United Energy Corporation Reports Record Q2 Earnings

Recent acquisition creates record earnings and establishes Diversified LNG, Power Generation and Logistics Platform

United Energy Corporation (OTCMKTS:UNRG)

PLANO, TX, UNITED STATES, August 21, 2026 /EINPresswire.com/ -- PLANO, Texas — August 20, 2026 — United Energy Corporation (OTCID: UNRG) (“United,” “United Energy” or the “Company”) today announced management-prepared, unaudited operating results from its recently acquired Alkane operations for the three-month period from May through July 2026.

During the period, the acquired operations generated approximately $3.84 million in revenue, $1.58 million in gross profit and $801 thousand in EBITDA, a non-GAAP financial measure. Gross margin was approximately 41.1% and EBITDA margin was approximately 20.9%.

The results represent a material change in United Energy’s operating profile and provide the first meaningful indication of the contribution from the Alkane platform following completion of the acquisition on April 30, 2026.

Initial Operating Highlights
Metric May–July 2026
Revenue $3.84 million
Gross profit $1.58 million
Gross margin 41.1%
EBITDA (non-GAAP) $801 thousand
EBITDA margin (non-GAAP) 20.9%
July revenue $1.45 million

The three-month results imply an annualized revenue run rate of approximately $15.4 million, within the $15 million to $20 million annual revenue range United identified when it announced the approximately $31 million Alkane transaction. This figure is a mathematical extrapolation and should not be interpreted as financial guidance.

The results do not include potential contributions from additional LNG facilities, distributed-power deployments or other projects under development.

Management Commentary
“These initial results demonstrate that the Alkane acquisition has provided United with an operating platform capable of generating meaningful revenue, gross profit and positive EBITDA,” said Brian Guinn, Chairman and Chief Executive Officer of United Energy Corporation. “Our focus is now on disciplined integration, maintaining operating performance, broadening the customer base and selectively expanding the platform where we see attractive risk-adjusted returns.”

“The value of our platform extends beyond any single revenue stream. United participates across LNG services, power generation, transportation and field services. We believe that operating diversity, combined with our ability to connect natural-gas supply with growing distributed-power demand, provides a strong foundation for the Company’s next stage of development.”

Diversified Operating Platform
The acquisition added multiple operating revenue streams:
Revenue Category May–July 2026
LNG services $1.88 million
Power generation services $1.20 million
Hauling services $518 thousand
Field services $232 thousand

LNG and power generation represented approximately 80% of total three-month revenue, positioning those activities as the principal economic drivers of United’s expanding Energy Fulfillment™ platform.

Management believes this combination of LNG, distributed generation, transportation and field services allows United to participate across multiple points in the energy delivery chain.

Operating Performance in Context
Management believes the early positive performance of the acquired platform is noteworthy when viewed alongside larger publicly traded companies operating in adjacent distributed-energy, LNG and natural-gas markets.

Management further believes that the earnings potential demonstrated by these operations and the strategic value of the broader platform are not yet fully reflected in the Company’s current public-market valuation.

From Molecule to Megawatt
United’s strategy is focused on connecting natural-gas and LNG supply with growing demand for rapidly deployable power.
Management estimates that the emerging domestic serviceable market for truck-delivered LNG supporting mobile, temporary and behind-the-meter generation could represent approximately $3 billion to $6 billion in annual fuel demand. This estimate depends on assumptions regarding generator utilization, fuel consumption, delivered LNG pricing and the portion of distributed-power demand that can be economically served through truck-based logistics. Actual market adoption may differ materially from these assumptions.

United seeks to control a greater portion of the energy value chain—from natural gas and LNG production through transportation, storage and ultimately electricity generation at the customer site.

Management believes increasing power demand from data centers, industrial facilities, remote operations and grid-constrained markets is creating an expanding market for energy infrastructure capable of delivering reliable power faster than traditional utility interconnections.
United intends to pursue this opportunity by expanding LNG production, deploying additional distributed-generation equipment and integrating those assets with its transportation and field-service capabilities.

About United Energy Corporation
United Energy Corporation is building an integrated natural-gas infrastructure and distributed-power company focused on LNG production, logistics, mobile and behind-the-meter power generation, and related energy services. The Company’s strategy connects natural-gas supply with growing power demand across the molecule-to-megawatt value chain.

Non-GAAP Financial Measure
EBITDA is a non-GAAP financial measure defined as net income or loss before interest expense, income taxes, depreciation and amortization. Management believes EBITDA provides supplemental information regarding operating performance. EBITDA should not be considered a substitute for financial measures calculated in accordance with GAAP and may differ from similarly titled measures reported by other companies.

Forward-Looking Statements
This release contains forward-looking statements regarding United’s strategy, expansion, future performance, market opportunities and development activities. Such statements involve risks and uncertainties that could cause actual results to differ materially. Annualized revenue and market-size statements are estimates based on management assumptions and are not guarantees of future performance. Other public-company results are provided solely for general market context and are not directly comparable. The Company undertakes no obligation to update forward-looking statements except as required by law.

Investor Relations
United Energy Corporation
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