U.S. Energy (NASDAQ:USEG) Releases Quarterly Earnings Results, Misses Estimates By $0.05 EPS

U.S. Energy (NASDAQ:USEG) released its quarterly earnings data on Monday. The energy company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.05), RTT News reports. U.S. Energy had a negative net margin of 141.51% and a negative return on equity of 71.83%.

U.S. Energy Price Performance

Shares of U.S. Energy stock opened at $1.12 on Monday. U.S. Energy has a 1 year low of $0.81 and a 1 year high of $6.40. The business has a 50-day moving average of $1.22 and a two-hundred day moving average of $1.63. The company has a market capitalization of $40.09 million, a P/E ratio of -0.85 and a beta of 0.71.

Wall Street Analyst Weigh In

USEG has been the subject of a number of research analyst reports. D. Boral Capital reaffirmed a “buy” rating and set a $3.50 price objective on shares of U.S. Energy in a research report on Thursday, March 13th. StockNews.com cut shares of U.S. Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, April 9th.

About U.S. Energy

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.