Diligence memo · auto-generated · as of July 2, 2026
Houston American Energy Corp
Houston American Energy Corp looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Houston American Energy Corp operates in Other Energy, based in HOUSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Houston American Energy Corp has raised $331M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $331M on 2025-07-01.
Most recent recorded round closed around 2025-07-01.
Valuation (modeled)modeled
Provath models Houston American Energy Corp at approximately $2.5B (range $1.8B–$3.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.24× the median modeled value of Series D+ Other Energy companies in 2025–2027 (7 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 12 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 99% of Other Energy peers (2049 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Radiant Industries, Inc, Foundry-Logic, Inc., ZOOZ Power Ltd., Chevron Phillips Chemical Co Lp, Deep Fission, Inc..
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.