{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-03T20:44:58.948020+00:00","company":{"ticker":"USEG","cik":101594,"company_name":"US ENERGY CORP"},"pagination":{"limit":100,"returned":9,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"executive_change","fact_key":"9d152ff87e","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2026-05-15T20:16:04+00:00","payload":{"action":"ceased to serve","action_category":"departure","departure_tone":"routine","effective_date":"2026-05-08","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Randall Keys departed as Director at US ENERGY CORP.","evidence_excerpt":"Effective May 8, 2026, Randall Keys ceased to serve as a member of the Board of Directors (the “Board”) of U.S. Energy Corp. (the “Company”) upon the expiration of his term","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-26-017381","anchor_url":"https://secwatch.observer/filing/0001437749-26-017381#claim-9d152ff87e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774926017381/0001437749-26-017381-index.htm"},{"fact_type":"executive_change","fact_key":"6fb7d98b70","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2026-05-08T23:59:59+00:00","payload":{"action":"ceased to serve","action_category":"departure","departure_tone":"routine","effective_date":"2026-05-08","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Randall Keys departed as Director at US ENERGY CORP.","evidence_excerpt":"Effective May 8, 2026, Randall Keys ceased to serve as a member of the Board of Directors (the “Board”) of U.S. Energy Corp. (the “Company”) upon the expiration of his term","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001437749-26-015898","anchor_url":"https://secwatch.observer/filing/0001437749-26-015898#claim-6fb7d98b70","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774926015898/0001437749-26-015898-index.htm"},{"fact_type":"earnings_release","fact_key":"2fe99189b492aabe5341288f09edd557fa0268cd","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2026-05-07T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"first quarter 2026","report_date":"2026-05-07","result_type":"reported_results","revenue_text":"$1.6 million"},"claim":"US ENERGY CORP reported first quarter 2026 results: revenue $1.6 million.","evidence_excerpt":"For the first quarter 2026 revenue totaled $1.6 million (84% oil), compared to first quarter of 2025 revenue of $2.2 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-015351","anchor_url":"https://secwatch.observer/filing/0001437749-26-015351#claim-2fe99189b492aabe5341288f09edd557fa0268cd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774926015351/0001437749-26-015351-index.htm"},{"fact_type":"material_agreement","fact_key":"0bea28024f18d2b2becf05e16fd54b5e87fb6c2a","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2026-04-27T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Helium Sales Agreement","agreement_type":"supply","counterparty":"an investment-grade industrial gas company with global distribution infrastructure","effective_date":"2026-04-24","item_codes_triggered":["1.01"],"value_text":"fixed base price of $285.00 per thousand standard cubic feet"},"claim":"US ENERGY CORP entered into Helium Sales Agreement with an investment-grade industrial gas company with global distribution infrastructure valued at fixed base price of $285.00 per thousand standard cubic feet (effective 2026-04-24).","evidence_excerpt":"On April 24, 2026, U.S. Energy Corp. (“U.S. Energy,” “we,” “us” or the “Company”) entered into a Helium Sales Agreement (the “Helium Sales Agreement”) with an investment-grade industrial gas company with global distribution infrastructure (the “Counterparty”) for the sale of contained helium to be produced at the Company’s helium purification plant being constructed near Oilmont, Montana","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-013368","anchor_url":"https://secwatch.observer/filing/0001437749-26-013368#claim-0bea28024f18d2b2becf05e16fd54b5e87fb6c2a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774926013368/0001437749-26-013368-index.htm"},{"fact_type":"material_agreement","fact_key":"bb30ca0f6179da45df783b5f4c822396eb32806d","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2026-04-20T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Second Amendment","agreement_type":"credit_facility","counterparty":"Firstbank Southwest","effective_date":"2026-04-17","item_codes_triggered":["1.01"],"value_text":"increase the borrowing base ... from $10,000,000 to $20,000,000"},"claim":"US ENERGY CORP amended Second Amendment with Firstbank Southwest valued at increase the borrowing base ... from $10,000,000 to $20,000,000 (effective 2026-04-17).","evidence_excerpt":"On April 17, 2026, the Company entered into a Second Amendment to Credit Agreement with Firstbank, as administrative agent for the Lenders, and the Lenders (the “Second Amendment”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-012760","anchor_url":"https://secwatch.observer/filing/0001437749-26-012760#claim-bb30ca0f6179da45df783b5f4c822396eb32806d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774926012760/0001437749-26-012760-index.htm"},{"fact_type":"debt_financing","fact_key":"1b80cd56bc657d38f2b165d4202daa6c9544de49","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2026-04-20T23:59:59+00:00","payload":{"counterparty":"Firstbank