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US Energy ( (USEG) ) has provided an update.
U.S. Energy Corp. has filed a report to update consents from Weaver and Tidwell, L.L.P., and On Point Resources, Inc., for incorporation into its Registration Statement. These consents relate to the company’s financial statements and estimated oil and gas reserves, impacting its regulatory compliance and investor information.
The most recent analyst rating on (USEG) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on US Energy stock, see the USEG Stock Forecast page.
Spark’s Take on USEG Stock
According to Spark, TipRanks’ AI Analyst, USEG is a Neutral.
US Energy’s overall stock score is primarily impacted by its financial performance challenges, including declining revenues and profitability. Technical analysis indicates bearish momentum, while valuation metrics reflect unprofitability. The earnings call provided some positive developments, but challenges remain significant.
To see Spark’s full report on USEG stock, click here.
More about US Energy
Average Trading Volume: 436,311
Technical Sentiment Signal: Strong Sell
Current Market Cap: $34.21M
For a thorough assessment of USEG stock, go to TipRanks’ Stock Analysis page.