Questerre Corp. J (TSE:QEC)
TSX:QEC
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Questerre
(TSX:QEC)
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Rating:47Neutral
Price Target:
C$0.28
▼(-10.97% Downside)
Action:ReiteratedDate:04/04/26
The score is primarily weighed down by weak financial performance: a return to heavy losses and a sharp increase in leverage, despite positive cash flow. Technical indicators are neutral and do not provide a strong offset, while valuation is constrained by negative earnings and no dividend support.
Positive Factors
Cash generation
Sustained positive operating and free cash flow in 2025 indicates the business can internally fund a portion of operations and development. Over a 2–6 month horizon this reduces immediate reliance on external financing and supports operational continuity and project advancement.
Negative Factors
Rising leverage
A rapid increase in leverage materially reduces financial flexibility and raises default and refinancing risk. With debt-to-equity near 1.33, interest and covenant pressures could constrain investment, limit response to commodity shocks, and elevate long-term funding costs.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Sustained positive operating and free cash flow in 2025 indicates the business can internally fund a portion of operations and development. Over a 2–6 month horizon this reduces immediate reliance on external financing and supports operational continuity and project advancement.
Read all positive factors
Questerre (QEC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$119.98M
Dividend YieldN/A
Average Volume (3M)35.63K
Price to Earnings (P/E)―
Beta (1Y)0.35
Revenue Growth19.15%
EPS Growth43.88%
CountryCA
Employees8
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.17
Shares Outstanding428,516,000
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)-0.02
Revenue Forecast (FY)C$110.00M
Questerre Business Overview & Revenue Model
Company Description
Questerre Energy Corporation (QEC) is a Canadian-based energy company engaged in the exploration and production of oil and natural gas. The company primarily focuses on unconventional resource plays, with its operations centered in Canada and stra...
How the Company Makes Money
Questerre makes money primarily through upstream oil and gas activities tied to its working interests in producing and development-stage properties. Its main revenue stream is the sale of produced hydrocarbons (crude oil, natural gas, and/or natur...
Questerre Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
38
Negative
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | 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
0.27
Positive
0.28
Negative
0.30
Negative
Market Momentum
<0.01
Positive
49.79
Neutral
35.56
Neutral
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 0.29, above the 50-day MA of 0.27, and above the 200-day MA of 0.30, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.79 is Neutral, neither overbought nor oversold. The STOCH value of 35.56 is Neutral, 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 |
|---|---|---|---|---|---|---|---|
66 Neutral | C$144.56M | 7.07 | 2.57% | ― | -12.46% | -49.29% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | C$158.85M | 14.68 | -37.75% | 0.66% | 12.23% | -424.88% | |
56 Neutral | C$345.84M | 43.82 | -4.77% | ― | ― | 86.19% | |
55 Neutral | C$226.15M | -9.66 | -3.24% | ― | -9.55% | -154.04% | |
52 Neutral | C$203.77M | -31.23 | -32.88% | ― | 82.57% | 49.97% | |
47 Neutral | C$119.98M | -1.69 | -10.07% | ― | 19.15% | 43.88% |
* Energy Sector Average
TSE:QEC
Questerre
0.28
0.03
13.82%
TSE:CDR
Condor Energies
2.98
1.27
74.27%
TSE:YGR
Yangarra Resources
1.37
0.46
50.55%
TSE:BNE
Bonterra Energy
6.27
3.32
112.54%
TSE:EOG
Eco Atlantic Oil & Gas
1.00
0.86
614.29%
TSE:TPL
Tethys Petroleum
1.64
0.33
25.19%
Questerre Corporate Events
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Questerre Details Timeline and Structure for Quebec Asset Spin-Out and Share Exchange
Neutral
Jan 20, 2026
Questerre Energy Corporation has outlined key details and timelines for a corporate reorganization that will spin out its Quebec assets, including the exchange of its existing Class A common shares for new Class A common shares and a new Series 2 ...
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.