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Squatex Energy and Ressources Inc (TSE:SQX)
:SQX
Canadian Market
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Squatex Energy and Ressources Inc (SQX) AI Stock Analysis

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TSE:SQX

Squatex Energy and Ressources Inc

(SQX)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
C$0.04
▲(120.00% Upside)
Action:ReiteratedDate:04/16/26
The score is held down primarily by very weak financial performance (no revenue, recurring losses, cash burn, and negative equity). Technical momentum is currently supportive and offsets some risk, but valuation remains difficult to justify due to ongoing losses and no dividend support.
Positive Factors
Monetization options via JVs/grants
Squatex's stated business model includes asset sales, leases, joint ventures and government grants as potential revenue paths. That structural optionality provides multiple non-revenue-dependent funding routes while exploration progresses, reducing single-path execution risk and supporting near-term program funding.
Negative Factors
Zero revenue and recurring losses
The absence of operating revenue combined with widening reported losses means there is no active commercialization base to fund operations. Sustained losses erode capital and require external financing or asset monetization; without successful exploration outcomes this creates structural viability risk over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Monetization options via JVs/grants
Squatex's stated business model includes asset sales, leases, joint ventures and government grants as potential revenue paths. That structural optionality provides multiple non-revenue-dependent funding routes while exploration progresses, reducing single-path execution risk and supporting near-term program funding.
Read all positive factors

Squatex Energy and Ressources Inc (SQX) vs. iShares MSCI Canada ETF (EWC)

Squatex Energy and Ressources Inc Business Overview & Revenue Model

Company Description
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 ...
How the Company Makes Money
The company generates revenue primarily through the exploration and potential commercialization of oil and natural gas reserves. Revenue streams typically involve activities such as selling extracted resources to energy markets, leasing properties...

Squatex Energy and Ressources Inc Financial Statement Overview

Summary
Very weak fundamentals: zero revenue across periods with ongoing losses, persistent negative operating/free cash flow (cash burn), and a strained balance sheet with negative shareholders’ equity and rising debt—creating elevated funding/solvency risk.
Income Statement
6
Very Negative
Balance Sheet
4
Very Negative
Cash Flow
8
Very Negative
BreakdownTTMJun 2024Mar 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-666.000.000.000.000.000.00
EBITDA-461.19K0.000.00-133.02K-297.50K-817.47K
Net Income-648.17K-511.67K-337.92K-256.19K-422.68K-942.41K
Balance Sheet
Total Assets36.90K17.40K27.60K6.87K25.90K89.14K
Cash, Cash Equivalents and Short-Term Investments11.68K7.16K16.79K5.18K11.45K69.52K
Total Debt1.37M1.18M948.60K822.60K672.60K522.60K
Total Liabilities3.62M3.13M2.63M2.27M2.03M1.67M
Stockholders Equity-3.58M-3.11M-2.60M-2.26M-2.01M-1.58M
Cash Flow
Free Cash Flow-253.01K-236.62K-114.39K-156.27K-208.07K-25.85K
Operating Cash Flow-246.96K-236.62K-114.39K-156.27K-208.07K-25.85K
Investing Cash Flow-6.05K0.000.000.000.000.00
Financing Cash Flow261.73K227.00K126.00K150.00K150.00K82.00K

Squatex Energy and Ressources Inc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
47
Neutral
C$5.57M-3.01-33.33%
46
Neutral
C$2.10M-0.73-152.21%173.02%-92.66%
43
Neutral
C$5.36M67.67-65.85%-7.02%-35.24%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SQX
Squatex Energy and Ressources Inc
0.05
0.02
50.00%
TSE:CTA
Centaurus Energy
1.90
-0.61
-24.30%
TSE:JEC
Jura Energy
0.04
0.00
0.00%
TSE:WCE
Wescan Energy
0.13
0.09
225.00%
TSE:OIL
Permex Petroleum Corporation
3.81
0.18
4.96%

Squatex Energy and Ressources Inc Corporate Events

Business Operations and Strategy
Squatex and CTI Advance Québec–Senegal Geological Partnership With Official Delegation Visit
Positive
Feb 27, 2026
Squatex Energy and Resources Inc. and Caron Technologies International Inc., in partnership with Québec institutions HIFA and the Université du Québec à Rimouski, are advancing an international collaboration with the National G...
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.Date of analysis: Apr 16, 2026