USEG News and Press, U.S. Energy Corp. From 03/06/23

2023-03-06 01:44:09 ET Summary U.S. Energy is an unconventional oil and gas producer in Texas, North Dakota, and the Mid Continent. The company quickly increased production in 2022 thanks to three private companies' contribution of already productive assets in exchange for a major...

U.S. Energy ( NASDAQ: USEG ) said Tuesday its year-end 2022 proved developed producing reserves increased by 24% to 7.8 million barrels of oil equivalent, of which 65% is crude oil. The company said fourth quarter 2022 average daily production grew to 1,918 barrels of oil...

HOUSTON, Feb. 21, 2023 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, today announced its 2022 proved reserves and provided an upda...

NEW YORK, NY / ACCESSWIRE / January 17, 2023 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 18-19, 2023. The links can also be found at www.sidoticonference.com/events . ...

Summary U.S. Energy recently exchanged stock to outsiders who now control 80% of the voting shares after the sale. This transition has been underway since before 2019 when the new board was appointed. The major transformative acquisition allows an acquisition strategy to grow. M...

U.S. Energy Corp. (USEG) Q3 2022 Earnings Conference Call November 11, 2022 08:30 ET Company Participants Ryan Smith - Chief Executive Officer Conference Call Participants Charles Meade - Johnson Rice Ignacio Bernaldez - EF Hutton Presentation ...

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...

HOUSTON, Nov. 10, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today reported financial and ...

HOUSTON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG, or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today announced that it will issue third quarter 2022 results a...

Summary USEG is a relatively small oil & gas producer that acquired production assets in early January 2022. The timing would have been impeccable, but they constrained their upside by entering into hedges that limited income. In fact, derivative losses caused them to lose...