Source-grounded facts extracted from US ENERGY CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
US ENERGY CORP: Bylaws amended to reflect new company name Big Sky Industrial Inc., effective immediately after the charter amendment on June 8, 2026 (effective 2026-06-08).
“Additionally, the Board approved an amendment to the Company’s Amended and Restated Bylaws solely to reflect the Name Change (the “ Amended and Restated Bylaws ”). The Amended and Restated Bylaws will become effective immediately after the Name Change on June 8, 2026.”
US ENERGY CORP: Company name changed to Big Sky Industrial Inc. via Certificate of Amendment filed with Delaware Secretary of State, effective June 8, 2026 (effective 2026-06-08).
“The Board of Directors (the “ Board ”) of U.S. Energy Corp. (the “ Company ”, “ we ” and “ us ”), approved an amendment to the Company’s Certificate of Incorporation (the “ Charter ”), to change the Company’s name to Big Sky Industrial Inc. (the “ Name Change ”). On June 3, 2026, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment (the “ Certificate of Amendment ”) to the Charter, which will effect the Name Change effective at 12:01 a.m. on June 8, 2026.”
US ENERGY CORP shareholders approved Approve issuance of shares to Roth Principal Investments, LLC pursuant to Common Stock Purchase Agreement to comply with Nasdaq Listing Rules Section 5635(d) at the 2026-05-08 meeting.
“A management proposal to approve for purposes of complying with Section 5635(d) of the Listing Rules (the “ Nasdaq Listing Rules ”) of the Nasdaq Stock Market LLC, the issuance of shares of the Company's common stock, par value $0.01 per share (" Common Stock "), to Roth Principal Investments, LLC ("Roth Principal Investments") pursuant to the terms of that certain Common Stock Purchase Agreement, dated as of October 9, 2025 (the " Common Stock Purchase Agreement "), between the Company and Roth Principal Investments, in an amount that equals or exceeds 20% of the total shares of the Company's Common Stock outstanding immediately prior to the entry into the Common Stock Purchase Agreement (the " Nasdaq 20% Cap Removal Proposal "), was approved. Votes For Votes Against Abstentions Broker Non-Votes 10,207,459 557,104 22,843 12,512,976”
US ENERGY CORP shareholders approved Advisory vote to approve named executive officer compensation at the 2026-05-08 meeting.
“A management proposal relating to an advisory vote to approve named executive officer compensation was approved. Votes For Votes Against Abstentions Broker Non-Votes 10,130,670 569,807 86,929 12,512,976”
US ENERGY CORP shareholders approved Ratify the appointment of Weaver & Tidwell, L.L.P. as the Company’s independent auditor for the fiscal year ending December 31, 2026 at the 2026-05-08 meeting.
“A management proposal to ratify the appointment of Weaver & Tidwell, L.L.P. as the Company’s independent auditor for the fiscal year ending December 31, 2026 was approved. Votes For Votes Against Abstentions Broker Non-Votes 23,151,640 100,116 48,626 —”
US ENERGY CORP shareholders approved Election of Director Nominees at the 2026-05-08 meeting.
“The director nominees listed below were duly elected to the Board of Directors by a plurality of the votes cast (there was no solicitation in opposition to management’s nominees as listed in the Proxy Statement), each to serve a term of three years and until his respective successor has been elected and qualified: Nominee Votes For Votes Withheld Broker Non-Votes John A. Weinzierl 10,630,629 156,777 12,512,976 D. Stephen Slack 10,645,512 141,894 12,512,976”
Randall Keys departed as Director at US ENERGY CORP.
“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”
US ENERGY CORP shareholders approved Approval of issuance of shares to Roth Principal Investments pursuant to Common Stock Purchase Agreement (Nasdaq 20% Cap Removal Proposal) at the 2026-05-08 meeting.
“Proposal 4 A management proposal to approve for purposes of complying with Section 5635(d) of the Listing Rules (the “ Nasdaq Listing Rules ”) of the Nasdaq Stock Market LLC, the issuance of shares of the Company's common stock, par value $0.01 per share ("Common Stock"), to Roth Principal Investments, LLC ("Roth Principal Investments") pursuant to the terms of that certain Common Stock Purchase Agreement, dated as of October 9, 2025 (the " Common Stock Purchase Agreement "), between the Company and Roth Principal Investments, in an amount that equals or exceeds 20% of the total shares of the Company's Common Stock outstanding immediately prior to the entry into the Common Stock Purchase Agreement (the " Nasdaq 20% Cap Removal Proposal "), was approved. Votes For Votes Against Abstentions Broker Non-Votes 10,207,459 557,104 22,843 12,512,976”
US ENERGY CORP shareholders approved Advisory vote to approve named executive officer compensation at the 2026-05-08 meeting.
