Houston American Energy (HUSA) Fell By 9% This Week. Here is Why.

Core Viewpoint - The share price of Houston American Energy Corp. (HUSA) has experienced a significant decline, attributed to various market factors including falling crude oil prices and company-specific developments [1][3][4]. Group 1: Share Price Movement - Houston American Energy Corp. (HUSA) saw its share price drop by 9.05% from September 26 to October 3, 2025, making it one of the worst-performing energy stocks during that week [1]. - The company's share price has decreased by over 53% since the beginning of 2025 [4]. Group 2: Market Influences - The decline in HUSA's share price is likely linked to a decrease in global crude oil prices, with WTI crude oil futures reaching a four-month low due to increased output from OPEC+ and concerns over a potential US government shutdown [3]. Group 3: Company Developments - On a positive note, HUSA has commenced production from its State Finkle Unit wells and has received its first revenue from these operations [4]. - The company plans to participate in the drilling of six additional wells in June 2024 and has started receiving royalties from production at its initial wells [4].