SGBX Subsidiary Olenox to Implement AI Algorithm to Streamline Wellsite Production and Operator Input [Yahoo! Finance]
SG Blocks, Inc. (SGBX)
NASDAQ:AMEX Investor Relations:
ir.sgblocks.com
Company Research
Source: Yahoo! Finance
CONROE, Texas, Oct. 16, 2025 (GLOBE NEWSWIRE) -- via IBN -- Safe & Green Holdings Corp. (NASDAQ: SGBX), and its wholly owned subsidiary, Olenox Corp , a vertically integrated energy company, today announce the completion of Phase 1 of its intelligent wellsite monitoring system, leveraging the company's Machfu gateway as its core technology. The system is designed to optimize wellsite operations through real-time, bi-directional monitoring and control — reducing lifting costs, site visits, and unnecessary energy consumption. The AI-powered system utilizes a proprietary algorithm to analyze water-cut percentages and dynamically adjust pumpjack operations. By modulating pump speeds—or temporarily shutting down equipment to allow the reservoir to rebalance and minimize water coning—the platform aims to increase production efficiency while extending equipment life and improving sustainability. Phase 2 of the project will involve full implementation on one of Olenox's production pads.
Show less
Read more
Impact Snapshot
Event Time:
SGBX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SGBX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SGBX alerts
High impacting SG Blocks, Inc. news events
Weekly update
A roundup of the hottest topics
SGBX
News
- Olenox Receives DOT Number; Prepares To Mobilize Service Division AssetsGlobeNewswire
- Safe & Green Holdings Outlines New Integrated Energy Strategy Following First Year Under Olenox LeadershipGlobeNewswire
- Safe and Green Holdings Announces Its 2025 Record Date and Annual Shareholders Meeting DateGlobeNewswire
- IBN Initiates Coverage of Safe and Green Holdings Corp.GlobeNewswire
- SGBX and Subsidiary Olenox Energy Tout Reliability of Mission-Critical Web Services in Collaborative Partnership with Global Technology Company OneQodeGlobeNewswire
SGBX
Sec Filings
- 12/2/25 - Form 8-K
- 11/14/25 - Form 10-Q
- 11/4/25 - Form PRE
- SGBX's page on the SEC website