USEG - NASDAQ

U.S. Energy Corp.

USEG·NASDAQ

$1.12

-22%

EnergyOil & Gas Exploration & Production

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the continental United States. It holds interests in various oil and gas properties in the Williston Basin in North Dakota; the Permian Basin in New Mexico; and Texas. As of December 31, 2021, the company had an estimated proved reserves of 1,344,626 barrel of oil equivalent; oil and natural gas leases covered 89,846 gross acres and 5,757 net acres; and 146 gross producing wells. U.S. Energy Corp. was incorporated in 1966 and is based in Houston, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$40.15M

EPS-0.9600

P/E Ratio-1.69

Earnings Date03/12/2026

49.67M

Assets

-38%

3Y+181.0%

5Y+269.0%

10Y+50.0%

25.85M

Total Liabilities

-24%

3Y+511.0%

5Y+1045.0%

10Y+46.0%

23.82M

Total Equity

-49%

3Y+77.0%

5Y+112.0%

10Y+54.0%

U.S. Energy Corp. Funding & Solvency Profile

USEG · NASDAQ

Current Assets

Cash & Cash Equivalents7.72M

Net Receivables1.70M

Inventory0.00

Other Current Assets47.00K

Total Current Assets10 M

Non-Current Assets

Property, Plant & Equipment39.64M

Goodwill & Intangible Assets0.00

Long-Term Investments0.00

Other Non-Current Assets300.00K

Total Non-Current Assets40 M

Total Assets

49.67M

Financial Health Analysis

Current Ratio

0.79x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.09x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-2624000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

20% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital but strong cash position suggests an efficient operating model (common in retail/subscription businesses) rather than financial distress.

