NXT Energy Solutions Inc trades with the ticker SFD on the TSX and is in the Oil & Gas Equipment & Services industry.
Overview
NXT Energy Solutions Inc., a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used onshore and offshore to remotely identify traps and reservoirs with hydrocarbon and geothermal exploration potential. 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.
Looking to invest in NXT Energy Solutions Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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SFD.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $15.592MM
PE Ratio:
Price: 0.21 (Updated: 3/12/2024 0:47:16)
NXT Energy Solutions Inc (SFD) vs Competitors in Oil & Gas Equipment & Services
Lets see how SFD.TO stacks up against others in the Oil & Gas Equipment & Services asset management industry. We have identified its main peers as:CES Energy Solutions Corp, Calfrac Well Services Ltd, Enerflex Ltd, Essential Energy Services Ltd, High Arctic Energy Services Inc
.Oil & Gas Equipment & Services Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| CES Energy Solutions Corp (CEU) | $1,104.131 | 8.464 | 5.128 | 2.5% |
| Calfrac Well Services Ltd (CFW) | $389.09 | 2.33 | 1.994 | N/A% |
| Enerflex Ltd (EFX) | $1,044.958 | N/A | 6.205 | 1.2% |
| Essential Energy Services Ltd (ESN) | $50.2 | 40.0 | 5.225 | 0.0% |
| High Arctic Energy Services Inc (HWO) | $52.561 | N/A | -0.744 | 5.6% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas Equipment & Services
- NXT Energy Solutions Inc (SFD) vs CES Energy Solutions Corp (CEU)
- CEU has higher EPS (0.56 vs -0.09). CEU provides dividends, while SFD does not. SFD has a P/E under 0, indicating CEU (P/E 8.464) is in a better position.
- NXT Energy Solutions Inc (SFD) vs Calfrac Well Services Ltd (CFW)
- CFW has higher EPS (2.06 vs -0.09). SFD has a P/E under 0, indicating CFW (P/E 2.33) is in a better position.
- NXT Energy Solutions Inc (SFD) vs Enerflex Ltd (EFX)
- SFD has higher EPS (-0.09 vs -0.9). EFX provides dividends, while SFD does not. EFX and SFD both have P/E’s under 0.
- NXT Energy Solutions Inc (SFD) vs Essential Energy Services Ltd (ESN)
- ESN has higher EPS (0.01 vs -0.09). ESN provides dividends, while SFD does not. SFD has a P/E under 0, indicating ESN (P/E 40.0) is in a better position.
- NXT Energy Solutions Inc (SFD) vs High Arctic Energy Services Inc (HWO)
- SFD has higher EPS (-0.09 vs -0.5). HWO provides dividends, while SFD does not. HWO and SFD both have P/E’s under 0.
Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-4.04) than the industry average (3.61), indicating attractive valuation.
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