US Energy Corp (USEG, Financial) experienced a significant stock price decline of 6.40%. The stock is currently valued at $1.17 per share with a trading volume of 84,500 shares and a turnover rate of 0.30%, demonstrating a price volatility of 10.40%.
In its recent financial report, US Energy reported a revenue of $6.05 million, a net loss of $1.97 million, and an earnings per share (EPS) of -$0.08. The gross profit stood at $375,000, with a price-to-earnings (P/E) ratio of -0.77. Despite these figures, the single analyst covering the stock recommends a 'buy' rating.
Within the oil and gas exploration and production sector, in which USEG operates, an overall decline of 0.11% was observed. Noteworthy performers include Vista Energy, Geopark Ltd, and Mach Natural Resources, showing significant gains. Eon Resources, Indonesia Energy Corporation, and Houston Energy displayed high activity levels with turnover rates of 16.39%, 15.20%, and 7.99%, respectively. In terms of volatility, Eon Resources, US Energy, and Houston Energy showed notable fluctuations.
US Energy Corp is an independent energy company focused on acquiring and developing oil and gas production properties within the continental United States, particularly in southern Texas and the Williston Basin in North Dakota. The company generates its revenue from its interests in oil and gas production and sales.
