U.S. Energy Corp. (USEG)

[cryptogenesiscorp]

USEG a BUY @ 1.25 - $1.55 area

USEG looks like a bottom is forming here with a big bounce back to $1.80 area. If oil stays above $70.00 there is no way USEG stays down this low now that they have only $1 million in Debt and $4 million in cash and $10 million in equity on the books.

USEG is cheap under $1.75 with this much cash and with Oil now back above $70.00 on Iran Supply disruption concerns, increasing demand for Oil from China as well as other developing economies, and long term supply shortages that could take hold in the market from years of curtailing investment in the Energy Sector.

Expect USEG to turn some wells back on and start producing a bit more revenue if Oil continues to climb above $75 and $80 USD per barrel.

EPS this Year 87.30%
P/S 1.18 Price to Sales
P/B 0.77 Price to Equity/Book
P/C 1.82 Price to Cash


Data pulled from Finviz for USEG
https://finviz.com/quote.ashx?t=useg&ty=c&ta=1&p=d

https://wallmine.com/nasdaq/useg