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PETROTEQ ENERGY INC. logo

PETROTEQ ENERGY INC.

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US$6500.0

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PETROTEQ ENERGY INC. Overview

Industry: Oil & Gas E&P

Sector: Energy

Petroteq Energy Inc., through its subsidiaries, engages in the oil sands mining and processing operations in the United States. It holds rights to mine, extract, and produce oil and associated hydrocarbons and minerals from oil sands containing heavy oil and bitumen under mineral leases covering approximately 1,671,91 acres in the Asphalt Ridge area of Utah, including 320 acres held under the TMC Mineral Lease and an additional 1,351.91 acres held under three Temple Mountain State of Utah's School and Institutional Trust Land Administration Leases. The company also operates rights under five leases covering lands consisting of approximately 5,960 acres situated in Uintah, Wayne, and Garfield Counties, Utah. In addition, it is developing a blockchain-powered supply chain management platform for the oil and gas industry. The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017. Petroteq Energy Inc. was founded in 2010 and is based in Sherman Oaks, California.

PETROTEQ ENERGY INC. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.

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PETROTEQ ENERGY INC. operates in the Oil & Gas E&P industry within the Energy sector. Unlock the full page to compare peer rankings, valuation quality, profitability, leverage, and growth trends.

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PETROTEQ ENERGY INC.

N/A

US$6500.0

N/A

N/A