$USEG
US Energy Corp Stock $useg

$useg Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000143774924015698 Filed on May 09, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1
Revenue	$6.046M	$5.391M	$8.272M
YoY Change	-24.22%	-34.83%	-6.76%
Cost Of Revenue			$7.460M
YoY Change			43.65%
Gross Profit			$812.0K
YoY Change			-77.93%
Gross Profit Margin			9.82%
Selling, General & Admin			$2.772M
YoY Change			-5.91%
% of Gross Profit			341.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$2.195M	$2.417M
YoY Change		-9.18%	28.15%
% of Gross Profit			297.66%
Operating Expenses	$7.762M	$13.41M	$10.23M
YoY Change	-27.32%	31.09%	247.32%
Operating Profit	-$1.716M	-$8.022M	-$1.960M
YoY Change	-36.47%	309.29%	-367.39%
Interest Expense			$651.0K
YoY Change			-109.57%
% of Operating Profit
Other Income/Expense, Net	-$262.0K	-$1.497M	$651.0K
YoY Change	1039.13%	-329.95%
Pretax Income	-$1.978M	-$9.519M	-$1.309M
YoY Change	-27.39%	627.2%	-78.45%
Income Tax	-$4.000K	$18.00K	-$62.00K
% Of Pretax Income
Net Earnings	-$1.974M	-$9.537M	-$1.247M
YoY Change	-21.51%	664.8%	-63.15%
Net Earnings / Revenue	-32.65%	-176.91%	-15.07%
Basic Earnings Per Share	-$0.08	-$0.38	-$0.05
Diluted Earnings Per Share	-$0.08	-$0.38	-$0.05
COMMON SHARES
Basic Shares Outstanding	25.29M	25.33M	25.18M shares
Diluted Shares Outstanding	25.45M	25.39M	25.18M shares

