(VIANEWS) – The Market ended the session with QUESTERRE ENERGY (QEC.OL) rising 17.84% to kr2.18 on Monday while Oslo Børs Benchmark Index_GI rose 0.13% to kr1,442.35.
QUESTERRE ENERGY’s last close was kr1.85, 30.97% below its 52-week high of kr2.68.
About QUESTERRE ENERGY
Questerre Energy Corporation, an energy technology and innovation company, 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 40,320 acres located in Kakwa, Alberta, including 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,040 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South. It also has 100% working interest in 11,316 acres located in Antler, Saskatchewan; and oil shale assets in Jordan. The company was formerly known as Westpro Equipment Ltd. and changed its name to Questerre Energy Corporation in December 2000. The company was incorporated in 1971 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, QUESTERRE ENERGY has a trailing twelve months EPS of kr-0.48.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -15.94%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, QUESTERRE ENERGY’s stock is considered to be oversold (<=20).
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