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U.S. Energy Corp. (NASDAQ:USEG) is an independent energy company founded in 1966 and headquartered in Houston, Texas. Originally focused on traditional oil and gas exploration and production across multiple U.S. basins, the company has undergone a significant strategic transformation in recent years. While maintaining its legacy oil and gas operations, USEG has pivoted toward developing industrial gas assets, particularly helium production, in Montana's Kevin Dome structure. The company went public in 1980 and currently operates as a small-cap energy company with interests in oil and gas properties across North Dakota's Williston Basin, New Mexico's Permian Basin, and Texas, while simultaneously building what it aims to become a new industrial gas platform.