Questerre EnergyTSX:QEC +8.70%45 Gross Margin % is 11.33% as of Mar. 2026, which is 30% below its 10-year median of 16.14. GuruFocus rates TSX:QEC with a GF Score™ of 45/100 and a GF Value™ of C$0.51 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 869 Oil & Gas companies, Questerre Energy ranks worse than 94.48% on this metric.
The historical rank and industry rank for Questerre Energy's Gross Margin % or its related term are showing as below:
TSX:QEC'
s Gross Margin % Range Over the Past 10 Years
Min: -8.13 Med: 16.14 Max: 41.96
Current: -2.7
During the past 13 years, the highestGross Margin % of Questerre Energy was 41.96%. The lowest was -8.13%. And the median was 16.14%.
TSX:QEC's Gross Margin % is ranked worse than 94.48% of 869
companies
in the Oil & Gas industry
Industry Median: 25.7
vs TSX:QEC: -2.70
Questerre Energy had a gross margin of 11.33% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Questerre Energy was 0.00% per year.
Questerre Energy (TSX:QEC) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Questerre Energy had a gross margin of 11.33% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Questerre Energy Gross Margin % Related Terms
Questerre Energy Gross Margin % Historical Data
* Premium members only.
The historical data trend for Questerre Energy's Gross Margin % 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.
TSX:QEC vs COP, EOG, FANG: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, Questerre Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Questerre Energy Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Questerre Energy's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Questerre Energy's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Questerre Energy (TSX:QEC) has a Gross Margin % of 11.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Questerre Energy and its competitors. This is 30% below median its historical median of 16.14. According to the industry distribution chart, Questerre Energy ranks #821 out of 869 companies in the Oil & Gas industry, placing it in the top 94.5%.
Is Questerre Energy's Gross Margin % too high?
Questerre Energy's current Gross Margin % of 11.33% is 30% below median its 10-year median of 16.14. The Oil & Gas industry median Gross Margin % is 25.70. Questerre Energy's value of 11.33% is 55.9% below this industry median. Based on the distribution chart, Questerre Energy ranks #821 out of 869 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Questerre Energy has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Questerre Energy's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Questerre Energy ranks #821 out of 869 companies for Gross Margin %. This places Questerre Energy in the lower half of its industry. The industry median Gross Margin % is 25.70. Questerre Energy's value of 11.33% is 55.9% below this benchmark. While the company's 10-year median is 16.14 vs. the industry median of 25.70, Questerre Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Questerre Energy's current Gross Margin % of 11.33% is 55.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Questerre Energy and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Questerre Energy's current Gross Margin % is 11.33%, which is 30% below median its own 10-year median of 16.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Questerre Energy stock overvalued right now?
Based on GuruFocus' analysis, Questerre Energy (TSX:QEC) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.51, compared to a current price of C$0.25 — trading 51% below its estimated fair value. The current Gross Margin % is 11.33%, which is 30% below median its 10-year median of 16.14 and 55.9% below the Oil & Gas industry median of 25.70. Questerre Energy's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Questerre Energy (TSX:QEC), the current Gross Margin % is 11.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Questerre Energy (TSX:QEC) Overvalued in 2026?
Based on GuruFocus' analysis, Questerre Energy stock appears to be undervalued.
The current stock price of C$0.25 is trading 51% below its estimated GF Value™ of C$0.51.
GuruFocus considers Questerre Energy to be Possible Value Trap.
Key valuation signals for TSX:QEC:
Gross Margin %: 11.33% (30% below median its 10-year median of 16.14)
GF Value™: C$0.51 vs. price of C$0.25 (51% below fair value)
Industry Position: 55.9% below the Oil & Gas median (#821 of 869)
No single metric tells the full story. See the TSX:QEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The company operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Brazil; Western Canada; Quebec; and Corporate and others. Brazil segment consists of Integrated oil shale operations; Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the production of natural gas, crude oil and natural gas liquids. Quebec segment consists the development of natural gas discovery with a focus on securing social acceptability and regulatory approvals for a clean technology energy project.
45GF Score
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