U.S. Energy Corp. (NASDAQ:USEG ) Q2 2025 Earnings Conference Call August 12, 2025 9:00 AM ET Company Participants Mark L. Zajac - Chief Financial Officer Mason McGuire - Corporate Participant Ryan Lewis Smith - President, CEO & Director Conference Call Participants Charles Arthur Meade - Johnson Rice & Company, L.L.C.
U.S. Energy is transitioning from oil and gas to industrial gases, focusing on helium extraction and CO2 sales to diversify revenue streams. The company is building a 17 MMCF/d CO2 processing plant, increasing CAPEX but unlocking higher volumes and tax credit opportunities through CO2 sequestration. Recent well costs have declined, and USEG's existing oil and gas assets help de-risk the speculative nature of this development phase.
US Energy (NASDAQ:USEG ) Q1 2025 Earnings Conference Call May 12, 2025 9:00 AM ET Company Participants Mason McGuire - Vice President, Finance and Strategy Ryan Smith - Chief Executive Officer Mark Zajac - Chief Financial Officer Conference Call Participants Tom Kerr - Zacks Small-Cap Research Operator Greetings, and welcome to the U.S. Energy Corporation's First Quarter 2025 Results Conference Call. At this time, all participants are in a listen-only mode.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Ryan Lewis Smith CEO | XMUN Exchange | US9118053076 ISIN |
| US Country | 20 Employees | 18 May 2023 Last Dividend | 6 Jan 2020 Last Split | 26 Mar 1990 IPO Date |
U.S. Energy Corp. is an independent energy company with a clear focus on the acquisition, exploration, and development of oil and natural gas properties within the continental United States. The company boasts a significant presence in various pivotal oil-rich regions, including the Williston Basin in North Dakota, the Permian Basin in New Mexico, and Texas, representing a strategic footprint in key areas of U.S. energy production. Incorporated in 1966 and based out of Houston, Texas, U.S. Energy Corp. brings a long history of involvement and expertise in the energy sector to its operations. As of December 31, 2021, the company manages an impressive portfolio with estimated proved reserves of 1,344,626 barrels of oil equivalent. Its operations are supported by substantial assets, including 89,846 gross acres and 5,757 net acres of oil and natural gas leases, alongside 146 gross producing wells, underlining the company’s significant role in the domestic energy landscape.
U.S. Energy Corp. specializes in identifying, acquiring, and exploring potential oil and natural gas properties followed by their development. This process includes geological surveying, drilling, and the implementation of technologies for extraction and production. The company's strategic focus on the continental United States, specifically in the Williston Basin, Permian Basin, and Texas, places it at the heart of some of the most productive and promising oil and gas regions in the country.
The company holds considerable interests in a variety of oil and gas properties across its operational regions. As of the end of 2021, U.S. Energy Corp. managed to possess estimated proved reserves of over a million barrels of oil equivalent. This exhaustive management includes the oversight of 89,846 gross acres and 5,757 net acres dedicated to oil and natural gas leases. Such extensive holdings demonstrate the company's robust involvement in the sector, ensuring a steady stream of energy resources to market.
With 146 gross producing wells, U.S. Energy Corp. plays a pivotal role in the ongoing production of oil and natural gas. The company’s strategic investment in production resources and infrastructure supports a consistent output of energy resources, contributing to both the national energy supply and U.S. Energy Corp.’s financial performance. Its production activities are key in meeting the energy demands and supporting the economic stability of the regions it operates in.