tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Questerre Executives Boost Holdings Through Stock Option Exercises

Story Highlights
  • Questerre executives exercised stock options at $0.18, increasing insider ownership.
  • Expanded shareholdings by senior officers may signal confidence in Questerre’s outlook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Questerre Executives Boost Holdings Through Stock Option Exercises

Claim 50% Off TipRanks Premium

An update from Questerre ( (TSE:QEC) ) is now available.

Questerre Energy Corporation reported that three senior officers have increased their equity stakes by exercising stock options at an exercise price of $0.18 per share. VP Exploration John Brodylo acquired 950,000 shares, Controller Dana Shepherdson acquired 250,000 shares, and VP Land Rick Tityk acquired 300,000 shares, bringing their total holdings to 1,734,100, 290,000, and 350,000 common shares respectively, a move that may be interpreted by investors as a sign of management’s confidence in the company’s prospects.

The most recent analyst rating on (TSE:QEC) stock is a Hold with a C$0.31 price target. To see the full list of analyst forecasts on Questerre stock, see the TSE:QEC Stock Forecast page.

More about Questerre

Questerre Energy Corporation is an energy company engaged in the exploration and development of oil and natural gas resources. The company focuses on acquiring and developing resource-style assets, leveraging internal technical expertise to advance its exploration and land positions in key North American plays.

Average Trading Volume: 34,427

Technical Sentiment Signal: Buy

Current Market Cap: C$117.8M

Find detailed analytics on QEC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1