U.S. Energy (NASDAQ:USEG) Lifted to Hold at ValuEngine

ValuEngine upgraded shares of U.S. Energy (NASDAQ:USEG) from a sell rating to a hold rating in a research note issued to investors on Wednesday, May 9th.

USEG opened at $1.39 on Wednesday. U.S. Energy has a 12 month low of $1.34 and a 12 month high of $1.37. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.74 and a current ratio of 7.34.

U.S. Energy (NASDAQ:USEG) last posted its earnings results on Wednesday, March 28th. The energy company reported $0.02 EPS for the quarter. U.S. Energy had a negative return on equity of 2.75% and a negative net margin of 3.02%. The firm had revenue of $1.27 million for the quarter.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition and development of oil and gas producing properties in the continental United States. It holds interests in various oil and gas projects in Williston Basin of North Dakota; Dimmit County of Texas; and Coastal Louisiana. As of December 31, 2017, the company had estimated proved reserves of 824,115 barrels of oil equivalent.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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