Houston American Energy Corp. (HUSA) Making Active Thrust in Street with Prudential Financial, Inc. (PRU), Koninklijke Philips N.V. (PHG)


Houston American Energy Corp. (NYSE:HUSA) taking place in active move after increased 4.71% to the trading price of $0.35 in latest session.

Houston American Energy Corp. (NYSE:HUSA) released that preliminary revenue totals for the 2017 Fourth Quarter and provided an update on production from its initial Reeves County, Texas wells.

Q4 2017 preliminary unaudited revenues rose sharply on increased production attributable to our Reeves County wells and improved energy prices. Preliminary revenue estimates total $414,743 for the quarter ended December 31, 2017, up 842% from the quarter ended December 31, 2016 and up 271% from the quarter ended September 30, 2017; Preliminary production volume estimates for the quarter ended December 31, 2017 totaled 6,150 barrels of oil and 19,518 thousand cubic feet of gas (or 9,403 barrels of oil equivalent (“boe”)); compared to 1,395 boe of production for Q4 2016 and 2,885 boe of production for Q3 2017; and Preliminary realized prices for oil and gas were $54.05/Bbl and $4.22/Mcf for the quarter ended December 31, 2017; compared to $44.94/Bbl and $2.93/Mcf for Q4 2016 and $43.45/Bbl and $3.29/Mcf for Q3 2017.

Mr. John Boylan, Chairman and CEO of Houston American Energy, stated: “We are very pleased with the performance of our first two completed wells in Reeves County. After approximately 90 days of operations, both the cumulative production to date and current production rates are, on average, above our economic model forecast. Commencing in Q4 2017, we saw material improvements in production, revenues and cash flow driven by our Reeves County operations.

“We have made significant investments in infrastructure and learned much in the course of drilling our initial wells. We expect to benefit from those investments and lessons and to gain efficiencies as we seek to drill and bring additional wells on line on our existing acreage and as we seek to add to our acreage in Reeves County.”

Its 52-week range quite noticeable, lower range was $83.54% and hit highest level of $-66.96%. The overall volume in the last trading session was 110855 shares. The firm shares 50 day moving average were calculated 6.34%. The firm’s institutional ownership remained 3.60% while insider ownership included 5.10%.

Prudential Financial, Inc. (NYSE:PRU) trade at $106.52 by fell -1.24% in most recent trading session with share volume of 80179. Prudential Financial, Inc. (NYSE:PRU) reported that it has been named a 2018 World’s Most Ethical Company® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.

This is the fourth consecutive year that Prudential has received this recognition, which is bestowed on organizations that demonstrate a culture of ethics and transparency at every level. To earn the World’s Most Ethical Company designation, companies are evaluated in five key categories: Compliance and Ethics Program, Corporate Citizenship, Culture of Ethics, Corporate Governance, and Leadership, Innovation and Reputation.

“Our commitment to ethical behavior is a longstanding tenet of Prudential’s culture. Only by doing business the right way, every day, will we maintain the trust of our customers and deliver on the promises we make to help them achieve financial security,” said Prudential Chairman and CEO John Strangfeld. “We are honored to be recognized by the Ethisphere Institute for the fourth consecutive year as a World’s Most Ethical Company.”

The World’s Most Ethical Company assessment is based on Ethisphere’s Ethics Quotient framework of evaluating a company’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies. “This recognition of our commitment to ethics reflects our employees’ ongoing dedication to working with integrity,” said Lee Augsburger, senior vice president and chief ethics and compliance officer for Prudential. “I would like to thank all of our employees for their continued commitment to maintaining the highest ethical standards.”

Augsburger, who has oversight responsibility for Prudential’s worldwide compliance organization and the company’s global business ethics activities, notes that the company’s business ethics program promotes prevention, detection and resolution of potential misconduct and adherence to the letter and spirit of regulatory and legal mandates.

The share is moved forward to its percent change from 52-week low of 8.91% and hanging back from its percent change from 52-week high of -16.15%. Shares price moved down from its 50 days moving average with -9.27% and remote positively from 200 days moving average with -3.24%.

Shares of Koninklijke Philips N.V. (NYSE:PHG) held volume of 46823 shares as compare to its average volume of 1453.38 shares. Royal Philips (NYSE:PHG) released that the latest revolution in grooming technology Philips Norelco OneBlade Face + Body. It can trim, edge and shave any length of hair, be it on your face or body.

“Philips Norelco leverages advanced technology and consumer insights to create products that improve people’s lives. Philips Norelco OneBlade Face + Body was specifically created based on feedback from men,” said Sasha Markovic, Senior Director Marketing, Philips Personal Care North America. “70% of millennial men groom their body and use multiple steps and different tools. Our own research found that one in two existing OneBlade owners also use their OneBlade on their body, so we created an all-in-one tool with which you can also safely trim and shave any length of body hair, whether on your face or the rest of your body.”

Philips Norelco OneBlade was created to give men the tool they need to create any facial hairstyle. OneBlade’s dual protection system – a glide coating combined with rounded tips – makes shaving easier on your skin. At the same time, the shaving technology features a fast-moving cutter at 200x per second. This unique combination gives you a shave that’s both efficient and comfortable – even on longer hairs. Now Philips Norelco has specifically designed OneBlade Face + Body with the same OneBlade technology to give men a great shave and protect their skin all over.

Convenient and hygienic, new Philips Norelco OneBlade Face + Body comes with two blades; one for the face and another for your body with a click-on skin guard. The skin guard provides you with an extra layer of protection on sensitive areas. Philips Norelco OneBlade Face + Body also comes with a body comb (3mm) to easily and efficiently trim body hair in any direction. Each blade lasts up to four months* and replacement blades can be easily found at a variety of retailers. With long lasting power, the battery holds an hour’s worth of styling after four hours of charging.

PHG had a trade volume of 46823 shares as compared to average trading capacity of 1453.38 shares. The firm has price to sales ratio of 1.47 and its price to book per share was 2.49. Similarly inched up performance for the quarter recorded as -6.22% and for the year was 27.98%, while the YTD performance remained at -1.85%.


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