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Questerre ( (TSE:QEC) ) has shared an announcement.
Questerre Energy Corporation’s planned 50/50 joint venture with a local Brazilian partner to develop Parana Xisto SA (PX Energy) has lapsed, leaving Questerre as the sole owner and operator of the Brazilian oil shale production and refining business. With full control of PX Energy, Questerre will fully consolidate the subsidiary’s financial and operating results for the period ending December 31, 2025, while production at PX Energy remains above 4,400 boe/d and group output, including Western Canadian operations, is expected to average 6,500–7,000 boe/d in the fourth quarter, underscoring continued operational momentum and potentially reinforcing the company’s strategic positioning in both Brazilian oil shale and its broader transitioning energy portfolio.
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 technology and innovation company that leverages expertise in low-permeability reservoirs to acquire high-quality oil and gas resources. The company focuses on balancing economic returns with environmental and social considerations as it seeks to transition its energy portfolio, with operations that include oil shale production and refining in southern Brazil and production assets in Western Canada.
Average Trading Volume: 23,323
Technical Sentiment Signal: Buy
Current Market Cap: C$141.4M
For an in-depth examination of QEC stock, go to TipRanks’ Overview page.