Houston American Energy (NYSEAMERICAN:AGIG) CEO Acquires $12,200.00 in Stock

Houston American Energy Corp (NYSEAMERICAN:AGIG – Get Free Report) CEO Edward Oliver Gillespie purchased 10,000 shares of Houston American Energy stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average cost of $1.22 per share, with a total value of $12,200.00. Following the completion of the transaction, the chief executive officer owned 163,258 shares of the company’s stock, valued at $199,174.76. The trade was a 6.52% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

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• On Thursday, May 14th, Edward Oliver Gillespie purchased 13,000 shares of Houston American Energy stock. The stock was bought at an average cost of $1.16 per share, with a total value of $15,080.00.
• On Tuesday, May 12th, Edward Oliver Gillespie purchased 8,220 shares of Houston American Energy stock. The stock was bought at an average cost of $1.19 per share, with a total value of $9,781.80.

Houston American Energy Price Performance

Shares of AGIG opened at $1.10 on Friday. Houston American Energy Corp has a 1-year low of $1.01 and a 1-year high of $25.56. The company has a fifty day moving average of $1.36.

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

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners began coverage on shares of Houston American Energy in a research note on Tuesday, February 17th. They issued a “buy” rating and a $6.00 price objective on the stock. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Houston American Energy presently has a consensus rating of “Buy” and a consensus target price of $6.00.

View Our Latest Report on AGIG

Houston American Energy Company Profile

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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.

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