Questerre Energy: third-quarter revenue rises to $50.8M, net loss widens
Questerre Energy's third-quarter revenue rose to $50.8M, but its net loss widened to $27.6M amid non-cash finance expenses and shutdown costs, TradingView reports.
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what happened
Questerre Energy Corporation (QEC) reported third-quarter revenue of $50.8M, up from $11.8M a year earlier. Its net loss widened to $27.6M from $5.3M, according to TradingView. Most of the $24.2M in net finance expense was non-cash.
Adjusted funds flow fell to $2.3M from $2.8M. The company cited $4.8M in shutdown costs and a $5.6M reduction in contract liabilities. Production rose to 4,634 boe/d from 2,926 boe/d a year earlier, but dropped from 5,694 boe/d in the second quarter of 2026.
why it matters
The year-on-year comparison is distorted by the PX Energy acquisition at the end of the third quarter of 2025, so revenue growth reflects a larger asset base rather than organic gains. Investors will watch the planned 2027 extended HCCO test and whether PX Energy's debt can be restructured on terms the company considers shareholder-friendly.
tags
instruments
sources
- Questerre Energy Corporation (QEC) Reports $50.8M Revenue and $27.6M Net Loss in Q3 — TradingView, 13 November 2026 at 02:00 UTC
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