U.S. Energy Corp. (USEG) shares jumped 44.54 percent to $1.34, gaining $0.4129 on Monday, after announcing a long-term helium sales agreement that strengthens its future revenue visibility.
The stock is currently trading at $1.34, compared to a previous close of $0.9271 on the Nasdaq. It reached an intraday high of $1.37 and a low of $1.26, with volume surging to 103.21 million shares.
The company revealed it has signed a five-year take-or-pay agreement with an investment-grade global industrial gas company for helium production from its Big Sky Carbon Hub in Montana. Pricing under the agreement is fixed at $285 per thousand cubic feet, with annual inflation-linked increases starting in 2028.
The stock's 52-week range is at $0.66 to $2.75.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.