Stock events for Sky Quarry, Inc. (SKYQ)
In 2024, Sky Quarry's revenue was $23.36 million, a 53.95% decrease compared to the previous year, and the company reported losses of -$14.73 million, a 232.0% increase from 2023. For the first quarter of 2025, Sky Quarry Inc. reported $6.3 million in revenue, a 50% increase from the previous quarter, although this was a decrease from $11 million a year earlier, primarily due to supply chain challenges and lower commodity prices. The company's stock price has ranged between $0.21 and $1.94 over the past 52 weeks. As of January 30, 2026, the stock price was $0.28.
Demand Seasonality affecting Sky Quarry, Inc.’s stock price
The provided search results do not contain specific information regarding the demand seasonality for Sky Quarry, Inc.'s products and services. However, the company's business model involves recycling waste asphalt shingles, which could potentially have seasonal variations related to roofing and construction activities.
Overview of Sky Quarry, Inc.’s business
Sky Quarry, Inc. (SKYQ) is an oil production, refining, and development-stage environmental remediation company operating in the United States. The company recycles waste asphalt shingles and remediates oil-saturated sands and soils to reduce landfill waste and dependence on virgin crude oil. Sky Quarry operates within the Energy sector, specifically in the Oil & Gas Integrated industry. Its major products include diesel, liquid asphalt, vacuum gas oil (VGO), and naphtha, derived from refining heavy crude oil and recycled asphalt shingles. They utilize a proprietary solvent technology called ECOSolv for separating oil from oil-bearing solids, with a high solvent recovery rate.
SKYQ’s Geographic footprint
Sky Quarry, Inc. operates in the United States. The company holds 100% interest in asphalt bitumen leases covering approximately 5,930 acres in the PR Spring region of Utah. They also own the Eagle Springs Refinery near Ely, Nevada, with a daily production capacity of 4,500 to 5,000 barrels per day. The company's corporate office is located in Woods Cross, Utah.
SKYQ Corporate Image Assessment
Sky Quarry positions itself as an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, emphasizing resource conservation, landfill waste reduction, and emission minimization. Their mission is to recycle the approximately 15 million tons of waste asphalt shingles that go into landfills annually. The company highlights its eco-friendly ECOSolv technology, which boasts a material recovery rate of up to 95% and recycles up to 99% of its solvent. Sky Quarry also emphasizes a "Triple Bottom Line" focus on people, planet, and profit, dedicated to sustainable practices and positive environmental and societal impact. There is no information in the provided search results about specific events that have negatively affected Sky Quarry, Inc.'s reputation in the past year.
Ownership
The provided search results do not contain specific information about the major institutional and individual owners of Sky Quarry, Inc. (SKYQ).
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