U.S. Energy Past Earnings Performance

Past criteria checks 0/6

U.S. Energy's earnings have been declining at an average annual rate of -62.3%, while the Oil and Gas industry saw earnings growing at 27.1% annually. Revenues have been growing at an average rate of 40.8% per year.

Key information

-62.3%

Earnings growth rate

22.4%

EPS growth rate

Oil and Gas Industry Growth	37.3%
Revenue growth rate	40.8%
Return on equity	-93.9%
Net Margin	-150.8%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How U.S. Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:UE22 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	22	-34	9
30 Jun 24	26	-40	10
31 Mar 24	28	-41	11
31 Dec 23	30	-32	12
30 Sep 23	33	-14	12
30 Jun 23	36	-1	12
31 Mar 23	41	1	11
31 Dec 22	42	-1	11
30 Sep 22	34	-1	10
30 Jun 22	24	-5	8
31 Mar 22	13	-5	6
31 Dec 21	6	-2	4
30 Sep 21	5	-1	3
30 Jun 21	4	-3	3
31 Mar 21	2	-6	3
31 Dec 20	2	-6	3
30 Sep 20	3	-6	4
30 Jun 20	4	-5	4
31 Mar 20	6	-1	4
31 Dec 19	6	-1	4
30 Sep 19	6	-1	2
30 Jun 19	5	0	2
31 Mar 19	5	-1	4
31 Dec 18	5	-1	4
30 Sep 18	5	-2	4
30 Jun 18	6	-3	4
31 Mar 18	6	-1	3
31 Dec 17	6	-2	3
30 Sep 17	6	0	4
30 Jun 17	6	0	4
31 Mar 17	6	-4	3
31 Dec 16	6	-12	3
30 Sep 16	7	-29	3
30 Jun 16	8	-51	4
31 Mar 16	9	-53	5
31 Dec 15	10	-67	5
30 Sep 15	13	-50	6
30 Jun 15	20	-28	6
31 Mar 15	27	-22	6
31 Dec 14	32	1	6
30 Sep 14	37	-1	7
30 Jun 14	35	-2	6
31 Mar 14	34	-1	6

Quality Earnings: UE22 is currently unprofitable.

Growing Profit Margin: UE22 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: UE22 is unprofitable, and losses have increased over the past 5 years at a rate of 62.3% per year.

Accelerating Growth: Unable to compare UE22's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UE22 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-17.9%).

Return on Equity

High ROE: UE22 has a negative Return on Equity (-93.93%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/04 15:42
End of Day Share Price	2025/02/04 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

U.S. Energy Corp. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jeffrey Connolly	Brean Capital
Joel Musante	C. K. Cooper & Company, Inc.
Jesse Sobelson	D. Boral Capital LLC.

U.S. Energy Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: US$0.08 loss per share (vs US$0.35 loss in 3Q 2023)

U.S. Energy Corp. to Report Q3, 2024 Results on Nov 12, 2024

Second quarter 2024 earnings released: US$0.078 loss per share (vs US$0.10 loss in 2Q 2023)

U.S. Energy Corp. to Report Q2, 2024 Results on Aug 07, 2024

First quarter 2024 earnings released: US$0.38 loss per share (vs US$0.05 loss in 1Q 2023)

U.S. Energy Corp. to Report Q1, 2024 Results on May 09, 2024

Recent updates

U.S. Energy Corp. has completed a Follow-on Equity Offering in the amount of $11.2254 million.

U.S. Energy Corp. has completed a Follow-on Equity Offering in the amount of $11.2254 million.

U.S. Energy Corp. (NasdaqCM:USEG) completed the acquisition of Assets of Synergy Offshore LLC for $23.4 million.

U.S. Energy Corp. (NasdaqCM:USEG) completed the acquisition of Assets of Synergy Offshore LLC for $23.4 million.

Third quarter 2024 earnings released: US$0.08 loss per share (vs US$0.35 loss in 3Q 2023)

U.S. Energy Corp. to Report Q3, 2024 Results on Nov 12, 2024

U.S. Energy Regains Full Compliance with Nasdaq Listing Standards

Now 28% undervalued

New minor risk - Share price stability

U.S. Energy Receives Written Notice from Nasdaq Due to Non-Compliance with the Minimum Bid Price Requirements Under Nasdaq Listing Rule 5550(a)(2) for Continued Listing on The Nasdaq Capital Market

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: US$0.078 loss per share (vs US$0.10 loss in 2Q 2023)

U.S. Energy Corp. to Report Q2, 2024 Results on Aug 07, 2024

U.S. Energy Corp. (NasdaqCM:USEG) completed the acquisition of Assets of Synergy Offshore LLC. for $13.4 million.

