U.s. Energy

U.S. Energy helps supply oil and natural gas for heating and transport. It also develops industrial gases used in manufacturing and energy. These products support daily needs for homes, businesses, and industry.

Products and Services

• Oil Production: Crude oil for fuel and manufacturing; 87% of 2025 revenue.
• Natural Gas & Liquids: Gas and byproducts for heating and power; 13% of 2025 revenue.
• Industrial Gas Development: Helium, carbon dioxide, and nitrogen for industry; early-stage, no commercial sales yet.

Growth and Expansion

• Acquired 144,000 acres in Kevin Dome, Montana from Wavetech in June 2024.
• Added 24,000 more acres in January 2025 from Synergy for industrial gas projects.
• Divested non-core oil and gas assets in Texas, Kansas, Oklahoma, and Wyoming during 2024–2025.
• Raised $12.1 million in equity in January 2025 to fund new projects.
• Shifted focus from oil to industrial gases, aiming for diversified revenue streams.

What Makes U.S. Energy Stand Out

The company shifted from oil to industrial gas development, targeting new markets. It now operates most of its properties directly, rather than relying on partners. U.S. Energy manages risk by selling non-core assets and focusing on capital discipline.

Five Things You Need to Know

• Revenue was $2 million in Q3 2025, down 64.9% year-over-year.
• Operating loss improved to $2 million in Q3 2025, up 39.8% year-over-year.
• Cash flow from operations turned negative in 2025, at -$155,000 in Q3.

Bottom Line

U.S. Energy is moving from traditional oil and gas to industrial gases. The company adapts by selling old assets and investing in new energy sources.