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Houston Energy trading temporarily halted, now up 157%, at $18.35.
ByAinvest
Friday, Jun 13, 2025 10:37 am ET1min read
Houston Energy trading temporarily halted, now up 157%, at $18.35.
Houston-based energy company Houston American Energy (HUSA) experienced a temporary trading halt on June 13, 2025, due to heightened volatility in its stock's trading activity [3]. The halt, implemented to stabilize trading conditions and protect investors, was triggered by significant price fluctuations.Despite the trading halt, HUSA's stock price has surged, rising 157% to $18.35. This substantial increase comes amidst broader market conditions and the company's recent financial performance.
In related news, CenterPoint Energy announced it temporarily paused proactive, planned resiliency upgrades in the Greater Houston area due to thunderstorms on Wednesday afternoon [1]. The company maintained additional crews and worked to restore power to over 85% of impacted customers within ten hours, leaving fewer than 2,500 customers without power as of 3:30 p.m.
Additionally, a federal appeals court has temporarily suspended a trade court ruling that would have blocked emergency tariffs placed by President Donald Trump [2]. This decision will keep Trump's emergency tariffs in place, at least temporarily, while the appeals process continues.
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_FWN3SF0J7:0-centerpoint-energy-says-it-temporarily-paused-proactive-planned-resiliency-upgrades-due-to-thunderstorms-across-the-greater-houston-area/
[2] https://www.argusmedia.com/en/news-and-insights/latest-market-news/2693714-us-tariff-ruling-placed-on-hold-during-appeal-update-2
[3] https://www.gurufocus.com/news/2924537/houston-american-energy-husa-trading-temporarily-halted-due-to-volatility-husa-stock-news
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