U.S. Energy Corp. Declares Quarterly Cash Dividend

U.S. Energy Corp. (NASDAQCM: USEG) has declared a cash dividend of $0.0225 per share, payable on February 23, 2023.

Rhea-AI Summary

U.S. Energy Corp. (NASDAQCM: USEG) has declared a cash dividend of $0.0225 per share, payable on February 23, 2023. The record date for shareholders is February 10, 2023. This announcement reflects the company's commitment to providing returns to its shareholders. U.S. Energy focuses on operating mature, low decline assets, aiming to enhance capital returns. For more details, visit www.usnrg.com.

Positive

• Declared a cash dividend of $0.0225 per share.
• Dividend payment scheduled for February 23, 2023.
• Company's strategy emphasizes capital returns to shareholders.

Negative

• None.

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News Market Reaction – USEG

The recorded move for USEG in the trading session of this news was +0.41%.

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HOUSTON, Jan. 31, 2023 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.0225 per share. The dividend is payable on February 23, 2023 to stockholders of record as of the close of business on February 10, 2023.

About U.S. Energy Corp.

We are a growth focused energy company engaged in operating a portfolio of mature, low decline assets that is expected to allow us to execute on a leading capital returns program to shareholders. More information about U.S. Energy Corp. can be found at www.usnrg.com.

Corporate Contact:

Ryan Smith
Chief Executive Officer
IR@usnrg.com
(303) 993-3200
www.usnrg.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for U.S. Energy Corp. (USEG)?

The dividend amount is $0.0225 per share.

When is the dividend payable for U.S. Energy Corp. (USEG)?

The dividend is payable on February 23, 2023.

What is the record date for shareholders of U.S. Energy Corp. (USEG)?

The record date for shareholders is February 10, 2023.

What strategy does U.S. Energy Corp. (USEG) follow?

U.S. Energy focuses on operating mature, low decline assets to enhance capital returns to shareholders.