USEG · US Energy Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.60M | - | $1.74M | $2.03M | $2.19M | - | $4.96M | $6.05M | $5.39M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.05M | - | $2.11M | $2.25M | $2.39M | - | $1.88M | $2.09M | $2.21M | - |
| Total Operating Expenses | $4.75M | - | $5.12M | $8.27M | $5.28M | - | $9.11M | $7.76M | $13.41M | - |
| D&A | $559.0K | - | $816.0K | $1.12M | $1.12M | - | $2.03M | $2.90M | $2.19M | - |
| Operating Income | ($3.14M) | - | ($3.38M) | ($6.24M) | ($3.09M) | - | ($4.15M) | ($1.72M) | ($8.02M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | ($20.0K) | ($4.0K) | $18.0K | - |
| Net Income | ($3.19M) | - | ($3.34M) | ($6.06M) | ($3.11M) | - | ($2.25M) | ($1.97M) | ($9.54M) | - |
| EPS - Basic | ($0.08) | - | ($0.10) | ($0.19) | ($0.10) | - | ($0.08) | ($0.08) | ($0.38) | - |
| EPS - Diluted | - | - | - | ($0.19) | - | - | ($0.08) | ($0.08) | ($0.38) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.45M | $429.0K | $1.42M | $6.73M | $10.50M | $7.72M | $1.16M | $2.22M | $2.01M | $3.35M |
| Accounts Receivable | $714.0K | $454.0K | $490.0K | $567.0K | $609.0K | $1.30M | $1.42M | $1.90M | $2.09M | $2.34M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $1.02M | $837.0K | $2.70M | - | $1.32M | $2.20M | $2.17M | $1.83M | $2.14M | $1.94M |
| Current Assets | $12.49M | $1.99M | $2.80M | $8.21M | $12.09M | $9.72M | $3.39M | $5.19M | $5.40M | $8.37M |
| Total Assets | $55.19M | $40.63M | $46.50M | $50.99M | $55.84M | $49.67M | $64.08M | $73.68M | $70.27M | $80.44M |
| Current Liabilities | $6.52M | $6.02M | $8.47M | $10.77M | $8.77M | $12.35M | $10.88M | $10.36M | $10.49M | $11.08M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $16.72M | $16.43M | $21.46M | $23.03M | $22.28M | $25.85M | $28.34M | $35.95M | $33.53M | $33.92M |
| Stockholders' Equity | $38.48M | $24.20M | $25.04M | $27.96M | $33.56M | $23.82M | $35.73M | $37.73M | $36.74M | $46.52M |
| Retained Earnings | ($215.10M) | ($211.91M) | ($210.43M) | ($207.09M) | ($201.03M) | ($197.92M) | ($185.89M) | ($183.65M) | ($181.67M) | ($172.13M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.45M) | - | - | - | ($4.54M) | - | - | - | ($603.0K) | - |
| Investing Cash Flow | ($4.43M) | - | - | - | ($2.42M) | - | - | - | ($179.0K) | - |
| Financing Cash Flow | $16.91M | - | - | - | $9.74M | - | - | - | ($563.0K) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -196.0% | - | -194.4% | -307.6% | -140.8% | - | -83.8% | -28.4% | -148.8% | - |
| EBITDA margin | -161.2% | - | -147.5% | -252.5% | -89.8% | - | -42.8% | 19.5% | -108.1% | - |
| Net margin | -198.6% | - | -192.2% | -298.7% | -141.9% | - | -45.3% | -32.6% | -176.9% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 190.0% | - | 121.6% | 110.7% | 108.9% | - | 38.0% | 34.6% | 40.9% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -5.8% | - | -7.2% | -11.9% | -5.6% | - | -3.5% | -2.7% | -13.6% | - |
| Return on equity | -8.3% | - | -13.3% | -21.7% | -9.3% | - | -6.3% | -5.2% | -26.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.92 | 0.33 | 0.33 | 0.76 | 1.38 | 0.79 | 0.31 | 0.50 | 0.51 | 0.76 |
| Quick ratio | 1.92 | 0.33 | 0.33 | 0.76 | 1.38 | 0.79 | 0.31 | 0.50 | 0.51 | 0.76 |
| Cash ratio | 1.60 | 0.07 | 0.17 | 0.62 | 1.20 | 0.63 | 0.11 | 0.21 | 0.19 | 0.30 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.43 | 1.68 | 1.86 | 1.82 | 1.66 | 2.09 | 1.79 | 1.95 | 1.91 | 1.73 |
| Liabilities / Assets | 0.30 | 0.40 | 0.46 | 0.45 | 0.40 | 0.52 | 0.44 | 0.49 | 0.48 | 0.42 |
| Efficiency | ||||||||||
| Asset turnover | 0.03 | - | 0.04 | 0.04 | 0.04 | - | 0.08 | 0.08 | 0.08 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 162d | - | 103d | 102d | 101d | - | 104d | 115d | 141d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.9x | - | 1.5x | 1.6x | 1.2x | - | 0.9x | 0.7x | 0.7x | - |
| P / S | 22.0x | - | 22.3x | 22.6x | 17.9x | - | 6.5x | 4.3x | 5.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | 20.1x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -26.9% | - | -64.9% | -66.5% | -59.3% | - | -43.3% | -24.2% | -34.8% | - |
| Revenue CAGR (3y) | -42.1% | - | -47.2% | -46.8% | -37.2% | - | 40.6% | 54.0% | 64.5% | - |
| Revenue CAGR (5y) | 5.8% | - | 34.1% | 60.7% | 18.9% | - | 24.9% | 26.4% | 28.2% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -1.8% | - | 18.6% | -263.6% | 61.5% | - | 49.4% | 36.5% | -309.3% | - |
| Net income growth (YoY) | -2.4% | - | -48.7% | -206.9% | 67.4% | - | 74.4% | 21.5% | -664.8% | - |
| EPS growth (YoY) | - | - | - | -137.5% | - | - | 77.1% | 20.0% | -660.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 14.7% | 1.6% | -29.9% | -25.9% | -8.7% | -48.8% | -46.0% | -49.3% | -52.3% | -40.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$7.35M totalOil Sales$6.38M · 86.7%
Natural Gas Midstream$975.0K · 13.3%
Geographic
$7.35M totalRockies$5.28M · 71.8%
Midcontinent$1.31M · 17.8%
West Texas South Texas And Gulf Coast$770.0K · 10.5%
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing US ENERGY CORP against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| May 18, 2023 | $0.0230 |
| Feb 9, 2023 | $0.0230 |
| Nov 7, 2022 | $0.0230 |
| Aug 5, 2022 | $0.0230 |
| Apr 13, 2022 | $0.0230 |
| Jul 3, 2007 | $6.0000 |