Tuesday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks
Oil & Gas Sector Performance: Oil and gas refining and marketing shares have increased by approximately 2%, with Aemetis and PBF Energy leading the gains at around 7.2% and 7.1% respectively on Tuesday.
Market Commentary Disclaimer: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
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An Oil Firm Transitioned to Electric, and Its Stock Reached an All-Time High.
- Oil Services Companies' Shift: Last year, some oil services companies indicated a potential shift towards becoming data center operators.
- Implementation of Plans: This year, a few of these companies are taking concrete steps to enter the data center market.

US Energy Corp. Reports Larger Q3 Loss, Falls Short of Expectations
Quarterly Loss: US Energy Corp. reported a third-quarter loss of -$3.34 million, or -$0.10 per share, which is an increase from -$2.25 million, or -$0.08 per share, in the same period last year.
Revenue Decline: The company's revenue fell by 64.9% to $1.74 million, down from $4.96 million in the previous year.
Analyst Expectations: The reported loss missed analysts' expectations, which had forecasted an earnings per share of -$0.09.
Earnings Overview: Key figures for US Energy Corp. include a loss of -$3.34 million, an EPS of -$0.10, and revenue of $1.74 million for the quarter.






