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 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 442.64.
Overvalued
The company’s latest PE is -0.69, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 8.06M shares, increasing 32.78% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 0.00 shares of this stock.