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Skye Petroleum Inc. (OTCMKT:SKPO) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Skye Petroleum Inc. (OTCMKT:SKPO) seasonal charts above shows that a Buy Date of April 10 and a Sell Date of July 26 has resulted in a geometric average return of 21.58% above the benchmark rate of the S&P 500 Total Return Index over the past 20 years. This seasonal timeframe has shown positive results compared to the benchmark in 15 of those periods. This is a good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 20 years by an average of 40.74% per year.

Skye Petroleum Inc is an oilfield chemical company. It offers production chemical treatment services to the oil industry for the treatment of their existing oil wells, flow lines, tanks, terminals, pipelines, and vessels. The company also offers a?line of drilling and completion fluids, as well as a powerful degreaser agent. Its key products include cleaning compounds, coiled tubing, drilling, fracturing, and production chemicals. Its primary source of revenue is chemical sales.

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