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Recent Updates — USEG

August 11, 2026View Source ↗

Big Sky Industrial Inc. reported second quarter 2026 financial results and operational updates for the period ended June 30, 2026. The company generated $2.1 million in revenue from 33,747 barrels of oil equivalent (BOE), resulting in a net loss of $2.3 million or $0.04 per diluted share. Strategic highlights include advancing Phase I construction at the Big Sky Carbon Hub with $9.6 million invested in industrial gas capital expenditures during the first half of 2026, and executing a five-year, 100% take-or-pay helium offtake agreement at $285 per Mcf. The company also amended its senior secured credit facility to double the borrowing base to $20 million and completed a corporate rebrand from U.S. Energy Corp., with stock now trading under ticker BSIN on Nasdaq. Big Sky Industrial Inc. operates in the industrial gas, energy, and carbon management sector.