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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With Houston American Energy Corporation Shares Rising Today?

Houston American Energy Corporation Oil Nasdaq

Shares of small-cap oil and gas company Houston American Energy Corporation (NASDAQ: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.

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