US Energy Corp's CEO Smith Ryan Lewis buys 2,000 shares at $1.31 on May 29, 2025.

US Energy Corp. (USEG) has announced that Director and CEO Smith Ryan Lewis has acquired 2,000 shares of the company at a price of $1.31 per share on May 29, 2023.

On May 29, 2023, US Energy Corp. (USEG) announced that Director and CEO Smith Ryan Lewis had acquired 2,000 shares of the company at a price of $1.31 per share. This move follows a recent trend of insider purchases that have been observed in the energy sector. Insider purchases often signal confidence in the company's future prospects and can be seen as a vote of confidence by top executives.

The acquisition of 2,000 shares by Smith Ryan Lewis is significant given the current market conditions and the recent performance of US Energy Corp. While the market has been volatile, this insider purchase indicates a positive outlook. Insider purchases can provide valuable insights into the company's internal assessment of its prospects and can influence investor sentiment.

According to Reuters, Muunilinst AS, closely associated with Torbjørn Bull Jenssen, CEO of K33 AB (publ), acquired 6,000,000 shares in K33 AB (publ) on May 28, 2025, at a price of SEK 0.05 per share [1]. This acquisition, similar to the one by Smith Ryan Lewis, suggests that insiders are confident in the company's future performance.

In conclusion, the insider purchase by Smith Ryan Lewis at US Energy Corp. is a positive sign for investors. It indicates that the company's leadership is confident in its future prospects and may be a signal of upcoming positive developments. Investors should closely monitor the company's financial performance and any further insider activities to gauge the true potential of US Energy Corp.

References:
[1] https://www.tradingview.com/news/reuters.com,2025-05-28:newsml_MFNc96YSG:0-k33-ab-publ-primary-insider-share-purchase-notice/