Verity Asset Management Inc. increased its holdings in U.S. Energy Corp. (NASDAQ:USEG – Free Report) by 23.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 94,494 shares of the energy company’s stock after acquiring an additional 17,772 shares during the period. Verity Asset Management Inc. owned approximately 0.37% of U.S. Energy worth $95,000 at the end of the most recent quarter.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on shares of U.S. Energy in a report on Saturday, May 11th. They issued a “sell” rating on the stock.
View Our Latest Stock Report on USEG
U.S. Energy Trading Up 0.9 %
U.S. Energy (NASDAQ:USEG – Get Free Report) last issued its quarterly earnings results on Thursday, May 9th. The energy company reported ($0.17) earnings per share (EPS) for the quarter. U.S. Energy had a negative return on equity of 62.97% and a negative net margin of 138.09%. The business had revenue of $5.39 million for the quarter.
About U.S. Energy
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.
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