Houston American Energy reports preliminary operating expenses of $3.8M for Q3.

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Nov 10 2025

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Operating Expenses: Total operating expenses for Q3 2025 are projected to be around $3.8 million, a $2.7 million increase from Q2 2025, due to acquisition-related costs and integration initiatives.
Acquisition and Development Initiatives: Key initiatives include the acquisition of a 25-acre site in Cedar Port, TX, the appointment of Nexus PMG for engineering services, and the groundbreaking of the AGIG Innovation Hub and R&D Center.
Partnerships and Innovations: The company is advancing in biomass to liquid fuels and sustainable aviation fuel through a binding term sheet with BTG Bioliquids B.V.
Financial Position: As of September 30, 2025, preliminary cash and equivalents are expected to be $1.5 million, with goodwill at $13.0 million, land assets at $8.6 million, and debt at $11.0 million.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.