Questerre Energy Corporation reported financial results for Q3, 2025, including the acquisition of PX Energy, adding over 4,000 boe per day of oil shale production. A joint venture with Nimofast subsidiary is planned. Legal proceedings in Quebec are ongoing. Production increased to 2,926 boe/d, with net cash flow of $1.3 million.

Revenue increased due to higher production but offset by lower prices, resulting in a net loss of $5.3 million for Q3. Capital expenditures were $2.2 million. Questerre is focused on energy innovation and sustainability, aiming to balance economics, environment, and society. Adjusted funds flow from operations totaled $2.8 million for the quarter.

Questerre emphasized the importance of forward-looking statements and transparency in decision-making. Liquids production reached 1,512 bbls/d, and natural gas production was 8,485 Mcf/d in Q3 2025. The company warns against misleading boe conversion ratios and promotes adjusted funds flow from operations as a key performance measure.

Adjusted funds flow from operations for Q3 was $2.8 million, reflecting the company’s ability to generate cash to fund operations. Net cash from operating activities was $1.3 million, with total adjusted funds flow from operations reaching $11.4 million for the first nine months of 2025. Questerre is committed to a sustainable energy future.

Read more at GlobeNewswire: Questerre reports third quarter 2025 results