| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
QEC Stock Overview
Questerre Energy Corporation acquires, explores, and develops non-conventional oil and gas projects in Canada.
Questerre Energy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.23 |
| 52 Week High | CA$0.44 |
| 52 Week Low | CA$0.13 |
| Beta | 2.17 |
| 1 Month Change | 18.42% |
| 3 Month Change | -21.05% |
| 1 Year Change | 21.62% |
| 3 Year Change | -4.26% |
| 5 Year Change | -69.18% |
| Change since IPO | -80.44% |
Recent News & Updates
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...
Shareholder Returns
| QEC | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -15.1% | -0.1% | -1.2% |
| 1Y | 21.6% | 34.3% | -4.5% |
Return vs Industry: QEC underperformed the Canadian Oil and Gas industry which returned 33.7% over the past year.
Return vs Market: QEC exceeded the Canadian Market which returned -5% over the past year.
Price Volatility
| QEC volatility | |
|---|---|
| QEC Average Weekly Movement | 14.0% |
| Oil and Gas Industry Average Movement | 10.6% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 17.5% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: QEC is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: QEC's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | n/a | Michael Binnion | https://www.questerre.com |
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 40,800 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.
Questerre Energy Fundamentals Summary
| QEC fundamental statistics | |
|---|---|
| Market Cap | CA$96.42m |
| Earnings (TTM) | -CA$2.79m |
| Revenue (TTM) | CA$30.87m |
3.1x
P/S Ratio-34.6x
P/E RatioIs QEC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QEC income statement (TTM) | |
|---|---|
| Revenue | CA$30.87m |
| Cost of Revenue | CA$11.88m |
| Gross Profit | CA$18.99m |
| Other Expenses | CA$21.78m |
| Earnings | -CA$2.79m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 10, 2022
| Earnings per share (EPS) | -0.0065 |
| Gross Margin | 61.52% |
| Net Profit Margin | -9.03% |
| Debt/Equity Ratio | 0.5% |
How did QEC perform over the long term?
See historical performance and comparisonValuation
Is QEC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for QEC?
Other financial metrics that can be useful for relative valuation.
| What is QEC's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$96.42m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.9x |
| Enterprise Value/EBITDA | 0.7x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does QEC's PS Ratio compare to its peers?
| QEC PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 8.6x | ||
TCF Trillion Energy International | 17.5x | n/a | CA$84.9m |
FORZ Forza Petroleum | 0.6x | n/a | CA$99.4m |
TPL Tethys Petroleum | 2.4x | n/a | CA$85.9m |
RBY Rubellite Energy | 13.8x | 82.7% | CA$183.3m |
QEC Questerre Energy | 3.1x | n/a | CA$96.4m |
Price-To-Sales vs Peers: QEC is good value based on its Price-To-Sales Ratio (3.1x) compared to the peer average (8.6x).
Price to Earnings Ratio vs Industry
How does QEC's PE Ratio compare vs other companies in the CA Oil and Gas Industry?
Price-To-Sales vs Industry: QEC is expensive based on its Price-To-Sales Ratio (3.1x) compared to the Canadian Oil and Gas industry average (2.6x)
Price to Sales Ratio vs Fair Ratio
What is QEC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 3.1x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate QEC's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of QEC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: QEC (CA$0.23) is trading above our estimate of fair value (CA$0.07)
Significantly Below Fair Value: QEC is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QEC's PEG Ratio to determine if it is good value.
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Future Growth
How is Questerre Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
3.7%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Questerre Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine Questerre Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Questerre Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Questerre Energy performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-11.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QEC is currently unprofitable.
Growing Profit Margin: QEC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: QEC is unprofitable, and losses have increased over the past 5 years at a rate of 11.6% 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 (171.2%).
Return on Equity
High ROE: QEC has a negative Return on Equity (-1.83%), as it is currently unprofitable.
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Financial Health
How is Questerre Energy's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: QEC's short term assets (CA$13.4M) exceed its short term liabilities (CA$12.2M).
Long Term Liabilities: QEC's short term assets (CA$13.4M) do not cover its long term liabilities (CA$22.1M).
Debt to Equity History and Analysis
Debt Level: QEC has more cash than its total debt.
Reducing Debt: QEC's debt to equity ratio has reduced from 10.7% to 0.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable QEC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QEC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.8% per year.
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Dividend
What is Questerre Energy current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QEC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QEC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as QEC has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
18.0yrs
Average management tenure
CEO
Michael Binnion (61 yo)
21.67yrs
Tenure
CA$557,639
Compensation
Mr. Michael Rupert Binnion, C.A., founded Questerre Energy Corp., and has been its Chief Executive Officer and President since November 2000. Mr. Binnion served as an Interim Chief Executive Officer & Inte...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD432.74K) is above average for companies of similar size in the Canadian market ($USD191.19K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: QEC's management team is seasoned and experienced (18 years average tenure).
Board Members
Experienced Board: QEC's board of directors are considered experienced (9.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Questerre Energy Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Questerre Energy Corporation
- Ticker: QEC
- Exchange: TSX
- Founded: 1971
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: CA$96.416m
- Shares outstanding: 428.52m
- Website: https://www.questerre.com
Number of Employees
Location
- Questerre Energy Corporation
- 801 - Sixth Avenue S.W.
- Suite 1650
- Calgary
- Alberta
- T2P 3W2
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/04 00:00 |
| End of Day Share Price | 2022/07/04 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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 here.