Shares of small-cap oil and gas company Houston American Energy Corporation HUSA are trading higher by 5.87% at $6.77 Tuesday. Energy companies at large are trading higher amid strength in oil prices. While concerns of an economic slowdown have weighed on the demand outlook and tight supply has continued to lift oil prices higher.
Energy names have been volatile amid the Russia-Ukraine conflict, which has lifted oil and gas prices due to supply concerns.
See Also: Why Oracle Stock Is Rising
According to data from Benzinga Pro, Houston American Energy Corporation has a 52-week high of $16.61 and a 52-week low of $1.07.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
