U.S. Energy (USEG) Scheduled to Post Quarterly Earnings on Wednesday

U.S. Energy (NASDAQ:USEG) will release its earnings data after the market closes on Wednesday, August 7th.

U.S. Energy (NASDAQ:USEG) last announced its earnings results on Thursday, May 9th. The energy company reported ($0.17) earnings per share for the quarter. The company had revenue of $5.39 million for the quarter. U.S. Energy had a negative return on equity of 62.97% and a negative net margin of 138.09%.

U.S. Energy Trading Down 1.0 %

Shares of NASDAQ:USEG traded down $0.01 during mid-day trading on Tuesday, reaching $0.97. 38,175 shares of the company were exchanged, compared to its average volume of 65,926. The firm has a market cap of $24.53 million, a price-to-earnings ratio of -0.61 and a beta of 0.45. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.51 and a quick ratio of 0.51. U.S. Energy has a 1 year low of $0.81 and a 1 year high of $1.76. The firm’s 50-day simple moving average is $1.06 and its 200 day simple moving average is $1.09.

Analyst Ratings Changes

Separately, StockNews.com started coverage on U.S. Energy in a report on Tuesday, July 30th. They set a “sell” rating for the company.

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.