U.S. Energy Q1 revenue falls 27% on asset sales

U.S. Energy Corp.

U.S. Energy Corp.

USEG

0.00


Overview

  • Integrated industrial gas and energy firm's Q1 revenue fell yr/yr due to strategic divestitures

  • Company posted Q1 net loss and negative adjusted EBITDA as it shifts to new business model

  • Company achieved final investment decision and signed major helium offtake deal for Big Sky project


Outlook

  • Company expects EPA approval of MRV applications in summer 2026, enabling Section 45Q tax credits

  • Company says macro tailwinds for helium supply, CCUS policy and domestic energy production remain favorable


Result Drivers

  • STRATEGIC DIVESTITURES - Revenue and production declined mainly due to asset sales and natural declines as part of legacy asset optimization

  • TRANSFORMATION COSTS - Higher general and administrative expenses reflected increased professional fees and compensation tied to the company’s strategic transformation and project milestones


Company press release: ID:nGNX6VbGcx


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Miss

$1.60 mln

$1.67 bln (1 Analyst)

Q1 EPS

-$0.08

Q1 Net Income

-$3.20 mln

Q1 Adjusted EBITDA

-$2.10 mln


Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • Wall Street's median 12-month price target for US Energy Corp is $2.75, about 172.3% above its May 6 closing price of $1.01


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