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Us Energy Corp  (USEG)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $1.0200 $0.02 1.493%
Day's High: $1.03 Week Perf: 0.99 %
Day's Low: $ 1.00 30 Day Perf: -6.42 %
Volume (M): 18 52 Wk High: $ 2.69
Volume (M$): $ 18 52 Wk Avg: $1.36
Open: $1.00 52 Wk Low: $0.83



 Market Capitalization (Millions $) 26
 Shares Outstanding (Millions) 25
 Employees 2
 Revenues (TTM) (Millions $) 35
 Net Income (TTM) (Millions $) -14
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 3

Us Energy Corp

U.S. Energy Corp., is a Wyoming corporation organized in 1966. We are an independent energy company focused on the acquisition and development of oil and gas producing properties in the continental United States. Our business activities are currently focused in South Texas and the Williston Basin in North Dakota. However, we do not intend to limit our focus to these geographic areas. We continue to focus on increasing production, reserves, revenues and cash flow from operations while managing our level of debt.

We have historically explored for and produced oil and gas through a non-operator business model. As a non-operator, we rely on our operating partners to propose, permit, drill, complete and produce oil and gas wells. Before a well is drilled, the operator provides all oil and gas interest owners in the designated well the opportunity to participate in the drilling and completion costs and revenues of the well on a pro-rata basis. Our operating partners also produce, transport, market and account for all oil and gas production. We are currently developing our capability to operate properties.

We believe that additional value can be generated if we have the ability to operate oil and gas properties because operatorship will allow us to control drilling and production timing, capital costs and future planning of operations. We plan to look for opportunities to operate our own wells in the near future through acquisition of new oil and gas properties and/or by consolidating ownership in and around the areas in which we currently participate. We believe the current price climate will make opportunities available for us to acquire and/or develop operated properties, and our objective is to eventually operate the properties which comprise the majority of our production.

We currently participate in oil and gas projects as a non-operating working interest owner through exploration and development agreements with various oil and gas exploration and production companies. Our working interest varies by project and may change over time based on the terms of our leases and operating agreements. These projects may result in numerous wells being drilled over the next three to five years depending on, among other things, commodity prices and the availability of capital resources required to fund the expenditures. We are also actively pursuing potential acquisitions of exploration, development and production-stage oil and gas properties or companies.



   Company Address: 1616 S. Voss Road, Suite 725 Houston 77057 TX
   Company Phone Number: 509-8734   Stock Exchange / Ticker: NASDAQ USEG
   USEG is expected to report next financial results on April 12, 2024.


Customers Net Income fell by USEG's Customers Net Profit Margin fell to

-42.1 %

11.92 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHKEW     
DVN        0.97% 
EOG   -0.95%    
OXY        1.53% 
PXD        2.1% 
SWN        4.99% 
• View Complete Report
   



Us Energy Corp

US Energy Corp Reports Disappointing Q1 Results with a Loss of $-0.05 per Share, Falling Behind Competitors in Revenue per Employee

US Energy Corp's revenue per employee fell on a trailing twelve month basis to $21,976,000, below the company's average number of $8,894,605. This news comes as Us Energy Corp's overall ranking has deteriorated compared to the fourth quarter of 2022, from 39 to 50.
Among the companies peers within the Energy sector, employees of nine other companies have achieved higher revenue per employee. This indicates that Us Energy Corp is not performing as well as its competitors.






 

Us Energy's Segments
 
 
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