Edward Oliver Gillespie Buys 13,000 Shares of Houston American Energy (NYSEAMERICAN:AGIG) Stock

Houston American Energy Corp (NYSEAMERICAN:AGIG) CEO Edward Oliver Gillespie acquired 13,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of $1.16 per share, for a total transaction of $15,080.00. Following the acquisition, the chief executive officer owned 176,258 shares of the company’s stock, valued at approximately $204,459.28. This represents a 7.96% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

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

Houston American Energy Stock Performance

AGIG opened at $1.10 on Friday. Houston American Energy Corp has a 52-week low of $1.01 and a 52-week high of $25.56. The firm’s 50-day moving average is $1.36.

Houston American Energy (NYSEAMERICAN:AGIG) last posted its quarterly earnings data on Friday, May 8th. The company reported ($0.13) earnings per share (EPS) 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 for the quarter.

Analyst Ratings Changes

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

About Houston American Energy

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.