“Proposal 3 A management proposal relating to an advisory vote to approve named executive officer compensation was approved. Votes For Votes Against Abstentions Broker Non-Votes 10,130,670 569,807 86,929 12,512,976”
US ENERGY CORP shareholders approved Ratification of Weaver & Tidwell, L.L.P. as independent auditor for fiscal year 2026 at the 2026-05-08 meeting.
“Proposal 2 A management proposal to ratify the appointment of Weaver & Tidwell, L.L.P. as the Company’s independent auditor for the fiscal year ending December 31, 2026 was approved. Votes For Votes Against Abstentions Broker Non-Votes 23,151,640 100,116 48,626 —”
US ENERGY CORP shareholders approved Election of directors at the 2026-05-08 meeting.
“Proposal 1 The director nominees listed below were duly elected to the Board of Directors by a plurality of the votes cast (there was no solicitation in opposition to management’s nominees as listed in the Proxy Statement), each to serve a term of three years and until his respective successor has been elected and qualified: Nominee Votes For Votes Withheld Broker Non-Votes John A. Weinzierl 10,630,629 156,777 12,512,976 D. Stephen Slack 10,645,512 141,894 12,512,976”
Randall Keys departed as Director at US ENERGY CORP.
“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”
US ENERGY CORP reported first quarter 2026 results: revenue $1.6 million.
“For the first quarter 2026 revenue totaled $1.6 million (84% oil), compared to first quarter of 2025 revenue of $2.2 million.”
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).
“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”
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).
“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”).”
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.
“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.”
US ENERGY CORP reported the year ended December 31, 2025 results: revenue $7.4 million.
“For the full year 2025, revenue totaled $7.4 million”
US ENERGY CORP reported financial results for the fourth quarter ended December 31, 2025.
“reported financial and operating results for the fourth quarter and year ended December 31, 2025”
US ENERGY CORP entered into Underwriting Agreement with Roth Capital Partners, LLC (effective 2026-03-09).
“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 ”).”
US ENERGY CORP issued 6,525,843 shares of Common Stock of common stock to Roth Principal Investments, LLC for total proceeds of $7,300,223.
“the Company has issued and sold an aggregate of an additional 6,525,843 shares of Common Stock to Roth Principal Investments pursuant to the Purchase Agreement, representing approximately 19.1% of the Company’s outstanding shares of common stock as of September 30, 2025 for total proceeds of $7,300,223”
US ENERGY CORP issued 2,022,539 shares of Common Stock of common stock to Roth Principal Investments, LLC for aggregate gross proceeds of $2,002,509.10.
“Since the Company’s last periodic report on Form 10-Q filed with the Commission on November 12, 2025, the Company has issued and sold an aggregate of 2,022,539 shares of Common Stock to Roth Principal Investments pursuant to the Purchase Agreement, for aggregate gross proceeds of $2,002,509.10.”
US ENERGY CORP issued up to $25,000,000 of newly issued shares of common stock of common stock to Roth Principal Investments, LLC.
“The securities that may be issued under the Purchase Agreement are being offered and sold by the Company in a transaction exempt from registration under the Securities Act, in reliance on Section 4(a)(2) thereof and Rule 506(b) of Regulation D thereunder.”
Joshua Batchelor resigned as Director at US ENERGY CORP.
“Subsequently on April 21, 2025, Mr. Batchelor resigned from the Board, effective immediately as of such date.”
US ENERGY CORP completed an acquisition involving Synergy Offshore LLC for $2.0 million in cash, subject to customary adjustments; (b) 1,400,000 shares of the Company’s restricted common stock (closed 2025-01-07).
“of Synergy’s right title and interest in the Property, and certain excluded assets (the “ Synergy Reserved Interest ”). The Property was acquired in consideration for (a) $2.0 million in cash, subject to customary adjustments; (b) 1,400,000 shares of the Company’s restricted common stock (representing 4.76% of the Company’s outstanding restricted common stock”
US ENERGY CORP completed a disposition involving 84 Resources Holdings, LLC for $6.825 million (closed 2024-12-31).
“property, permits, contracts, records and facilities, associated therewith located primarily in Liberty and Henderson Counties, Texas (the “ Property ”), in consideration for $6.825 million, subject to customary adjustments (the “ Purchase Price ” and the “ Sale ”). On December 31, 2024, the Company completed the Sale, and sold the Property to 84 Resources in”
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.
“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”
US ENERGY CORP reported three and twelve months ended December 31, 2023 results: revenue $32.3 million.
“twelve months ended December 31, 2023 . FULL YEAR 2023 HIGHLIGHTS ● Total daily production in 2023 averaged 1,711 Boe/d; oil production averaged 1,073 Bbl/d. ● Revenue totaled $32.3 million with oil sales of $28.4 million and natural gas and liquids sales of $4.0 million. ● Lease operating expense of $15.3 million , or $24.43 per Boe, a 8% and 9% decrease ,”
US ENERGY CORP reported financial results for the three months ended September 30, 2023.
