U.S. Energy (NASDAQ:USEG) Given Buy Rating at D. Boral Capital

D. Boral Capital reissued their buy rating on shares of U.S. Energy (NASDAQ:USEG) in a research report report published on Tuesday,Benzinga reports. D. Boral Capital currently has a $3.50 price objective on the energy company’s stock.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of U.S. Energy in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, U.S. Energy has an average rating of “Hold” and a consensus target price of $3.50.

U.S. Energy Trading Up 2.9%

U.S. Energy stock opened at $1.08 on Tuesday. U.S. Energy has a 12 month low of $0.91 and a 12 month high of $2.75. The company has a market capitalization of $38.70 million, a price-to-earnings ratio of -1.30 and a beta of 0.55. The stock’s 50 day moving average is $1.04 and its 200-day moving average is $1.08.

Insider Buying and Selling at U.S. Energy

In related news, major shareholder Joshua Lane Batchelor sold 434,830 shares of U.S. Energy stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $1.25, for a total transaction of $543,537.50. Following the transaction, the insider owned 84,663 shares of the company’s stock, valued at $105,828.75. The trade was a 83.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 61.00% of the stock is owned by corporate insiders.

Institutional Trading of U.S. Energy

Several institutional investors and hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC bought a new position in shares of U.S. Energy in the third quarter valued at approximately $26,000. United Asset Strategies Inc. bought a new stake in U.S. Energy during the fourth quarter worth $27,000. State Street Corp boosted its position in U.S. Energy by 49.6% in the fourth quarter. State Street Corp now owns 47,371 shares of the energy company’s stock worth $44,000 after purchasing an additional 15,700 shares during the last quarter. Thompson Davis & CO. Inc. purchased a new position in U.S. Energy in the second quarter worth $47,000. Finally, Uniting Wealth Partners LLC bought a new position in U.S. Energy in the 3rd quarter valued at $53,000. Hedge funds and other institutional investors own 3.00% of the company’s stock.

About U.S. Energy

U.S. Energy Corp. (NASDAQ: USEG) is an independent oil and natural gas exploration and production company that acquires, develops and operates hydrocarbon properties across onshore regions in the United States. The company’s activities encompass geological evaluation, drilling, completion and working-interest management, with an emphasis on cost-efficient development of discovered reserves and maximizing production from existing assets.

Over time, U.S. Energy has pursued growth through disciplined lease acquisitions, joint-venture partnerships and targeted drilling programs.