Past year: ▲ 16%(88.0c – 1.52 USD)
Each one in plain English, with the numbers worked through for a shareholder.
4 Mar 2026capital raising announcement▼ BadMajor
U.S. Energy drew much more heavily on the Roth equity line, selling another 6.5 million shares -- cumulative sales now 19.1% of shares outstanding for $7.3 million total -- steep dilution funding the Big Sky Carbon Hub buildout as the share price kept falling.
13 Feb 2026capital raising announcement▼ Bad
U.S. Energy drew on its Roth equity line for the first time, selling 2.0 million shares for just over $2.0 million (about 5.7% dilution) to help fund the helium buildout.
9 Oct 2025capital raising announcement● NeutralMajor
U.S. Energy signed a $25 million equity line of credit with Roth Principal Investments, giving it discretion to sell stock over time to fund its new helium pivot (the Big Sky Carbon Hub).
6 Oct 2021capital raising announcement● NeutralMajor
U.S. Energy signed agreements to buy a diversified, oil-weighted portfolio across the Rockies, West Texas, Eagle Ford and Mid-Continent from Lubbock Energy Partners, the Banner/Woodford/Llano group and Synergy Offshore -- entities controlled by USE's own chairman and directors -- for $1.25 million cash, assumption of $3.3 million in liabilities, and 19.9 million new shares; the deal closed three months later and handed the sellers effective control of the company.
9 Mar 2021capital raising announcement▼ Bad
Lender APEG converted another $412,500 of debt into shares and subscribed for more stock by forgiving legal-cost reimbursements owed to it, continuing to build its stake ahead of the company's Jan 2022 change-of-control transaction.
7 Jan 2021capital raising announcement▲ GoodMajor
U.S. Energy bought back and cancelled all 50,000 shares of its Series A convertible preferred stock from Mt. Emmons Mining -- the security issued to Freeport-McMoRan's subsidiary in the 2016 molybdenum-liability divestiture -- paying $2 million cash plus 328,000 common shares to clear the preferred stock overhang.
9 Nov 2020capital raising announcement● Neutral
U.S. Energy agreed to buy producing Liberty County, Texas properties from Newbridge Resources for $250,000 in restricted stock -- the same East Texas asset it would exit in December 2024 as part of its later helium pivot.
5 Oct 2017capital raising announcement▼ BadMajor
Lender APEG Energy II agreed to exchange $4.46 million of credit-facility debt for 5.8 million new shares, a deal that would leave APEG holding roughly half of U.S. Energy's stock -- the moment the company's own lender became its controlling shareholder.
22 Dec 2016capital raising announcement▼ Bad
U.S. Energy raised $1.5 million in a registered direct offering of 1 million shares, with matching warrants exercisable at $2.05 -- a modest raise during its pre-2020 financial distress era.
What it means for a shareholder
1.0m new shares at about US$1.50 to raise about US$1.5m. That's 16% dilution: every existing holder's slice gets 16% smaller. If you held US$1,000 of shares (667 at the issue price), your slice goes from 0.013% to 0.0109% of the company. To keep it you'd need 130 more shares - about US$195 at the issue price.
Create a free account to see this worked out for your own holding.
