Big Sky Industrial (BSIN) reported third-quarter 2026 revenue of $2.0 million, up from $1.7 million a year earlier, while its net loss totaled $3.5 million, or $0.07 per share.
The company said Phase 1 processing-facility fabrication is underway at its Big Sky Carbon Hub in Montana. It is targeting first production and first helium sales in spring 2027.
- Third-quarter production was 30,628 BOE, compared with 35,326 BOE in the prior-year quarter.
- Total revenue was $1.955 million, compared with $1.738 million in the third quarter of 2025.
- Lease operating expense was $2.1 million, including about $1.2 million of environmental remediation costs.
- Cash totaled $2.9 million at September 30, with total available liquidity of $14.4 million.
- The company has a five-year, 100% take-or-pay helium sales agreement priced at $285 per Mcf at the plant gate.
- Big Sky said its Big Rose monitoring, reporting and verification plan is in the final stage of the EPA approval process.
