$SKYQ

2 stories mentioning SKYQUpdated 37d ago

Every FINWIRES story that references SKYQ, newest first.

Sky Quarry Nears Start of Nevada Refinery Operations, Targets July Launch

Sky Quarry (SKYQ) said that it is nearing the start of operations at its Foreland Refinery in Ely, Nevada, marking a transition from infrastructure development to production and cash-flow generation.Interim CEO Marcus Laun said Monday the facility is in the final stages of preparation and is expected to begin refinery operations in July. He added that recent upgrades include storage capacity of more than 100,000 barrels and around 10,000 barrels of crude and in-process inventory already on site.Sky Quarry said it aims to benefit from refining margins rather than crude price movements alone as operations scale.Sky Quarry shares were down by more than 11% during Tuesday's premarket session.

$SKYQ

Equities108d ago

Top Premarket Gainers

Sky Quarry (SKYQ) shares were up 48% in Monday premarket activity, continuing Friday's surge.Battalion Oil (BATL) stock was 32% higher, erasing the previous session's loss.Ideaya Biosciences (IDYA) shares were up 19% after the company said that its phase 2/3 registrational trial evaluating darovasertib in combination with crizotinib in patients with metastatic uveal melanoma met its primary endpoint.Leggett & Platt (LEG) stock was 7.2% higher after the company and Somnigroup International (SGI) said that Somnigroup has agreed to acquire Leggett & Platt in an all-stock transaction valued at about $2.50 billion.

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