Core Insights - The energy sector has several oversold stocks that present potential buying opportunities for investors [1] Group 1: Oversold Stocks - Pedevco Corp (NYSE:PED) has an RSI of 29.8, with a stock price decline of approximately 27% over the past month, closing at $0.45 [3][7] - Geospace Technologies Corp (NASDAQ:GEOS) has an RSI of 29, with a stock price drop of around 50% over the past month, closing at $13.17 [4][7] - Houston American Energy Corporation (NYSE:HUSA) has an RSI of 23.2, with a stock price decrease of about 59% over the past month, closing at $2.20 [5][7] Group 2: Company Performance and Outlook - Pedevco's CEO expressed optimism about future growth due to upcoming wells and a merger that is expected to enhance production and development opportunities [7] - Geospace Technologies reported a loss of 71 cents per share for the fourth quarter, emphasizing the need for diversification and innovation [7] - Houston American Energy completed an $8 million direct offering to institutional investors, indicating ongoing capital-raising efforts despite recent stock performance [7]

Core Insights - The energy sector has several oversold stocks that present potential buying opportunities for investors [1] Group 1: Oversold Stocks - Pedevco Corp (NYSE:PED) has an RSI of 29.8, with a stock price decline of approximately 27% over the past month, closing at $0.45 [3][7] - Geospace Technologies Corp (NASDAQ:GEOS) has an RSI of 29, experiencing a 50% stock price drop in the last month, closing at $13.17 after an 18.4% increase on the last trading day [4][7] - Houston American Energy Corporation (NYSE:HUSA) has an RSI of 23.2, with a significant 59% decline in stock price over the past month, closing at $2.20 [5][7]

Core Viewpoint - Houston American Energy Corp. plans to change its name to Abundia Global Impact Group Inc. and its ticker symbol from HUSA to AGIG on NYSE American, reflecting its focus on sustainable fuels and energy transition technologies following the acquisition of Abundia Global Impact Group LLC [1][2]. Group 1: Company Strategy and Vision - The name change signifies the Company's long-term vision to build a scalable platform in circular fuels, sustainable feedstocks, and next-generation low-carbon energy solutions [2]. - The Company aims to advance technologies that convert waste plastics and renewable feedstocks into low-carbon fuels, chemical intermediates, and clean energy products, positioning itself in a rapidly growing segment of the global energy economy [2]. - The Abundia platform is expected to provide a strong foundation for long-term value creation, supported by the development of the Cedar Port Renewable Energy Complex and the integration of circular-fuels technologies [2]. Group 2: Recent Developments - In July 2025, Houston American Energy Corp. acquired Abundia Global Impact Group LLC, which specializes in converting waste plastics into low-carbon fuels and chemical feedstocks, reflecting a commitment to meeting global energy demands through a mix of traditional and alternative energy solutions [3]. - The strategic acquisition positions the Company to capitalize on emerging opportunities in sustainable fuels and energy transition technologies [3].

Core Viewpoint - Houston American Energy Corp. has successfully completed a registered direct offering, raising approximately $8 million at a price of $3.50 per share, indicating strong market confidence in the company's strategic direction towards renewable energy [1][2][3]. Financing Details - The offering was supported by Tier-1 institutional investors, reflecting confidence in the company's transition to circular fuels and renewable energy production [2]. - The net proceeds will be allocated to complete Phase 1 of the Cedar Port Renewable Energy Complex, advance the Final Investment Decision for a waste-plastics-to-fuels facility, repay a convertible note, and for general corporate purposes [2][3]. Strategic Growth - The CEO highlighted that this transaction is a significant milestone in the company's long-term growth strategy, enhancing its capital position and financial flexibility [3]. - Recent achievements include the groundbreaking of the Cedar Port Renewable Energy Complex and the integration of the circular-fuels platform acquired from Abundia Global Impact Group, which supports long-term value creation [3][6]. Regulatory Compliance - The securities were issued under an existing shelf registration statement effective from November 3, 2025, with a prospectus supplement filed with the SEC [4].

Core Viewpoint - Houston American Energy Corp. has entered into securities purchase agreements for the sale of 2,285,715 shares of common stock at $3.50 per share, raising approximately $8.0 million in gross proceeds [1][2]. Group 1: Financial Details - The offering is expected to close on or about November 21, 2025, subject to customary closing conditions [1]. - The net proceeds will be used to advance the development of a plastic recycling facility, for working capital, and to repay a convertible note [2]. - A.G.P./Alliance Global Partners is the sole placement agent for the offering, while Univest Securities, LLC serves as the financial advisor [3]. Group 2: Corporate Strategy - The company has recently restructured its debt with its largest strategic investor, transitioning a majority of its senior obligations into a more stable, long-term position [2]. - Houston American Energy Corp. is focused on expanding its portfolio in both conventional and renewable energy sectors, having acquired Abundia Global Impact Group, which specializes in converting waste plastics into low-carbon fuels [6]. - This acquisition aligns with the company's commitment to meet global energy demands through a mix of traditional and alternative energy solutions [6].

