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Joshua Batchelor Resigns from US Energy Board

Story Highlights
  • Joshua Batchelor resigned from U.S. Energy Corp.’s Board on April 21, 2025.
  • The Board will reduce to six members, with no replacement nominee expected from Banner Oil & Gas, LLC.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Joshua Batchelor Resigns from US Energy Board

Confident Investing Starts Here:

US Energy ( (USEG) ) has provided an announcement.

On April 21, 2025, Joshua Batchelor resigned from the Board of U.S. Energy Corp., effective immediately, after deciding not to stand for re-election at the upcoming 2025 Annual Meeting of Stockholders. His resignation is linked to his responsibilities at Sage Road Capital and not due to any disagreements with the company. As a result, the Board plans to reduce its size to six members at the time of the meeting, and Banner Oil & Gas, LLC, along with its affiliates, is not expected to nominate a replacement for Mr. Batchelor.

Spark’s Take on USEG Stock

According to Spark, TipRanks’ AI Analyst, USEG is a Neutral.

US Energy’s overall stock score reflects significant financial and operational challenges, with persistent losses and declining revenues. Technical analysis indicates current bearish trends, while valuation metrics highlight profitability issues. However, strategic projects in industrial gas and a debt-free position offer some future potential if operational and market conditions improve.

To see Spark’s full report on USEG stock, click here.

More about US Energy

YTD Price Performance: -32.92%

Average Trading Volume: 1,700,276

Technical Sentiment Signal: Buy

Current Market Cap: $36.53M

Find detailed analytics on USEG stock on TipRanks’ Stock Analysis page.

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