Sky Quarry (NASDAQ:SKYQ – Get Free Report) is one of 1,050 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it weigh in compared to its rivals? We will compare Sky Quarry to similar businesses based on the strength of its analyst recommendations, dividends, risk, earnings, profitability, institutional ownership and valuation.
Risk & Volatility
Sky Quarry has a beta of 2.21, suggesting that its share price is 121% more volatile than the S&P 500. Comparatively, Sky Quarry’s rivals have a beta of -3.78, suggesting that their average share price is 478% less volatile than the S&P 500.
Earnings and Valuation
This table compares Sky Quarry and its rivals gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Sky Quarry | $12.49 million | -$12.20 million | -0.42 |
| Sky Quarry Competitors | $14.91 billion | $5.52 billion | -1.20 |
Sky Quarry’s rivals have higher revenue and earnings than Sky Quarry. Sky Quarry is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Institutional and Insider Ownership
30.8% of shares of all “Oil, Gas & Consumable Fuels” companies are held by institutional investors. 5.1% of Sky Quarry shares are held by insiders. Comparatively, 15.3% of shares of all “Oil, Gas & Consumable Fuels” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Profitability
This table compares Sky Quarry and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Sky Quarry | N/A | -232.60% | -59.42% |
| Sky Quarry Competitors | -459.77% | 19.40% | 6.80% |
Analyst Recommendations
This is a breakdown of current ratings and target prices for Sky Quarry and its rivals, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Sky Quarry | 1 | 0 | 0 | 0 | 1.00 |
| Sky Quarry Competitors | 6003 | 27073 | 40987 | 2438 | 2.52 |
As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 26.34%. Given Sky Quarry’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Sky Quarry has less favorable growth aspects than its rivals.
Summary
Sky Quarry rivals beat Sky Quarry on 10 of the 13 factors compared.
Sky Quarry Company Profile
Sky Quarry, Inc. is an environmental remediation and energy company focused on recovering useful materials from oil-bearing waste. Its activities include processing oil sands and discarded asphalt shingles using extraction technologies designed to separate hydrocarbons and other reusable materials from waste. The company’s work has been associated with facilities in Utah, including the Asphalt Ridge area. Sky Quarry aims to turn recovered hydrocarbons into energy products and reclaim materials for use in asphalt and related applications.
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