Overview

* U.S. Energy ( USEG ) Q3 revenue missed analyst expectations, reflecting effects of 2024 divestitures

* Company reported a net loss of $3.3 mln for Q3 2025

* Adjusted EBITDA was negative $1.3 mln in Q3 2025

Outlook

* Company plans to commence construction of gas processing facility in early 2026

* U.S. Energy ( USEG ) expects EPA approval for carbon credit plan by Spring-Summer 2026

* Company plans to drill additional industrial gas well in Spring 2026

Result Drivers

* UPSTREAM DEVELOPMENT - Co drilled two additional industrial gas wells, achieving a peak rate of 12.2 MMcf/d, with plans for further drilling in Spring 2026

* INFRASTRUCTURE PROGRESS - Design for initial gas processing facility completed, with construction to commence soon, facilitating new revenue streams

* CARBON MANAGEMENT - Co submitted EPA MRV plan for carbon credits and is progressing EOR projects using recycled CO₂

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $1.74 $2.04

Revenue mln mln (2

Analysts

)

Q3 EPS -$0.10

Q3 Net -$3.34

Income mln

Q3 -$1.30

Adjusted mln

EBITDA

Q3 -$3.38

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

* Wall Street's median 12-month price target for US Energy Corp ( USEG ) is $2.75, about 58.9% above its November 11 closing price of $1.13

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)