
U.S. Energy (USEG) Stock Forecast & Price Target
U.S. Energy (USEG) Analyst Ratings
Bulls say
US Energy Corp demonstrated a robust performance in the June quarter, supported by advancements in its industrial gases business. The successful acquisition of a Class II injection permit well positions the company to explore both CO2 sequestration and enhanced oil recovery opportunities, expanding its operational capabilities. Overall, these developments indicate a solid foundation for continued revenue growth and long-term potential in the exploration and production sector of the oil and gas industry.
Bears say
US Energy Corp reported an EBITDAloss of -$1.225 million, a decline from the previous year's loss of $1.087 million, attributed primarily to decreased revenues. The company's reported revenue of $2.028 million, reflecting a significant 67% year-over-year decrease, resulted from lower production rates linked to a reduction in the number of assets owned. This combination of increasing losses and declining revenue underlines the fundamental challenges facing US Energy Corp within the energy market.
This aggregate rating is based on analysts' research of U.S. Energy and is not a guaranteed prediction by Public.com or investment advice.
U.S. Energy (USEG) Analyst Forecast & Price Prediction
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