NXT Energy Solutions Inc. operates as a technology company in Canada and internationally. The company offers geophysical services to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. Its SFD technology also provides information on areas conducive to fluid entrapment in the sedimentary column; surveys for seismic programs; prospect leads in large, underexplored areas for pre-seismic applications; seismic prospects based on reservoir potentials for post-seismic applications; and onshore and offshore exploration. The company was formerly known as Energy Exploration Technologies Inc. and changed its name to NXT Energy Solutions Inc. in September 2008. NXT Energy Solutions Inc. was incorporated in 1994 and is headquartered in Calgary, Canada.
Research context
NXT Energy Solutions Inc appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Oil & Gas Equipment & Services
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5 years, 6 months ago
NXT Energy Solutions Inc is currently in a long term downtrend where the price is trading 13.3% below its 200 day moving average.
From a valuation standpoint, the stock is 43.9% cheaper than other stocks from the Energy sector with a price to sales ratio of 271.4.
NXT Energy Solutions Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 5.1% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 186.4% to $-927K since the same quarter in the previous year.
Based on the above factors, NXT Energy Solutions Inc gets an overall score of 2/5.