Questerre Energy (TSE:QEC) Issues Quarterly Earnings Results

Questerre Energy (TSE:QEC) announced its earnings results on Friday. The company reported C($0.04) earnings per share for the quarter, RTT News reports. Questerre Energy had a negative net margin of 102.33% and a negative return on equity of 64.56%.

Questerre Energy Stock Performance

TSE:QEC traded down C$0.04 during mid-day trading on Friday, hitting C$0.29. 839,406 shares of the company’s stock traded hands, compared to its average volume of 86,317. The firm has a 50 day moving average of C$0.30 and a two-hundred day moving average of C$0.29. Questerre Energy has a 12 month low of C$0.21 and a 12 month high of C$0.45. The firm has a market capitalization of C$148.54 million, a price-to-earnings ratio of -1.61 and a beta of -0.65. The company has a current ratio of 0.50, a quick ratio of 2.62 and a debt-to-equity ratio of 133.35.

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.