U.S. Energy Corp. Balance Sheet

USEG • NASDAQ

U.S. Energy Corp. Balance Sheet	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006	Dec 2005
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	7.7M	3.4M	4.4M	4.4M	2.9M	1.5M	2.3M	3.3M	2.5M	3.4M	4M	5.9M	2.8M	12.9M	6M	33.4M	8.4M	72.3M	17M	7M
Short-Term Investments	131K	164K	107K	191K	181K	307K	536K	876K	0.0	251K	25K	69K	183K	166K	19.2M	23.2M	56.7M	7.1M	1.3M	328.7K
Cash & Short-Term Investments	7.9M	3.5M	4.5M	4.6M	3M	1.8M	2.9M	4.2M	2.5M	3.6M	4M	5.9M	3M	13M	25.2M	56.6M	65.1M	79.4M	18.2M	7.3M
Net Receivables	1.7M	2.7M	3.6M	1M	514K	716K	699K	687K	562K	1.1M	3.2M	6.8M	5.2M	5.6M	4.2M	4.2M	6.9M	2.1M	905.4K	265.5K
Accounts Receivables	1.3M	2.3M	3.2M	933K	514K	716K	697K	687K	562K	1.1M	3.2M	6.8M	5.2M	5.5M	3.9M	3.9M	600K	171.7K	716.5K	251.4K
Other Receivables	406K	400K	382K	76K	0.0	0.0	2K	0.0	0.0	0.0	0.0	0.0	0.0	113K	218K	355K	6.3M	1.9M	188.9K	14.1K
Inventory	0.0	0.0	313K	0.0	975K	0.0	0.0	1M	767K	2M	0.0	14K	17.5M	18.1M	0.0	0.0	0.0	164.9K	33.7K	32.7K
Prepaids	119K	88K	138K	64K	184K	0.0	113K	0.0	0.0	0.0	0.0	0.0	0.0	-18.1M	0.0	0.0	738.3K	105K	132.8K	112.5K
Other Current Assets	47K	2M	-100K	289K	0.0	138K	0.0	1.1M	862K	2.3M	288K	436K	17.8M	18.5M	457K	1.2M	0.0	1.2M	24M	102.5K
Total Current Assets	9.7M	8.4M	8.4M	6M	4.7M	2.7M	3.7M	5.9M	4.9M	6.8M	7.5M	13.2M	26M	37.1M	29.8M	62.1M	72.8M	82.7M	43.3M	7.8M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	39.6M	71.8M	109.5M	8.8M	7.6M	10.7M	11M	9.3M	11.7M	26.1M	114.2M	111.9M	110.8M	120.9M	121.5M	80.5M	65.5M	48.1M	6.1M	6.4M
Long-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	35K	35K	0.0	0.0	2.3M	2.6M	2.8M	3M	3.5M	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	610.2K	0.0
Other Non-Current Assets	300K	305K	354K	2.9M	65K	26K	78K	66K	121K	171K	1.9M	1.8M	1.7M	1.8M	1.8M	1.2M	915.7K	582K	1.9M	23.9M
Total Non-Current Assets	39.9M	72.1M	109.9M	11.7M	7.7M	10.8M	11.1M	9.4M	11.9M	26.3M	116M	113.6M	114.8M	125.3M	126.2M	84.6M	69.9M	48.7M	8.6M	30.3M
Total Assets	49.7M	80.4M	118.3M	17.7M	12.4M	13.5M	14.8M	15.3M	16.8M	33.1M	123.5M	126.8M	140.8M	162.4M	156M	146.7M	142.6M	131.4M	51.9M	38.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	7.7M	1.9M	2.6M	965K	1.5M	974K	670K	707K	743K	1.8M	7.4M	6.2M	2.7M	9.4M	14.9M	6.5M	897.7K	1.6M	1.1M	433K
Accounts Payable	2.2M	1.9M	2.6M	891K	1.5M	974K	670K	707K	743K	1.8M	7.4M	6.2M	2.7M	9.4M	14.9M	6.5M	897.7K	1.6M	1.1M	433K
Other Payables	5.5M	0.0	0.0	74K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	800.0	0.0	0.0
Accrued Expenses	2.6M	2.8M	2.9M	482K	312K	191K	63K	65K	49K	1.4M	511K	638K	295K	511K	1.7M	1.7M	682.2K	275K	1.3M	177.1K
Short Term Debt	0.0	0.0	0.0	0.0	375K	58K	937K	600K	6M	6M	0.0	0.0	200K	200K	200K	200K	17.7M	5.6M	937.2K	156.5K
Capital Lease Obligations (Current)	196K	182K	189K	114K	65K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	653K	454K	319K	37K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	104K	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-707K	0.0	6.2M	0.0	0.0	295K	501K	1.7M	1.7M	682.2K	277.9K	1.2M	177.1K
Other Current Liabilities	1.9M	6.1M	5.9M	1.2M	0.0	0.0	0.0	211K	4.1M	7.5M	14K	386K	10.1M	10.9M	2M	224K	714.6K	667.3K	8.3M	465.6K
Total Current Liabilities	12.3M	11.1M	11.5M	2.7M	2.2M	1.2M	1.7M	1.6M	10.9M	16.6M	8M	7.2M	13.3M	20.9M	18.8M	8.7M	20M	8.1M	11.6M	1.2M
NON-CURRENT LIABILITIES