“On November 13, 2023, U.S. Energy Corp. (“ U.S. Energy ” or the “ Company ”) issued a press release regarding its financial results for the three months ended September 30, 2023.”
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.
“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.”
Donald A. Kessel retired as Chief Operating Officer at US ENERGY CORP.
“On July 28, 2023, Mr. Donald A. Kessel informed the Company of his retirement as Chief Operating Officer of U.S. Energy Corp. (the “ Company ”, “ we ” and “ us ”) effective the same date”
US ENERGY CORP shareholders approved Advisory vote to approve named executive officer compensation at the 2023-06-21 meeting.
“Votes For Votes Against Abstentions Broker Non-Votes 13,717,303 670,546 153,936 4,791,815”
US ENERGY CORP shareholders approved Ratification of appointment of Plante & Moran PLLC as independent auditor at the 2023-06-21 meeting.
“Votes For Votes Against Abstentions Broker Non-Votes 18,613,511 675,667 44,422 —”
US ENERGY CORP shareholders approved Election of three Class One directors at the 2023-06-21 meeting.
“John A. Weinzierl 14,348,649 193,136 4,791,815 Randall D. Keys 13,893,173 648,612 4,791,815 D. Stephen Slack 13,752,062 789,723 4,791,815”
US ENERGY CORP engaged Weaver and Tidwell, L.L.P. as its auditor.
“ppointment of Independent Registered Public Accounting Firm On June 15, 2023, the Audit Committee approved the appointment of Weaver and Tidwell, L.L.P. (“ Weaver and Tidwell ”) as the Company’s new independent registered public accounting firm for the year ended December 31, 2023, effective immediately upon the dismissal of Plante & Moran as the Company’s independent registered public accounting firm, subject to completion of Weaver and Tidwell’s standard client acceptance procedures and execution of an engagement letter. During 2022, Weaver and Tidwell was engaged to perform standalone audits of the December 31, 2021 and 2020 financial statements and the related”
US ENERGY CORP dismissed Plante & Moran, PLLC as its auditor.
“pproved the dismissal of Plante & Moran, PLLC (“ Plante & Moran ”) as the Company’s independent registered”
Ryan L. Smith changed role as Chief Financial Officer at US ENERGY CORP.
“Effective as of his appointment as CFO, Mr. Ryan L. Smith, the Chief Executive Officer and director of the Company, ceased serving as Chief Financial Officer and Principal Financial and Accounting Officer of the Company.”
Mark Zajac was appointed as Chief Financial Officer at US ENERGY CORP.
“On, and effective on, June 1, 2023, the Board of Directors, with the recommendation of the Nominating Committee of the Board of Directors, of U.S. Energy Corp. (the “ Company ”, “ we ” and “ us ”), appointed Mr. Mark Zajac, as the Chief Financial Officer (CFO) and Principal Financial and Accounting Officer of the Company.”
US ENERGY CORP reported three months ended March 31, 2023 results: revenue $8.3 million, net income net loss of $1.2 million, EPS loss of $0.05 per diluted share.
“U.S. Energy reported total oil and gas sales of approximately $8.3 million for the first quarter of 2023”
US ENERGY CORP reported preliminary financial results for fourth quarter 2022.
“Grew fourth quarter 2022 average daily production to 1,918 barrels of oil equivalent per day (“Boe/d”), representing a 453% increase over fourth quarter 2021 and a 9% increase over third quarter 2022.”
US ENERGY CORP reported the three months ended September 30, 2022 results: revenue approximately $11.8 million, net income $4.1 million, EPS $0.16 per diluted share.
“U.S. Energy reported total oil and gas sales of approximately $11.8 million for the third quarter 2022, compared to $13.5 million in the second quarter 2022. The sequential decline in revenue was primarily due to planned maintenance on newly acquired wells in the West Texas district, which have been brought back online during the fourth quarter 2022. Sales from oil production represented 76% of total revenue during the quarter. The Company recorded lease operating expense (“LOE”) of approximately $5.4 million for the third quarter 2022, compared to $4.6 million in the second quarter. LOE increased due to one-time charges incurred to maximize the operating performance of recently acquired wells in West Texas. Severance and Ad Valorem taxes in the third quarter were approximately $0.8 million, as compared to approximately $0.9 million in the second quarter. On a percentage basis, U.S. Energy paid approximately 6.9% of total oil and natural gas sales revenue in taxes during the quarter. C”
Donald Kessel was appointed as Chief Operating Officer at US ENERGY CORP.
“the Board of Directors appointed Mr. Donald Kessel as Chief Operating Officer of the Company.”
Javier F. Pico resigned as Director at US ENERGY CORP.
“Javier F. Pico notified the Company of his intent to resign as a member of the Board of Directors of the Company, effective upon the Closing, which Closing and which resignation was effective January 5, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.