Profire Energy Inc (NASDAQ: PFIE) |
|
Price: $2.5400
$0.00
0.000%
|
Day's High:
| $2.56
| Week Perf:
| -0.39 %
|
Day's Low: |
$ 2.54 |
30 Day Perf: |
0.79 % |
Volume (M): |
167 |
52 Wk High: |
$ 2.56 |
Volume (M$): |
$ 425 |
52 Wk Avg: |
$1.94 |
Open: |
$2.55 |
52 Wk Low: |
$1.33 |
|
|
Market Capitalization (Millions $) |
124 |
Shares
Outstanding (Millions) |
49 |
Employees |
123 |
Revenues (TTM) (Millions $) |
58 |
Net Income (TTM) (Millions $) |
9 |
Cash Flow (TTM) (Millions $) |
0 |
Capital Exp. (TTM) (Millions $) |
2 |
Profire Energy Inc
Profire is an oilfield technology company, providing products that enhance
the efficiency, safety, and compliance of the oil and gas industry. We specialize
in the creation of burner-management systems used on a variety of oilfield natural-draft
fire tube vessels. We sell our products and services primarily throughout North
America. Our experienced team of industry service professionals also provides
supporting services for our products. We were originally incorporated in the
State of Nevada on May 5, 2003. Since October 2008, we have been primarily engaged
in the business of developing burner-management technologies for the oil and
gas industry.
In the oil and natural gas industry, there are numerous demands for heat generation
and control. Oilfield vessels of all kinds, including line-heaters, dehydrators,
separators, treaters, amine reboilers, and free-water knockout systems require
heat to satisfy their various functions, which is provided by a burner flame
inside the vessel. This burner flame is integral to the operation of the vessel
because these vessels use the flames heat to facilitate the proper function
of the vessel. Such functions include separating, storing, transporting and
purifying oil and gas (or even water). For example, the viscosity of oil and
moisture content (and temperature) of gas are critical to a number of oilfield
processes, and are directly affected by the heat provided by the burner flame
inside the vessel. Our burner-management systems help ignite, monitor, and manage
this burner flame, reducing the need for employee interaction with the burner,
such as for the purposes of re-ignition or temperature monitoring.
As a result, oil and gas producers can achieve increased safety, greater operational
efficiencies, and improved compliance with industry regulations. We believe,
despite the current industry down turn, there is a growing trend in the oil
and gas industry toward enhanced control, process automation, and data logging,
partly for potential regulatory-satisfaction purposes. We believe that enhanced
burner-management products and services can help our customers be compliant
with such regulatory requirements, where applicable. In addition to selling
products, we train and dispatch service technicians to service burner flame
installations in Canada and throughout the United States.
We initially developed our first burner-management system in 2005. Since 2005,
we have released several iterations of our initial burner-management system,
increasing features and capabilities, while maintaining compliance with Canadian
Standards Association (CSA) and Underwriters Laboratories (UL) ratings.
Our burner-management systems have become widely used in Western Canada, and
throughout many regions in the United States. We have sold our burner-management
systems to many large energy companies, including Anadarko, Chesapeake Energy,
ConocoPhillips, Devon Energy, Encana, Exxon-Mobil, Petro-Canada, Shell and others.
Our systems have also been sold or installed in other parts of the world, including
France, Italy, Ukraine, India, Nigeria, the Middle East, Australia, and Brazil.
While we have an interest in expanding our international distribution capabilities,
our current principal focus is on the North American oil and gas market.
Company Address: 321 South 1250 West Lindon 84042 UT
Company Phone Number: 796-5127 Stock Exchange / Ticker: NASDAQ PFIE
|
|
Customers Net Income fell by |
PFIE's Customers Net Profit Margin fell to |
-19.23 % |
12.21 %
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Merger and Acquisition
Published Tue, Oct 29 2024 11:05 AM UTC
CECO Environmental Enters Agreement to Acquire Profire Energy for $125 Million, Marking a Strategic Expansion in Combustion Management SolutionsIn a bold move that enhances its positioning within the industrial environmental solutions market, CECO Environmental Corp. (NASDAQ: CECE) has announced its intention to acquire Profire Energy Inc. (NASDAQ: PFIE) for approximately $1...