Southwest as administrative agent and the Lenders","effective_date":"2026-04-17","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":"Alternate base rate (ABR) plus applicable margin of 2.00% per annum; additional","item_codes_triggered":["2.03"],"maturity_text":"May 31, 2029","principal_text":"Borrowing base increased from $10,000,000 to $20,000,000; currently $2,500,000 outstanding"},"claim":"US ENERGY CORP amended revolving credit of Borrowing base increased from $10,000,000 to $20,000,000; currently $2,500,000 outstanding with Firstbank Southwest as administrative agent and the Lenders at Alternate base rate (ABR) plus applicable margin of 2.00% per annum; additional maturing May 31, 2029.","evidence_excerpt":"On April 17, 2026, the Company entered into a Second Amendment to Credit Agreement with Firstbank, as administrative agent for the Lenders, and the Lenders (the “Second Amendment”). Pursuant to the Second Amendment, the Credit Agreement was amended to: (a) Increase the borrowing base under the Credit Agreement from $10,000,000 to $20,000,000; (b) Amend the applicable margin used to calculate the interest rate on outstanding borrowings under the Credit Agreement to a fixed 2.00% per annum (as further described below); (c) Suspend testing of the financial covenants under the Credit Agreement until the fiscal quarter ending March 31, 2027; and (d) Make certain other changes to the Credit Agreement as described in greater detail in the Second Amendment.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-26-012760","anchor_url":"https://secwatch.observer/filing/0001437749-26-012760#claim-1b80cd56bc657d38f2b165d4202daa6c9544de49","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774926012760/0001437749-26-012760-index.htm"},{"fact_type":"material_agreement","fact_key":"d33eb6c7072f5c8250383e9326ff65bdf4120b04","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2026-03-10T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Underwriting Agreement","agreement_type":"underwriting","counterparty":"Roth Capital Partners, LLC","effective_date":"2026-03-09","item_codes_triggered":["1.01"],"value_text":null},"claim":"US ENERGY CORP entered into Underwriting Agreement with Roth Capital Partners, LLC (effective 2026-03-09).","evidence_excerpt":"On March 9, 2026, U.S. Energy Corp. (the “ Company ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with Roth Capital Partners, LLC (the “ Underwriter ”), relating to the previously announced underwritten offering of 8,800,000 shares of common stock, par value $0.01 per share, of the Company (the “ Common Stock ”), at a price to the public of $1.00 per share (such offering, the “ Offering ”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-007541","anchor_url":"https://secwatch.observer/filing/0001437749-26-007541#claim-d33eb6c7072f5c8250383e9326ff65bdf4120b04","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774926007541/0001437749-26-007541-index.htm"},{"fact_type":"executive_change","fact_key":"195b6ae389","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2025-04-22T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2025-04-21","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Joshua Batchelor resigned as Director at US ENERGY CORP.","evidence_excerpt":"Subsequently on April 21, 2025, Mr. Batchelor resigned from the Board, effective immediately as of such date.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-25-012691","anchor_url":"https://secwatch.observer/filing/0001437749-25-012691#claim-195b6ae389","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774925012691/0001437749-25-012691-index.htm"},{"fact_type":"earnings_release","fact_key":"9bc928fe10e1e94fb01edbb037d70e6bb0ef6a1f","cik":101594,"ticker":"USEG","company_name":"US ENERGY CORP","filed_at":"2024-05-09T23:59:59+00:00","payload":{"eps_text":"$0.38 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"net loss of $9.5 million, or a loss of $0.38 per diluted share","period_text":"the three months ended March 31, 2024","report_date":"2024-05-09","result_type":"reported_results","revenue_text":"approximately $5.4 million"},"claim":"US ENERGY CORP reported the three months ended March 31, 2024 results: revenue approximately $5.4 million, net income net loss of $9.5 million, or a loss of $0.38 per diluted share, EPS $0.38 per diluted share.","evidence_excerpt":"Natural gas and liquids (Mcfe) $ 2.69 $ 3.06 BOE $ 49.10 $ 53.26 First QUARTER 2024 FINANCIAL RESULTS Total oil and gas sales during the first quarter of 2024 were approximately $5.4 million , compared to $8.3 million in the first quarter of 2023 .  The decrease in revenue was primarily due to a decrease in our production quantities related to the asset divestiture","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-24-015701","anchor_url":"https://secwatch.observer/filing/0001437749-24-015701#claim-9bc928fe10e1e94fb01edbb037d70e6bb0ef6a1f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/101594/000143774924015701/0001437749-24-015701-index.htm"}]}