SKYQ Stock Analysis: Sky Quarry Inc.

Key Findings Summary

Sky Quarry Inc. (SKYQ) is a micro-cap oil & gas integrated company focused on environmental remediation, waste asphalt shingle recycling via ECOSolv technology, and operating the Eagle Springs Refinery in Nevada alongside PR Spring oil sands assets in Utah; the stock has shown extreme volatility with recent sharp gains amid refinery updates, but the company remains deeply unprofitable with limited public analyst coverage.

Current Stock Price

Fact: As of approximately 11:28 AM EDT on the data crawl date (around July 13, 2026), SKYQ traded at $3.9800, up $0.8000 (+25.16%) on the day, with intraday range $3.6800 - $4.3400, previous close $3.1800, volume ~13.7 million shares (vs. avg. ~9.7 million), and market cap ~$19.083 million.

Uncertainties: Stock is highly volatile (52-week range $1.10 - $19.45); prices fluctuate rapidly in real-time and may differ significantly by the time of reading.

Yahoo Finance Quote | Nasdaq Quote

Stock Performance and Company Financials

Stock Performance (Fact - Trailing Returns as of ~July 13, 2026)

PeriodSKYQ ReturnS&P 500 Return
YTD+122.10% (or ~119.87% in alternate data)+10.26% (or ~9.90%)
1-Year+19.76% (or ~20.56%)+20.58% (or ~20.18%)
3-Year+90.94% (or ~91.03%)+67.36% (or ~66.81%)
5-Year+90.94%+72.75%

Interpretation: SKYQ has significantly outperformed the S&P 500 on a YTD and longer-term basis in recent periods, driven by company-specific news on operations and assets, though past performance is not indicative of future results.

Limitation: Returns include no dividends (none paid); data sourced from Yahoo Finance and may reflect different exact dates or adjustments.

Key Financials (Fact - TTM / Most Recent Available, ~July 2026)

MetricValueNotes
Revenue (TTM)$6.16MPrimarily from refinery operations
Net Income (TTM)-$11.18M (alt. -$12.2M)Deeply unprofitable
EPS (TTM)$0.05 (diluted; conflicting with profit margin)Reported positive but overall losses
Profit Margin-181.62%Fact from Yahoo
Return on Assets (TTM)-23.32%Negative
Return on Equity (TTM)-193.22%Negative
Market Cap~$15.25M - $19.08MFluctuates with price
Enterprise Value~$26.63MIncludes debt
Price/Sales (TTM)11.55High multiple for low revenue
Price/Book (MRQ)7.63Premium to book
Total Cash (MRQ)~$66.83kVery low liquidity
Total Debt/Equity (MRQ)572.93%Highly leveraged
EBITDA (TTM)~-6.89MNegative

Uncertainties & Interpretations: Financials indicate a development-stage company with refinery revenue ramping but significant ongoing losses; high debt and low cash raise going-concern risks. Positive EPS reported may reflect specific share count or one-time items.

Limitations/Assumptions: TTM data from Yahoo Finance, StockTitan, and Public.com (as of ~July 2026 crawls); full audited statements may differ; no quarterly breakdowns available in sources; micro-cap reporting can have delays or restatements. Yahoo Financials | StockTitan Overview

Recent News Highlights (Fact)

Yahoo News | Company Site News

Analyst Ratings

Fact: No analyst price targets, ratings (Buy/Hold/Sell), or consensus estimates available from major sources (Yahoo shows "--" for 1y Target Est; no coverage noted in searches).

Interpretation: As a micro-cap stock with limited institutional following, it likely receives no or minimal Wall Street coverage; any "ratings" would be speculative or from retail/influencer sources only.

Limitation: Absence of data does not imply neutrality; small-cap energy firms often lack coverage until revenue scales significantly. Monitor for future initiation. Yahoo Analysis

Company Overview and History

Overview (Fact)

Sky Quarry Inc. is an oil production, refining, and development-stage environmental remediation company headquartered in Woods Cross, Utah. It recycles waste asphalt shingles, remediates oil-saturated sands/soils using proprietary ECOSolv technology (up to 95% material recovery, 99% solvent recycle), refines heavy crude into diesel, naphtha, vacuum gas oil, and paving asphalt liquids. Key assets: 100% interest in ~5,930 acres PR Spring bitumen leases (Utah, est. 180M barrels); Eagle Springs/Foreland Refinery (Nevada, ~4,500-5,000 bpd capacity, revenue-generating with established customers). Formerly Recoteq Inc.; name changed April 2020. Website: skyquarry.com. ~26 employees. Fiscal year ends Dec 31. Sector: Energy / Oil & Gas Integrated.

History (Fact)

Limitation: History compiled from Yahoo profile, company site, and StockTitan; early-stage details may be limited in public filings.

Customers and Competitors

Customers

Fact: Limited public disclosure. Refinery has "established customers and regular product liftings" for diesel and petroleum products. Focus on B2B energy/refining markets; potential for regional sales and sustainable feedstock users. No specific major customer names (e.g., no Chevron or Shell contracts disclosed).

Interpretation: Revenue growth tied to refinery utilization and PR Spring heavy oil integration; diversified revenue streams from recycling (up to 7 per ton of shingles) possible but not yet scaled.

Limitation: Customer details not itemized in 10-K/Q equivalents or press; typical for small public companies. Company Site

Competitors

Fact: Competes in oil & gas integrated sector with focus on remediation/refining. Yahoo compares include:

CompanyTickerMarket Cap (approx.)Notes
Vivakor, Inc.VIVK~$2.54MSmall peer, similar industry
Diversified Energy CompanyDEC~$949MLarger Appalachian focus
National Fuel Gas CompanyNFG~$7.69BIntegrated utility
Suncor Energy Inc.SU / SU.TO~$72B - $102B CADOil sands/refining major
Cenovus Energy Inc.CVE~$50.9BIntegrated Canadian
Shell plcSHEL~$231BGlobal major
BP p.l.c.BP~$104BGlobal major
Chevron CorporationCVX~$358BGlobal major

Interpretation: SKYQ is a tiny niche player vs. giants; closest peers are micro-caps like VIVK focused on remediation or small refining.

Limitation: Competitor list from Yahoo "Compare" feature; actual direct competitors in shingle recycling or Nevada refining may be fewer or private. Yahoo Compare

Important Disclaimers and Data Limitations