Sky Quarry (SKYQ)
Refines regional crude while developing waste-asphalt-shingle recycling technology.
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Generates current revenue by refining regional crude into diesel, liquid asphalt, VGO and naphtha for Southwest U.S. customers, while developing an ECOSolv-based platform to recycle waste asphalt shingles and recover oil from Utah leases. Refined crude oil is its only reportable segment; the recycling platform remains pre-revenue.
Operates the Eagle Springs refinery near Ely, Nevada, buying regional crude and other petroleum inputs and selling diesel, liquid asphalt, vacuum gas oil and naphtha to domestic customers in the Southwest. Current revenue comes from refined-crude-oil products, with most products sold to other refineries for further processing.
Develops a separate Utah platform for recovering oil from asphalt-bearing material and recycling waste asphalt shingles through the proprietary ECOSolv process. The planned model would combine fees for accepting shingles with sales of recovered materials, but the process has only been bench-tested and the PR Spring site remains pre-revenue. Refinery sales depend on plant availability, regional feedstock procurement and a concentrated customer base; the recycling platform remains dependent on financing and uncontracted material supply and product off-take.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $7.2M · Total debt $10.5M · Total assets $28.3M · Shareholders' equity $11.8M
- Revenue
- $219.62B
- Operating income
- −$2.6M
- Net income
- −$4.1M
No dividends on record.
| Institutions | 1.98% | 175.1K shares | |
|---|---|---|---|
| 17 holders · as of Jun 30, 2026 | |||
| Insiders | 7.20% | 636.0K shares | |
| 10 holders · as of May 29, 2026 | |||
| Strategic holders | 3.18% | 281.2K shares | |
| 1 holder · as of Oct 10, 2024 | |||
| Other | 87.64% | 7.74M shares | |
| remainder | |||
8.83M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (8.83M in the company's Sep 22, 2026 report, 4.79M elsewhere); stakes use the report.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
JPMorgan Chase & CoStrategic10 percent owner | 3.18% | 281,235 | filed Oct 10, 2024 |
Marcus G. LaunInsiderdirector, officer: Interim CEO, Pres, Interim CFO | 2.45% | 216,622 | filed May 29, 2026 |
Matthew C. FlemmingInsiderdirector, officer: Interim CEO, Interim CFO | 1.16% | 102,349 | filed May 29, 2026 |
David SealockInsiderother: Former CEO | 1.00% | 87,994 | filed Dec 3, 2025 |
UBS Group AGInstitution | 0.57% | 50,179 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Dec 1, 2025 | David Sealock | other: Former CEO | −40,500 | $0.4065 |
| Nov 25, 2025 | David Sealock | other: Former CEO | −100,000 | $0.3652 |
| Nov 26, 2025 | David Sealock | other: Former CEO | −100,000 | $0.3506 |
| Nov 5, 2025 | David Sealock | other: Former CEO | −20,405 | $0.4060 |
| Nov 7, 2025 | David Sealock | other: Former CEO | −38,062 | $0.4000 |
- Marathon Petroleum
Largest Utah refiner in regional crude and diesel markets.
- Chevron
Salt Lake refiner competing for crude and diesel customers.
- HF Sinclair
Woods Cross overlaps in western crude, diesel and asphalt.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Sky Quarry | $2.64 | −1.31% | $12.8M | — | — | 0.0 | +4,835,733.0% |
| Marathon Petroleum | $394.04 | −2.07% | $117.47B | 13.9 | 6.6 | 0.8 | +54.9% |
| Chevron | $203.29 | −0.19% | $405.85B | 19.5 | 12.8 | 1.9 | +57.9% |
| HF Sinclair | $108.50 | −0.72% | $19.43B | 10.4 | 6.4 | 0.6 | +53.2% |
| Median | 13.9 | 6.6 | 0.8 | +54.9% |