|
Shares
Published Wed, May 22 2024 9:10 PM UTC
Profire Energy Announces $2 Million Share Buyback Program Profire Energy, Inc. (NASDAQ: PFIE), a leading technology company specializing in solutions that improve the efficiency, safety, and reliability of industrial combustion appliances, has recently made a significant announcement. On May 22, 2024, the Company s Board of Directors approved a share buyback program auth...
|
Profire Energy Inc
Profire Energy Inc., a technology company that specializes in providing solutions for enhancing the efficiency, safety, and reliability of industrial combustion appliances, recently announced its financial results for the first quarter ending March 31, 2024. The report revealed that the company experienced a decline in both its top and bottom line, with earnings per share dropping by 40% and revenue decreasing by 12.345% year on year. In terms of revenue, Profire Energy Inc. generated $12.76 million in the first quarter of 2024, compared to $14.55 million in the same period the previous year. Earnings per share also declined from $0.05 to $0.03 over the same time frame. This marks a decrease of 54.54% in profit from $0.07 per share and a deterioration of 9.443% in revenue from $14.09 million. Furthermore, net earnings for the financial span ending March 31, 2024, totaled $1.434 million, which represents a decline of 44.61% compared to $2.590 million in the corresponding period a year earlier. These figures indicate a challenging financial period for Profire Energy Inc.
|
Profire Energy Inc
Profire Energy Inc, a leading player in the energy industry, has recently announced its impressive financial performance for the fourth quarter of 2023. The company witnessed a staggering 64.97% increase in earnings, reaching $0.07 per share. Furthermore, despite a moderate revenue growth of 0.83% to $14.09 million, the overall results showcase Profire Energy's ability to drive profitability and maintain a strong financial position. Compared to the previous reporting season, the earnings per share soared by an exceptional 64.97% from $0.04 per share, whereas revenue experienced a marginal decrease of -2.694% from $14.48 million. This demonstrates the company's ability to continuously improve its bottom line while navigating market challenges and fluctuations effectively.
|
Profire Energy Inc
Profire Energy Inc, a leading technology company in the stock market, has showcased impressive growth and performance during the most recent fiscal period. The company has reported a remarkable 100% increase in income per share, which now stands at $0.04 per share. Additionally, its revenue surged by 12.844% to reach $14.48 million, compared to the previous year. What's even more impressive is that Profire Energy Inc has outperformed its peers in the Miscellaneous Fabricated Products industry. While similar companies reported an average top-line improvement of 5.82%, Profire Energy Inc managed to achieve a faster growth rate. This speaks volumes about the company's strong financial position and its ability to excel in a competitive market.
|
Per Share |
Current |
Earnings (TTM) |
0.18 $ |
Revenues (TTM) |
1.19 $
|
Cash Flow (TTM) |
- |
Cash |
0.21 $
|
Book Value |
1.27 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
0.18 $
|
Revenues (TTM) |
1.19 $ |
Cash Flow (TTM) |
- |
Cash |
0.21 $
|
Book Value |
1.27 $ |
Dividend (TTM) |
0 $ |
|
|
|
Electronics |
|
36.88 % |
of total Revenue |
Manufactured |
|
25.09 % |
of total Revenue |
Re-Sell |
|
36.41 % |
of total Revenue |
Service |
|
7.25 % |
of total Revenue |
Inter-subsidiary eliminations |
|
-21.45 % |
of total Revenue |
Canada |
|
15.47 % |
of total Revenue |
Canada Inter-subsidiary eliminations |
|
21.43 % |
of total Revenue |
United States |
|
90.16 % |
of total Revenue |
United States Inter-subsidiary eliminations |
|
0.02 % |
of total Revenue |
|
On April 24 2024 the Profire Energy Inc provided following guidance
Profire Energy Inc. (NASDAQ: PFIE), a leading technology company specializing in solutions that improve the efficiency, safety, and reliability of industrial combustion appliances, has scheduled its first quarter 2024 earnings call for Thursday, May 9, 2024, at 8:30 a.m. ET. The Company will be discussing its financial results for the first quarter ended March 31, 2024, which are expected to be filed with the Securities and Exchange Commission and reported in a press release ahead of the conference call.
Investors, s, and other interested parties are encouraged to join the call to learn more about Profire Energy's performance in the first quarter of 2024 and its outlook for the future. The conference...
|
|
|