Questerre Energy Corporation

BATS-CHIXE:QECO Stock Report

Market Cap: NOK 851.5m

Questerre Energy Past Earnings Performance

Past criteria checks 1/6

Questerre Energy has been growing earnings at an average annual rate of 0.4%, while the Oil and Gas industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 6.1% per year. Questerre Energy's return on equity is 2.5%, and it has net margins of 9.5%.

Key information

0.4%

Earnings growth rate

2.6%

EPS growth rate

Oil and Gas Industry Growth21.8%
Revenue growth rate6.1%
Return on equity2.5%
Net Margin9.5%
Next Earnings Update23 Mar 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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


Earnings and Revenue History

BATS-CHIXE:QECO Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
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

Quality Earnings: QECO has a large one-off loss of CA$103.8M impacting its last 12 months of financial results to 30th September, 2022.

Growing Profit Margin: QECO's current net profit margins (9.5%) are lower than last year (21.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: QECO has become profitable over the past 5 years, growing earnings by 0.4% per year.

Accelerating Growth: QECO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: QECO had negative earnings growth (-28%) over the past year, making it difficult to compare to the Oil and Gas industry average (-13.5%).


Return on Equity

High ROE: QECO's Return on Equity (2.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/03/06 09:41
End of Day Share Price 2022/12/07 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Questerre Energy Corporation is covered by 17 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trond OmdalArctic Securities ASA
Magnus SmistadBeringer Finance AB
Anthony PetrucciCanaccord Genuity