Questerre Energy Corporation Reports Third Quarter 2026 Financial and Operating Results

Questerre Energy Corporation reported production of 4,634 boe per day for the third quarter of 2026, up from 2,926 boe per day in the same period of 2025 following the acquisition of PX Energy. Revenue reached $50.8 million for the quarter, compared to $11.8 million in 2025, while the company recorded a net loss of $27.6 million, largely due to non-cash finance expenses including a $15.7 million fair value adjustment on PX Energy bond derivatives. Management noted that the PX Energy facility experienced a temporary shutdown due to a furnace failure, which has since been resolved. The company is focusing on maintenance and corrective actions at the facility and suggested that PX Energy's debt should be restructured to align with its cash flow and investment cycle. Questerre emphasized that it has not guaranteed these bonds and will only support a restructuring if it benefits its shareh...