Key Insights
Sky Quarry's Foreland Refinery, with a capacity of 5,000 barrels per day, is Nevada's only operating refinery, making it a critical asset in the region's fuel supply chain.
The refinery produces diesel, vacuum gas oil, naphtha, and liquid paving asphalt, directly serving Nevada and the Intermountain West market.
Brent crude oil prices have surged past $110 per barrel, the highest level since mid-2022, enhancing the refinery's profitability.
AI Analysis
Sky Quarry is well-positioned to capitalize on the current surge in oil prices and the regional decline in refining capacity. The Foreland Refinery's ...
Market Outlook
Short-Term
In the short term, Sky Quarry's stock is likely to benefit from heightened investor interest due to the surge in oil prices and the refinery's strategic importance. The completion of system upgrades at the Foreland Refinery may lead to increased production and revenue.
Long-Term
Recent News
Unlock the full Sky Quarry Refinery Value analysis
Get AI-powered insights, real-time alerts, and complete market analysis for Sky Quarry Refinery Value and thousands of other topics.
No credit card required