Long Term Debt	0.0	5M	12M	0.0	0.0	0.0	0.0	937K	0.0	0.0	6M	9M	10M	12.2M	400K	600K	1M	190.5K	294.9K	880.3K
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	510K	9.7M	-1.2M	726.2K	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	0.0	16K	898K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.2M	5M	7.3M	8.9M	6.9M	0.0	0.0
Other Non-Current Liabilities	13.1M	17.2M	14.8M	1.5M	1.5M	892K	1.4M	2.1M	2.1M	1M	2.2M	1.6M	1.5M	822K	1.2M	973K	144.1K	1.1M	2.3M	9.7M
Total Non-Current Liabilities	13.5M	22.8M	28.5M	1.5M	1.6M	1M	1.4M	3.1M	2.1M	1M	8.2M	10.6M	11.5M	14.7M	6.6M	8.9M	10.8M	8.2M	2.6M	10.5M
Capital Lease Obligations	611K	793K	983K	133K	143K	142K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-510K	0.0	0.0	-726.2K	0.0	0.0	0.0
Total Liabilities	25.8M	33.9M	40M	4.2M	3.8M	2.3M	3.1M	4.7M	13M	17.7M	16.1M	17.7M	24.7M	35.7M	25.3M	17.6M	30.8M	16.3M	14.2M	11.8M
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-923.5K	-2.9M
Preferred Stock	0.0	0.0	0.0	0.0	12.4M	2M	2M	1K	1K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	279K	253K	250K	47K	33K	13K	134K	118K	61K	282K	280K	277K	277K	274K	271K	264K	219.4K	235.9K	196.6K	188.2K
Additional Paid-In Capital	221.5M	218.4M	216.7M	149.3M	142.7M	136.9M	136.7M	134.6M	127.6M	124.9M	124M	123.5M	123.1M	122.5M	121.1M	119M	94M	96.6M	73M	68M
Retained Earnings	-197.9M	-172.1M	-138.6M	-135.9M	-134.1M	-127.7M	-127.1M	-125.2M	-123.8M	-109.7M	-16.8M	-14.7M	-7.3M	3.9M	8.7M	9.5M	17.7M	19.1M	-39.1M	-40.2M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	-12.4M	0.0	0.0	-903K	-55K	-83.8M	-56K	-12K	101K	78K	642K	386K	0.0	-747K	-184.5K	-588.6K
Total Stockholders' Equity	23.8M	46.5M	78.4M	13.4M	8.6M	11.2M	11.7M	10.7M	3.8M	15.5M	107.4M	109.1M	116.1M	126.8M	130.7M	129.1M	111.8M	115.1M	33M	24.6M
Total Equity	23.8M	46.5M	78.4M	13.4M	8.6M	11.2M	11.7M	10.7M	3.8M	15.5M	107.4M	109.1M	116.1M	126.8M	130.7M	129.1M	111.8M	115.1M	37.7M	26.3M
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.7M	1.8M
SUMMARY
Total Liabilities & Equity	49.7M	80.4M	118.3M	17.7M	12.4M	13.5M	14.8M	15.3M	16.8M	33.1M	123.5M	126.8M	140.8M	162.4M	156M	146.7M	142.6M	131.4M	51.9M	38.1M
Total Investments	131K	164K	107K	191K	181K	307K	536K	876K	35K	251K	25K	69K	2.4M	2.8M	22M	26.2M	60.1M	7.1M	1.3M	328.7K
Total Debt	611K	5.8M	13M	133K	518K	200K	937K	1.5M	6M	6M	6M	9M	10.2M	12.4M	600K	800K	18.7M	5.8M	1.2M	1M
Net Debt	-7.1M	2.4M	8.6M	-4.3M	-2.3M	-1.3M	-1.4M	-1.7M	3.5M	2.6M	2M	3.1M	7.4M	-474K	-5.4M	-32.6M	10.3M	-66.5M	-15.7M	-6M
Shares Outstanding	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800	35,833,800

SEC Filings

USEG - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	March 04, 2026	March 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 25, 2026	February 25, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 13, 2026	February 10, 2026	2026	View Filing
8-K 8-K 2025 N/A	November 26, 2025	November 26, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 12, 2025	November 12, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 12, 2025	September 30, 2025	2025	View Filing
S-1 S-1 N/A	October 09, 2025	October 09, 2025		View Filing
8-K 8-K 2025 N/A	October 09, 2025	October 09, 2025	2025	View Filing
8-K 8-K 2025 N/A	September 19, 2025	September 16, 2025	2025	View Filing
S-3 S-3 N/A	September 12, 2025	September 12, 2025		View Filing

Showing 1 to 10 of 656 filings

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