Us Energy Corp (USEG) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Us Energy reported revenue of $7.4M, down 64.3% from $20.6M the year before. Net income was -$14.4M (a -195.5% net margin), or -$0.43 per diluted share. Operating margin was -195.3%. Operating activities generated -$7.1M of cash. At fiscal year end, Us Energy held $40.6M in total assets against $16.4M in total liabilities, including $429,000 of cash and equivalents.
Open the full interactive Us Energy financials → Quarterly statements, key ratios, valuation history and price charts.
Us Energy Key Stats
| Share Price | $1.45 |
|---|---|
| Market Cap | $76.0M |
| Revenue YoY Growth | -64.3% |
| 52-Week Range | $0.69 – $1.65 |
| Shares Outstanding | 52.4 million (basic, 2026 Q2) |
Us Energy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.3M | $6.7M | $44.6M | $32.3M | $20.6M | $7.4M |
| Operating Income | -$5.4M | -$1.4M | $3.5M | -$35.0M | -$25.7M | -$14.4M |
| Pre-Tax Income | -$6.5M | -$1.8M | -$2.9M | -$33.2M | -$25.8M | -$14.4M |
| Income Tax | -$42,000 | — | -$1.9M | -$891,000 | $20,000 | $6,000 |
| Net Income | -$6.4M | -$1.8M | -$963,000 | -$32.4M | -$25.8M | -$14.4M |
| Diluted EPS | -$3.94 | -$0.39 | -$0.04 | -$1.28 | -$0.96 | -$0.43 |
Us Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.7M | $1.4M | $1.6M | $2.1M |
| Net Income | -$3.3M | -$1.9M | -$3.2M | -$2.3M |
| Diluted EPS | -$0.10 | -$0.06 | -$0.08 | -$0.04 |
Us Energy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.9M | $4.4M | $4.4M | $3.4M | $7.7M | $429,000 |
| Current Assets | $4.7M | $6.0M | $8.4M | $8.4M | $9.7M | $2.0M |
| Total Assets | $12.4M | $17.7M | $118.3M | $80.4M | $49.7M | $40.6M |
| Current Liabilities | $2.2M | $2.7M | $11.5M | $11.1M | $12.3M | $6.0M |
| Total Long-Term Debt | — | — | $12.0M | $5.0M | — | $2.5M |
| Total Liabilities | $3.8M | $4.2M | $40.0M | $33.9M | $25.8M | $16.4M |
| Shareholders' Equity | $8.6M | $13.4M | $78.4M | $46.5M | $23.8M | $24.2M |
Us Energy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$717,000 | -$153,000 | $10.9M | $5.5M | $4.6M | -$7.1M |
| Cash From Investing | -$1.1M | -$3.3M | -$16.9M | $2.8M | $5.8M | -$11.9M |
| Cash From Financing | $3.1M | $5.0M | $6.0M | -$9.4M | -$6.0M | $11.7M |
| Free Cash Flow | — | — | $10.5M | — | — | — |
| Dividends Paid | — | — | $1.7M | $1.2M | $0 | — |
Figures from Us Energy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Us Energy financials page for every line item.
Us Energy Company Profile
| Ticker | USEG |
|---|---|
| Exchange | Nasdaq |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000101594 |
Frequently Asked Questions
What was Us Energy's revenue in fiscal 2025?
Us Energy (USEG) reported revenue of $7.4M for fiscal 2025.
What is Us Energy's annual revenue history?
Us Energy's annual revenue by fiscal year: 2020: $2.3M; 2021: $6.7M; 2022: $44.6M; 2023: $32.3M; 2024: $20.6M; 2025: $7.4M.
What was Us Energy's net income in fiscal 2025?
Us Energy reported net income of -$14.4M for fiscal 2025.
What was Us Energy's earnings per share (EPS) in fiscal 2025?
Us Energy's diluted EPS was -$0.43 for fiscal 2025 (adjusted for any later stock splits).
What was Us Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Us Energy reported revenue of $2.1M.
How much debt does Us Energy have?
Us Energy reported $2.5M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Us Energy are outstanding?
Us Energy reported a weighted average of 52.4 million basic shares outstanding in 2026 Q2.
What is Us Energy's market cap?
Based on its latest closing price, Us Energy (USEG) has a market capitalization of about $76.0M.
When does Us Energy's fiscal year end?
Us Energy's fiscal year end, as registered with the SEC, is December 31.
Where is Us Energy headquartered?
Us Energy lists its business address in Houston, Texas in its SEC filings.