QEC : Questerre Energy Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

Questerre Energy Corporation trades with the ticker QEC on the TSX and is in the Oil & Gas E&P industry.

Questerre Energy Corporation acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,960 acres located in Kakwa, west central Alberta, including a 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,400 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South. It also holds 100% working interest in 11,035 acres located in Antler, Saskatchewan; and oil shale assets in Jordan. The company was formerly known as Westpro Equipment Ltd. and changed its name to Questerre Energy Corporation in December 2000. The company was incorporated in 1971 and is headquartered in Calgary, Canada.

Looking to invest in Questerre Energy Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

QEC.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $104.986MM

PE Ratio: 24.5

Price: 0.25 (Updated: 3/12/2024 0:47:16)

Questerre Energy Corporation (QEC) vs Competitors in Oil & Gas E&P

Lets see how QEC.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd


Oil & Gas E&P Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Advantage Oil & Gas Ltd (AAV) $1,577.226 16.729 5.77 N/A%
Africa Oil Corp (AOI) $959.473 8.708 6.836 3.2%
ARC Resources Ltd (ARX) $13,990.234 8.981 4.539 2.9%
Athabasca Oil Corporation (ATH) $2,937.06 N/A 26.708 N/A%
Birchcliff Energy Ltd (BIR) $1,471.439 17.25 4.987 7.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas E&P

  • Questerre Energy Corporation (QEC) vs Advantage Oil & Gas Ltd (AAV)
    • AAV has higher EPS (0.59 vs 0.01). QEC has a higher P/E ratio (24.5 vs 16.729) indicating it’s more expensive.
  • Questerre Energy Corporation (QEC) vs Africa Oil Corp (AOI)
    • AOI has higher EPS (0.24 vs 0.01). AOI provides dividends, while QEC does not. QEC has a higher P/E ratio (24.5 vs 8.708) indicating it’s more expensive.
  • Questerre Energy Corporation (QEC) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs 0.01). ARX provides dividends, while QEC does not. QEC has a higher P/E ratio (24.5 vs 8.981) indicating it’s more expensive.
  • Questerre Energy Corporation (QEC) vs Athabasca Oil Corporation (ATH)
    • QEC has higher EPS (0.01 vs -0.09). ATH has a P/E under 0, indicating QEC (P/E 24.5) is in a better position.
  • Questerre Energy Corporation (QEC) vs Birchcliff Energy Ltd (BIR)
    • BIR has higher EPS (0.32 vs 0.01). BIR provides dividends, while QEC does not. QEC has a higher P/E ratio (24.5 vs 17.25) indicating it’s more expensive.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.

How to Buy QEC stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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