---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-007373"
form_type: "8-K"
ticker: "USEG"
cik: "0000101594"
company_name: "US ENERGY CORP"
filed_at: "2025-03-13T23:59:59+00:00"
generated_at: "2026-05-24T20:09:48.155450+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# U.S. Energy reports FY2024 net loss $25.8M, production down 34% YoY, pivots to industrial gas

## Summary
- Revenue $20.6M, down 36% YoY; net loss $25.8M ($0.96 diluted EPS) on $11.9M impairment.
- Full-year production averaged 1,136 Boe/d (down 34% YoY); oil 702 Bbl/d; LOE $26.83/Boe.
- Adjusted EBITDA $3.6M; ended year with $7.7M cash, zero debt, $27.7M liquidity.
- Divested non-core assets for $13.5M; advanced Montana industrial gas project with 160k+ acres.
- Subsequent to year end, raised $12.1M net in equity offering; extended $5M buyback to June 2026.

## SEC filing metadata
- accession: 0001437749-25-007373
- form_type: 8-K
- ticker: USEG
- cik: 0000101594
- company_name: US ENERGY CORP
- filed_at: 2025-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101594/000143774925007373/0001437749-25-007373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101594/000143774925007373/useg20241017_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-007373
- JSON: https://secwatch.observer/filing/0001437749-25-007373.json
- Plain text: https://secwatch.observer/filing/0001437749-25-007373.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.