SKY QUARRY INC (SKYQ)
NASDAQEnergyOil & Gas IntegratedSnapshot 2026-09-09
$2.67+0.38%
Close 2026-09-09 · 1-day change
NASDAQEnergyOil & Gas IntegratedSnapshot 2026-09-09
Broken: Primary pillar broken — Improve operating income and reduce net losses: metric not reported.
Sky Quarry is starting a new refinery in Nevada in July. This should help improve income and cut losses. Operating income improved from negative $2.7M to negative $1.6M in one year. Net losses also got smaller from negative $3.3M to negative $2.3M.
The company is still losing money and faces legal and regulatory problems. It got a Nasdaq delisting notice. Management is unstable and progress is slow. Recent capital obligations and terminated deals add risks.
The market is selling off the stock sharply. No clear consensus or fair value is available. The price likely reflects high risk and weak outlook. Our view sees some improvement but big challenges remain.
Breaks if: New Nasdaq delisting notice or adverse legal ruling occurs
Respond to Nasdaq delisting notice and ongoing legal and regulatory matters affecting the company.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth opportunity. The current thesis state is cautious, as the company is loss-making and management has shown volatility.
The market appears to be pricing in low expectations due to recent weak financial performance. However, there is some optimism based on the broader energy sector's favorable conditions.
Management is actively working on capital allocation and has made slight improvements in operating income. However, the company still struggles with net losses and faces legal and regulatory challenges.
The long-term thesis hinges on the performance of sector bellwethers like XOM, CVX, and SHEL, as well as potential inflationary pressures. Any negative shifts in these areas could significantly impact SKYQ's outlook.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated as a priority in 2 of last 3 quarters. Nasdaq delisting notice was received in 2026-Q1 and litigation filings occurred in 2026-Q2. The company continues to face regulatory challenges with limited progress evident from disclosures.
“Filed litigation related to regulatory matters as disclosed in April 2026.”
“Received written notification from Nasdaq of delisting due to continued non-compliance.”
Breaks if: Net loss worsens beyond negative $3.3M in any quarter
Breaks if: Operating income falls below negative $2.7M in any quarter
Breaks if: Nevada refinery fails to start operations by July 2026
In the next 1 to 3 years, SKYQ's performance will depend on external sector conditions and internal management execution. Not investment advice.