U.S. Energy Corp. Discloses Financial Results for Third Quarter 2024 –

U.S. Energy Corp. (NASDAQ: USEG) recently released its financial results for the three months ending September 30, 2024. In a press release dated November 12, 2024, the company provided details on its performance during this period.

The press release containing the financial results has been made available as Exhibit 99.1 in the Form 8-K filing. While the information shared in this report, including the press release, is not considered “filed” for purposes of the Securities Exchange Act of 1934, nor incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, it aims to provide insights into U.S. Energy Corp.’s financial standing and performance.

It is important to note that the company has included non-GAAP financial information in the released materials. These non-GAAP financial measures have been reconciled to comparable GAAP financial measures, as disclosed in the press release and presentation.

Additionally, the press release and accompanying documents feature forward-looking statements that fall under the purview of federal securities laws, including the Private Securities Litigation Reform Act of 1995. These statements involve inherent risks, uncertainties, and assumptions. U.S. Energy Corp. advises caution, as actual results may differ significantly from the projections outlined in these forward-looking statements.

Factors that could impact the company’s financial results include economic conditions, market fluctuations, operational risks, regulatory changes, and risks associated with COVID-19 and global economic uncertainty, among others. U.S. Energy Corp. encourages readers to review the “Cautionary Statement Regarding Forward-Looking Statements” and “Risk Factors” sections in its periodic filings with the Securities and Exchange Commission for a comprehensive understanding of these factors.

The company remains committed to providing transparent and accurate financial information to its stakeholders. U.S. Energy Corp. emphasizes that forward-looking statements speak only as of the date they are made, and the company undertakes no obligation to update or revise these statements publicly, except as required by law.

Alongside the press release, U.S. Energy Corp. has also included Inline XBRL for the cover page of the Form 8-K filing. This move aligns with the company’s commitment to financial transparency and compliance with reporting standards.

Investors and stakeholders seeking further details can access the press release dated November 12, 2024, on the company’s website and through the SEC’s filing system.

This news release represents a gist of the recent financial disclosure made by U.S. Energy Corp. as per the requirements of the Securities Exchange Act of 1934. The company’s Chief Executive Officer, Ryan Smith, has signed off on this report on November 12, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read U.S. Energy’s 8K filing here.

U.S. Energy Company Profile

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.