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U.S. Energy Corp. Announces Fourth Quarter and Year End 2024 Results Conference Call Date
Newsfilter· 2025-03-11 20:05
Core Viewpoint - U.S. Energy Corporation is set to announce its fourth quarter and year-end 2024 financial results on March 13, 2025, before market opening [1] Group 1: Financial Results Announcement - The company will issue its financial results for Q4 and the full year of 2024 on March 13, 2025 [1] - A conference call is scheduled for the same day at 9:00 a.m. ET to discuss the financial results and recent events [2] - A webcast of the conference call will be available on the company's Investor Relations website [2] Group 2: Company Overview - U.S. Energy Corporation focuses on the development and operation of high-quality energy and industrial gas assets in the U.S. [3] - The company aims for low-risk development while providing attractive returns to shareholders [3] - U.S. Energy is committed to reducing its carbon footprint in its operational areas [3]
U.S. Energy Corp. to Present at the Emerging Growth Conference on February 18, 2025
GlobeNewswire· 2025-02-17 21:05
Core Viewpoint - U.S. Energy Corp is actively engaging with investors through a presentation at the Emerging Growth Conference, highlighting its focus on growth and high-quality energy assets [1][2][3] Group 1: Company Overview - U.S. Energy Corp is a growth-focused energy company that operates a portfolio of high-quality producing assets in the United States [1][3] - The company aims to optimize production and generate free cash flow through low-risk development while maintaining attractive shareholder returns [3] Group 2: Event Details - The company will present at the Emerging Growth Conference on February 18, 2025, at 12:00 p.m. Eastern Time for a duration of 30 minutes [1][3] - The presentation will include an overview by President and CEO Ryan Smith, followed by a Q&A session with the investment community [2][3] Group 3: Investor Engagement - U.S. Energy invites both individual and institutional investors, as well as advisors and analysts, to participate in the interactive presentation [2] - Questions for the Q&A session can be submitted in advance to enhance engagement with the audience [2]
U.S. Energy Corp. Announces Extension of $5.0 Million Share Repurchase Program and Separate Affiliate Share Repurchase
GlobeNewswire· 2025-01-29 12:00
Core Viewpoint - U.S. Energy Corp. has extended its share repurchase program, allowing for the purchase of up to $5.0 million of its common stock, with approximately $3.8 million remaining for future repurchases, now set to expire on June 30, 2026 [1][2][4]. Share Repurchase Program - The share repurchase program was initially approved in April 2023 and extended in March 2024, reflecting the company's commitment to capital allocation and shareholder value [1][3]. - Since the program's initiation, the company has repurchased 985,000 shares, which is 2.8% of total shares outstanding, at an average price of $1.24 per share [4]. Management Commentary - The CEO emphasized a disciplined capital allocation strategy aimed at enhancing shareholder value through the share repurchase program, which is seen as a tax-efficient method of returning capital to shareholders [3]. Affiliate Share Repurchase - Following a recent underwritten offering, the company repurchased 635,400 shares from affiliates of Sage Road Capital at a price of $2.47775 per share, with these affiliates continuing to hold 6,304,037 shares as of January 29, 2025 [5]. Financial Disclosures - The repurchase program allows for shares to be bought back in the open market or through negotiated transactions, with management having discretion over the timing and pricing of repurchases [8][10]. - All shares repurchased will be retired and returned to treasury [11].
D. Boral Capital Served as Co-manager to U.S. Energy Corp. (Nasdaq: USEG) in connection with its up to $12.1 Million Public Offering
GlobeNewswire News Room· 2025-01-27 18:29
HOUSTON, Jan. 27, 2025 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG, “U.S. Energy” or the “Company”) announced today the closing of its previously announced underwritten public offering of 4,871,400 shares of its common stock, which includes 635,400 shares sold pursuant to the exercise in full by the underwriters of their over-allotment option, par value $0.01 per share, at a public offering price of $2.65 per share, for total net proceeds, after underwriting commissions, of approximately $12.1 milli ...
