U.S. Energy Balance Sheet Health

Financial Health criteria checks 3/6

U.S. Energy has a total shareholder equity of $36.7M and total debt of $5.0M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are $70.3M and $33.5M respectively.

Key information

13.6%

Debt to equity ratio

US$5.00m

Debt

Interest coverage ratio	n/a
Cash	US$2.19m
Equity	US$36.74m
Total liabilities	US$33.53m
Total assets	US$70.27m

Recent financial health updates

Recent updates

U.S. Energy Corp.'s (NASDAQ:USEG) Shares Bounce 25% But Its Business Still Trails The Industry

Apr 20

Is U.S. Energy (NASDAQ:USEG) A Risky Investment?

Mar 26

A Look At The Fair Value Of U.S. Energy Corp. (NASDAQ:USEG)

Dec 21

Is U.S. Energy (NASDAQ:USEG) Using Debt Sensibly?

Oct 28

Does U.S. Energy (NASDAQ:USEG) Have A Healthy Balance Sheet?

Jul 25

We Think U.S. Energy (NASDAQ:USEG) Has A Fair Chunk Of Debt

Mar 16

U.S. Energy (NASDAQ:USEG) Is Making Moderate Use Of Debt

Sep 24

U.S. Energy Corp.: Unrecognized Potential

Sep 04

U.S. Energy declares $0.0225 dividend

Jul 18

Old Hedges Are Killing U.S. Energy Corp

Jun 04

U.S. Energy prices offering at $3/share

Nov 12

U.S. Energy rallies on East Texas assets acquisition agreement

Nov 09

Financial Position Analysis

Short Term Liabilities: USEG's short term assets ($5.4M) do not cover its short term liabilities ($10.5M).

Long Term Liabilities: USEG's short term assets ($5.4M) do not cover its long term liabilities ($23.0M).

Debt to Equity History and Analysis

Debt Level: USEG's net debt to equity ratio (7.7%) is considered satisfactory.

Reducing Debt: USEG's debt to equity ratio has increased from 1.4% to 13.6% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable USEG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: USEG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.7% per year.

U.S. Energy Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Is U.S. Energy (NASDAQ:USEG) A Risky Investment?

Is U.S. Energy (NASDAQ:USEG) Using Debt Sensibly?

Does U.S. Energy (NASDAQ:USEG) Have A Healthy Balance Sheet?

We Think U.S. Energy (NASDAQ:USEG) Has A Fair Chunk Of Debt

U.S. Energy (NASDAQ:USEG) Is Making Moderate Use Of Debt

Recent updates

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.'s (NASDAQ:USEG) Shares Bounce 25% But Its Business Still Trails The Industry

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

New minor risk - Shareholder dilution

Consensus EPS estimates fall by 675%

Full year 2023 earnings: EPS and revenues miss analyst expectations

Is U.S. Energy (NASDAQ:USEG) A Risky Investment?

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

A Look At The Fair Value Of U.S. Energy Corp. (NASDAQ:USEG)

New major risk - Revenue and earnings growth

Is U.S. Energy (NASDAQ:USEG) Using Debt Sensibly?

New minor risk - Shareholder dilution

Price target decreased by 8.1% to US$2.85

New major risk - Revenue and earnings growth

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

Does U.S. Energy (NASDAQ:USEG) Have A Healthy Balance Sheet?

Investor sentiment improves as stock rises 16%

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

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

Price target decreased by 7.1% to US$3.25

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

We Think U.S. Energy (NASDAQ:USEG) Has A Fair Chunk Of Debt

Now 25% undervalued after recent price drop

Price target decreased by 9.7% to US$3.50

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

Price target decreased to US$3.88

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 US$90k worth of stock

U.S. Energy (NASDAQ:USEG) Is Making Moderate Use Of Debt

U.S. Energy Corp.: Unrecognized Potential

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 declares $0.0225 dividend

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.

Old Hedges Are Killing U.S. Energy Corp

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Price target increased to US$6.25

Price target increased to US$6.25

Inaugural dividend of US$0.022 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations

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: US$6.57

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

U.S. Energy prices offering at $3/share

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

U.S. Energy rallies on East Texas assets acquisition agreement

New 90-day low: US$4.02

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 low - US$4.54

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet