Sector: Energy | Industry: Oil & Gas Exploration and Production |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1616 S. Voss, Suite 725 HOUSTON TX 77057 |
Tel: | N/A |
Website: | https://usnrg.com |
IR: | See website |
Key People | ||
Ryan Lewis Smith President, Chief Executive Officer, Director | Mark Zajac Chief Financial Officer, Principal Financial and Accounting Officer |
Business Overview |
U.S. Energy Corp. is an independent energy company. The Company is focused on the acquisition and development of oil and gas producing properties primarily in the United States. The Company's principal properties and operations are in the Rockies region (Montana, Wyoming and North Dakota), the Mid-Continent region (Oklahoma, Kansas, and North and East Texas), and the West Texas, South Texas, and Gulf Coast regions. |
Financial Overview |
For the nine months ended 30 September 2023, US Energy Corp revenues decreased 27% to $25M. Net loss totaled $12.6M vs. income of $848K. Revenues reflect Oil segment decrease of 22% to $21.9M. Net loss reflects Impairment of oil and natural gas proper increase from $0K to $6.5M (expense). Dividend per share decreased from $0.07 to $0.02. Basic Earnings per Share excluding Extraordinary Items decreased from $0.03 to -$0.49. |
Employees: | 39 as of Apr 12, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $40.99M as of Sep 30, 2023 |
Annual revenue (TTM): | $35.37M as of Sep 30, 2023 |
EBITDA (TTM): | $4.10M as of Sep 30, 2023 |
Net annual income (TTM): | -$14.36M as of Sep 30, 2023 |
Free cash flow (TTM): | $11.96M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $9.87M as of Sep 30, 2023 |
Shares outstanding: | 27,065,645 as of Apr 12, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |