U.S. Energy (USEG) Expected to Announce Earnings on Tuesday

U.S. Energy (NASDAQ:USEG) is projected to announce 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

Shares of U.S. Energy stock opened at $1.37 on Monday. The firm has a 50 day simple moving average of $1.99 and a 200 day simple moving average of $1.64. U.S. Energy has a fifty-two week low of $0.81 and a fifty-two week high of $6.40. The firm has a market cap of $46.33 million, a P/E ratio of -1.04 and a beta of 0.69.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on USEG shares. D. Boral Capital reissued a “buy” rating and issued a $3.50 target price on shares of U.S. Energy in a research note on Thursday, March 13th. StockNews.com lowered U.S. Energy from a “hold” rating to a “sell” rating in a research report on Friday.

About U.S. Energy

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.