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Questerre
(TSX:QEC)
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Rating:45Neutral
Price Target:
C$0.25
▼(-19.68% Downside)
Action:Reiterated
Date:05/16/26
The score is primarily held down by weak financial performance—deep losses, negative margins, and higher leverage—partially offset by positive operating and free cash flow. Technicals add a slight headwind with price below key short-term averages and RSI below neutral, while valuation remains pressured due to loss-making results and no indicated dividend support.
Positive Factors
Revenue Growth Momentum
A 42.3% TTM revenue rebound indicates expanding realized volumes or better pricing, helping to underpin longer-term project economics. Sustained top-line improvement can enable scale, improve project paybacks and support reinvestment or deleveraging if cash conversion continues.
Negative Factors
Deep Negative Profitability
Severely negative margins show the company is not earning economics above operating and production costs. Persistent unprofitability erodes capital, limits reinvestment capacity, and makes long-term project funding and partner confidence harder to sustain without structural cost or pricing improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Momentum
A 42.3% TTM revenue rebound indicates expanding realized volumes or better pricing, helping to underpin longer-term project economics. Sustained top-line improvement can enable scale, improve project paybacks and support reinvestment or deleveraging if cash conversion continues.
Read all positive factors
Questerre (QEC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$108.53M
Dividend YieldN/A
Average Volume (3M)35.63K
Price to Earnings (P/E)―
Beta (1Y)0.35
Revenue Growth198.86%
EPS Growth-1237.72%
CountryCA
Employees223
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.22
Shares Outstanding452,213,000
10 Day Avg. Volume33,747
30 Day Avg. Volume35,634
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.74
Price to Sales (P/S)1.72
P/FCF Ratio44.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.04
Revenue Forecast (FY)C$185.00M
Questerre Business Overview & Revenue Model
Company Description
Questerre Energy Corporation, an energy technology and innovation company, engages in the acquisition, exploration, and development non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The co...
How the Company Makes Money
Questerre makes money primarily by monetizing hydrocarbon interests and related rights through a combination of: (1) commodity sales from production (when and where it has producing assets), where revenue is generated by selling natural gas, crude...
Questerre Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
28
Negative
Cash Flow
55
Neutral
| Breakdown | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 77.14M | 34.15M | 35.71M | 51.75M | 30.40M |
| Gross Profit | -6.27M | 6.51M | 6.99M | 21.71M | 10.66M |
| EBITDA | -42.95M | 11.77M | 13.11M | 25.30M | 2.22M |
| Net Income | -78.94M | -7.33M | -23.71M | 14.07M | -4.30M |
Balance Sheet | |||||
| Total Assets | 395.26M | 170.72M | 172.35M | 196.49M | 184.26M |
| Cash, Cash Equivalents and Short-Term Investments | 25.42M | 31.79M | 35.04M | 29.59M | 8.53M |
| Total Debt | 102.23M | 188.00K | 228.00K | 283.00K | 3.63M |
| Total Liabilities | 318.60M | 32.09M | 28.68M | 30.36M | 35.30M |
| Stockholders Equity | 76.66M | 138.63M | 143.67M | 166.13M | 148.96M |
Cash Flow | |||||
| Free Cash Flow | 3.01M | 9.63M | 11.67M | 26.03M | 13.57M |
| Operating Cash Flow | 12.62M | 13.67M | 16.32M | 28.81M | 14.07M |
| Investing Cash Flow | -18.85M | -16.86M | -10.81M | -11.97M | -3.76M |
| Financing Cash Flow | -243.00K | -65.00K | -55.00K | -3.44M | -11.88M |
Questerre Technical Analysis
Negative
0.31
Price Trends
0.28
Negative
0.28
Negative
0.29
Negative
Market Momentum
-0.01
Negative
42.13
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QEC, the sentiment is Negative. The current price of 0.31 is above the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.28, and above the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 42.13 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:QEC.
Questerre Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | C$138.33M | 9.18 | 2.46% | ― | -12.46% | -37.81% | |
62 Neutral | C$126.34M | 9.69 | -37.75% | 0.66% | 76.61% | ― | |
56 Neutral | C$202.71M | -8.47 | -4.63% | ― | -11.05% | -1520.04% | |
54 Neutral | C$372.16M | -239.94 | -4.77% | ― | ― | 95.40% | |
53 Neutral | C$287.06M | -33.39 | -62.25% | ― | 5.03% | -176.53% | |
45 Neutral | C$108.53M | -1.14 | -10.07% | ― | 198.86% | -1237.72% |
* Energy Sector Average
TSE:QEC
Questerre
0.26
-0.05
-16.12%
TSE:CDR
Condor Energies
3.62
1.76
94.10%
TSE:YGR
Yangarra Resources
1.30
0.25
23.81%
TSE:BNE
Bonterra Energy
5.62
2.08
58.76%
TSE:EOG
Eco Atlantic Oil & Gas
1.06
0.89
523.53%
TSE:TPL
Tethys Petroleum
1.10
0.10
10.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.