Metals & Mining
Base and precious metals, battery materials and the miners that produce them. Reserves, grades, cost curves and commodity price exposure.
Est. 2007 · Kingston, Ontario
Bridging technical expertise and resource investing.
The Queen's Energy & Commodities Association is a student-run organization and investment fund. Engineering and commerce students research the energy and commodities sectors, build equity analysis, and pitch real investment decisions on a $10,000 fund.
$10,000Investment fund
4Research desks
MonthlyStock pitches
2007Founded at Queen's
About
Understanding resource industries, then investing in them.
QECA was founded in 2007 to bring engineering and commerce students together to understand resource industries in Canada and abroad, and to turn that understanding into investment analysis.
Energy and mining companies are shaped by geology, engineering, operating costs, regulation and global prices all at once. Evaluating them well takes more than one discipline. We look at emerging technologies, market trends and the global state of energy affairs to identify which companies are positioned to benefit from the upside.
Learn the markets
Members learn the energy and commodities sectors by managing a real fund: industry research, equity analysis, and defending their calls in front of the club.
Meet the industry
Fireside chats, seminars, a speaker series and an industry night connect members with the people who operate, finance and invest in these businesses.
After a quiet stretch, QECA has been rebuilt for 2026–27 and is relaunching with a new team.
Research desks
Four desks. Monthly research and pitches.
Analysts join one of four desks. Every month each desk produces industry research and equity analysis, then pitches an investment decision to the fund.
Oil & Gas
Upstream producers, midstream infrastructure and integrated majors. Production profiles, netbacks, takeaway capacity and capital discipline.
Renewables
Wind, solar, hydro, storage, and the utilities and developers building them. Project economics, interconnection and policy.
Nuclear
Uranium supply, the fuel cycle, reactor developers and operators. Contracting, licensing and the long timelines of nuclear projects.
The fund
$10,000, managed by students.
The fund is student-run, evidence-first and grounded in the technical realities of the assets we cover. Every position starts as a desk pitch.
- Research. A desk studies its sector: supply and demand, pricing, regulation, and the companies that matter.
- Analysis. Analysts pick a company and build the case, from the quality of its assets to its valuation.
- Pitch. The desk presents its recommendation at the monthly pitch meeting.
- Decision. Members question the thesis and decide whether the fund acts on it.
QECA is an educational student organization. Nothing on this site is investment advice.
Alumni
Where QECA alumni have gone
Past members have been placed at firms across finance and energy, including:
- CIBC Capital Markets
- TD Securities
- Canadian Natural
- Cenovus
- Tesla
Events
2026–27 calendar
Flagship
Inside Resource Investing
A fireside chat with industry professionals on how capital is actually allocated across energy and mining.
Monthly
Desk pitches
Each research desk presents its analysis and investment recommendation to the fund.
Upcoming
Speaker series & industry night
Talks and a networking night connecting members with companies across the sector.
Wed Nov 4 · 6–7 PM · Law 001
Info Night
Our first event of the relaunch: meet the club and ask anything. Law Building, Room 001, 128 Union St.
Leadership
2026–27 co-chairs
The relaunch is led by two fifth-year Mechanical Engineering students who have both worked in the industry.
Daniel Chen
Co-Chair · Mechanical Engineering
16 months at Canadian Natural Resources as a relief operator and exploitation student engineer.
Mason Villa
Co-Chair · Mechanical Engineering
12 months at Husky Midstream as a major projects engineer.
Join QECA
Applications for 2026–27 are open.
If you're a Queen's student who wants to learn how energy and mining companies are actually evaluated, from the rocks up, we'd like to hear from you. All programs and disciplines are welcome.
Analyst
Join a desk, research a sector and help build the monthly pitch.
Senior Analyst
Lead analysis on a desk and guide newer analysts through their first pitches.
Creative Coordinator
Run QECA's design and social media: event posters, posts and pitch materials.