NXT Energy Solutions Inc. (NSFDF)
NXT Energy Solutions Inc. operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $0.27, up 0.83% on the session, giving a market capitalisation of $31.9M. On trailing twelve-month figures it carries a trailing P/E of -5.51, a net margin of -341.8%. Its beta of 1.24 implies it has historically moved more than the broad market.
NXT Energy Solutions Inc. is a technology firm that serves the global oil and gas sector. The company's core offering is its proprietary Stress Field Detection (SFD) technology. This advanced SFD system functions as an airborne remote sensing platform, deploying quantum-scale sensors to detect subtle anomalies in gravitational fields. This unique aerial survey methodology can be utilized both on land and at sea to remotely identify promising subsurface traps and reservoirs with significant potential for hydrocarbon and geothermal energy exploration. Established in 1994, the company was initially known as Energy Exploration Technologies Inc. before rebranding as NXT Energy Solutions Inc. in September 2008. It maintains its headquarters in Calgary, Canada.
NXT Energy Solutions Inc. is most often compared with the following Energy names: