What Changed
Price Move History
- Daily moves over 5%
- 63 252 sessions, October 21, 2025 to October 21, 2026
- Largest daily move
- +29.3% close of February 2, 2026
- 1-year change
- -66% closing prices, October 21, 2025 to October 21, 2026
- 1-month change
- -10.1% closing prices, September 21, 2026 to October 21, 2026
Company Description
QS Energy, Inc. (QSEP) develops and markets crude oil flow assurance technologies for the midstream and upstream crude oil markets. According to the company’s public statements, its core focus is improving the efficiency of crude oil transportation by enhancing pipeline operations. QS Energy is quoted on the OTCQB market under the symbol QSEP and positions itself within the crude oil transport and energy efficiency segment of the broader oil and gas industry.
At the center of QS Energy’s business is its patented Applied Oil Technology (AOT). The company describes AOT as a solid-state, turn-key system that uses a high volt / low amp electric field to reduce crude oil viscosity. AOT is designed to install inline on crude oil pipelines, operate unattended without interrupting pipeline flow, and support full remote monitoring and control. By targeting viscosity reduction, AOT is intended to improve flow assurance and support measurable performance improvements in pipeline operations.
QS Energy reports that AOT has been independently validated through peer-reviewed studies, field trials, and testing conducted in collaboration with Temple University. The company highlights a long-running relationship with Temple University as an important backbone for its technology, emphasizing ongoing research, protection of intellectual property, and co-development of future enhancements under amended agreements. This relationship is described as central to maintaining the scientific foundation and IP protection behind AOT.
The company states that its AOT platform has undergone multiple design iterations and testing cycles. Public updates describe a process of redesigning AOT internals, addressing insulation and grid design criteria, and confirming high-voltage performance in both laboratory and component-level testing. QS Energy reports that these efforts resulted in a final AOT design that it considers ready for customer field testing and, more recently, for commercial deployment at a full-pipeline level.
QS Energy positions AOT as a tool for pipeline operators, crude owners, and national energy authorities seeking to modernize crude transport infrastructure. Company disclosures explain that AOT is intended to reduce viscosity and improve flow at a scale and reliability that can translate into incremental barrels, throughput-driven cost savings, and the potential for carbon-related benefits. The company frames its commercial standard for success as delivering impact at the full pipeline level rather than through isolated, single-unit deployments.
In its public communications, QS Energy describes a shift from technology development toward commercialization. The company outlines a pipeline-by-pipeline commercial program in which specific AOT units are mapped to specific pipelines, countries, and crude owners. This process includes defining manufacturing, financing, legal, operational, maintenance, and security schedules for each deployment. QS Energy indicates that many pipelines under review may require multiple AOT units per line to achieve meaningful impact, and it therefore structures programs around full-pipeline deployments.
QS Energy also details a commercial framework built around a multi-phase, multi-year deployment model. The company has announced an initial order of AOT units that forms part of a broader framework for up to 400 units under a government-backed program with VIPS Petroleum. Under this framework, QS Energy and its partners evaluate variables such as the number and placement of units, capital cost, manufacturing and installation timelines, expected viscosity-driven energy savings, incremental barrels from higher effective throughput, and potential carbon credit value. The goal, as described by the company, is to structure long-term operating partnerships that align technology deployment with durable value creation for operators and host countries.
In addition to equipment deployment, QS Energy has outlined revenue models that include long-term lease-to-own structures, milestone-based payments, and performance-based components. Public statements reference lease and mobilization revenue, structured payment models backed by third-party financial institutions, and potential participation in incremental barrels gained through AOT-enabled flow increases. The company also describes three revenue silos in certain agreements: upfront payments, sales and lease agreements, and royalty and ancillary revenues.
QS Energy emphasizes that AOT systems are designed, engineered, and built in the United States. The company highlights relationships with U.S.-based manufacturing and component partners involved in pressure vessels, screens, urethane components, electronics, and sensors. This domestic manufacturing base is presented as part of a broader "Made in America" positioning that links AOT deployment to U.S. manufacturing activity and export-oriented energy technology.
Geographically, QS Energy’s public announcements focus on opportunities in Southeast Asia, South Asia, the Pacific, West Africa, and other regions. The company describes MOUs and agreements involving government-backed entities, national oil companies, and consortiums such as the Australia Asia India Business Organization (AAIBO). These arrangements are framed as pathways for deploying AOT units across multiple countries and pipeline networks under unified frameworks, with some agreements contemplating the deployment of significant numbers of AOT units over multi-year periods.
QS Energy also reports that it works with partners such as VIPS Petroleum, which has been granted exclusivity for certain regions under specific time frames, and that VIPS manages customer relationships and onboarding. The company’s disclosures describe a phased process that moves from letters of intent and MOUs to customer contracts, field evaluations, and broader commercial rollouts.
From a technology development perspective, QS Energy’s updates describe detailed engineering work on AOT, including component testing, redesign of internal grid packs, and validation of operating voltages in representative crude oil samples. The company states that it has addressed prior technical issues, confirmed target electric field strengths, and completed a redesign that it believes surpasses earlier iterations. These steps are presented as prerequisites to field deployment and commercial contracts.
According to its own descriptions, QS Energy operates as a developer and marketer of crude oil transport efficiency technology rather than as a crude producer. It positions itself within the energy value chain as a technology provider to pipeline operators and crude owners, with a focus on flow assurance, viscosity reduction, and transport economics. The company’s communications consistently describe its objective as enhancing crude oil transport efficiency and supporting modernization of pipeline infrastructure in collaboration with national and corporate partners.
Business Model and Revenue Approach
QS Energy’s public statements outline a business model centered on the deployment of AOT units into existing and planned crude oil pipeline infrastructure. Revenue is described as arising from equipment deployment under long-term lease arrangements, lease-to-own structures, upfront payments, and ancillary revenue streams such as royalties and transportation-related add-ons. In some agreements, the company also references participation in incremental barrels generated by improved flow.
The company emphasizes multi-year, government-backed lease agreements and milestone-based payment structures. Payments may be supported by third-party financial institutions, with the intent of aligning revenue recognition for QS Energy with deployment milestones while allowing end-users to align their payments with operational benefits. This approach is presented as a way to integrate AOT into national energy strategies and provide predictable revenue streams over extended periods.
Technology and Partnerships
AOT is described as a solid-state device that uses a high volt / low amp electric field to reduce crude oil viscosity. QS Energy reports that AOT installs inline on pipelines, operates unattended, and offers remote monitoring and control. The company has repeatedly highlighted that AOT is intended to run without interrupting pipeline flow, which is a key requirement for integration into existing infrastructure.
QS Energy’s relationship with Temple University is presented as a long-standing partnership that supports the underlying science of AOT. Amended agreements with Temple University are described as improving business flexibility while maintaining joint commitments to research, intellectual property protection, and disciplined co-development of future enhancements. The company also notes discussions with Temple University regarding legacy licensing fees and past obligations, indicating that both parties are seeking to structure these obligations for mutual economic benefit.
Beyond academic collaboration, QS Energy points to partnerships with manufacturing and engineering firms that contribute to the production and testing of AOT units. These partners provide components such as pressure vessels, screens, urethane parts, and electronics, and are cited as important contributors to the company’s ability to scale manufacturing and meet deployment timelines.
Market Focus and Geographic Reach
QS Energy’s announcements describe a focus on regions with significant crude oil pipeline infrastructure and growing energy demand. The company references Southeast Asia, South Asia, the Pacific, and West Africa as key markets where national energy authorities, state-owned enterprises, and major energy producers are evaluating or adopting AOT. Through frameworks such as the AAIBO consortium and regional distribution agreements with VIPS Petroleum, QS Energy portrays its strategy as building multi-country programs that can support large-scale deployment.
Within these markets, the company emphasizes the role of AOT in helping governments and operators increase crude throughput, reduce transport costs, and respond to regulatory and environmental pressures. It also links AOT deployment to broader themes such as modernization of aging infrastructure, energy security, and the economics of crude exports.
Company Status
QS Energy’s news releases and descriptions identify it as an OTCQB-quoted company under the symbol QSEP. The available information does not include any SEC filings indicating delisting, deregistration, bankruptcy, or completed mergers. The company’s own communications describe ongoing commercial activity, technology development, and partnerships. Based on the provided data, QS Energy is presented as an operating technology company focused on crude oil transport efficiency.
Stock Performance
QS ENERGY (QSEP) closed at $0.0847 on October 21, 2026. Over the past 12 months, the price has lost 66.0%.
QSEP Metrics & Rankings
Price returns through October 21, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
QS ENERGY has 10 recent news articles. Of the recent coverage, 8 articles coincided with positive price movement and 1 with negative movement. Key topics include partnership. View all QSEP news →
SEC Filings
QS ENERGY has filed 6 recent SEC filings, including 3 Form 10-Q, 2 Form 4, 1 Form 10-K. The most recent filing was submitted on August 28, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all QSEP SEC filings →
Financial Highlights
Diluted earnings per share stood at -$0.03. The current ratio was 0.01, measuring current assets divided by current liabilities.
Upcoming Events
Short Interest History
Short interest in QS ENERGY (QSEP) currently stands at 119.7 thousand shares, a new position with no short interest reported in the previous period, representing 0.0% of the float. Since October 2025, short interest has increased by 377.0%.
Days to Cover History
Days to cover for QS ENERGY (QSEP) currently stands at 1.0 days. The ratio is the reported short interest divided by the average daily trading volume.
QSEP Company Profile & Sector Positioning
QS ENERGY (QSEP) operates in the Oil & Gas Equipment & Services industry within the broader Energy sector and is listed on the OTC.
Investors comparing QSEP often look at related companies in the same sector, including PULSE SEISMIC INC (PLSDF), PARDEE RESOURCES CO INC (PDER), EVOLUTION POWERX CORP (ETOLF), NXT ENERGY SLTNS INC (NSFDF), and MATTR CORP (MTTRF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate QSEP's relative position within its industry.