U.S. Energy (NASDAQ:USEG) Receives Buy Rating from D. Boral Capital

U.S. Energy (NASDAQ:USEG)‘s stock had its “buy” rating reiterated by D. Boral Capital in a report issued on Tuesday,Benzinga reports. They presently have a $3.50 price objective on the energy company’s stock. D. Boral Capital’s target price points to a potential upside of 234.93% from the company’s current price.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of U.S. Energy in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $3.50.

U.S. Energy Stock Performance

Shares of NASDAQ USEG traded down $0.01 during mid-day trading on Tuesday, hitting $1.05. 5,663,072 shares of the stock traded hands, compared to its average volume of 6,150,081. The company has a market cap of $37.44 million, a price-to-earnings ratio of -1.26 and a beta of 0.55. The stock has a fifty day moving average price of $1.03 and a 200-day moving average price of $1.08. U.S. Energy has a 52 week low of $0.91 and a 52 week high of $2.75.

Insider Activity at U.S. Energy

In other U.S. Energy news, major shareholder Joshua Lane Batchelor sold 265,170 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $1.37, for a total transaction of $363,282.90. Following the sale, the insider directly owned 78,299 shares in the company, valued at approximately $107,269.63. This trade represents a 77.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 61.00% of the stock is currently owned by insiders.

Institutional Trading of U.S. Energy

Large investors have recently made changes to their positions in the stock. State Street Corp raised its position in shares of U.S. Energy by 49.6% during the 4th quarter. State Street Corp now owns 47,371 shares of the energy company’s stock valued at $44,000 after purchasing an additional 15,700 shares during the period. Two Sigma Investments LP bought a new stake in U.S. Energy during the third quarter valued at about $54,000. Uniting Wealth Partners LLC bought a new position in shares of U.S. Energy in the third quarter worth about $53,000. XTX Topco Ltd boosted its stake in shares of U.S. Energy by 61.5% in the second quarter. XTX Topco Ltd now owns 44,841 shares of the energy company’s stock worth $63,000 after acquiring an additional 17,080 shares during the period. Finally, Thompson Davis & CO. Inc. purchased a new stake in shares of U.S. Energy during the second quarter worth about $49,000. 3.00% of the stock is currently owned by institutional investors.

U.S. Energy Company Profile

U.S. Energy Corp. (NASDAQ: USEG) is an independent oil and natural gas exploration and production company that acquires, develops and operates hydrocarbon properties across onshore regions in the United States. The company’s activities encompass geological evaluation, drilling, completion and working-interest management, with an emphasis on cost-efficient development of discovered reserves and maximizing production from existing assets.

Over time, U.S. Energy has pursued growth through disciplined lease acquisitions, joint-venture partnerships and targeted drilling programs.