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An update from Questerre ( (TSE:QEC) ) is now available.
Questerre Energy Corporation has received regulatory approval for its joint venture with Nice Capital Holdings Ltda. for the development of PX Energy, an oil shale production and refining company in Brazil. This partnership, approved by the Brazilian Administrative Council for Economic Defense, will see Nice acquire a 50% interest in the venture, enhancing Questerre’s operations and market positioning in the energy sector.
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 that leverages its expertise in low permeability reservoirs to acquire high-quality resources. The company focuses on transitioning its energy portfolio using clean technologies and innovations to responsibly produce and use energy, balancing economics, environment, and society.
Average Trading Volume: 31,851
Technical Sentiment Signal: Buy
Current Market Cap: C$132.8M
Find detailed analytics on QEC stock on TipRanks’ Stock Analysis page.