Past year: ▲ 16%(88.0c – 1.52 USD)
Each one in plain English, with the numbers worked through for a shareholder.
4 Mar 2026capital raising announcement▼ BadMajor
U.S. Energy drew much more heavily on the Roth equity line, selling another 6.5 million shares -- cumulative sales now 19.1% of shares outstanding for $7.3 million total -- steep dilution funding the Big Sky Carbon Hub buildout as the share price kept falling.
13 Feb 2026capital raising announcement▼ Bad
U.S. Energy disclosed that since its November 12, 2025 10-Q it had sold 2,022,539 shares to Roth Principal Investments under its $25 million purchase agreement for about $2.0 million gross. The sales were about 5.7% of shares outstanding at September 30, 2025, crossing the 5% disclosure threshold on February 10, 2026.
9 Oct 2025capital raising announcement● NeutralMajor
U.S. Energy signed a $25 million equity line of credit with Roth Principal Investments, giving it discretion to sell stock over time to fund its new helium pivot (the Big Sky Carbon Hub).
6 Oct 2021capital raising announcement● NeutralMajor
U.S. Energy agreed to buy oil-weighted assets across the Rockies, West Texas, Eagle Ford and Mid-Continent from Lubbock, Banner and Synergy for $1.25 million cash, 19.9 million new shares and $3.3 million of assumed liabilities. At closing the sellers would own about 81% of USE and effectively control it.
9 Mar 2021capital raising announcement▼ Bad
On March 4, 2021, APEG Energy II converted $412,500 of debt into 97,962 restricted shares at $4.21 per share. It also subscribed for 90,846 more restricted shares for $382,536, paid by forgiving legal-cost reimbursements the company owed it.
7 Jan 2021capital raising announcement▲ GoodMajor
U.S. Energy bought back and cancelled all 50,000 shares of its Series A convertible preferred stock from Mt. Emmons Mining -- the security issued to Freeport-McMoRan's subsidiary in the 2016 molybdenum-liability divestiture -- paying $2 million cash plus 328,000 common shares to clear the preferred stock overhang.
9 Nov 2020capital raising announcement● Neutral
U.S. Energy agreed to buy operated producing properties in Liberty County, Texas from Newbridge Resources for $250,000 in restricted stock. The assets covered about 680 net acres and an estimated 242,300 barrels of proved developed oil reserves.
5 Oct 2017capital raising announcement▼ BadMajor
Lender APEG Energy II agreed to exchange $4.46 million of credit-facility debt for 5.8 million new shares, a deal that would leave APEG holding roughly half of U.S. Energy's stock -- the moment the company's own lender became its controlling shareholder.
22 Dec 2016capital raising announcement▼ Bad
U.S. Energy raised $1.5 million in a registered direct offering of 1 million shares, with matching warrants exercisable at $2.05 -- a modest raise during its pre-2020 financial distress era.
What it means for a shareholder
1.0m new shares at about US$1.50 to raise about US$1.5m. That's 16% dilution: every existing holder's slice gets 16% smaller. If you held US$1,000 of shares (667 at the issue price), your slice goes from 0.013% to 0.0109% of the company. To keep it you'd need 130 more shares - about US$195 at the issue price.
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