Questerre Energy (TSE:QEC) Issues Earnings Results

Questerre Energy (TSE:QEC) released its quarterly earnings results on Wednesday. The company reported C($0.17) earnings per share for the quarter, FiscalAI reports. Questerre Energy had a negative net margin of 33.29% and a negative return on equity of 10.27%. The firm had revenue of C$39.97 million for the quarter.

Questerre Energy Price Performance

Shares of Questerre Energy stock opened at C$0.28 on Friday. The business has a 50-day moving average of C$0.27 and a 200-day moving average of C$0.30. The company has a debt-to-equity ratio of 80.61, a current ratio of 0.53 and a quick ratio of 2.62. The company has a market capitalization of C$119.98 million, a PE ratio of -9.33 and a beta of -0.48. Questerre Energy has a 1-year low of C$0.21 and a 1-year high of C$0.45.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.