Questerre Energy (TSE:QEC) Issues Quarterly Earnings Results

Questerre Energy (TSE:QEC) released its earnings results on Friday. The company reported C($0.04) EPS for the quarter, RTT News reports. Questerre Energy had a negative return on equity of 93.98% and a negative net margin of 88.15%.

Questerre Energy Stock Down 12.1%

TSE:QEC opened at C$0.29 on Friday. The company has a debt-to-equity ratio of 191.23, a quick ratio of 2.62 and a current ratio of 0.51. The firm has a market cap of C$148.54 million, a P/E ratio of -1.61 and a beta of -0.65. Questerre Energy has a fifty-two week low of C$0.21 and a fifty-two week high of C$0.45. The firm has a 50-day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.29.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.