Sky Quarry Inc.(SKYQ)

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Sky Quarry Provides Third Quarter 2024 Corporate Update and Financial Results
GlobeNewswire News Room· 2024-11-15 12:30
Began Trading on NASDAQ Under Ticker Symbol ‘SKYQ’ Closed $6.7 Million Public Offering WOODS CROSS, Utah, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry " or the "Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, has reported its financial and operational results for the third quarter ended September 30, 2024. Key Financial and Operational Highlights Q3 2024 Revenue of $4.8 million and $19.2 million for ...
Sky Quarry Inc.(SKYQ) - 2024 Q3 - Quarterly Report
2024-11-14 21:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------|------------|-------|-------------------------|----------------------------- ...
Sky Quarry Nears Completion of First Waste Asphalt Shingle Modular Facility
GlobeNewswire News Room· 2024-11-14 13:30
Core Insights - Sky Quarry Inc. is constructing its first Waste Asphalt Shingle Modular Facility, which is currently 80% complete, aimed at transforming the waste asphalt shingle recycling industry in the U.S. [1][2] Company Overview - Sky Quarry Inc. focuses on integrated energy solutions, particularly in recycling waste asphalt shingles and environmental remediation [5]. - The company aims to repurpose millions of tons of asphalt shingle waste, contributing to improved waste management and resource efficiency [5]. Facility Details - The completion of the first modular facility will mark a significant milestone in converting millions of tons of waste shingles into reusable resources, with operations expected to start in 2025 [2]. - Each modular facility is designed to process up to 100,000 tons of asphalt shingle feedstock annually, contributing to the recycling of over 15 million tons of waste asphalt shingles generated in the U.S. each year [3]. Strategic Importance - The modular facilities are part of a nationwide network intended to intercept waste at the source, addressing a major waste challenge in the U.S. construction industry [3]. - The initiative aligns with recent regulatory updates that mandate the diversion of construction waste from landfills, positioning the company to provide sustainable solutions [4]. Market Potential - By recycling waste asphalt shingles, Sky Quarry is poised to unlock an energy potential of over 22 million barrels annually, representing a significant opportunity for sustainable resource recovery [3].
Sky Quarry Announces Launch of European Financing Effort
GlobeNewswire News Room· 2024-11-13 13:31
WOODS CROSS, Utah, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company focused on transforming the waste asphalt shingle recycling industry, today announced the launch of its European Financing Effort. This expansion aims to leverage growth capital in the European market. The Company is making this announcement following numerous meetings with institutional investors across several European countries. According to Morningst ...