U.S. Energy Corp. (USEG)

NASDAQ: USEG · IEX Real-Time Price · USD
1.48
0.00 (-0.34%)
Jun 5, 2023, 12:18 PM EDT - Market open
-0.34%
Market Cap 39.16M
Revenue (ttm) 43.95M
Net Income (ttm) 1.17M
Shares Out 26.55M
EPS (ttm) 0.04
PE Ratio 37.00
Forward PE n/a
Dividend $0.09 (6.10%)
Ex-Dividend Date May 18, 2023
Volume 74,927
Open 1.55
Previous Close 1.48
Day's Range 1.46 - 1.55
52-Week Range 1.22 - 5.28
Beta 0.88
Analysts Strong Buy
Price Target 3.33 (+125.76%)
Earnings Date May 11, 2023

About USEG

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the continental United States. It holds interests in various oil and gas properties in the Williston Basin in North Dakota; the Permian Basin in New Mexico; and Texas. As of December 31, 2021, the company had an estimated proved reserves of 1,344,626 barrel of oil equivalent; oil and natural gas leases covered 89,846 gross acres and 5,757 net acres; and 146 gross producing wells. U.S. Energy Corp. was i... [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1966
Employees 39
Stock Exchange NASDAQ
Ticker Symbol USEG
Full Company Profile

Financial Performance

In 2022, U.S. Energy's revenue was $44.55 million, an increase of 569.15% compared to the previous year's $6.66 million. Losses were -$963,000, -45.59% less than in 2021.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for USEG stock is "Strong Buy." The 12-month stock price forecast is $3.33, which is an increase of 125.76% from the latest price.

Price Target
$3.33
(125.76% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

U.S. Energy Corp. Reports Financial and Operating Results for First Quarter 2023

HOUSTON, May 11, 2023 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality produ...

3 weeks ago - GlobeNewsWire

U.S. Energy Corp. Announces Its Participation at the Inaugural EF Hutton Global Conference on May 10, 2023

HOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing a...

3 weeks ago - GlobeNewsWire

U.S. Energy Corp. Declares Quarterly Cash Dividend

HOUSTON, May 08, 2023 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that its Board of Directors has declared a cash dividend on the Company's ...

3 weeks ago - GlobeNewsWire
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U.S. Energy Corp. Announces $5.0 Million Share Repurchase Program

HOUSTON, April 27, 2023 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing...

1 month ago - GlobeNewsWire

Top 5 Energy Stocks That Could Blast Off In April - Enviva (NYSE:EVA), Alto Ingredients (NASDAQ:ALTO)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: ALTOEVANINEPARR
1 month ago - Benzinga

U.S. Energy Corp. Reports Fourth Quarter and Full Year 2022 Financial and Operating Results

HOUSTON, April 13, 2023 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in the operation of high-quality producing oil and...

1 month ago - GlobeNewsWire

Top 5 Energy Stocks Which Could Rescue Your Portfolio This Month - Alto Ingredients (NASDAQ:ALTO), Aemetis (NASDAQ:AMTX)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: ALTOAMTXENGGEVO
1 month ago - Benzinga

Top 5 Energy Stocks That Could Blast Off In March

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: GRNTEVATALOTPL
3 months ago - Benzinga
}

U.S. Energy Corp. Reports Financial and Operating Results for Third Quarter 2022

HOUSTON, Nov. 10, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality prod...

7 months ago - GlobeNewsWire

U.S. Energy Corp. Announces Third Quarter 2022 Results Conference Call Date

HOUSTON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG, or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natura...

7 months ago - GlobeNewsWire

U.S. Energy Corp. Announces Second Quarter Financial and Operating Results

HOUSTON, Aug. 11, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“We”, “U.S. Energy” or the “Company”) today announced financial and operating results for the second quarter ended June 3...

10 months ago - GlobeNewsWire

U.S. Energy Corp. Completes Acquisition of East Texas Bolt-On

HOUSTON, July 28, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that the Company has completed its previously announced acquisition of op...

11 months ago - GlobeNewsWire

U.S. Energy Corp. Announces East Texas Bolt-On Asset Acquisition

HOUSTON, June 30, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that the Company has entered into an agreement (the “Agreement”) to acqui...

1 year ago - GlobeNewsWire
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U.S. Energy Corp. to Participate in Upcoming Investor Conference

HOUSTON, May 26, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“We”, “U.S. Energy” or the “Company”) today announced that the Company will be participating in the Louisiana Energy Confe...

1 year ago - GlobeNewsWire

U.S. Energy Corp. Announces First Quarter Financial and Operating Results

HOUSTON, May 12, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“We”, “U.S. Energy” or the “Company”) today announced financial and operating results for the first quarter ended March 31...

1 year ago - GlobeNewsWire

U.S. Energy Corp. Announces Bolt-on Acquisition of Assets

HOUSTON, May 03, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that the Company has acquired operated oil and gas producing properties in...

1 year ago - GlobeNewsWire

U.S. Energy Corp. Announces Full Year and Fourth Quarter 2021 Results; Declares First Quarterly Cash Dividend Payment

HOUSTON, March 28, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced results for the full year and fourth quarter ended December 31, 2021. In...

1 year ago - GlobeNewsWire

Why US Energy Shares Are Surging Today

Shares of independent energy company US Energy Corp (NASDAQ: USEG) are trading higher Tuesday morning amid a rise in oil and energy prices in the wake of Russia's invasion of Ukraine.  The United Stat...

1 year ago - Benzinga

U.S. Energy Corp. Announces Closing of Transformative Acquisitions

HOUSTON, Jan. 10, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced the successful closing, on January 5, 2022, of the previously announced t...

1 year ago - GlobeNewsWire

U.S. Energy Corp. Announces Third Quarter Financial and Operating Results

HOUSTON, Nov. 12, 2021 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“We”, “U.S. Energy” or the “Company”) today announced financial and operating results for the third quarter ended Septemb...

1 year ago - GlobeNewsWire

U.S. Energy Corp. Announces Entry Into Definitive Agreements In Connection With Transformative Acquisitions

HOUSTON, Oct. 05, 2021 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that it has entered into definitive purchase and sale agreements to purch...

1 year ago - GlobeNewsWire

U.S. Energy Corp. Announces Closing of $5.77 Million Underwritten Public Offering of Common Stock

HOUSTON, Feb. 17, 2021 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq: USEG) (the "Company"), today announced the closing of an underwritten public offering of 1,131,600 shares of common stock at a pub...

2 years ago - GlobeNewsWire

U.S. Energy Corp. Announces Pricing of $5.0 Million Underwritten Public Offering of Common Stock

HOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq: USEG) (the "Company"), today announced the pricing of an underwritten public offering of 984,000 shares of its common stock at a p...

2 years ago - GlobeNewsWire

U.S. Energy Corp. Announces Proposed Public Offering of Common Stock

HOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq: USEG) (the "Company"), today announced its intention to offer its shares of common stock in an underwritten public offering. In co...

2 years ago - GlobeNewsWire

U.S. Energy Corp. Announces Redemption of All Outstanding Series A Convertible Preferred Stock

HOUSTON, Jan. 07, 2021 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“We”, “U.S. Energy” or the “Company”) today announced that it has redeemed all of its issued and outstanding Series A Con...

2 years ago - GlobeNewsWire