USEG - NASDAQ
U.S. Energy Corp.
$1.12
-22%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.
At a Glance
Live SnapshotU.S. Energy Corp. Profit Bridge
Profitability Analysis
Gross Margin
Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
U.S. Energy Corp. Income Statement
USEG • NASDAQ
| U.S. Energy Corp. Income Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
20.6M | 32.3M | 44.6M | 6.2M | 2.2M | 6.1M | 5.5M | 6.5M | 5.7M | 10.3M | 32.4M | 33.6M | 32.5M | 30.1M | 27.2M | 9.6M | 2.3M | 1.2M | 813.4K | 849.5K | |
GROSS PROFIT | ||||||||||||||||||||
(20.9M) | (29.2M) | (29.9M) | (2.4M) | (1.5M) | (1.8M) | (2.7M) | (4.2M) | (2.7M) | (7.4M) | (10.6M) | (13.5M) | (13.7M) | (13.9M) | (10.3M) | (9.5M) | (4.2M) | (2.6M) | (2.6M) | (1.7M) | |
-276K | 3.2M | 14.7M | 3.8M | 627K | 4.3M | 2.9M | 2.4M | 3M | 2.9M | 21.7M | 20.1M | 18.8M | 16.2M | 16.9M | 177K | -1.9M | -1.4M | -1.8M | -833.1K | |
OPERATING INCOME | ||||||||||||||||||||
(25.5M) | (38.2M) | (11.2M) | (5.2M) | (6M) | (5.1M) | (3.7M) | (3.7M) | (5.4M) | (14.3M) | (24.2M) | (19.3M) | (21.7M) | (22.3M) | (19.6M) | (9.4M) | (7.6M) | (15.3M) | (7M) | (6.9M) | |
(8.2M) | (11.5M) | (11.2M) | (3.8M) | (2.6M) | (4.4M) | (3.7M) | (3.7M) | (2.9M) | (5.9M) | (6.6M) | (5.7M) | (6.8M) | (8.3M) | (9M) | (9.4M) | (7.6M) | (15.3M) | (14M) | (6.9M) | |
-25.7M | -35M | 3.5M | -1.4M | -5.4M | -790K | -1.1M | -988K | -11.9M | -69.1M | -2.5M | -5M | -10.3M | -6.1M | -4.2M | -9.3M | -9.5M | -16.7M | -16.7M | -6.1M | |
PRE-TAX INCOME | ||||||||||||||||||||
(530K) | (1.1M) | (544K) | (57K) | (14K) | (11K) | (106K) | (513K) | (442K) | (263K) | (385K) | (284K) | (338K) | (326K) | (70K) | (98K) | (485.8K) | (72.3K) | (112.6K) | (4M) | |
-530K | -1.1M | -544K | -57K | -14K | -11K | -93K | -513K | -442K | -263K | -381K | -276K | -329K | -286K | 42K | 216K | 940K | 2.7M | 619.7K | -3.6M | |
(17.3M) | (26.7M) | (0.0) | (1.4M) | (3.4M) | (707.6K) | (0.0) | (0.0) | (2.5M) | (431K) | (84K) | (160K) | (241K) | (14M) | (10.6M) | (0.0) | (0.0) | (0.0) | -7M | (0.0) | |
-26K | 1.8M | -6.4M | -335K | -1.1M | 240K | 107K | -372K | 257K | 1.8M | 397K | -6M | 849K | 131K | -507K | -1.2M | -1.6M | 109M | 2.3M | -484K | |
-25.8M | -33.2M | -2.9M | -1.8M | -6.5M | -550K | -1M | -1.4M | -11.7M | -67.3M | -2.1M | -7.7M | -9.5M | -5.9M | -2.5M | -10.5M | -9.6M | 88.7M | -14.3M | -6.6M | |
NET INCOME | ||||||||||||||||||||
(20K) | -891K | -1.9M | (0.0) | -42K | (0.0) | (0.0) | -4.9M | (0.0) | (0.0) | -778K | (7.8M) | -44K | -3.8M | -1.7M | -2.3M | -3.3M | (32.4M) | -15.3M | -27.2M | |
-25.8M | -32.4M | -963K | -1.8M | -6.4M | -550K | -1M | -1.4M | -14.1M | -92.9M | -2.1M | -7.4M | -11.2M | -4.8M | -772K | -8.2M | -1.4M | 56.4M | 1.1M | 8.8M |
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 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 13, 2026 | February 10, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 26, 2025 | November 26, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 12, 2025 | November 12, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 12, 2025 | September 30, 2025 | 2025 | |
S-1 S-1 N/A | October 09, 2025 | October 09, 2025 | ||
8-K 8-K 2025 N/A | October 09, 2025 | October 09, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 19, 2025 | September 16, 2025 | 2025 | |
S-3 S-3 N/A | September 12, 2025 | September 12, 2025 |
Related Guides
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Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.