Houston American Energy (NYSEAMERICAN:AGIG) CEO Buys $15,080.00 in Stock

Houston American Energy Corp (NYSEAMERICAN:AGIG) CEO Edward Oliver Gillespie bought 13,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average price of $1.16 per share, for a total transaction of $15,080.00. Following the transaction, the chief executive officer owned 176,258 shares in the company, valued at $204,459.28. This represents a 7.96% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Edward Oliver Gillespie also recently made the following trade(s):

• On Wednesday, May 13th, Edward Oliver Gillespie bought 10,000 shares of Houston American Energy stock. The shares were acquired at an average price of $1.22 per share, for a total transaction of $12,200.00.
• On Tuesday, May 12th, Edward Oliver Gillespie bought 8,220 shares of Houston American Energy stock. The shares were acquired at an average price of $1.19 per share, for a total transaction of $9,781.80.

Houston American Energy Stock Performance

Shares of Houston American Energy stock opened at $1.10 on Friday. Houston American Energy Corp has a one year low of $1.01 and a one year high of $25.56. The company’s 50-day simple moving average is $1.36.

Houston American Energy (NYSEAMERICAN:AGIG) last announced its earnings results on Friday, May 8th. The company reported ($0.13) EPS for the quarter. The business had revenue of $0.13 million for the quarter. Houston American Energy had a negative net margin of 3,727.85% and a negative return on equity of 102.72%.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners started coverage on Houston American Energy in a report on Tuesday, February 17th. They issued a “buy” rating and a $6.00 price target on the stock. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $6.00.

Houston American Energy Company Profile

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.