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments			$2.528M
YoY Change			47.06%
Cash & Equivalents	$2.223M	$2.006M	$2.421M
Short-Term Investments			$107.0K
Other Short-Term Assets	$905.0K	$929.0K	$1.160M
YoY Change	-6.99%	-19.91%	13.61%
Inventory
Prepaid Expenses	$467.0K	$598.0K	$747.0K
Receivables	$1.902M	$2.088M	$2.048M
Other Receivables			$0.00
Total Short-Term Assets	$5.189M	$5.400M	$5.911M
YoY Change	1.03%	-8.64%	-15.68%
LONG-TERM ASSETS
Property, Plant & Equipment	$786.0K	$842.0K	$861.0K
YoY Change	-13.91%	-2.21%	-99.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$514.0K	$286.0K	$343.0K
YoY Change	55.76%	-16.62%	-84.32%
Total Long-Term Assets	$68.49M	$64.87M	$109.1M
YoY Change	-36.39%	-40.52%	11.27%
TOTAL ASSETS
Total Short-Term Assets	$5.189M	$5.400M	$5.911M
Total Long-Term Assets	$68.49M	$64.87M	$109.1M
Total Assets	$73.68M	$70.27M	$115.0M
YoY Change	-34.69%	-38.88%	9.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable			$7.641M
YoY Change			55.53%
Accrued Expenses			$531.0K
YoY Change			91.7%
Deferred Revenue
YoY Change
Short-Term Debt			$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$10.36M	$10.50M	$9.198M
YoY Change	4.43%	14.1%	-32.14%
LONG-TERM LIABILITIES
Long-Term Debt			$12.00M
YoY Change			242.86%
Other Long-Term Liabilities			$6.000K
YoY Change			-99.95%
Total Long-Term Liabilities			$6.000K
YoY Change			-99.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.36M	$10.50M	$9.198M
Total Long-Term Liabilities			$6.000K
Total Liabilities	$35.95M	$33.53M	$37.88M
YoY Change	-6.54%	-11.49%	31.23%
SHAREHOLDERS EQUITY
Retained Earnings	-$183.6M	-$181.7M	-$140.4M
YoY Change	27.94%	29.37%
Common Stock	$221.4M	$218.4M	$217.5M
YoY Change	1.6%	0.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$37.73M	$36.74M	$77.09M
YoY Change
Total Liabilities & Shareholders Equity	$73.68M	$70.27M	$115.0M
YoY Change	-34.69%	-38.88%	9.48%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	-$1.974M	-$9.537M	-$1.247M
YoY Change	-21.51%	664.8%	-63.15%
Depreciation, Depletion And Amortization		$2.195M	$2.417M
YoY Change		-9.18%	28.15%
Cash From Operating Activities		-$603.0K	$236.0K
YoY Change		-355.51%	-51.54%
INVESTING ACTIVITIES
Capital Expenditures			$261.0K
YoY Change			-114.52%
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change			-100.0%
Cash From Investing Activities		-$179.0K	-$1.367M
YoY Change		-86.91%	-57.98%
FINANCING ACTIVITIES
Cash Dividend Paid		$0.00	$596.0K
YoY Change		-100.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-$563.0K	-$859.0K
YoY Change		-34.46%	311.0%
NET CHANGE
Cash From Operating Activities		-$603.0K	$236.0K
Cash From Investing Activities		-$179.0K	-$1.367M
Cash From Financing Activities		-$563.0K	-$859.0K
Net Change In Cash		-$1.345M	-$1.990M
YoY Change		-32.41%	-33.11%
FREE CASH FLOW
Cash From Operating Activities		-$603.0K	$236.0K
Capital Expenditures			$261.0K
Free Cash Flow			-$25.00K
YoY Change			-101.09%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	245000000
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	245000000
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	25343013
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25343013
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	25333870
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25333870
CY2022Q1	us-gaap	Debt Instrument Variable Interest Rate Type Extensible Enumeration DebtInstrumentVariableInterestRateTypeExtensibleEnumeration	http://fasb.org/us-gaap/2024#FederalFundsEffectiveSwapRateMember
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod	P10Y
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	000-06814
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	83-0205516
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1616 S. Voss Road, Suite 725
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Houston
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	77057
CY2024Q1	dei	City Area Code CityAreaCode	346
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	509-8734
CY2024Q1	dei	Security12b Title Security12bTitle	Common stock, par value $0.01
CY2024Q1	dei	Trading Symbol TradingSymbol	USEG
CY2024Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	25287213
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2006000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3351000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2088000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2336000	usd
CY2024Q1	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	179000	usd
CY2023Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	164000	usd
CY2024Q1	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	59000	usd
CY2023Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	1844000	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	929000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	527000	usd
CY2024Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	139000	usd
CY2023Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	150000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	5400000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	8372000	usd
CY2024Q1	useg	Oil And Gas Property Unproved Properties Full Cost Method Gross OilAndGasPropertyUnprovedPropertiesFullCostMethodGross	0	usd
CY2023Q4	useg	Oil And Gas Property Unproved Properties Full Cost Method Gross OilAndGasPropertyUnprovedPropertiesFullCostMethodGross	0	usd
CY2024Q1	useg	Oil And Gas Property Proved Properties Full Cost Method Gross OilAndGasPropertyProvedPropertiesFullCostMethodGross	171339000	usd
CY2023Q4	useg	Oil And Gas Property Proved Properties Full Cost Method Gross OilAndGasPropertyProvedPropertiesFullCostMethodGross	176679000	usd
CY2024Q1	us-gaap	Oil And Gas Property Full Cost Method Depletion OilAndGasPropertyFullCostMethodDepletion	108250000	usd
CY2023Q4	us-gaap	Oil And Gas Property Full Cost Method Depletion OilAndGasPropertyFullCostMethodDepletion	106504000	usd
CY2024Q1	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	63089000	usd
CY2023Q4	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	70175000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	842000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	899000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	653000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	693000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	286000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	305000	usd
CY2024Q1	us-gaap	Assets Assets	70270000	usd
CY2023Q4	us-gaap	Assets Assets	80444000	usd
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	3695000	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	4064000	usd
CY2024Q1	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	404000	usd
CY2023Q4	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	702000	usd
CY2024Q1	useg	Revenue And Royalties Payable Current RevenueAndRoyaltiesPayableCurrent	4937000	usd
CY2023Q4	useg	Revenue And Royalties Payable Current RevenueAndRoyaltiesPayableCurrent	4857000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	1273000	usd
CY2023Q4	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	1273000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	186000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	182000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	10495000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	11078000	usd
CY2024Q1	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	5000000	usd
