U.S. Energy

US Energy Corp. engages in the acquisition and development of oil and natural gas properties. It operates in Rockis, Mid Con, South Texas, and West Texas. The company was founded on January 26, 1966 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

U.S. Energy Corp. reports steady production amidst weather challenges

U.S. Energy Corp. navigated challenges from severe weather to maintain steady production levels.
Efficient cost control measures and focus on value-added projects demonstrate operational resilience.
Financially, the company reported a net loss but maintained a strong balance sheet.
Future opportunities lie in optimizing production, cost management, and strategic decision-making.

U.S. Energy reports improved Q3 performance, eyes growth opportunities

U.S. Energy Corporation showed improved financial performance in Q3 2024, with a focus on operational efficiency and growth initiatives.
Progress on the Montana project and the sale of South Texas properties highlight potential for revenue growth and strategic realignment.
Challenges include operational uncertainties and balancing growth with financial discipline, while opportunities lie in M&A and revenue expansion.

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U.S. Energy Corp. (NASDAQ:USEG ) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Mason McGuire - Vice President, Finance Ryan Smith - President & Chief Executive Officer Mark Zajac - Chief Financial Officer Conference Call Participants Jesse Sobelson - D. Boral Capital John Davenport - Johnson Rice Tom Kerr - Zacks Investment Research Operator Good day, and welcome to the U.S. Energy Corporation Third Quarter 2024 Results Conference Call.

U.S. Energy Corp. (USEG) Q3 2024 Earnings Call Transcript

HOUSTON, Oct. 11, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”) a growth-focused company engaged in the operation and development of high-quality producing energy assets, today announced that on October 10, 2024, the Company received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that Nasdaq has determined that the Company has regained compliance with the minimum bid price rule and that the Company is in compliance with all applicable listing standards. Accordingly, the matter is now closed.

U.S. Energy Corp. Regains Full Compliance with Nasdaq Listing Standards

U.S. Energy Corp. (NASDAQ:USEG ) Q2 2024 Earnings Conference Call August 8, 2024 11:30 AM ET Company Participants Mason McGuire - Director of Corporate Development Ryan Smith - President, Chief Executive Officer & Director Mark Zajac - Chief Financial Officer Conference Call Participants Jesse Sobelson - EF Hutton Charles Meade - Johnson Rice Operator Greetings. Welcome to the U.S. Energy Corporation's Second Quarter 2024 Results Conference Call.

U.S. Energy Corp. (USEG) Q2 2024 Earnings Call Transcript

HOUSTON, Aug. 07, 2024 (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 producing assets, today reported financial and operating results for the three months ended June 30, 2024.

U.S. Energy Corp. Reports Financial and Operating Results for Second Quarter 2024

HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”) today announced that the Company has closed the sale (the “Transaction”) of assets located in South Texas (the “South Texas Assets”). The Transaction was previously announced on July 9, 2024.

U.S. Energy Corp. Closes Asset Sale for South Texas Properties

HOUSTON, Aug. 05, 2024 (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 producing assets, today announced that it will issue second quarter 2024 results after the market closes on Wednesday, August 7, 2024.

U.S. Energy Corp. Announces Second Quarter 2024 Results and Conference Call Date

U.S. Energy Corp. (NASDAQ:USEG ) Investor Conference Call July 17, 2024 10:00 AM ET Company Participants Mason McGuire - Director of Corporate Development Ryan Smith - Chief Executive Officer Conference Call Participants John White - Roth Capital Partners Charles Meade - Johnson Rice Operator Welcome to the U.S. Energy Corporation Investor Call [Operator Instructions]. As a reminder, this conference is being recorded.

U.S. Energy Corp. (USEG) Investor Conference Call (Transcript)

HOUSTON, July 09, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”) today announced that the Company has executed definitive documents (the “Transaction”) for the sale of assets located in South Texas (the “South Texas Assets”). The Transaction is subject to customary conditions to closing and the Transaction may not close on a timely basis, or at all.

U.S. Energy Corp. Announces Entry Into Binding Agreement For Asset Sale For South Texas Properties

HOUSTON, July 01, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”) today announced that the Company has closed a transaction (the “Agreement”) with Wavetech Helium Inc (“Wavetech” or “WT”) for the acquisition of operated acreage targeting helium production across the Kevin Dome structure in Toole County, Montana (the “WT Asset”). Additionally, the Company has executed a non-binding letter of intent (the “LOI”) with Synergy Offshore, LLC (“Synergy” or “SOG”) to acquire offsetting operated acreage (the “SOG Asset”), forming a largely contiguous acreage position across the Kevin Dome of approximately 164,000 net acres, as discussed in greater detail below (collectively the “Assets”).

