{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-027973","form_type":"8-K","ticker":"USEG","cik":"0000101594","company_name":"US ENERGY CORP","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.881442+00:00","generated_at":"2026-06-11T09:53:25.772400+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"U.S. Energy Q2 net loss $2.5M; record production 1,959 Boe/d, revenue down 41% YoY","bullets":["Net loss of $2.5M ($0.10 diluted EPS) vs net income of $0.1M in Q2 2022; adjusted EBITDA $0.8M vs $5.1M.","Record daily production 1,959 Boe/d, up 10% YoY; oil 114,900 bbls (64% of total).","LOE $3.9M ($21.75/Boe), down 17% and 24% YoY respectively.","Revenue $8.0M, down from $13.5M due to 46% lower realized prices.","Initiated $5M share buyback, repurchased 163,300 shares at $1.48; dividend suspended."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-027973","json":"https://secwatch.observer/filing/0001493152-23-027973.json","markdown":"https://secwatch.observer/filing/0001493152-23-027973.md","text":"https://secwatch.observer/filing/0001493152-23-027973.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/101594/000149315223027973/0001493152-23-027973-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/101594/000149315223027973/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:53:25.772400+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0b14895101e4995e04dc46bd47862276470ed738","claim":"US ENERGY CORP reported three months ended June 30, 2023 results: revenue Total oil and gas sales during the second quarter of 2023 were approximately $8.0 million, net income The Company reported a net loss of $2.5 million, or a loss of $0.10 per diluted share, in the second quarter of 2023, EPS loss of $0.10 per diluted share.","evidence_excerpt":"The Company reported a net loss of $2.5 million, or a loss of $0.10 per diluted share, in the second quarter of 2023, compared to net income of $0.1 million, or $0.00 per share, in the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/101594/000149315223027973/0001493152-23-027973-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended June 30, 2023"},{"label":"Revenue","value":"Total oil and gas sales during the second quarter of 2023 were approximately $8.0 million"},{"label":"Net income","value":"The Company reported a net loss of $2.5 million, or a loss of $0.10 per diluted share, in the second quarter of 2023"},{"label":"EPS","value":"loss of $0.10 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}