Houston Natural Resources Corp Reports Q 3 Financials September 30, 2022.

HOUSTON: Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today record results for the financial period ending September 30, 2022.

The company's total revenues increased 13% to $14,207,619 for the nine-month period ending September 30, 2022, compared to $12,571,233 for the same period ending September 30, 2021. The company's net earnings have increased 29% to $8,163,923 for the nine-month period ending September 30, 2022, compared to $6,307,247 for the same period ending September 30, 2021. This equates to $0.16 per share in earnings per share (EPS) for the first nine months of 2022.

The company's net assets have increased 27% to $93,593,813 as of September 30, 2022, from $73,698,571 as of September 30, 2021, a net asset value (NAV) of $1.86 per share as of September 30, 2022.

In the first quarter the company sponsored HNR Acquisition Corp a special purpose acquisition corporation that raised $86 million for a business combination. The company is currently working on sponsoring a second special...