Cedar Port acquisition, appointment of Nexus PMG, groundbreaking of the AGIG Innovation Hub, and a binding term sheet with BTG Bioliquids to advance biomass-to-liquids and SAF development. Preliminary cash is ~$1.5 million, goodwill ~$13.0 million, land ~$8.6 million, and debt ~$11.0 million.

Houston American Energy (NYSE American: HUSA) broke ground on Phase One of its Cedar Port development in Baytown, Texas on Oct 29, 2025.

Phase One includes the Abundia Innovation Center (office and technology hub) and an adjacent R&D Facility (advanced laboratories and pilot-scale systems) to validate waste-to-fuels and upgrading technologies. Construction is delivered by Corvus Construction under a design-build agreement with Powers Brown Architecture, Dynamic Engineering, and BNI Engineers. Completion of Phase One is targeted for Q2-2026, with later phases planned to add an advanced plastics recycling facility to convert mixed plastic waste into renewable fuels and chemical feedstocks.

Houston American Energy (NYSE: HUSA) executed a binding Term Sheet with BTG Bioliquids to develop biomass-to-liquid and Sustainable Aviation Fuel (SAF) projects using BTG’s fast pyrolysis technology to produce Fast Pyrolysis Bio-Oil (FPBO) from woody biomass waste streams.

HUSA plans to upgrade FPBO into high-value biofuels and SAF and to advance optimization at its Cedar Port site in Baytown, Texas as a commercial demonstration foundation, while finalizing a development consortium for technical feasibility, feedstock, and offtake.

Houston American Energy Corp (NYSE American: HUSA) has announced its first revenue from the State Finkle Unit wells in Reeves County, Texas. The company holds a 0.0078 working interest in six wells with three-mile laterals in the Wolfcamp formation, operated by EOG Resources.

The wells, initially announced in June 2024, have begun production with the company receiving its first royalties in September 2025. HUSA plans to use these revenues to support its strategic transformation from an oil and gas exploration company into a renewable energy leader.

Houston American Energy (NYSE American: HUSA) has rescheduled its inaugural investor fireside chat to September 17, 2025, at 2:00 p.m. ET. The event, hosted in partnership with Water Tower Research, will feature CEO Ed Gillespie discussing the company's transformation following its acquisition of Abundia Global Impact Group (AGIG).

The discussion will focus on key developments including the strategic Baytown, Texas site acquisition, technology licensing arrangements, and engineering partnerships. The fireside chat aims to outline HUSA's vision for Abundia and its strategy in converting waste plastics into low-carbon fuels.

Houston American Energy (NYSE American: HUSA) announced its first investor fireside chat scheduled for September 17, 2025, at 10:00 a.m. ET, in collaboration with Water Tower Research. The event will be the company's first public investor discussion following its strategic acquisition of Abundia Global Impact Group (AGIG).

CEO Ed Gillespie will discuss HUSA's transformation into a diversified energy platform, focusing on key developments including the Baytown, Texas development site acquisition, technology licensing arrangements, and engineering partnerships. The company aims to establish itself as a leader in converting waste plastics into low-carbon fuels.