U.S. Energy Development Corporation Promotes Robert Thaxton to VP of Oil and Gas Business Operations
FORT WORTH, Texas, April 30, 2024 /PRNewswire/ -- U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) company focused on the development of energy projects througho
U.S. Energy Corp. Announces Its Participation in the EF Hutton Annual Global Conference
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corp (NASDAQ:USEG, "U.S. Energy" or the "Company")), a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural
Photovoltaic power puts some high-yield farmland in the US at risk
When Dave Duttlinger (Dave Duttlinger) saw a thick layer of yellow-brown dust over his Indiana farm, his first thought was: I warned them this would happen. His 445 acres near Whitfield, Indiana are covered with solar panels and associated machinery—in April 2019, Dutringer leased this land to Dunns Bridge Solar LLC, one of the Midwest's largest solar development projects. Dutringer said that on a windy spring afternoon in 2022, his electricity
External market headlines: Federal Reserve officials reaffirm that they expect to cut interest rates once this year, Google promotes Gemini to corporate customers, Goldman Sachs expects the ECB to cut interest rates continuously starting in June
The main headlines shared by global financial media last night and this morning were: Federal Reserve Bostic reiterated that it is expected to cut interest rates once this year but leaves room Atlanta Federal Reserve President Raphael Bostic reiterated his expectations of cutting interest rates once this year, but he added that if the economic situation changes, he is open to delaying interest rate cuts or further cutting interest rates. Bostic emphasized the continued strength of the US economy and labor market, but said signs of weakness in the job market would prompt him to consider cutting interest rates earlier and more than currently anticipated. Earlier, he said he expected the Federal Reserve to cut interest rates in the fourth quarter.
The US expects the global oil market to face a small supply gap this year
The US continues to anticipate a slight shortage of global oil supply in 2024, which reinforces expectations of tightening markets. The US Energy Information Administration (EIA) raised the global demand estimate by 480,000 b/d to 1029.1 million b/d, which is basically in line with the International Energy Agency (IEA) forecast of 103.2 million b/d. This forecast comes as the world's largest oil traders are increasingly optimistic about the market outlook for the second half of this year. The international benchmark Brent crude oil is close to $90 per barrel. Geopolitical tensions have intensified bullish sentiment, demand has rapidly exceeded expectations, and OPEC+ production cuts have caused the world
U.S. Energy Corp. (NASDAQ:USEG) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
U.S. Energy Corp. (NASDAQ:USEG) shares have had a really impressive month, gaining 28% after a shaky period beforehand. The bad news is that even after the stocks recovery in the last 30 days, shar
US WTI crude oil closed 0.3% higher on Wednesday Brent crude oil closed 0.5% higher
In the early morning of the 4th Beijing time, crude oil futures prices closed higher on Wednesday. Oil prices are supported by geopolitical tensions and the Organization of Petroleum Exporting Countries and its allies (OPEC+) policies to cut production and raise prices. West Texas Intermediate (WTI) futures for May delivery on the New York Mercantile Exchange rose 28 cents, or 0.33%, to close at $85.43 a barrel. Natural gas futures closed down 1.13% in May to close at $1.8410 per million British thermal units. Gasoline futures closed at $2.7609 per gallon for May. Heating oil futures for May closed at $2.7324 per gallon. European intercontinental
US WTI crude oil closed 2.2% higher on Thursday
In the early morning of the 29th Beijing time, crude oil futures prices closed higher on Thursday. Investors are re-evaluating the latest US crude oil and gasoline inventory data. US West Texas Intermediate crude rose $1.82, or 2.24%, to close at $83.17 a barrel. Brent crude oil futures for May rose $1.39, or 1.61%, to close at $87.48 a barrel. Both of these benchmark indices rose more than 2% this week, and both recorded their third consecutive month of closing. US Energy Information Administration (Energy Information Administration)
U.S. Energy Corp. (NASDAQ:USEG) Q4 2023 Earnings Call Transcript
US Energy Is Maintained at Buy by EF Hutton
US Energy Is Maintained at Buy by EF Hutton
U.S. Energy Full Year 2023 Earnings: Misses Expectations
Express News | EF Hutton Maintains Buy on US Energy, Lowers Price Target to $2
US Energy Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 03/28/2024 80.25% EF Hutton $2.5 → $2 Maintains Buy 08/15/2023 125.31% EF Hutton $3 → $2.5 Maintains Buy 0
USEG, PRT Major Energy Losers
Earnings Call Summary | US Energy(USEG.US) Q4 2023 Earnings Conference
The following is a summary of the U.S. Energy Corp. (USEG) Q4 2023 Earnings Call Transcript:Financial Performance:U.S. Energy's annual net daily production exceeded 1,700 barrels of oil equivalent per
Recap: US Energy Q4 Earnings
US Energy (NASDAQ:USEG) reported its Q4 earnings results on Tuesday, March 26, 2024 at 04:30 PM.Here's what investors need to know about the announcement.EarningsUS Energy missed estimated earnings by
Express News | US Energy Q4 Sales $7.300M Miss $8.869M Estimate
U.S. Energy GAAP EPS of -$1.28 Misses by $0.75, Revenue of $32.8M Misses by $1.06M
Press Release: U.S. Energy Corp. Reports Financial and Operating Results for Full Year and Fourth Quarter 2023
U.S. Energy Corp. Reports Financial and Operating Results for Full Year and Fourth Quarter 2023 HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, "U.S. Energy" or the
US Energy 4Q Rev $7.3M >USEG
US Energy 4Q Rev $7.3M >USEG
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