Sky Quarry Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is good.Its valuation is considered fairly valued, ranking 123 out of 156 in the Professional & Commercial Services industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend down.Despite a very weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Sky Quarry Inc's Score
Industry at a Glance
Industry Ranking
123 / 156
Overall Ranking
467 / 4521
Industry
Professional & Commercial Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Sky Quarry Inc Highlights
StrengthsRisks
Sky Quarry Inc. is an integrated energy solutions company. The Company and its subsidiaries are engaged in oil production, refining, and a development-stage environmental remediation, which is formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. It focuses on converting waste into sustainable oil and other resources. It has a daily production capacity of 5,000 barrels per day (bpd). The Company’s refinery converts heavy crude oil into diesel and a range of other valuable petroleum products, including naphtha, vacuum gas oil, and paving asphalt liquids from sustainable feedstock. It owns two substantial processing facilities: an oil extraction facility with significant hydrocarbon resources, and an oil refinery in Nevada. Its closed loop recycling process recovers both material and oil, using its proprietary extraction technology. Its subsidiaries include 2020 Resources (Canada) Ltd. and 2020 Resources LLC.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 43.45% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 23.36M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 23.36M.
Overvalued
The company’s latest PE is -0.40, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.60M shares, decreasing 6.06% quarter-over-quarter.
Sky Quarry Inc. is an integrated energy solutions company. The Company and its subsidiaries are engaged in oil production, refining, and a development-stage environmental remediation, which is formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. It focuses on converting waste into sustainable oil and other resources. It has a daily production capacity of 5,000 barrels per day (bpd). The Company’s refinery converts heavy crude oil into diesel and a range of other valuable petroleum products, including naphtha, vacuum gas oil, and paving asphalt liquids from sustainable feedstock. It owns two substantial processing facilities: an oil extraction facility with significant hydrocarbon resources, and an oil refinery in Nevada. Its closed loop recycling process recovers both material and oil, using its proprietary extraction technology. Its subsidiaries include 2020 Resources (Canada) Ltd. and 2020 Resources LLC.