Nucor earnings beat by $0.08, revenue fell short of estimates
HOUSTON—Ryan Lewis (JO:LEWJ) Smith, the CEO and a director at US Energy Corp (NASDAQ:USEG), recently acquired 2,500 shares of the company’s common stock. The purchase took place on May 20, 2025, at a price of $1.19 per share, amounting to a total transaction value of $2,975. Following this transaction, Smith holds a total of 1,172,539 shares directly. The purchase comes as the stock trades nearly 36% lower over the past six months, though InvestingPro analysis indicates the company maintains a strong balance sheet with more cash than debt. According to InvestingPro’s Fair Value model, the stock currently appears undervalued.Want deeper insights into insider trading patterns and comprehensive financial analysis? Access the full US Energy Corp Pro Research Report, part of InvestingPro’s coverage of 1,400+ US stocks.
In other recent news, US Energy Corp reported its first-quarter 2025 earnings, which fell short of analyst expectations. The company announced an earnings per share (EPS) of -$0.10, missing the forecasted -$0.05, and revenue of $2.19 million, which was below the anticipated $3.79 million. Additionally, the company’s revenue saw a significant decline from $5.4 million in Q1 2024, primarily due to reduced oil sales. In terms of corporate governance, US Energy Corp held its annual stockholders meeting where Duane H. King was elected as a Class Three director, and Weaver & Tidwell, L.L.P. was ratified as the independent auditor for 2025. Shareholders also approved the compensation for named executive officers. The company continues to focus on its strategic shift towards industrial gas projects in Montana, with a new processing plant expected by early 2026. Despite the earnings miss, the company maintains a strong cash position with over $10.5 million and no outstanding debt. These developments highlight US Energy Corp’s ongoing transition and strategic initiatives in the industrial gas sector.
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