Questerre Energy Corporation

TSX:QEC Stock Report

Market Cap: CA$137.2m

Questerre Energy Past Earnings Performance

Past criteria checks 0/6

Questerre Energy's earnings have been declining at an average annual rate of -67%, while the Oil and Gas industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 16.8% per year.

Key information

-66.97%

Earnings growth rate

-66.83%

EPS growth rate

Oil and Gas Industry Growth42.11%
Revenue growth rate16.78%
Return on equity-156.59%
Net Margin-93.77%
Next Earnings Update11 Aug 2026

Recent past performance updates

Recent updates

Analysis Article Feb 11

Questerre Energy Corporation's (TSE:QEC) Popularity With Investors Is Under Threat From Overpricing

With a median price-to-sales (or "P/S") ratio of close to 2.8x in the Oil and Gas industry in Canada, you could be...
Analysis Article Jan 05

Questerre Energy (TSE:QEC) Has Debt But No Earnings; Should You Worry?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 12

Questerre Energy Corporation (TSE:QEC) Stock Rockets 42% As Investors Are Less Pessimistic Than Expected

TSX:QEC 1 Year Share Price vs Fair Value Explore Questerre Energy's Fair Values from the Community and select yours...
Analysis Article Jun 28

Questerre Energy Corporation's (TSE:QEC) 32% Price Boost Is Out Of Tune With Revenues

Questerre Energy Corporation ( TSE:QEC ) shareholders would be excited to see that the share price has had a great...
Analysis Article Apr 24

Some Questerre Energy Corporation (TSE:QEC) Shareholders Look For Exit As Shares Take 26% Pounding

The Questerre Energy Corporation ( TSE:QEC ) share price has softened a substantial 26% over the previous 30 days...
Analysis Article Feb 27

Questerre Energy Corporation's (TSE:QEC) 27% Jump Shows Its Popularity With Investors

Questerre Energy Corporation ( TSE:QEC ) shares have had a really impressive month, gaining 27% after a shaky period...
Analysis Article Oct 01

After Leaping 32% Questerre Energy Corporation (TSE:QEC) Shares Are Not Flying Under The Radar

Questerre Energy Corporation ( TSE:QEC ) shareholders would be excited to see that the share price has had a great...
Analysis Article Jun 26

Fewer Investors Than Expected Jumping On Questerre Energy Corporation (TSE:QEC)

It's not a stretch to say that Questerre Energy Corporation's ( TSE:QEC ) price-to-sales (or "P/S") ratio of 2.7x right...
Analysis Article Feb 14

Questerre Energy Corporation (TSE:QEC) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

The Questerre Energy Corporation ( TSE:QEC ) share price has done very well over the last month, posting an excellent...
Analysis Article Jan 13

Questerre Energy (TSE:QEC) Might Have The Makings Of A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article Aug 16

Here's Why We Think Questerre Energy (TSE:QEC) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jul 12

Questerre Energy (TSE:QEC) Is Looking To Continue Growing Its Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Apr 04

Returns Are Gaining Momentum At Questerre Energy (TSE:QEC)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Aug 14

What Questerre Energy Corporation's (TSE:QEC) 26% Share Price Gain Is Not Telling You

Despite an already strong run, Questerre Energy Corporation ( TSE:QEC ) shares have been powering on, with a gain of...
Analysis Article Mar 16

These 4 Measures Indicate That Questerre Energy (TSE:QEC) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jan 05

The Return Trends At Questerre Energy (TSE:QEC) Look Promising

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Dec 10

Is Questerre Energy (TSE:QEC) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 26

Investors Will Want Questerre Energy's (TSE:QEC) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article May 27

We Think Shareholders May Want To Consider A Review Of Questerre Energy Corporation's (TSE:QEC) CEO Compensation Package

Shareholders will probably not be too impressed with the underwhelming results at Questerre Energy Corporation...
Analysis Article Feb 09

Would Questerre Energy (TSE:QEC) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 18

Questerre Energy's (TSE:QEC) Stock Price Has Reduced 81% In The Past Three Years

It is a pleasure to report that the Questerre Energy Corporation ( TSE:QEC ) is up 55% in the last quarter. But only...

Revenue & Expenses Breakdown

How Questerre Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:QEC Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26103-97140
31 Dec 2571-79100
30 Sep 2540-1470
30 Jun 2537-970
31 Mar 2535-770
31 Dec 2434-770
30 Sep 2433-2570
30 Jun 2434-2560
31 Mar 2435-2560
31 Dec 2336-2460
30 Sep 2339260
30 Jun 2341560
31 Mar 23471360
31 Dec 22471460
30 Sep 2243450
30 Jun 2240350
31 Mar 2231-340
31 Dec 2129-430
30 Sep 2126630
30 Jun 2125330
31 Mar 2121-330
31 Dec 2021-11830
30 Sep 2023-5030
30 Jun 2027-4830
31 Mar 2031-4740
31 Dec 19316650
30 Sep 19291350
30 Jun 19271050
31 Mar 19291250
31 Dec 18311350
30 Sep 1832-1950
30 Jun 1830-2050
31 Mar 1825-2440
31 Dec 1720-2540
30 Sep 1718-330
30 Jun 1717-130
31 Mar 1717030
31 Dec 1616030
30 Sep 1617-6030
30 Jun 1619-7730
31 Mar 1621-7330
31 Dec 1521-7430
30 Sep 1523-5710
30 Jun 1522-3820

Quality Earnings: QEC is currently unprofitable.

Growing Profit Margin: QEC is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: QEC is unprofitable, and losses have increased over the past 5 years at a rate of 67% per year.

Accelerating Growth: Unable to compare QEC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: QEC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-12.9%).


Return on Equity

High ROE: QEC has a negative Return on Equity (-156.59%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 12:21
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Questerre Energy Corporation is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan FlemingATB Cormark Historical (Cormark Securities)
Anthony PetrucciCanaccord Genuity
Victor RodbergClarus Securities Inc.