SKYQ stock forecast, quote, news & analysis
Sky Quarry Inc is a development-stage oil-producing and refining company... Show more
Why Sky Quarry (SKYQ) Stock Is Down -14% in the Last 30 Days
Key Takeaways
- Sky Quarry (SKYQ) shares have fallen roughly 14% over the last 30 days, sliding from a closing price near $2.50 to approximately $2.14 as of the most recent session.
- The decline extends a broader pullback: the stock is down about 52% over the last quarter, retreating from a closing level near $4.51 in late July.
- Operational milestones — including the restart of the Eagle Springs Refinery in late September and confirmation of production in late October — have not been enough to halt the selling pressure.
- Investor caution reflects the company's development-stage profile, recurring losses, a going-concern disclosure, past-due debt, and ongoing equity-financing activity.
- Elevated volatility has persisted throughout the period, with several high-volume trading sessions accompanying both rallies and declines.
- Sector positioning remains a key narrative: Eagle Springs is described as Nevada's only operating crude oil refinery at a time of regional refining-capacity reductions.
- For additional detail on this ticker, explore its Price Targets, Earnings, and Forecast pages.
- Readers can also monitor automated strategies covering SKYQ and thousands of other tickers through Trending AI Robots.
Sky Quarry (SKYQ) Company Overview and Market Position
Sky Quarry Inc. is a small-cap energy company operating across oil production, refining, and development-stage environmental remediation. Headquartered in Woods Cross, Utah, the company was incorporated in 2019 and trades on the Nasdaq under the symbol SKYQ. Its principal operating asset is the Eagle Springs Refinery near Ely, Nevada, which is run by wholly owned subsidiary Foreland Refining Corporation and produces diesel, vacuum gas oil, naphtha, and liquid paving asphalt.
The company also holds a 100% interest in asphalt bitumen leases covering roughly 5,930 acres in the PR Spring region of Utah. Through its proprietary, waterless ECOSolv process, Sky Quarry aims to recycle waste asphalt shingles and remediate oil-saturated sands and soils into marketable oil products and clean solids. That development-stage initiative has not yet been proven at commercial scale. With a market capitalization in the range of roughly $19 million and approximately two dozen employees, Sky Quarry is a speculative, early-stage operator that investors follow for its refining restart story and its longer-term resource-recovery ambitions.
Sky Quarry (SKYQ) Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 days, SKYQ has declined approximately 14%, moving from a closing price near $2.50 on September 29, 2026 to roughly $2.14 in the most recent session. The slide was punctuated by sharp single-day moves, including heavy-volume down days in late October even as the company confirmed production at its Nevada refinery.
The longer-term picture is more pronounced. Over the last quarter, the stock has fallen about 52%, retreating from a closing level near $4.51 on July 29, 2026. That pullback followed an especially volatile July, when shares spiked to an intraday high above $7 before giving back the gains. The overall trend since late July has been a steady, lower trajectory, with periodic relief rallies failing to establish sustained support.
What Drove SKYQ Stock Price in the Last 30 Days
The 30-day decline occurred despite a steady stream of operational announcements. On September 24, Sky Quarry disclosed that it had received an air permit from the Nevada Division of Environmental Protection and restarted the Eagle Springs Refinery, triggering a double-digit single-day gain on elevated volume. In early and mid-October, the company published new CEO interview content highlighting the refinery restart and its growth strategy. Then, in late October, Sky Quarry confirmed that refined petroleum production was underway at Eagle Springs, with a stated nameplate capacity of about 5,000 barrels of crude oil per day.
Despite these milestones, the stock continued to weaken. The likely explanation lies in fundamentals rather than news flow. The company operates with recurring losses, carries a going-concern disclosure in its filings, holds past-due debt, and has relied on an at-the-market equity offering to fund operations — factors that can weigh on sentiment through dilution concerns and execution risk. The sharp late-October volume suggests some investors used the production confirmation as an opportunity to reduce exposure rather than accumulate shares.
What Drove SKYQ Stock Performance Over the Last Quarter
The quarterly decline reflects the unwinding of a speculative July rally and a reassessment of the company's execution timeline. After a sharp run-up in July, shares began a multi-month pullback that accelerated into the fall. During the period, Sky Quarry completed several corporate steps: it appointed Ray Hansen as President of Foreland Refining Corporation in July and Heidi C. Bowman as Chief Financial Officer in August, and shareholders approved reverse-stock-split authorizations and a 2026 Omnibus Incentive Plan in September.
Broader industry dynamics also shaped sentiment. Regional commentary has highlighted reduced refining capacity on the West Coast, including closures tied to Phillips 66 and Valero facilities, which reinforces the strategic relevance of Eagle Springs as Nevada's only operating refinery. However, that strategic narrative has not yet offset the market's focus on Sky Quarry's financial constraints and the capital still required to complete the PR Spring retrofit.
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SKYQ Stock Forecast Drivers: What Investors Should Watch Next
Several factors will likely shape SKYQ's trajectory in the months ahead. First is the pace at which Eagle Springs ramps toward its nameplate capacity, since sustained throughput and product sales are central to the refining story. Second, investors will watch for quarterly financial results and any updates on funding, debt restructuring, or the at-the-market offering, given the company's going-concern disclosure and cash needs. Third, progress on the PR Spring retrofit and any farm-in or collaboration developments could reframe the longer-term resource-recovery narrative. Finally, broader energy-market conditions — including regional fuel demand, crude feedstock availability, and West Coast refining capacity — remain important external variables. As always, the company's execution risk and capital position are key considerations for anyone evaluating the stock.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
SKYQ's RSI Oscillator is remaining in oversold zone for 1 day
It is expected that a price bounce should occur soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +9.39% 3-day Advance, the price is estimated to grow further. Considering data from situations where SKYQ advanced for three days, in 62 of 69 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
SKYQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 16, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SKYQ as a result. In 33 of 35 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 90%.
The Moving Average Convergence Divergence Histogram (MACD) for SKYQ turned negative on November 04, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 18 similar instances when the indicator turned negative. In 17 of the 18 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SKYQ declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.
The Aroon Indicator for SKYQ entered a downward trend on November 10, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 88 (best 1 - 100 worst), indicating slightly worse than average price growth. SKYQ’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 89 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.487) is normal, around the industry mean (1.508). P/E Ratio (11.316) is within average values for comparable stocks, (10.200). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.088). SKYQ has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.053). SKYQ's P/S Ratio (42.373) is very high in comparison to the industry average of (3.764).
The Tickeron PE Growth Rating for this company is 96 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 99 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SKYQ’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 31, placing this stock worse than average.
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Industry IntegratedOil