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The latest update is out from Questerre ( (TSE:QEC) ).
Questerre Energy Corporation has entered into a joint venture with Nice Capital Holdings to develop PX Energy, an oil shale production and refining company in Brazil. This partnership aims to position PX Energy as a competitive player in Brazil’s energy market, leveraging Questerre’s resource development expertise and Nimofast’s distribution capabilities to drive growth and innovation in sustainable shale oil production.
The most recent analyst rating on (TSE:QEC) stock is a Hold with a C$0.50 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 technology and innovation company focused on leveraging its expertise in low permeability reservoirs to acquire high-quality resources. The company is committed to balancing economics, environment, and society in the oil and gas industry, emphasizing transparency and public involvement in energy decisions.
Average Trading Volume: 41,481
Technical Sentiment Signal: Buy
Current Market Cap: C$141.4M
See more data about QEC stock on TipRanks’ Stock Analysis page.