Topic: How To Invest

Q: Pat: What are your thoughts on a small cap company called Questor Technology Inc.? Thanks.

Article Excerpt

A: Questor Technology, $0.74, symbol QST on the TSX Venture Exchange (Shares outstanding: 26.4 million; Market cap: $19.8 million;, makes waste-gas incinerators for the oil and gas industry. The company’s incinerator technology aims to help companies dispose of methane gas, hydrogen sulphide gas, volatile organic hydrocarbons, hazardous air pollutants and BTEX gases (benzene, toluene, ethylbenzene and xylene). These are released into the air during the oil and gas production process. Questor’s revenue in the nine months ended September 30, 2016, fell 20.6%, to $4.6 million from $5.8 million a year earlier. The company lost $689,131, or $0.03 a share, during that period compared to a profit of $487,647, or $0.02 a year earlier. Sales of Questor’s incinerators continue to fall due to a slowdown in North American oil production because of lower oil and gas prices. The company’s products have conceptual appeal, but Questor faces uncertainty because of changing pollution emission standards. While it is mainly focused on the crude oil and natural…

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