U.S. Energy Corp. · Riverton, WY United States ·(NASDAQ (CM): USEG)
Company Description
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U.S. Energy (USE) has put its energy in many places, including oil and gas exploartion and production, geothermal energy projects, and molybdenum mining. It operates oil and gas wells on the coast of the Gulf of Mexico and in Texas. The company bought a quarter stake in Standard Steam Trust in 2008, giving USE entry into the geothermal energy market. It also is developing a molybedenum mining project in Colorado. U.S. Energy has an agreement with Thompson Creek Metals to fund development of the project. The company had owned almost half of Sutter Gold Mining but sold most of its stake in the gold miner in 2008. To read the full description, subscribe now.
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Key U.S. Energy Corp. Financials
| Company Type | Public - NASDAQ (CM): USEG Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2.3 |
| 2008 Employees | 19 |
U.S. Energy Corp. Executives
11 executives listed for U.S. Energy Corp.'s Riverton, WY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Keith Larsen | Network |
| President, COO, and Director | Mark Larsen | Network |
| VP Finance, CFO, Treasurer, Chief Accounting Officer, and Director | Robert Lorimer | Network |
Competition
Competitive Landscape for U.S. Energy Corp.
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.Top U.S. Energy Corp. Competitors
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