Sky Quarry Inc. operates as an oil production, refining, and development-stage environmental remediation company in the United States. The company deploys technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils, providing refined crude products. It also holds 100% interest in asphalt bitumen leases covering approximately 5,930 acres in the PR Spring region in Utah; is involved in refining of heavy crude oil into diesel and other petroleum products, such as naphtha, vacuum gas oil, and paving asphalt liquids. The company was formerly known as Recoteq Inc. and changed its name to Sky Quarry Inc. in April 2020. Sky Quarry Inc. was incorporated in 2019 and is headquartered in Woods Cross, Utah.
Metrics to compare | SKYQ | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipSKYQPeersSector | |
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P/E Ratio | −0.9x | −1.4x | 4.9x | |
PEG Ratio | 0.01 | 0.01 | 0.00 | |
Price/Book | 1.4x | 0.5x | 1.1x | |
Price / LTM Sales | 0.7x | 1.1x | 1.1x | |
Upside (Analyst Target) | - | 85.4% | 26.3% | |
Fair Value Upside | Unlock | −9.1% | 11.1% | Unlock |