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Questerre (QEC) AI Stock Analysis

TSE:QEC

Questerre

(TSX:QEC)

Select Model
Rating:56Neutral
Price Target:CAD 0.30â–²(3.10% Upside)
Action:reiterated
Date:08/19/26

The overall score reflects weak and deteriorating profitability and higher leverage despite solid revenue growth and positive cash flow, with only modest technical strength and an unattractive valuation driven by negative earnings and the absence of a dividend.

Positive Factors
Revenue reboundThe strong TTM revenue rebound indicates improved top-line activity and renewed demand or production contribution. If maintained, higher revenue can provide greater operating scale, support investment in resource development, and improve the company’s ability to absorb fixed costs over the next several quarters.
Negative Factors
Deep losses and thin marginsVery thin gross margins and substantial net losses show that current revenue is not translating into durable earnings power. This weak profitability limits internally funded growth, leaves results vulnerable to operating changes, and makes a sustained recovery dependent on materially better margins or business conditions.

Questerre (QEC) vs. iShares MSCI Canada ETF (EWC)

-30%-20%-10%0%10%20%30%TSE:QEC-3.01%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 131.30M
Dividend Yield
―
Average Volume (3M)
44.73K
Price to Earnings (P/E)
-1.8
Beta (1Y)
-0.19
Revenue Growth
273.28%
EPS Growth
-656.13%
Country
Canada
Employees
223
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

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 compa...

Questerre Financial Statement Overview

Summary

Strong revenue growth and consistently positive operating and free cash flow are outweighed by deep and worsening net and operating losses and rapidly rising leverage, resulting in a below-average financial profile.

Income Statement

30Negative

Balance Sheet

27Negative

Cash Flow

45Neutral
Financial statement breakdown
BreakdownTTMMar 2026Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue143.58M77.14M34.15M35.71M51.75M30.40M
Gross Profit5.50M-6.27M6.51M6.99M21.71M10.66M
EBITDA-24.01M-40.04M12.35M13.11M25.30M2.22M
Net Income-68.25M-78.94M-7.33M-23.71M14.07M-4.30M
Balance Sheet
Total Assets421.67M395.26M170.72M172.35M196.49M184.26M
Cash, Cash Equivalents and Short-Term Investments44.24M25.42M31.79M35.04M29.59M8.53M
Total Debt113.26M102.23M188.00K228.00K283.00K3.63M
Total Liabilities330.77M318.60M32.09M28.68M30.36M35.30M
Stockholders Equity90.89M76.66M138.63M143.67M166.13M148.96M
Cash Flow
Free Cash Flow5.73M3.01M9.63M11.67M26.03M13.57M
Operating Cash Flow15.48M12.62M13.67M16.32M28.81M14.07M
Investing Cash Flow17.61M-18.85M-16.86M-10.81M-11.97M-3.76M
Financing Cash Flow-7.47M-243.00K-65.00K-55.00K-3.44M-11.88M

Questerre Technical Analysis

Technical Analysis SentimentPositive
Last Price0.29

Price Trends

50DMA0.28Positive
100DMA0.27Positive
200DMA0.28Positive

Market Momentum

MACD0.00Negative
RSI53.53Neutral
STOCH50.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QEC, the sentiment is Positive. The current price of 0.29 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.28, and above the 200-day MA of 0.28, indicating a bullish trend. The MACD of 0.00 indicates Negative momentum. The RSI at 53.53 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:QEC.

Questerre Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

TSE:QEC against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TSE:YGRTSE:YGR77OutperformCAD 181.62M7.104.26%―13.33%33.70%
TSE:TPLTSE:TPL66NeutralCAD 129.21M11.6423.08%―86.37%―
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
TSE:CDRTSE:CDR58NeutralCAD 356.65M-39.60-35.15%―13.39%-82.66%
TSE:QECTSE:QEC56NeutralCAD 131.30M-1.81-74.92%―273.28%-656.13%
TSE:BNETSE:BNE49NeutralCAD 252.84M-120.45-0.41%―2.67%68.98%
TSE:EOGTSE:EOG39UnderperformCAD 308.88M-25.41-41.15%――-341.10%

* Energy Sector Average

Performance Comparison

0%200%400%600%TSE:QECTSE:CDRTSE:YGRTSE:BNETSE:EOGTSE:TPLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:QEC and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:QECQuesterre Corp.0.29-0.01-3.01%
TSE:CDRCondor Energies Inc.4.132.43142.94%
TSE:YGRYangarra Resources1.720.7170.30%
TSE:BNEBonterra Energy7.013.4194.72%
TSE:EOGEco Atlantic Oil & Gas Ltd (UK)0.840.69479.31%
TSE:TPLTethys Petroleum 1.13-0.07-6.25%

Questerre Corporate Events

Business Operations and StrategyLegal Proceedings

Questerre enters mediation with Quebec government over ongoing court cases

Neutral
Sep 3, 2026

Questerre Energy Corporation has entered a mediation protocol with the Attorney General of Quebec and the province’s Ministry of the Economy, Innovation and Energy, alongside co-plaintiff Utica Resources and related entities, in connection with...

Business Operations and Strategy

Questerre Completes Emergency Maintenance at Brazilian Oil Shale Plant

Positive
Aug 25, 2026

Questerre Energy Corporation reported that emergency maintenance at the PX Energy oil shale processing facility in southern Brazil was completed on budget, on schedule and with no recordable safety incidents. The repair addressed a critical pipe fail...

Business Operations and Strategy

Questerre wins first Nova Scotia bid, securing new exploration foothold

Positive
Aug 24, 2026

Questerre Energy Corporation has been selected as the successful bidder in the first round of Nova Scotia’s Subsurface Energy Research and Development Investment Program, paving the way for a Petroleum Exploration Agreement in the onshore Cumbe...

Business Operations and StrategyRegulatory Filings and Compliance

Questerre Wins Quebec Approval for Carbon Storage Pilot Near Major Emitters

Positive
Aug 20, 2026

Questerre Energy Corporation has secured approval from Quebec’s Ministry of Economy, Innovation and Energy for a five‑year pilot carbon storage project, with a possible two‑year extension. The pilot will use injection and observatio...

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: Aug 17, 2026