Cash-backed LossesNet losses being closely matched by negative free cash flow indicates reported losses are largely cash-based rather than driven by large non-cash charges. That makes future cash planning and stress-testing more reliable and reduces risk of hidden accruals, aiding durable financial transparency.

Manageable Absolute Cash BurnThe company's absolute cash outflows are modest in scale (sub-$300k TTM), which can make interim financing or partnership funding more achievable than for larger burn profiles. A smaller burn reduces the size of financing needed to sustain operations, easing medium-term survival odds.

Stable Loss TrajectoryAlthough unprofitable, the firm’s losses have not exhibited a clear accelerating trend, implying some cost control or steady operating cadence. That stability creates a more predictable base for management to execute a turnaround or funding plan if commercial milestones are achieved.

Bears Say

Pre-revenue ProfileThe company reports no revenue across reported periods, meaning it has not yet demonstrated commercial production or sales. For an E&P firm this is a material structural risk: without revenue the business cannot self-fund operations and depends on external financing or asset monetization to survive.

Deeply Negative EquityPersistently negative shareholders’ equity signals cumulative losses beyond capital contributions and severely constrains financial flexibility. Negative equity increases refinancing and going-concern risk, deters counterparties, and often necessitates equity injections to restore a functional capital structure.

High Leverage Vs Tiny Asset BaseMaterial debt on a very small asset base means limited collateral and recovery value for lenders, raising default and covenant risk. This structural imbalance hampers the company’s ability to secure additional secured financing and constrains capital-intensive E&P activities long term.

Squatex Energy and Ressources Inc News

Squatex and Caron Technologies Forge Strategic Partnership with Senegal’s Geological Survey

Squatex Energy and Ressources Inc ( ($TSE:SQX) ) just unveiled an announcement. Squatex Energy and Resources Inc. and...

4M ago

Squatex Diversifies into Natural Hydrogen Exploration

Squatex Energy and Ressources Inc ( ($TSE:SQX) ) has provided an update. Squatex Energy and Resources Inc. is...

8M ago

SQX FAQ

What was Squatex Energy and Ressources Inc’s price range in the past 12 months?

Squatex Energy and Ressources Inc lowest stock price was C$0.01 and its highest was C$0.08 in the past 12 months.

What is Squatex Energy and Ressources Inc’s market cap?

Squatex Energy and Ressources Inc’s market cap is C$3.10M.

When is Squatex Energy and Ressources Inc’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Squatex Energy and Ressources Inc’s earnings last quarter?

Currently, no data Available

Is Squatex Energy and Ressources Inc overvalued?

According to Wall Street analysts Squatex Energy and Ressources Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Squatex Energy and Ressources Inc pay dividends?

Squatex Energy and Ressources Inc does not currently pay dividends.

What is Squatex Energy and Ressources Inc’s EPS estimate?

Squatex Energy and Ressources Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Squatex Energy and Ressources Inc have?

Squatex Energy and Ressources Inc has 123,850,655 shares outstanding.

What happened to Squatex Energy and Ressources Inc’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Squatex Energy and Ressources Inc?

Currently, no hedge funds are holding shares in TSE:SQX

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Squatex Energy and Ressources Inc

Squatex Energy and Resources Inc. engages in the exploration and development of oil and gas properties in Quebec. It owns 36 licenses covering an area of 6,560.93 km2 in the Appalachian Basin, including 12 exploration permits, which cover 2,249.3 km2 in the St. Lawrence Lowlands region; and 24 exploration permits that covers 4,311.6 km2 in the Lower St. Lawrence/Gaspe region. The company was founded in 2001 and is based in Brossard, Canada.