U.S. Energy Corp. Announces Closing of Underwritten Public Offering of Common Stock and Exercise in Full of Over-Allotment Option
GlobeNewswire· 2025-01-23 21:15
Offering Details - U S Energy Corp closed its underwritten public offering of 4 871 400 shares of common stock at $2 65 per share, including 635 400 shares from the over-allotment option, resulting in total net proceeds of approximately $12 1 million [1] Use of Proceeds - The net proceeds will be used to fund growth capital for the industrial gas development project, including new wells and processing plant equipment, and to support upcoming operations [2] - Proceeds from the over-allotment option may be used to purchase shares of common stock from Sage Road Capital, LLC or its affiliates at the net offering price [2] Offering Management - Roth Capital Partners acted as the sole book-running manager, while Johnson Rice & Company and D Boral Capital served as co-managers for the offering [3] - The Loev Law Firm, PC represented the company, and K&L Gates LLP represented the underwriters [3] Registration and Documentation - The offering was made pursuant to a shelf registration statement on Form S-3, including a base prospectus filed with the SEC, which became effective on September 15, 2022 [4] - The prospectus supplement and accompanying base prospectus are available on the SEC's website and can be obtained by contacting Roth Capital Partners [4] Company Overview - U S Energy Corp is a growth company focused on consolidating high-quality assets in the United States, optimizing production, generating free cash flow, and maintaining attractive shareholder returns [6] - The company is committed to reducing its carbon footprint in its operational areas [6]
U.S. Energy Corp. Announces Closing of Underwritten Public Offering of Common Stock and Exercise in Full of Over-Allotment Option
Newsfilter· 2025-01-23 21:15
HOUSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG, "U.S. Energy" or the "Company"), "U.S. Energy" or the "Company") announced today the closing of its previously announced underwritten public offering of 4,871,400 shares of its common stock, which includes 635,400 shares sold pursuant to the exercise in full by the underwriters of their over-allotment option, par value $0.01 per share, at a public offering price of $2.65 per share, for total net proceeds, after underwriting commissio ...
U.S. Energy Corp.: Trading Oil Assets For Helium Development
Seeking Alpha· 2025-01-23 16:46
U.S. Energy Corp. (NASDAQ: USEG ) has been a rather boring stock with mundane oil and gas assets and no strong growth prospects for a microcap company. However, starting this year, the company is making a transition fromI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate propertie ...
U.S. Energy Corp. Announces Pricing of Underwritten Public Offering Of Common Stock
Newsfilter· 2025-01-22 13:35
HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG, "U.S. Energy" or the "Company"), "U.S. Energy" or the "Company") today announced the pricing of its underwritten public offering of 4,236,000 shares of its common stock, par value $0.01 per share ("Class A common stock"), at a public offering price of $2.65 per share, for total net proceeds, after underwriting commissions, of approximately $10.5 million. Additionally, the Company has granted the underwriters an overallotment of 635,4 ...
U.S. Energy Corp. Announces Pricing of Underwritten Public Offering Of Common Stock
GlobeNewswire· 2025-01-22 13:35
HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG, “U.S. Energy” or the “Company”) today announced the pricing of its underwritten public offering of 4,236,000 shares of its common stock, par value $0.01 per share (“Class A common stock”), at a public offering price of $2.65 per share, for total net proceeds, after underwriting commissions, of approximately $10.5 million. Additionally, the Company has granted the underwriters an overallotment of 635,400 shares. The offering is expe ...
U.S. Energy Corp. Announces Recent AcquisitionTargeting Industrial Gas Production
Newsfilter· 2025-01-10 12:00
HOUSTON, Jan. 10, 2025 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ:USEG, "U.S. Energy" or the "Company"), "U.S. Energy" or the "Company") today announced that the Company has closed a transaction (the "Agreement") with Synergy Offshore, LLC ("Synergy" or "SOG") for the acquisition of operated acreage targeting helium and other industrial gas production across the Kevin Dome structure in Toole County, Montana (the "SOG Asset"). HIGHLIGHTS The SOG Asset includes: Approximately 24,000 net acres strateg ...