U.S. Energy Corp. Announces Transformative Acquisition Targeting Helium Production

U.S. Energy Corp. (NASDAQ:USEG ) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Mason McGuire - Director, Corporate Development Ryan Smith - Chief Executive Officer Mark Zajac - Chief Financial Officer Conference Call Participants Charles Meade - Johnson Rice Tim Moore - EF Hutton Operator Greetings. And welcome to the U.S. Energy Corporation First Quarter 2024 Results Conference Call.

U.S. Energy Corp. (USEG) Q1 2024 Earnings Call Transcript

HOUSTON, May 09, 2024 (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 producing oil and natural gas assets, today reported financial and operating results for the three months ended March 31, 2024.

U.S. Energy Corp. Reports Financial and Operating Results for First Quarter 2024

HOUSTON, April 30, 2024 (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 oil and natural gas assets, announced today that it will be participating in the EF Hutton Global Conference on May 15, 2024, at the Plaza Hotel in New York City. Ryan Smith, Chief Executive Officer of the Company, will host one-on-one meetings with investors at the conference.

U.S. Energy Corp. Announces Its Participation in the EF Hutton Annual Global Conference

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U.S. Energy Corp. (USEG) Q4 2023 Earnings Call Transcript

HOUSTON, March 26, 2024 (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 producing oil and natural gas assets, today reported financial and operating results for the three and twelve months ended December 31, 2023.

U.S. Energy Corp. Reports Financial and Operating Results for Full Year and Fourth Quarter 2023

HOUSTON, March 21, 2024 (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 natural gas assets, today announced that it will issue fourth quarter and year end 2023 results after the market closes on Tuesday, March 26, 2024.

U.S. Energy Corp. Announces Fourth Quarter and Year End 2023 Results Conference Call Date

HOUSTON, March 21, 2024 (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 assets, today announced that its Board of Directors has authorized the extension of the previously announced share repurchase program under which the Company may purchase up to $5.0 million of its outstanding shares of common stock in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934. The repurchase program was originally approved in April 2023, and was to expire on June 30, 2024, which expiration date has now been extended until June 30, 2025. A total of up to approximately $4.2 million remains available under the repurchase program for future repurchases.

U.S. Energy Corp. Announces Extension of $5.0 Million Share Repurchase Program

HOUSTON, March 12, 2024 (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 oil and natural gas assets, announced today that it will be participating in the Sidoti Virtual Small Cap Conference on March 14, 2024. Ryan Smith, Chief Executive Officer of the Company, will present and host one-on-one meetings with investors at the conference.

U.S. Energy Corp. Announces Its Participation in Upcoming Investor Conference

HOUSTON, Jan. 10, 2024 (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 natural gas assets, today announced it had completed a series of non-core asset divestitures.

U.S. Energy Corp. Announces Completion of Asset Divestitures and Provides Liquidity Update

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HOUSTON, Nov. 13, 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 producing oil and natural gas assets, today reported financial and operating results for the three months ended September 30, 2023.

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

HOUSTON, Aug. 14, 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 producing oil and natural gas assets, today reported financial and operating results for the three months ended June 30, 2023.

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

HOUSTON, June 05, 2023 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that Mark Zajac has been appointed Chief Financial Officer (“CFO”), effective June 1, 2023. Mr. Zajac brings 30 years of leadership experience across energy and finance, primarily as a Partner and national industry leader with KPMG.

U.S. Energy Corp. Announces Appointment of New Chief Financial Officer

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 producing oil and natural gas assets, today reported financial and operating results for the three months ended March 31, 2023.

U.S. Energy Corp. Reports Financial and Operating Results for First Quarter 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 assets, announced today that it will be attending the EF Hutton Global Conference to be held at the Plaza Hotel in New York, New York on May 10-11, 2023. Ryan Smith, Chief Executive Officer of the Company, will host one-on-one meetings with investors at the conference. The Company's investor deck is posted on the Company's website at www.usnrg.com.

News for U.S. Energy Stock (USEG)