In the Q3, Profire Energy Inc 's corporate clients experienced a reduction by -8.64 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -1.48 %. During the corresponding time, Profire Energy Inc recorded a revenue increase by 12.47 % year on year, sequentially revenue grew by 9.57 %. While revenue at the Profire Energy Inc 's corporate clients fell by -1.43 % year on year, sequentially revenue fell by -16.29 %.
Customers of Profire Energy Inc saw their costs of revenue decrease by -8.64 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -1.48 %, for the same period Profire Energy Inc recorded revenue increase by 12.47 % year on year, sequentially revenue grew by 9.57 %.
Profire Energy Inc's Comment on Sales, Marketing and Customers
The company provides burner-management systems to oil and gas companies involved in upstream, midstream, downstream, pipeline, and gathering operations. These systems aim to improve safety, operational efficiency, and regulatory compliance. Its customer base includes exploration and production companies, midstream operators, pipeline operators, and downstream transmission and utility providers. Notable customers include Antero, ATCO, Chesapeake, Chevron, CNRL, ConocoPhillips, Devon Energy, Dominion Energy, EQT, Kinder Morgan, National Grid, Ovintiv, Oxy, Range Resources, Williams, and XTO. The company's systems are primarily used in the United States and Western Canada, with installations also in South America, Europe, Africa, the Middle East, and Asia. Additionally, the company offers maintenance and installation support across the United States and Canada and is expanding into other industries where its combustion technology is applicable.
Profire Energy Inc’s Comment on Sales, Marketing and Customers
The company provides burner-management systems to oil and gas companies involved in upstream, midstream, downstream, pipeline, and gathering operations. These systems aim to improve safety, operational efficiency, and regulatory compliance. Its customer base includes exploration and production companies, midstream operators, pipeline operators, and downstream transmission and utility providers. Notable customers include Antero, ATCO, Chesapeake, Chevron, CNRL, ConocoPhillips, Devon Energy, Dominion Energy, EQT, Kinder Morgan, National Grid, Ovintiv, Oxy, Range Resources, Williams, and XTO. The company's systems are primarily used in the United States and Western Canada, with installations also in South America, Europe, Africa, the Middle East, and Asia. Additionally, the company offers maintenance and installation support across the United States and Canada and is expanding into other industries where its combustion technology is applicable.
Sources:
Profire Energy Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Profire Energy Inc’s corporate clients.
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