USEG - U.S. Energy GAAP EPS of $0.16 revenue of $11.82M
- U.S. Energy press release ( NASDAQ: USEG ): Q3 GAAP EPS of $0.16.
- Revenue of $11.82M (+556.7% Y/Y).\
- Net cash from operations of $4.7 million.
- Net income of $4.1 million, or $0.16 per diluted share.
- Adjusted EBITDA, excluding derivatives impact, of $3.1 million.
- Daily production of 1,752 barrels of oil equivalent per day (“Boe/d”).
- Returned $0.6 million to shareholders through quarterly cash dividend; $1.7 million returned YTD 2022.
- Closed highly accretive acquisition of East Texas operating oil and gas properties.
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U.S. Energy GAAP EPS of $0.16, revenue of $11.82M