Last $4.06 USD
Change Today 0.00 / 0.00%
Volume 52.5K
USEG On Other Exchanges
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As of 5:20 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

u s energy corp - wyoming (USEG) Snapshot

Open
$4.06
Previous Close
$4.06
Day High
$4.08
Day Low
$4.02
52 Week High
04/2/14 - $5.08
52 Week Low
09/13/13 - $1.85
Market Cap
113.3M
Average Volume 10 Days
85.1K
EPS TTM
$0.02
Shares Outstanding
27.9M
EX-Date
07/3/07
P/E TM
203.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for U S ENERGY CORP - WYOMING (USEG)

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u s energy corp - wyoming (USEG) Details

U.S. Energy Corp., an independent energy company, focuses on the acquisition and development of oil and gas producing properties and other mineral properties in the continental United States. It operates in two segments, Oil and Gas, and Maintenance of Mineral Properties. The company has oil and gas projects in Buda Limestone Formation and Eagle Ford Shale in South Texas; Williston Basin of North Dakota; and U.S. Gulf Coast in South Texas, as well as in Louisiana. As of December 31, 2013, it had estimated proved reserves of 3,855,033 barrels of oil equivalent. The company has 143,267 gross acres of leases, and 120 gross producing wells. It also owns the Mount Emmons molybdenum project comprising 9,853 acres located in west central Colorado. U.S. Energy Corp. was founded in 1966 and is headquartered in Riverton, Wyoming.

15 Employees
Last Reported Date: 03/12/14
Founded in 1966

u s energy corp - wyoming (USEG) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $296.2K
President, Chief Operating Officer, Director,...
Total Annual Compensation: $287.0K
Chief Financial Officer
Total Annual Compensation: $190.3K
Principal Accounting Officer and Controller
Total Annual Compensation: $182.4K
General Counsel and Corporate Secretary
Total Annual Compensation: $202.4K
Compensation as of Fiscal Year 2013.

u s energy corp - wyoming (USEG) Key Developments

US Energy Corp. Reports Unaudited Production and Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Capital Expenditure Guidance for the Second Half of 2014

US Energy Corp. reported unaudited production and earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company produced 116,499 barrels of oil equivalent or 1,280 BOE per day from 117 gross (18.14 net) wells. The company averaged 1,352 net BOE/D for the month of June 2014. For the quarter, the company recorded net income after taxes of $56,000, or $0.00 per share basic and diluted, as compared to net income after taxes of $573,000, or $0.02 per share basic and diluted, during the same period of 2013. Adjusted net income was $293,000 or $0.01 per basic and diluted share. Adjusted net income was $244,000 for the second quarter of 2013, or $0.01 per basic and diluted share. The company generated income from operations of $0.769 million compared to $0.151 million during the quarter ended June 30, 2013. The company recognized $9.1 million in revenues compared to $7.9 million during the same period of the prior year. The $1.2 million increase in revenue is primarily due to higher oil and gas prices and higher gas sales volumes in the second quarter of 2014 when compared to the same period in 2013. Modified EBITDAX was $4.2 million, an increase of 12.5% compared to a modified EBITDAX of $3.8 million for the three months ended June 30, 2013. For the six months, the company produced 221,592 BOE, or an average of 1,224 BOE/D. For the six months, the company recorded net income after taxes of $306,000, or $0.01 per share basic and diluted, as compared to a net loss after taxes of $5.3 million, or $0.19 per share basic and diluted, during the same period of 2013. Adjusted net income was $717,000 or $0.03 per basic and diluted share compared to adjusted net income was $791,000 for the six months ending June 30, 2013, or $0.03 per basic and diluted share. The company generated income from operations of $1.396 million compared to loss from operations of $5.974 million during the six months ended June 30, 2013, excluding the $5.8 million non-cash impairment charge taken on oil and gas properties during the six months ended June 30, 2013. The company recognized $17.4 million in revenues compared to $15.8 million during the same period in 2013. The $1.6 million increase in revenue is primarily due to higher oil and gas sales volumes and higher oil and gas prices in the first six months of 2014 as compared to the first six months of 2013. Modified EBITDAX was $8.3 million, an increase of 2.4% compared to a modified EBITDAX of $8.1 million for the six months ended June 30, 2013. Under $30.2 million capital expenditures budget for 2014, the company spent approximately $17.3 million to fund 2014 oil and gas drilling programs through June 30, 2014. For the second half of 2014, $12.9 million is currently budgeted to be spent on exploration, development and acquisition initiatives in South Texas and in the Williston Basin of North Dakota.

US Energy Corp. to Report Q2, 2014 Results on Aug 12, 2014

US Energy Corp. announced that they will report Q2, 2014 results at 11:00 AM, US Mountain Standard Time on Aug 12, 2014

US Energy Corp., Q2 2014 Earnings Call, Aug 12, 2014

US Energy Corp., Q2 2014 Earnings Call, Aug 12, 2014

 

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USEG Competitors

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Company Last Change
Emerald Oil Inc $8.27 USD +0.05
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Evolution Petroleum Corp $9.92 USD -0.13
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Industry Analysis

USEG

Industry Average

Valuation USEG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.2x
Price/Book 1.0x
Price/Cash Flow 9.4x
TEV/Sales 2.9x
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