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US Energy
(NASDAQ:USEG)
US Energy (USEG) vs. SPDR S&P 500 ETF (SPY)
US Energy Business Overview & Revenue Model
US Energy Earnings Call Summary
US Energy Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 7.35M | 20.62M | 32.32M | 44.55M | 6.19M |
| Gross Profit | -2.26M | -276.00K | 3.16M | 14.70M | 3.77M |
| EBITDA | -6.54M | -16.81M | -20.72M | 7.50M | -273.00K |
| Net Income | -14.37M | -25.78M | -32.36M | -963.00K | -1.77M |
Balance Sheet | |||||
| Total Assets | 40.63M | 49.67M | 80.44M | 118.32M | 17.66M |
| Cash, Cash Equivalents and Short-Term Investments | 575.00K | 7.85M | 3.52M | 4.52M | 4.61M |
| Total Debt | 2.92M | 611.00K | 5.79M | 12.98M | 133.00K |
| Total Liabilities | 16.43M | 25.85M | 33.92M | 39.97M | 4.23M |
| Stockholders Equity | 24.20M | 23.82M | 46.52M | 78.35M | 13.44M |
Cash Flow | |||||
| Free Cash Flow | -19.21M | -3.33M | 1.60M | 4.25M | -1.76M |
| Operating Cash Flow | -7.14M | 4.59M | 5.47M | 10.90M | -153.00K |
| Investing Cash Flow | -11.88M | 5.77M | 2.83M | -16.95M | -3.33M |
| Financing Cash Flow | 11.73M | -5.98M | -9.36M | 6.04M | 5.05M |
US Energy Technical Analysis
US Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
85 Outperform | $89.70M | 10.31 | 689.28% | 12.50% | 22.51% | 26.50% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
57 Neutral | $41.12M | 10.89 | 7.20% | 11.00% | -0.83% | -0.82% | |
46 Neutral | $2.36M | -0.05 | -69.23% | ― | 101.82% | -605.58% | |
45 Neutral | $54.13M | -2.17 | -51.91% | ― | -57.06% | 38.11% |
US Energy Corporate Events
On March 18, 2026, U.S. Energy Corp. announced it had reached a Final Investment Decision to construct a processing facility at its Big Sky Carbon Hub in Montana’s Kevin Dome and had begun capital spending, underpinned by a fixed‑scope EPC contract with CANUSA EPC that covers engineering through commissioning. The facility is designed for about 8.0 MMcf/d of inlet capacity with initial annual output of roughly 12 million cubic feet of high‑purity helium and 125,000 metric tons of refined CO₂, supporting a multi‑decade resource base and positioning the project to tap substantial Section 45Q tax credits, with commissioning targeted for late 2026 and initial helium sales and carbon management operations expected in the first quarter of 2027.
The Big Sky Carbon Hub integrates helium production, CO₂ recovery and sequestration, and CO₂‑enhanced oil recovery over roughly 80,000 net acres, with three existing wells expected to provide low‑decline feedstock for years without further drilling. By advancing pipeline installation, locking in an experienced EPC partner and progressing long‑term helium offtake negotiations, U.S. Energy is moving a de‑risked, vertically integrated platform toward three recurring revenue streams in helium, policy‑supported carbon credits and EOR‑driven oil output, potentially strengthening its positioning in tight global helium markets and in emerging carbon management value chains.
The most recent analyst rating on (USEG) stock is a Sell with a $0.98 price target. To see the full list of analyst forecasts on US Energy stock, see the USEG Stock Forecast page.
On March 9, 2026, U.S. Energy Corp. entered into an underwriting agreement with Roth Capital Partners for a previously announced underwritten offering of 8,800,000 shares of common stock at $1.00 per share. The agreement includes customary representations, warranties, indemnification provisions and a 60‑day lock‑up restricting sales or transfers of company stock by the company, directors and executive officers without the underwriter’s consent.
The offering, conducted under an effective shelf registration statement filed in September 2025, closed on March 10, 2026 and generated approximately $8.2 million in net proceeds. U.S. Energy plans to use these funds to advance development of its Kevin Dome asset in Montana and for general corporate purposes and working capital, a move that strengthens its funding for key projects and near‑term operational needs while modestly diluting existing shareholders.
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.
U.S. Energy Corp. has been selling shares of common stock to Roth Principal Investments, LLC under a $25 million Common Stock Purchase Agreement first executed on October 9, 2025. Since a prior disclosure on February 10, 2026, the company has issued an additional 6,525,843 shares for gross proceeds of about $7.3 million, representing roughly 19.1% of its shares outstanding as of September 30, 2025.
Within this total, 1,425,000 shares, or approximately 4.0% of the September 30, 2025 share count, were sold once the average purchase price met or exceeded $1.2788 per share as defined in the agreement. A sale completed on March 2, 2026 pushed new issuances above the 5% threshold, triggering disclosure requirements, and the company now has 44,269,192 common shares outstanding following these private, exempt transactions and the effectiveness of a resale registration in December 2025.
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.
On February 25, 2026, U.S. Energy Corp. posted its February 2026 investor presentation on its website, offering updated materials for investors and analysts reviewing the company. This updated presentation provides the market with fresh context on the company’s positioning and is intended for informational use rather than as a formally filed document under securities regulations.
On February 26, 2026, U.S. Energy Corp. was scheduled to present at The Emerging Growth Conference at 12:00 PM Eastern Time, highlighting its efforts to reach a broader base of growth-focused investors. Participation in this event underscores the company’s strategy of increasing engagement with the investment community and potentially expanding its visibility among small-cap and emerging growth market participants.
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.
U.S. Energy Corp. disclosed that, under a Common Stock Purchase Agreement signed on October 9, 2025, with Roth Principal Investments, it may sell up to $25 million of its common stock at its discretion, subject to specified conditions. Between its November 12, 2025 quarterly filing and subsequent transactions through February 10, 2026, the company issued 2,022,539 shares for gross proceeds of about $2 million, representing roughly 5.7% of its shares outstanding as of September 30, 2025.
The February 10, 2026 sale caused issuances under the agreement to exceed 5% of outstanding shares, triggering disclosure requirements for unregistered equity sales. The shares were sold in a private placement to accredited investor Roth Principal Investments under a Securities Act exemption, and U.S. Energy later filed a registration statement, declared effective on December 1, 2025, to permit Roth’s resale of those shares, highlighting an ongoing use of equity financing that dilutes existing shareholders while bolstering the company’s capital base.
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.