The company's net assets have increased by more than 100% to $73,446,688 over the last three years. The company's net asset value is $4.76 per share for the period ending June 30, 2021. The company intends to continue to acquire additional assets over the next three years.
The company's revenues have increased by more than 150% to $7,614,534 over the last six months from the previous year and net income increasing by more than 250% to $4,006,260.
The company expects its third quarter earnings to exceed current projections.
In addition, the Company's subsidiary Houston Natural Resources, Inc ("HNRI") has independently appraised value of $69,000,000 in proven reserves that are valued at $4.47 per share.
https://ih.advfn.com/stock-market/USOTC/houston-natural-resources-pk-HNRC/stock-news/86047199/hnrc-projects-strong-third-quarter-earnings