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U.S. Energy (USEG)

Company Profile

Company profile

Ticker

USEG

Exchange

Website

CEO

Mr. Ryan Lewis Smith

Incorporated

Location

Fiscal year end

Sector

Mining, Quarrying, and Oil and Gas Extraction > Oil and Gas

Industry (SIC)

Crude Petroleum & Natural Gas

Petróleo Brasileiro S.A. - Petrobras • Occidental Petroleum • Devon Energy • Expand Energy • Marathon Oil • EOG Resources • Pressburg • Ovintiv • Murphy Oil • Noble Energy ...

Former names

ACADEMIC COMPUTER SYSTEMS INC, WORLDS COM INC, Worlds.com, Inc.

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Energy One LLC • New Horizon Resources, LLC ...

IRS number

830205516

USEG stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$2.00

Low target

$2.00

High target

$2.00

D. Boral Capital

Latest filings (excl ownership)

View all

U.S. Energy Corp. Announces Entry Into Binding Agreement For Sale

U.S. Energy Corp. Reports Financial and Operating Results

Quarterly report

12 Nov 24

U.S. Energy Corp. Provides Corporate Update including Commencement of Development Program and Complete Debt Repayment

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

Departure of Directors or Certain Officers

Additional proxy soliciting materials

Financial Statements and Exhibits

Transcripts

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Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

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Ryan Lewis Smith

Ryan Lewis Smith

Ryan Lewis Smith

Ryan Lewis Smith

Ryan Lewis Smith

Ryan Lewis Smith

Ryan Lewis Smith

Ryan Lewis Smith

Ryan Lewis Smith

Ryan Lewis Smith

Financial summary

Financial statements Chart USEG financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.16 mm	1.16 mm	1.16 mm	1.16 mm	1.16 mm	1.16 mm
Cash burn (monthly)	283.67 k	1.67 k	1.38 mm	3.73 mm	(no burn)	(no burn)
Cash used (since last report)	798.88 k	4.69 k	3.90 mm	10.51 mm	n/a	n/a
Cash remaining	356.12 k	1.15 mm	-2.74 mm	-9.36 mm	n/a	n/a
Runway (months of cash)	1.3	690.2	-2.0	-2.5	n/a	n/a

Beta Read what these cash burn values mean

Financial data from U.S. Energy earnings reports.

Institutional ownership, Q2 2024

USEG institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	7	23	-69.6%
Opened positions	2	18	-88.9%
Closed positions	18	0	NEW
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	76.20 mm	763.41 mm	-90.0%
Total shares	29.41 mm	22.66 mm	+29.8%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Joshua Lane Batchelor	6.79 mm	$22.07 mm	0.0%
Synergy Offshore	6.55 mm	$21.28 mm	0.0%
Hightower Melanie	6.55 mm	$22.65 mm	0.0%
John A Weinzierl	4.85 mm	$5.15 mm	NEW
Wavetech Helium	2.60 mm	$2.73 mm	NEW
Duane H King	2.03 mm	$2.15 mm	0.0%
CVI Investments	50.00 k	$184.00 k	0.0%

Largest transactions	Shares	Bought/sold	Change
John A Weinzierl	4.85 mm	+4.85 mm	NEW
Wavetech Helium	2.60 mm	+2.60 mm	NEW
Vanguard	0.00	-239.80 k	EXIT
Verity Asset Management	0.00	-99.35 k	EXIT
Geode Capital Management	0.00	-83.02 k	EXIT
Renaissance Technologies	0.00	-54.99 k	EXIT
Bridgeway Capital Management	0.00	-45.94 k	EXIT
Scissortail Wealth Management	0.00	-45.00 k	EXIT
BLK BlackRock	0.00	-36.46 k	EXIT
STT State Street	0.00	-31.67 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

USEG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Dec 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.46	500	730.00	890,614
18 Dec 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.48	500	740.00	890,114
25 Nov 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.77	500	885.00	888,614
22 Nov 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.84	500	920.00	888,114
21 Nov 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.86	500	930.00	887,614
20 Nov 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.76	500	880.00	887,114
18 Nov 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.84	500	920.00	886,614
15 Nov 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.68	500	840.00	886,114
14 Nov 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.59	500	795.00	885,614
13 Nov 24	Ryan Lewis Smith	Common Stock	Buy	Acquire P	No	No	1.53	500	765.00	885,114

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

U.S. Energy Corp. Announces $6.825 Million Asset Sale In East Texas, Stock Surges

U.S. Energy Corp. announces a $6.825 million asset sale in East Texas, with proceeds directed toward its industrial gas project in Montana.

U.S. Energy Announces Entry Into Binding Agreement For Sale Of East Texas Properties At All Cash Proceeds of $6.825M; Transaction To Close On Or Before December 31, 2024

U.S. Energy has agreed to sell the majority of its East Texas assets located in Anderson, Chambers, Henderson, and Liberty Counties, Texas, to a private buyer. The East Texas Assets, representing a total of 122 wells,

D. Boral Capital Maintains Buy on US Energy, Maintains $2 Price Target

D. Boral Capital analyst Jesse Sobelson maintains US Energy (NASDAQ:USEG) with a Buy and maintains $2 price target.

US Energy Q3 2024 GAAP EPS $(0.08) Misses $(0.04) Estimate, Sales $4.957M Miss $5.816M Estimate

Earnings Scheduled For November 12, 2024

Press releases

From Benzinga Pro

U.S. Energy Corp. Announces Entry Into Binding Agreement For Sale Of East Texas Properties

HOUSTON, Dec. 13, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ:USEG, "U.S. Energy" or the "Company"), "U.S. Energy" or the "Company") today announced that the Company has executed definitive documents for

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

HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ:USEG, "U.S. Energy" or the "Company")), a growth-focused energy company engaged in the development and operation of high-quality producing

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

HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ:USEG, "U.S. Energy" or the "Company")), a growth-focused company engaged in the development and operation of high-quality producing energy and

U.S. Energy Corp. Announces Major Helium Discovery from Initial Development Program

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

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