(VIANEWS) – Shares of QUESTERRE ENERGY (Oslo Børs All-share Index_GI: QEC.OL) jumped by a staggering 23.72% in 10 sessions from 1.56 kr to 1.93 kr at 01:41 EST on Thursday, after five sequential sessions in a row of gains. Oslo Børs All-share Index_GI is rising 2.81% to 1,415.94 kr, following the last session’s downward trend.
QUESTERRE ENERGY’s last close was 1.82 kr, 28.06% below its 52-week high of 2.53 kr.
About QUESTERRE ENERGY
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. It also holds 100% working interest in 11,952 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. Questerre Energy Corporation 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 0.08 kr.
PE Ratio
QUESTERRE ENERGY has a trailing twelve months price to earnings ratio of 24.12. Meaning, the purchaser of the share is investing 24.12 kr for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.54%.
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