U.S. Energy Corp. reports FY2025 net loss of $14.4M; shifts to industrial gas platform

US ENERGY CORP

Full year 2025 production 164,752 BOE (68% oil), down 60% YoY due to intentional asset sales.
Revenue $7.4M vs $20.6M in 2024; net loss $14.4M ($0.43/sh), adjusted EBITDA ($4.5M).
Q4 2025 production 33,733 BOE, revenue $1.4M, net loss $1.9M ($0.06/sh).
Cash $15.4M, liquidity $22.9M as of Mar 13, 2026 after equity offering; targeting plant FID Q2 2026.
Helium & CO2 platform: 1.3 BCF helium & 444 BCF CO2 resources; $130M projected 45Q tax credits; initial helium sales expected Q1 2027.

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