U.S. Energy Corp.

U.S. Energy Corp. , a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, announced today that it will be presenting at the Emerging Growth Conference on February 18, 2025. U.S. Energy invites individual and institutional investors as well as advisors and analysts to attend its interactive presentation at the Emerging Growth Conference. This live, interactive online event will [...]

The new syndicated facility provides USEDC with an additional source of capital to support its continued growth. U.S. Energy Development Corporation , an exploration and production company focused on the development of energy projects for itself and its partners, today announced successful closing of a new $165 million syndicated revolving credit facility led by Citibank, N.A. The new facility, which provides USEDC with [...]

U.S. Energy®, a leading provider of refined products, alternative fuels, and environmental credits, has entered into a definitive agreement to purchase NGL Supply Terminal Company's propane-storage and terminal assets, which are located adjacent to U.S. Energy's existing terminal in Wisconsin at Green Bay Quincy North. This strategic acquisition will mark U.S. Energy's further entry into the wholesale propane market [...]

USEDC 2024 deployment nears $800 million U.S. Energy Development Corporation , an exploration and production company focused on the development of energy projects for itself and its partners, today announced plans to deploy up to $1 billion during 2025, primarily in the Permian Basin. The company's announcement follows a record-breaking year during which USEDC deployed nearly $800 million into operated and non-operated [...]

U.S. Energy Corp. today announced that its Board of Directors has authorized the extension of the previously announced share repurchase program under which the Company may purchase up to $5.0 million of its outstanding shares of common stock in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The repurchase program [...]

U.S. Energy Corp. 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 million [...]

U.S. Energy Corp. today announced the pricing of its underwritten public offering of 4,236,000 shares of its common stock, 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 $10.5 million. Additionally, the Company has granted the underwriters an overallotment of 635,400 shares. The offering is expected to close on January 23 [...]

U.S. Energy Corp. today announced that the Company has closed a transaction with Synergy Offshore, LLC for the acquisition of operated acreage targeting helium and other industrial gas production across the Kevin Dome structure in Toole County, Montana . HIGHLIGHTS The SOG Asset includes: Approximately 24,000 net acres strategically positioned across the core of the Kevin Dome. Multiple prospective industrial gas pay [...]

U.S. Energy Corp. today announced that the Company has closed the sale of assets located in East Texas . The Transaction was previously announced on December 12, 2024. HIGHLIGHTS All cash proceeds of $6,825,000. Proceeds are expected to be used to fund the continued development of U.S. Energy's industrial gas project in Montana. Divested assets averaged approximately 1.0 million cubic feet per day of natural gas and 149 [...]

U.S. Energy Corp. today announced that the Company has executed definitive documents for the sale of certain assets located in East Texas . The Transaction is subject to customary closing conditions and the Transaction is expected to close on or before December 31, 2024. HIGHLIGHTS All cash proceeds of $6,825,000. Proceeds are expected to be used to fund the continued development of U.S. Energy's industrial gas project in [...]