U.S. Energy Corp. (NASDAQ:USEG) shot up 3% during mid-day trading on Friday . The company traded as high as $0.37 and last traded at $0.32. 27,674 shares changed hands during trading, a decline of 54% from the average session volume of 59,898 shares. The stock had previously closed at $0.31.
U.S. Energy Company Profile (NASDAQ:USEG)
U.S. Energy Corp., an independent energy company, focuses on the acquisition and development of oil and gas producing properties in the continental United States. It holds interests in various oil and gas projects in Williston Basin of North Dakota; Dimmit County of Texas; and Coastal Louisiana. As of December 31, 2017, the company had estimated proved reserves of 824,115 barrels of oil equivalent.
Further Reading: Overbought
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