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U.S. Energy (NASDAQ:USEG) Director Jerry W. Danni acquired 10,000 shares of the company’s stock on the open market in a transaction dated Tuesday, September 2nd. The stock was purchased at an average cost of $4.01 per share, with a total value of $40,100.00. Following the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $40,100. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

U.S. Energy (NASDAQ:USEG) traded down 0.98% on Wednesday, hitting $4.06. The stock had a trading volume of 57,111 shares. U.S. Energy has a 1-year low of $1.85 and a 1-year high of $5.08. The stock has a 50-day moving average of $4.06 and a 200-day moving average of $4.20. The company’s market cap is $113.3 million.

U.S. Energy (NASDAQ:USEG) last announced its earnings results on Monday, August 11th. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.01. The company had revenue of $9.10 million for the quarter, compared to the consensus estimate of $10.60 million. On average, analysts predict that U.S. Energy will post $0.08 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of U.S. Energy from an “underperform” rating to a “neutral” rating in a research note on Thursday, August 14th. They now have a $4.20 price target on the stock.

U.S. Energy Corp. acquires and develops oil and gas and other mineral properties. At December 31, 2009, the Company has three operating segments: Oil and gas, real estate, and minerals (NASDAQ:USEG).

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