U.S. Energy Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 8.27 million compared to USD 8.87 million a year ago.

Net loss was USD 1.25 million compared to USD 3.38 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.14 a year ago.