u.s. energy corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the united states. it holds interests in various oil and gas properties primarily in north dakota and south texas. the company was founded in 1966 and is based in houston, texas.
Company profile
Ticker
USEG
Exchange
Website
CEO
Ryan Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
WESTERN STATES MINING INC
SEC CIK
Corporate docs
Subsidiaries
Energy One LLC • New Horizon Resources, LLC ...
IRS number
830205516
USEG stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
26 Mar 24
8-K
U.S. Energy Corp. Reports Financial and Operating Results for Full Year and Fourth Quarter 2023
26 Mar 24
8-K
U.S. Energy Corp. Announces Extension of $5.0 Million Share Repurchase Program
21 Mar 24
8-K
U.S. Energy Corp. Reports Financial and Operating Results for Third Quarter 2023
13 Nov 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
U.S. Energy Corp. Reports Financial and Operating Results for Second Quarter 2023
14 Aug 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
Departure of Directors or Certain Officers
1 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
23 Jun 23
8-K
Changes in Registrant's Certifying Accountant
16 Jun 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 1.97 mm | 1.97 mm | 1.97 mm | 1.97 mm | 1.97 mm | 1.97 mm |
Cash burn (monthly) | (no burn) | 93.25 k | 2.98 mm | 1.25 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 557.67 k | 17.84 mm | 7.45 mm | n/a | n/a |
Cash remaining | n/a | 1.42 mm | -15.87 mm | -5.47 mm | n/a | n/a |
Runway (months of cash) | n/a | 15.2 | -5.3 | -4.4 | n/a | n/a |
Institutional ownership, Q3 2023
88.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 24 |
Opened positions | 3 |
Closed positions | 2 |
Increased positions | 7 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 912.09 mm |
Total shares | 22.61 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Joshua Lane Batchelor | 6.79 mm | $22.07 mm |
Synergy Offshore | 6.55 mm | $21.28 mm |
Hightower Melanie | 6.55 mm | $22.65 mm |
Duane H King | 2.03 mm | $6.37 mm |
Vanguard | 215.00 k | $290.25 mm |
Geode Capital Management | 83.02 k | $112.11 mm |
Verity Asset Management | 76.72 k | $103.58 mm |
Millennium Management | 55.77 k | $75.29 mm |
CVI Investments | 50.00 k | $184.00 k |
Bridgeway Capital Management | 43.00 k | $58.05 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Mar 24 | Joshua Lane Batchelor | Common Stock | Grant | Acquire A | No | No | 0 | 60,000 | 0.00 | 108,913 |
19 Mar 24 | James W Denny Iii | Common Stock | Grant | Acquire A | No | No | 0 | 60,000 | 0.00 | 163,913 |
19 Mar 24 | Duane H King | Common Stock | Grant | Acquire A | No | No | 0 | 60,000 | 0.00 | 148,913 |
19 Mar 24 | Mark L. Zajac | Common Stock | Grant | Acquire A | No | No | 0 | 180,000 | 0.00 | 280,000 |
19 Mar 24 | John A Weinzierl | Common Stock | Grant | Acquire A | No | No | 0 | 120,000 | 0.00 | 417,826 |
News
EF Hutton Maintains Buy on US Energy, Lowers Price Target to $2
28 Mar 24
US Energy Q4 EPS $(0.78) Misses $(0.03) Estimate, Sales $7.32M Miss $8.87M Estimate
26 Mar 24
Recap: US Energy Q4 Earnings
26 Mar 24
US Energy Q4 Sales $7.300M Miss $8.869M Estimate
26 Mar 24
Earnings Scheduled For March 26, 2024
26 Mar 24