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

New minor risk - Share price stability

First quarter 2024 earnings released: US$0.38 loss per share (vs US$0.05 loss in 1Q 2023)

U.S. Energy Corp. to Report Q1, 2024 Results on May 09, 2024

U.S. Energy Corp., Annual General Meeting, May 17, 2024

New minor risk - Shareholder dilution

Full year 2023 earnings released: US$1.28 loss per share (vs US$0.039 loss in FY 2022)

U.S. Energy Corp. to Report Q4, 2023 Results on Mar 26, 2024

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: US$0.35 loss per share (vs US$0.16 profit in 3Q 2022)

New minor risk - Financial position

Second quarter 2023 earnings released: US$0.10 loss per share (vs US$0.005 profit in 2Q 2022)

Investor sentiment improves as stock rises 18%

U.S. Energy Corp. Announces Chief Financial Officer Changes

U.S. Energy Corp. Declares Quarterly Cash Dividend, Payable on May 30, 2023

Full year 2022 earnings released: US$0.039 loss per share (vs US$0.39 loss in FY 2021)

Now 27% undervalued after recent price drop

U.S. Energy Corp. Declares Quarterly Cash Dividend, Payable on February 23, 2023

Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.017 in 3Q 2021)

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.017 in 3Q 2021)

U.S. Energy Corp. Declares Quarterly Cash Dividend, Payable on November 22, 2022

Insider recently bought €91k worth of stock

Second quarter 2022 earnings released: EPS: US$0.005 (vs US$0.044 loss in 2Q 2021)

Upcoming dividend of US$0.022 per share

U.S. Energy Corp. (NasdaqCM:USEG) completed the acquisition of Assets of Eagle Oil & Gas Co.

U.S. Energy Corp. Declares Cash Dividend on the Company's Common Stock, Payable on August 22, 2022

U.S. Energy Corp. (NasdaqCM:USEG) entered into a Purchase and Sale Agreement to acquire Assets of Eagle Oil & Gas Co. for $11.8 million.

First quarter 2022 earnings released: US$0.14 loss per share (vs US$0.041 loss in 1Q 2021)

U.S. Energy Corp. (NasdaqCM:USEG) acquired Oil and Gas producing Properties located in Liberty County, TX for $1 million.

U.S. Energy Corp. (NasdaqCM:USEG) acquired Oil and Gas producing Properties located in Liberty County, TX for $1 million.

U.S. Energy Corp., Annual General Meeting, Jun 21, 2022

High number of new and inexperienced directors

Inaugural dividend of US$0.022 per share

Full year 2021 earnings released: US$0.39 loss per share (vs US$3.94 loss in FY 2020)

U.S. Energy Corp. Initiates First Quarterly Cash Dividend, Payable on May 2, 2022

Third quarter 2021 earnings released: EPS US$0.017 (vs US$1.30 loss in 3Q 2020)

U.S. Energy Corp. (NasdaqCM:USEG) agreed to acquire Certain Oil and Gas Assets Of Synergy Offshore, LLC from Synergy Offshore, LLC.

Second quarter 2021 earnings released: US$0.044 loss per share (vs US$2.68 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.041 loss per share (vs US$0.30 loss in 1Q 2020)

Full year 2020 earnings released: US$3.94 loss per share (vs US$0.69 loss in FY 2019)

Director has left the company

U.S. Energy Corp. Announces Board Changes

New 90-day high: €4.86

Third quarter 2020 earnings released: US$1.30 loss per share

U.S. Energy Corp. (NasdaqCM:USEG) offers to acquire producing assets Located in Liberty County, Texas for $0.25 million.

New 90-day low: €2.98

U.S. Energy Corp. (NasdaqCM:USEG) entered into a memorandum of understanding to acquire 67 wells concentrated in Williams and McKenzie Counties, North Dakota from APEG Energy II, LP for approximately $17.8 million.

U.S. Energy Corp. (NasdaqCM:USEG) acquired Select Upstream Assets of FieldPoint Petroleum Corporation (OTCPK:FPPP) for $0.5 million.

New 90-day high: €9.20

New 90-day low - €3.40

Earnings released

Revenue & Expenses Breakdown

Earnings and Revenue History