US energy corp CEO Ryan Smith acquires shares worth $3,250

Ryan Smith, CEO and Director of US Energy Corp (NASDAQ:USEG), recently purchased 2,500 shares of common stock, according to a filing with the Securities and Exchange Commission. The shares were acquired at a price of $1.30 each, totaling $3,250, close to the current trading price of $1.29. Following this transaction, Smith’s direct ownership stands at 1,177,039 shares, representing a significant portion of the company’s $43.85 million market cap. InvestingPro data shows the company holds more cash than debt on its balance sheet, with an overall Financial Health score of FAIR. For investors seeking deeper insights, InvestingPro offers 8 additional key investment tips and a comprehensive Pro Research Report, part of their analysis covering over 1,400 US stocks.

In other recent news, U.S. Energy Corp reported its Q1 2025 earnings, revealing that both earnings per share and revenue fell short of analyst forecasts. The company posted an EPS of -$0.10, missing the expected -$0.05, while revenue came in at $2.19 million, below the anticipated $3.79 million. This performance reflects ongoing challenges as the company transitions toward industrial gas production. Additionally, U.S. 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 the fiscal year ending December 31, 2025. The company also announced the approval of executive compensation in an advisory vote. Despite the earnings miss, U.S. Energy Corp maintains a strong cash position with over $10.5 million and no outstanding debt. The company is focused on its Montana industrial gas project, with a new processing plant expected by early 2026. These developments underscore U.S. Energy Corp’s strategic shift and financial maneuvers amid a challenging market environment.

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