Questerre Energy (TSX:QEC) Accounts Payable & Accrued Expense : C$10.03 Mil (As of Mar. 2024)

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What is Questerre Energy Accounts Payable & Accrued Expense?

Questerre Energy's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$8.73 Mil) to Dec. 2023 (C$9.39 Mil) and increased from Dec. 2023 (C$9.39 Mil) to Mar. 2024 (C$10.03 Mil).

Questerre Energy's annual accounts payable & accrued expense increased from Dec. 2021 (C$8.36 Mil) to Dec. 2022 (C$10.63 Mil) but then declined from Dec. 2022 (C$10.63 Mil) to Dec. 2023 (C$9.39 Mil).

Questerre Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Questerre Energy's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Questerre Energy Accounts Payable & Accrued Expense Chart

Questerre Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11.52

6.19

8.36

10.63

9.39

Questerre Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															11.66	11.97	8.73	9.39	10.03

Questerre Energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Questerre Energy (TSX:QEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Questerre Energy Corp (TSX:QEC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

QTEYF:USA QEC-O:Sweden QEC:Norway

Address

801 Sixth Avenue S.W, Suite 1650, Calgary, AB, CAN, T2P 3W2

Website

https://www.questerre.com

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. Quebec segment consists the development of natural gas discovery in the province with a focus on securing social acceptability and regulatory approvals for a clean technology energy project.

Executives

Hans Jacob Holden

Director

Questerre Energy (TSX:QEC) Headlines

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