Revenue and Financial Performance - Total revenue from the oil and gas segment was $225,678 for the three and nine months ended September 30, 2025[140]. - General and administrative expenses increased to $3,456,958 during the three months ended September 30, 2025, from $433,412 during the same period in 2024[141]. - Cash balance at September 30, 2025, was $1,512,157, an increase from $525,809 at December 31, 2024[143]. - Operating activities used $4,606,146 of cash during the nine months ended September 30, 2025, compared to $1,823,786 during the same period in 2024[146]. - Financing activities raised $7,431,486 during the nine months ended September 30, 2025, compared to none during the same period in 2024[148]. - Long-term liabilities increased to $6,191,700 at September 30, 2025, from $5,860,274 at December 31, 2024[149]. Strategic Initiatives - The Company acquired all outstanding units of AGIG on July 1, 2025, diversifying its portfolio in the energy sector[127]. - The Company is focused on using waste products to decarbonize the energy sector through AGIG's proprietary technologies[128]. - The Company is in the pre-revenue stage for its renewable energy segment, incurring research and development costs[144]. - The Company will need substantial additional funding to support operations and growth strategy[145].

Core Insights - Houston American Energy Corp. (HUSA) announced that Bower Family Holdings, LLC (BFH) has acquired a majority of the senior secured convertible note used to finance the Cedar Port property purchase, indicating BFH's confidence in HUSA's strategic direction [1][2] - The acquisition enhances HUSA's financial flexibility by preventing BFH from converting any portion of the outstanding principal or accrued interest, allowing the company to advance ongoing projects and engage with strategic capital partners [3] - HUSA is focused on developing its Renewable Energy Complex at Cedar Port, including its plastics-to-fuel and renewable chemicals platform, as part of its broader vision for circular energy solutions across North America and Europe [4] Company Overview - Houston American Energy Corp. is an independent energy company with a diversified portfolio in both conventional and renewable sectors, historically focused on oil and natural gas exploration and production [5] - The company acquired Abundia Global Impact Group, LLC in July 2025, which specializes in converting waste plastics into low-carbon fuels and chemical feedstocks, reflecting HUSA's commitment to sustainable energy solutions [5]

Financial Estimates - For the three months ended September 30, 2025, Houston American Energy Corp. estimated total operating expenses of approximately $3.7 to $3.9 million[4] - As of September 30, 2025, the estimated cash and cash equivalents were approximately $1.5 million[4] - The estimated goodwill as of September 30, 2025, was approximately $13.0 million[4] - The company reported a land asset valued at approximately $8.6 million as of September 30, 2025[4] - Estimated total debt as of September 30, 2025, was approximately $11.5 million[4] Financial Reporting - The preliminary financial data is subject to change and has not been audited by the independent registered public accounting firm[5] - The company plans to include complete quarterly results in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025[5] Forward-Looking Statements - Forward-looking statements include expectations about financial and operating results, which may differ from actual results due to various risks and uncertainties[8] - Future performance may be affected by the inability to raise financing and competition in the development of services[8] Operational Developments - The company has completed site acquisition and appointed a new engineering and service provider[8]

Core Viewpoint - Houston American Energy Corp. announced preliminary, unaudited financial results for Q3 2025, highlighting significant operational changes and financial metrics following its acquisition of Abundia Global Impact Group [1][2][3] Financial Performance - Total operating expenses for Q3 2025 are expected to be approximately $3.8 million, an increase of $2.7 million compared to Q2 2025, attributed to the costs associated with the acquisition and integration efforts [5] - Preliminary cash and cash equivalents as of September 30, 2025, are expected to be approximately $1.5 million [5] - Preliminary goodwill as of September 30, 2025, is expected to be approximately $13.0 million [5] - Preliminary land asset as of September 30, 2025, is expected to be approximately $8.6 million [5] - Preliminary debt as of September 30, 2025, is expected to be approximately $11.0 million [5] Strategic Initiatives - The company completed the acquisition of a 25-acre site in Cedar Port, Baytown, TX, to support its growth strategy [5] - Nexus PMG has been appointed as the Engineering and Service Provider to assist in the development of the AGIG Plastics Recycling Facility and Innovation Hub [5] - The company has broken ground on the AGIG Innovation Hub and R&D Center at Cedar Port [5] - A binding term sheet has been executed with BTG Bioliquids B.V. for further development of biomass to liquid fuels and sustainable aviation fuel [5] - A new Board of Directors has been established following the acquisition of AGIG, integrating experienced industry and financial leaders to support the transition into low-carbon fuels and chemicals [5]

Core Points - Houston American Energy Corp. (HUSA) has commenced construction on Phase One of its Cedar Port development plan in Baytown, Texas, which includes the Abundia Innovation Center and the R&D Facility [1][2][5] - The Abundia Innovation Center will function as a collaborative office and technology hub, while the R&D Facility will focus on advanced laboratories and pilot-scale systems for waste-to-fuels technologies [4][5] - Completion of Phase One is targeted for Q2-2026, with future phases planned to include an advanced plastics recycling facility [5] Company Overview - HUSA is an independent energy company with a diversified portfolio in both conventional and renewable sectors, having recently acquired Abundia Global Impact Group (AGIG) to enhance its capabilities in converting waste plastics into low-carbon fuels [6] - The strategic acquisition of AGIG reflects HUSA's commitment to addressing global energy demands through a mix of traditional and alternative energy solutions [6]