CY2023Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	5000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	17452000	usd
CY2023Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	17217000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	564000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	611000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	16000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	16000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	33527000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	33922000	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	253000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	253000	usd
CY2024Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	218161000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	218403000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-181671000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-172134000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	36743000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	46522000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	70270000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	80444000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	5391000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	8272000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	3186000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	4409000	usd
CY2024Q1	useg	Gathering Transportation And Treating Expense GatheringTransportationAndTreatingExpense	64000	usd
CY2023Q1	useg	Gathering Transportation And Treating Expense GatheringTransportationAndTreatingExpense	114000	usd
CY2024Q1	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	343000	usd
CY2023Q1	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	520000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2195000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2417000	usd
CY2024Q1	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	5419000	usd
CY2023Q1	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	0	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2206000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2772000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	13413000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	10232000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-8022000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1960000	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1381000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	919000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-120000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-268000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	usd
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CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	651000	usd
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CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1247000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	25388221
CY2023Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	25178565
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.38
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	78354000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	727000	usd
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CY2023Q1	useg	Shares Withheld To Settle Tax Withholding Obligations For Restricted Stock Awards Value SharesWithheldToSettleTaxWithholdingObligationsForRestrictedStockAwardsValue	-150000	usd
CY2023Q1	us-gaap	Dividends Cash DividendsCash	596000	usd
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CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	77088000	usd
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CY2024Q1	useg	Shares Withheld To Settle Tax Withholding Obligations For Restricted Stock Awards Value SharesWithheldToSettleTaxWithholdingObligationsForRestrictedStockAwardsValue	-105000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	337000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-9537000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	36743000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-9537000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1247000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2195000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2417000	usd
CY2024Q1	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	5419000	usd
CY2023Q1	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	0	usd
CY2024Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	0	usd
CY2023Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-62000	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-1381000	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	919000	usd
CY2024Q1	useg	Gain Loss On Commodity Derivative GainLossOnCommodityDerivative	-404000	usd
CY2023Q1	useg	Gain Loss On Commodity Derivative GainLossOnCommodityDerivative	406000	usd
CY2024Q1	us-gaap	Marketable Securities Gain Loss Excluding Other Than Temporary Impairments MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments	15000	usd
CY2023Q1	us-gaap	Marketable Securities Gain Loss Excluding Other Than Temporary Impairments MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments	-0	usd
CY2024Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	11000	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	12000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	12000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	200000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	727000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	40000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	55000	usd
CY2024Q1	us-gaap	Increase Decrease In Unproved Oil And Gas Property IncreaseDecreaseInUnprovedOilAndGasProperty	-248000	usd
CY2023Q1	us-gaap	Increase Decrease In Unproved Oil And Gas Property IncreaseDecreaseInUnprovedOilAndGasProperty	-1145000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	397000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-52000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-245000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-794000	usd
CY2024Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-298000	usd
CY2023Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-754000	usd
CY2024Q1	useg	Increase Decrease In Revenue And Royalties Payable IncreaseDecreaseInRevenueAndRoyaltiesPayable	80000	usd
CY2023Q1	useg	Increase Decrease In Revenue And Royalties Payable IncreaseDecreaseInRevenueAndRoyaltiesPayable	79000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-43000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-58000	usd
CY2024Q1	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	-58000	usd
CY2023Q1	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	-11000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-603000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	236000	usd
CY2024Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	144000	usd
CY2023Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	1106000	usd
CY2024Q1	useg	Payments To Acquire Property Plant And Equipment Excluding Oil And Gas PaymentsToAcquirePropertyPlantAndEquipmentExcludingOilAndGas	-0	usd
CY2023Q1	useg	Payments To Acquire Property Plant And Equipment Excluding Oil And Gas PaymentsToAcquirePropertyPlantAndEquipmentExcludingOilAndGas	261000	usd
CY2024Q1	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	35000	usd
