Michael Binnion - Questerre Energy President, Chief Executive Officer, Director

QEC Stock  CAD 0.24  0.01  4.00%   

CEO

Mr. Michael Rupert Binnion is President, Chief Executive Officer, Director of Questerre Energy Corporationration He is one of the founding shareholders of the Company. He was involved in the financing and executive management of numerous private and public companies over the last 16 years through his investment company, Rupert Crossing Inc. Mr. Binnion served as President and Director of Terrenex and its predecessor from October 1995 to April 2008. He was also President and Chief Executive Officer of Flowing Energy Corporationration, a junior exploration and production company, from June 1996 to December 2001, and served as Chairman of the Board from 2002 to 2004. His other former positions include President and Chief Financial Officer of CanArgo Energy Corporationrationration, from 1997 to 2000 Executive Director of Crossfield House Inc., from 1992 to 1997 minority shareholder and Manager of a private investment company, from 1992 to 1998, and Manager at Clarkson Gordon, a division of Ernst Young, specializing in taxassistant financings. Mr. Binnion has experience as Chairman of the Board of Sylogist Ltd., Director of Sylogist Ltd. and Director of Magnus Energy. Most recently, he was Independent Director of High Arctic Energy Services Trust since 2000.
Age 55
Tenure 24 years
Address 1650 AMEC Place, Calgary, AB, Canada, T2P 3W2
Phone403 777 1185
Webhttps://www.questerre.com
Binnion is a Chartered Accountant and holds a Bachelor degree in Commerce from the University of Alberta.

Questerre Energy Management Efficiency

As of the 27th of November 2024, Return On Tangible Assets is likely to drop to -0.14. In addition to that, Return On Capital Employed is likely to drop to 0. At this time, Questerre Energy's Total Assets are very stable compared to the past year. As of the 27th of November 2024, Non Current Assets Total is likely to grow to about 137.5 M, while Other Current Assets are likely to drop about 927.6 K. Questerre Energy's management efficiency ratios could be used to measure how well Questerre Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Questerre Energy has accumulated 228 K in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Questerre Energy has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Questerre Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Questerre Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Questerre Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Questerre to invest in growth at high rates of return. When we think about Questerre Energy's use of debt, we should always consider it together with cash and equity.

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Questerre Energy Corporation acquires, explores, and develops non-conventional oil and gas projects in Canada. Questerre Energy Corporation was incorporated in 1971 and is headquartered in Calgary, Canada. QUESTERRE ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 8 people. Questerre Energy (QEC) is traded on Toronto Exchange in Canada and employs 11 people. Questerre Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Questerre Energy Leadership Team

Elected by the shareholders, the Questerre Energy's board of directors comprises two types of representatives: Questerre Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Questerre. The board's role is to monitor Questerre Energy's management team and ensure that shareholders' interests are well served. Questerre Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Questerre Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jason DSilva, Chief Financial Officer
Peter Coldham, Vice President - Engineering and Operations
Hans Holden, Independent Director
Rick Tityk, Vice President - Land
Michael Binnion, President, Chief Executive Officer, Director
Bjorn Tonnessen, Independent Chairman of the Board
John Brodylo, Vice President - Exploration
Dennis Sykora, Independent Director
P MBA, Vice Operations
Mireille Fontaine, Director
Michael CA, CEO President

Questerre Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Questerre Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Other Information on Investing in Questerre Stock

Questerre Energy financial ratios help investors to determine whether Questerre Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Questerre with respect to the benefits of owning Questerre Energy security.