U.S. Energy reports Q2 revenue of $105.6mln, up 40% YoY.

Tuesday, Aug 12, 2025 7:03 am ET1min read

• U.S. Energy reported Q2 2025 financial and operating results • Focused on developing high-quality producing energy and industrial gas assets • Montana project advancing with disciplined execution • Kevin Dome poised to lead high-growth energy segment • Strategic location offers economic returns and environmental benefits • Company transforming into integrated industrial gas company

U.S. Energy Corp. (NASDAQ: USEG) reported its second-quarter 2025 financial and operating results, highlighting significant progress in its transformation into an integrated industrial gas company. The company's Montana Kevin Dome project revealed substantial resources, with 1.28 BCF of net helium and 443.8 BCF of net CO2 resources [1].

The company's financial results showed a revenue of $2.0 million in Q2 2025, down from $6.1 million in Q2 2024, with a net loss of $6.1 million ($0.19 per share). Despite the decrease in revenue, U.S. Energy maintains a strong balance sheet with $26.7 million in available liquidity and zero debt [1].

The Montana Kevin Dome project continues to move forward with disciplined execution across upstream development, infrastructure design, and carbon management planning. Three high-deliverability wells achieved a combined peak production of 12.2 MMcf/d, with a premium gas composition of 0.47% helium and 85.2% CO2 [1].

Construction of the first processing facility is expected to begin in Q3 2025, with first revenues anticipated in H1 2026. The captured CO2 stream will serve dual purposes—supporting carbon management and enabling enhanced oil recovery (EOR) on legacy oil and gas assets, creating a vertically integrated platform [1].

The company's industrial gas resource report by Ryder Scott confirmed the vast potential of the Kevin Dome asset, with 1.28 BCF of net helium resources and 443.8 BCF of net CO2 resources [1].

U.S. Energy Corp. remains committed to reducing its carbon footprint and generating strong economic returns while delivering meaningful local and environmental benefits [1].

References:
[1] https://www.stocktitan.net/news/USEG/u-s-energy-corp-reports-second-quarter-2025-results-and-provides-fp14aetcvltn.html

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