HOUSTON NAT RES CORP - HNRC STOCK NEWS

Houston Natural Resources Corp. (OTC: HNRC) has reported its Q3 2024 financial results for the period ending September 30, 2024. Key highlights include:

- Total revenue of $13,094,326 for nine months in 2024, compared to $15,241,815 in 2023
- Total earnings of $8,764,980 for nine months in 2024, compared to $8,871,912 in 2023
- Earnings per share (EPS) of $0.02 for nine months in 2024, unchanged from 2023
- Net asset value (NAV) of $0.20 per share in Q3 2024

The company has achieved significant milestones, including the acquisition of Cunningham Energy, , with appraised oil & gas assets valued at $352 million. HNRC is also undergoing corporate changes, including a name change to Cunningham Natural Resources Corp. Additionally, the company has acquired a 9% interest in Cunningham Mining and successfully executed the spin-off of Worldwide Diversified Holdings, Inc. (WDHI).

Houston Natural Resources Corp (OTC: HNRC) reported Q2 2024 financial results and provided updates on its portfolio companies. Key highlights include:

- Q2 2024 revenue: $4,387,799 (down from $5,187,785 in Q2 2023)
- Q2 2024 earnings: $3,014,455 (down from $3,588,326 in Q2 2023)
- Total assets: $75,334,239 (up from $49,843,529)
- Net asset value (NAV): $0.21 per share

Portfolio updates:
- Cunningham Mining secured a $153 million investment
- Worldwide Diversified Holdings applied for OTCQB listing
- Cunningham Energy settled with EPA and focuses on drilling program
- HNR Acquisition Corp filed S-1 Registration Statement
- Rhino Energy evaluating acquisition opportunities
- CE Energy Sponsors evaluating new SPAC terms

HNRC has filed to change its name to Cunningham Natural Resources Corp.

Houston Natural Resources Corp (HNRC) announced its Q1 2024 financial results, showing steady growth in revenue and operating earnings. For the quarter ending March 31, 2024, HNRC reported a total revenue of $4,292,940, a 2.7% increase from Q1 2023. Earnings also rose by 2.8% to $2,736,961. However, total assets decreased by 7.5%, down to $85,858,800. The company's net asset value per share stood at $0.27. HNRC has filed an application for Worldwide Diversified Holdings common shares to trade on the OTCQB market, with future plans to uplist to a major exchange and pursue acquisitions to enhance shareholder value.

Cunningham Mining , a minority interest portfolio company of Houston Natural Resources Corp (HNRC), has provided an update on acquiring up to 19.8% interest in Kharrouba Copper Company (KCC). The company has completed the acquisition of the 'Nugget Trap Placer Mine' in British Columbia, covering 573.7 acres. Cunningham Mining plans to digitize these claims via Digital Asset Tokens, with the initial lot of 100 million tokens, pending symbol 'NGTGOLD', expected next quarter. These tokens will provide working capital for mining operations and investment in KCC. KCC, a Canadian company with a considerable land position in Morocco, aims to increase its resources to 30 million tons at an estimated 1.5% copper within 12-18 months. The growing demand for copper, driven by the electric vehicle industry and green energy transition, positions KCC for substantial growth. Cunningham Mining is also exploring further acquisitions in the gold mining sector.

Houston Natural Resources Corp. CEO Frank Kristan discusses 2023 financials, potential trading of Worldwide Diversified Holdings, Inc spin off, Gold Token, and HNRA SPAC on 'The Street Reports Podcast'. The company is focused on micro-cap, small-cap, and undervalued companies.

Houston Natural Resources Corp. (HNRC) reported a 2.9% increase in total revenue and a significant 19.3% rise in operating earnings for the year ending December 31, 2023. The company's focus on traditional oil and gas opportunities and energy transition materials resulted in notable achievements, including acquisitions, investments, and strategic partnerships.

Houston Natural Resources Corp (HNRC) announces the transformation of its 9% stake in Cunningham Mining into a Digital Asset Token, marking a significant step towards revolutionizing the mining industry through digital technology.

Houston Natural Resources Corp (HNRC) with a pending name, symbol and CUSIP change, to Cunningham Natural Resources Corp, outlined an investor presentation for 2024. CNRC focuses on traditional oil and gas opportunities, energy transition materials, and mining opportunities in copper, lithium, gold, and other precious and rare earth metals. CNRC has investments in Cunningham Energy LLC, HNR Acquisition Corp, and Rhino Energy Pty Ltd. They also have interests in Cunningham Mining Ltd and Kharrouba Copper Company, Inc.

Houston Natural Resources Corp (OTC: HNRC) has filed for a name change to Cunningham Natural Resources Corp and completed the acquisition of Cunningham Energy, increasing HNRC's net asset value by $1.70 per share. The company is focusing on traditional oil and gas opportunities, energy transition materials, and global sustainability. Cunningham Energy has completed audited statements for a potential listing on the NASDAQ or NYSE in 2024 with an underwriting commitment of $10 million. The company has also filed for a restructuring to meet qualifications for a national exchange, expected to be completed in the first quarter of 2024. Additionally, the company completed an asset spinoff dividend to shareholders of Worldwide Diversified Holdings, Inc. and filed with the SEC for registration for the shares to be traded in the first quarter of 2024.