CY2023Q1	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	-0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-179000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1367000	usd
CY2024Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	62000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	112000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	105000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	151000	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	-0	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	596000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	396000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	-0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-563000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-859000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1345000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1990000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	3351000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4411000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2006000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2421000	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>Use of Estimates</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the fair value of oil and gas properties acquired, oil and natural gas reserves that are used in the calculation of depreciation, depletion, amortization, and impairment of the carrying value of evaluated oil and natural gas properties; production and commodity price estimates used to record accrued oil and natural gas sales receivables; future prices of commodities used in the valuation of commodity derivative contracts; and the cost and timing of future asset retirement obligations. The Company evaluates its estimates on an on-going basis and bases its estimates on historical experience and on various other assumptions the Company believes to be reasonable. Due to inherent uncertainties, including the future prices of oil and natural gas, these estimates could change in the near term and such changes could be material.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2024Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>Reclassifications</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt -9pt 0pt -1pt;">Certain prior year amounts are reclassified to conform to the current year presentation.</p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt -9pt;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">Historically, the Company included gathering, transportation, and treating costs within lease operating expense on the Condensed Consolidated Statements of Operations. Effective <em style="font: inherit;"> July </em><em style="font: inherit;">1,</em> <em style="font: inherit;">2023,</em> the Company began classifying gathering, treating, and transportation costs in a separate line item, titled Gathering, transportation, and treating, on the Condensed Consolidated Statements of Operations and recast prior period results for this reclassification. This reclassification had <em style="font: inherit;">no</em> impact on the Company's net income, earnings per share, cash flows, or financial position. The Company revised historical periods to reflect this change in presentation.</p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt -9pt 0pt -1pt;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt -9pt 0pt -1pt;">The Company has historically included revenue and royalties payable within accounts payables and accrued liabilities on the Condensed Consolidated Balance Sheets. Effective <em style="font: inherit;"> December </em><em style="font: inherit;">31,</em> <em style="font: inherit;">2023,</em> the Company began classifying revenue and royalties payable as a separate line item on the Condensed Consolidated Balance Sheet. The Condensed Consolidated Statements of Cash Flows has been updated to separate changes in operating assets and liabilities from revenue and royalties payable and accounts payable and accrued liabilities. This reclassification had <em style="font: inherit;">no</em> impact on the Company's net income (loss), income (loss) per share, cash flows, or financial position. The Company revised historical periods to reflect this change in presentation.</p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt -9pt 0pt -1pt;"> </p>
CY2023	useg	Oil And Gas Property Ceiling Test Discount Rate OilAndGasPropertyCeilingTestDiscountRate	0.10	pure
CY2024Q1	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	5400000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	160000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	218000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	224000	usd
CY2023	useg	Asset Retirement Obligations Relief Through Disposals AssetRetirementObligationsReliefThroughDisposals	500000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	5391000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	8272000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	653000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	693000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	186000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	182000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	564000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	611000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	750000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	793000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	49000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	65000	usd
CY2024Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	212000	usd
CY2023Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	269000	usd
CY2024Q1	us-gaap	Lease Cost LeaseCost	261000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	334000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y8M12D
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y8M12D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0425	pure
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0425	pure
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	210000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	812000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	62000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	750000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	23176
CY2024Q1	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	59000	usd
CY2023Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	1844000	usd
CY2024Q1	us-gaap	Derivative Assets DerivativeAssets	59000	usd
CY2023Q4	us-gaap	Derivative Assets DerivativeAssets	1844000	usd
CY2024Q1	useg	Derivative Settlement Gain Loss DerivativeSettlementGainLoss	404000	usd
CY2023Q1	useg	Derivative Settlement Gain Loss DerivativeSettlementGainLoss	-406000	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1381000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	919000	usd
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25343013
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	245000000
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	38.92
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	23176
CY2024Q1	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	-0	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	38.92
CY2024Q1	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions	23176
CY2024Q1	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit	7.2
