NXT Energy Solutions Inc.SFD.TO

$0.45+0.05 (+12.50%)
TSXEnergy24:00 UTC

Company snapshot

Market Cap
$54M
Micro-cap
-38%
2016 — today
10-Year Price
-72%
2016 — today
52-Week Range
$0.27$0.93
Current $0.45· 27%

NXT Energy Solutions Inc. is a technology firm that provides its exclusive Stress Field Detection (SFD) technology to the global oil and gas sector. This sophisticated SFD system functions as an aerial remote sensing platform, employing highly sensitive quantum-level sensors to pinpoint subtle anomalies in gravity fields. This airborne methodology proves effective both on land and at sea, facilitating the remote identification of geological traps and reservoirs with significant potential for hydrocarbon and geothermal exploration. The company, initially established as Energy Exploration Technologies Inc., adopted its current name, NXT Energy Solutions Inc., in September 2008. Founded in 1994, the firm maintains its headquarters in Calgary, Canada.

Valuation in context

P/E ratio
-3.4
N/A
Not meaningful — company is unprofitable
P/B ratio
4.1
Near historic high
Near historic highs — last 10 years
FCF Yield
-4.0%
Above average
Above the 10-year average
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