Petroteq is a clean technology company focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits. The versatile technology can be applied to both water-wet deposits and oil-wet deposits - outputting high-quality oil and clean sand.
Company profile
Ticker
PQEFF, PQE.H
Exchange
Website
CEO
David Owen Sealock
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MCW Energy Group Ltd, MCW Enterprises Ltd.
SEC CIK
Corporate docs
Subsidiaries
Petroteq Energy • Petroteq Oil Sands Recovery, LLC • TMC Capital, LLC • Petrobloq, LLC ...
PQEFF stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
19 May 23
6-K
Petroteq Announces CEO, Director Resignation and Appointment of Interim CEO
10 May 23
6-K
Notice of Change of Auditor
3 May 23
6-K
Current report (foreign)
6 Jan 23
6-K
Petroteq Announces Update on Application for Management Cease Trade Order
28 Dec 22
6-K
Petroteq Announces Delay In Filing Its Financial Statements and Corresponding Application for a Management Cease Trade Order
19 Dec 22
6-K
Petroteq Energy Inc. Announces Partial Exchange Acceptance
19 Dec 22
6-K
Petroteq Closes Non-brokered Private Placement
14 Nov 22
6-K
Current report (foreign)
4 Nov 22
6-K
Petroteq Energy * Announces a Brokered Financing of $18 Million CAD
3 Nov 22
Latest ownership filings
Financial summary
Quarter (USD) | Nov 21 | Aug 21 | May 21 | Feb 21 | |
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Diluted EPS |
Annual (USD) | Aug 21 | Aug 20 | Aug 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 68.66 k | 68.66 k | 68.66 k | 68.66 k | 68.66 k | 68.66 k |
Cash burn (monthly) | 314.76 k | 2.49 k | 848.42 k | 967.41 k | 596.68 k | 559.41 k |
Cash used (since last report) | 9.01 mm | 71.19 k | 24.28 mm | 27.69 mm | 17.08 mm | 16.01 mm |
Cash remaining | -8.94 mm | -2.53 k | -24.21 mm | -27.62 mm | -17.01 mm | -15.94 mm |
Runway (months of cash) | -28.4 | -1.0 | -28.5 | -28.6 | -28.5 | -28.5 |
Institutional ownership, Q4 2021
3.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 5.46 mm |
Total shares | 30.35 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Bellridge Capital | 30.34 mm | $5.46 mm |
Palladium Partners | 15.00 k | $3.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Jan 23 | Cantone Anthony J | Common Stock | Buy | Acquire P | No | No | 0.01 | 300,000 | 3.00 k | 140,697,314 |