U.S. Energy (USEG) to Release Quarterly Earnings on Thursday

U.S. Energy (NASDAQ:USEG) is scheduled to be announcing its earnings results after the market closes on Thursday, May 9th.

U.S. Energy (NASDAQ:USEG) last announced its quarterly earnings results on Tuesday, March 26th. The energy company reported ($0.78) EPS for the quarter. The firm had revenue of $7.32 million for the quarter. U.S. Energy had a negative return on equity of 49.00% and a negative net margin of 100.13%.

U.S. Energy Price Performance

Shares of NASDAQ:USEG traded down $0.01 during midday trading on Wednesday, hitting $1.15. 2,348 shares of the stock were exchanged, compared to its average volume of 73,217. The stock has a market cap of $31.03 million, a P/E ratio of -0.88 and a beta of 0.55. U.S. Energy has a twelve month low of $0.83 and a twelve month high of $1.76. The company has a 50 day moving average price of $1.14 and a 200-day moving average price of $1.12. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.11.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of U.S. Energy in a research note on Friday, May 3rd. They set a “sell” rating on the stock.

U.S. Energy Company Profile

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.