CY2024Q1	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit	226.2
CY2024Q1	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1	38.92
CY2024Q1	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2	P2Y8M12D
CY2024Q1	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions	23176
CY2024Q1	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1	38.92
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.0225
CY2024Q1	us-gaap	Dividends And Interest Paid DividendsAndInterestPaid	600000	usd
CY2023Q1	us-gaap	Dividends And Interest Paid DividendsAndInterestPaid	0	usd
CY2023Q2	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	5000000	usd
CY2023Q2	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	5000000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	318200
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	337000	usd
CY2024Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	1.06
CY2023Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0
CY2023Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	18490000	usd
CY2022Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	15442000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	0	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	11000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	100000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	-2494000	usd
CY2024Q1	useg	Asset Retirement Obligation Plugged AssetRetirementObligationPlugged	-58000	usd
CY2023Q1	useg	Asset Retirement Obligation Plugged AssetRetirementObligationPlugged	-215000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	458000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	393000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1216000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	18725000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	18490000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	1273000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	1273000	usd
CY2024Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	17452000	usd
CY2023Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	17217000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	18725000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	18490000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0	pure
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.05	pure
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9537000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1247000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25388000
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25179000
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25388000
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25179000
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.38
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.38
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1761000
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1238000
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	4064000	usd
CY2024Q1	us-gaap	Investment Owned Balance Shares InvestmentOwnedBalanceShares	2421180
CY2023Q4	us-gaap	Investment Owned Balance Shares InvestmentOwnedBalanceShares	2421180
CY2024Q1	useg	Investment Owned Market Price InvestmentOwnedMarketPrice	0.07382
CY2023Q4	useg	Investment Owned Market Price InvestmentOwnedMarketPrice	0.06789
CY2024Q1	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	178732	usd
CY2023Q4	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	164375	usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	598000	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	88000	usd
CY2024Q1	useg	Joint Interest Billings Receivable JointInterestBillingsReceivable	248000	usd
CY2023Q4	useg	Joint Interest Billings Receivable JointInterestBillingsReceivable	265000	usd
CY2024Q1	us-gaap	Income Tax Receivable IncomeTaxReceivable	45000	usd
CY2023Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	135000	usd
CY2024Q1	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	38000	usd
CY2023Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	39000	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	929000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	527000	usd
CY2024Q1	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	2138000	usd
CY2023Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	1944000	usd
CY2024Q1	useg	Operating Expense And Oil And Gas Property Accruals OperatingExpenseAndOilAndGasPropertyAccruals	832000	usd
CY2023Q4	useg	Operating Expense And Oil And Gas Property Accruals OperatingExpenseAndOilAndGasPropertyAccruals	1335000	usd
CY2024Q1	us-gaap	Interest Payable Current InterestPayableCurrent	112000	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	247000	usd
CY2024Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	595000	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	454000	usd
CY2024Q1	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	0	usd
CY2023Q4	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	62000	usd
CY2024Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	18000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	22000	usd
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	3695000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	254000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	268000	usd
CY2024Q1	useg	Cash Received For Income Taxes CashReceivedForIncomeTaxes	-70000	usd
CY2023Q1	useg	Cash Received For Income Taxes CashReceivedForIncomeTaxes	0	usd
CY2024Q1	useg	Change In Capital Expenditure Accruals ChangeInCapitalExpenditureAccruals	0	usd
CY2023Q1	useg	Change In Capital Expenditure Accruals ChangeInCapitalExpenditureAccruals	18000	usd
CY2024Q1	useg	Asset Retirement Obligation Assumed AssetRetirementObligationAssumed	-158000	usd
CY2023Q1	useg	Asset Retirement Obligation Assumed AssetRetirementObligationAssumed	43000	usd
CY2024Q1	useg	Accrual For Repurchase Of Common Stock AccrualForRepurchaseOfCommonStock	-59000	usd
CY2023Q1	useg	Accrual For Repurchase Of Common Stock AccrualForRepurchaseOfCommonStock		usd
CY2024Q1	us-gaap	Notes Issued1 NotesIssued1	0	usd
CY2023Q1	us-gaap	Notes Issued1 NotesIssued1	654000	usd

Files In Submission

Name	View Source	Status
0001437749-24-015698-index-headers.html	Edgar Link	pending
0001437749-24-015698-index.html	Edgar Link	pending
0001437749-24-015698.txt	Edgar Link	pending
0001437749-24-015698-xbrl.zip	Edgar Link	pending
ex_644678.htm	Edgar Link	pending
ex_644679.htm	Edgar Link	pending
ex_644680.htm	Edgar Link	pending
ex_644681.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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report.css	Edgar Link	pending
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useg-20240331.xsd	Edgar Link	pending
useg20240331_10q.htm	Edgar Link	pending
useg-20240331_lab.xml	Edgar Link	unprocessable
useg-20240331_def.xml	Edgar Link	unprocessable
useg20240331_10q_htm.xml	Edgar Link	completed
useg-20240331_cal.xml	Edgar Link	unprocessable
useg-20240331_pre.xml	Edgar Link	unprocessable

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$USEG
US Energy Corp Stock $useg

2024 Q2 Form 10-Q Financial Statement

#000143774924015698 Filed on May 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USEG US Energy Corp Stock $useg

2024 Q2 Form 10-Q Financial Statement

#000143774924015698 Filed on May 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USEG
US Energy Corp Stock $useg