Significant Growth Reported in Total Revenue (91%)
Significant Increase in Operating Earnings (192%)
HOUSTON, Texas, February 24, 2022 – Houston Natural Resources Corp. (OTC: HNRC) (“HNR or the Company”) announced today record results for the year ending December 31, 2021.
Financial Results: Twelve Months December 31, 2021 vs Twelve Months December 31, 2020
Frank Kristan, President of Houston Natural Resources Corp commented that:
“We are delighted that our growth is continuing with strong results for the year ending December 31,2022. The company’s increase in revenues and earnings has been due to an increase in services it provides to its portfolio companies. The company sponsored a successful $86 million NYSE listing of an energy focused special purpose acquisition corporation this month. We anticipate consistent growth from revenue and profit in 2022. The company is evaluating sponsoring other energy focused special purpose acquisition corporations in addition to water treatment plants, oil and gas and other water treatment technology acquisitions.”
About Houston Natural Resources Corp
Houston Natural Resources Corp (www.hnrcholdings.com) (OTC:HNRC). The company is a diversified holding company with business operations and investments. The portfolio companies include investments in energy, information technology and healthcare.
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.