Houston American Energy Profit Margin 2006-2019 | HUSA
Current and historical gross margin, operating margin and net profit margin for Houston American Energy (HUSA) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Houston American Energy net profit margin as of September 30, 2019 is -80.17%.
|Houston American Energy Annual Profit Margins
|Houston American Energy Quarterly Profit Margins
||Oil & Gas - US Exploration and Production
HOUSTON AMERICAN ENERGY CORP. is an oil and gas exploration and production company. The firm's oil and gas exploration and production activities are focused on properties in the U.S. onshore Gulf Coast Region, principally Texas and Louisiana, and on the development of concessions in the South American country of Colombia. The company generally seek to form partnerships and joint ventures to spread the cost and risks of drilling while maximizing its potential returns.Since the Company's inception it has focused on maintaining a low overhead while utilizing the expertise and knowledge of outside consultants and industry partners on an as needed basis. Generally speaking each of their exploration projects differs in scope and character and consists of one or more types of assets, such as 3-D seismic data, leasehold positions, lease options, working interest in leases, partnership or limited liability company interest or other mineral rights.