QEM QEM is a company that is focused on the exploration and development of vanadium and oil minerals resources. | ![]() Cenovus Energy Cenovus Energy is an oil company that provides oil sands projects which use specialized methods to drill and pump oil. | Kemaman Bitumen Company Kemaman Bitumen Company (KBC) is a refinery that processes naphthenic crude oils. | ![]() Prax Upstream Prax Upstream (formerly known as Hurricane Energy) is a new generation of oil company that exists to discover, appraise, and develop oil from fractured basement reservoirs. | ||
Founding Date | Founding Date 2015 | Founding Date 2009 | Founding Date 2003 | Founding Date 2013 | Founding Date 2005 |
Type | Type Public | Type Public | Type Subsidiary | Type Public | Type Subsidiary |
Tags | |||||
Locations | Locations HQ | Locations Calgary, CA HQ Bonnyville, CA Bruderheim, CA Cold Lake, CA Cold Lake, CA Eckville, CA Edson, CA see more | Locations Shah Alam, MY HQ | Locations Singapore, SG HQ | Locations Surrey, GB HQ Aberdeen, GB |
Employees | Employees N/A | Employees 7,150 | Employees 233 | Employees 59 | Employees 35 |
Valuation ($) | Valuation ($) 10.3 m | Valuation ($) 30.9 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) $49.7b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) $319.7m (FY, 2025) | Revenue (est.) $310.8m (FY, 2022) |
Cost of goods | Cost of goods N/A | Cost of goods $28.5b (FY, 2025) | Cost of goods N/A | Cost of goods $172.2m (FY, 2025) | Cost of goods $28.4m (FY, 2022) |
Gross profit | Gross profit $244k (FY, 2025) | Gross profit $21.3b (FY, 2025) | Gross profit N/A | Gross profit $148.4m (FY, 2025) | Gross profit $283.4m (FY, 2022) |
Net income | Net income ($3.2m) (FY, 2025) | Net income $3.9b (FY, 2025) | Net income N/A | Net income ($152.7m) (FY, 2025) | Net income $108.7m (FY, 2022) |

Cenovus Energy is an oil company that provides oil sands projects which use specialized methods to drill and pump oil.
View companyKemaman Bitumen Company (KBC) is a refinery that processes naphthenic crude oils.
View companyRex International Holding is an oil exploration and production company.
View company
Prax Upstream (formerly known as Hurricane Energy) is a new generation of oil company that exists to discover, appraise, and develop oil from fractured basement reservoirs.
View company