U.S. Energy (USEG) to Release Quarterly Earnings on Tuesday

U.S. Energy (NASDAQ:USEG) is expected to be announcing its earnings results before the market opens on Tuesday, March 25th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $4.54 million for the quarter.

U.S. Energy Price Performance

USEG stock opened at $1.37 on Monday. U.S. Energy has a one year low of $0.81 and a one year high of $6.40. The stock has a market cap of $46.33 million, a price-to-earnings ratio of -1.04 and a beta of 0.69. The company has a fifty day moving average price of $1.99 and a two-hundred day moving average price of $1.64.

Wall Street Analysts Forecast Growth

USEG has been the topic of a number of research reports. StockNews.com lowered shares of U.S. Energy from a “hold” rating to a “sell” rating in a research note on Friday. D. Boral Capital reaffirmed a “buy” rating and issued a $3.50 target price on shares of U.S. Energy in a research report on Thursday, March 13th.

U.S. Energy Company Profile

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.