earnings
confidence high
sentiment neutral
materiality 0.75
U.S. Energy Q1 net loss $3.1M, revenue $2.2M, progressing Kevin Dome helium/CO2 project
US ENERGY CORP
- Q1 2025 revenue $2.2M vs $5.4M YoY; net loss $3.1M ($0.10 loss per share) vs prior year loss.
- Adjusted EBITDA ($1.5M) vs $0.2M; cash G&A (ex one-time) $1.6M, down 18% YoY.
- Debt-free balance sheet with $10.5M cash and $20M credit line; liquidity $30.5M.
- Kevin Dome: Kiefer Farms flow >3.2 MMcf/d (0.6% helium); drilling two new wells; processing plant starts July 2025.
- CO2 sequestration: sustained 17 MMcf/d injection, ~240k metric tons/year; new Class II injection well permit.