NXT Energy Solutions Inc.

NXT Energy Solutions Inc.verified

NSFDF

Price:

$0.18

Market Cap:

$19.14M

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.[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

1999-04-26

Stock Exchange

PNK

Ticker

NSFDF

The ROE as of October 2024 (TTM) for NXT Energy Solutions Inc. (NSFDF) is -98.57%

According to NXT Energy Solutions Inc.’s latest financial reports and current stock price. The company's current ROE is -98.57%. This represents a change of 207.37% compared to the average of -32.07% of the last 4 quarters.

NXT Energy Solutions Inc. (NSFDF) Historical ROE (quarterly & annually)

How has NSFDF ROE performed in the past?

The mean historical ROE of NXT Energy Solutions Inc. over the last ten years is -25.29%. The current -98.57% ROE has changed 289.76% with respect to the historical average. Over the past ten years (40 quarters), NSFDF's ROE was at its highest in in the December 2015 quarter at 43.58%. The ROE was at its lowest in in the June 2024 quarter at -77.90%.

Quarterly (TTM)
Annual

Average

-25.29%

Median

-29.23%

Minimum

-63.79%

Maximum

29.59%

NXT Energy Solutions Inc. (NSFDF) ROE by Quarter and Year

Discovering the peaks and valleys of NXT Energy Solutions Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 220.54%

Maximum Annual ROE = 29.59%

Minimum Annual Increase = -301.53%

Minimum Annual ROE = -63.79%

Quarterly (TTM)
Annual
YearROEChange
2023-63.79%13.98%
2022-55.96%220.54%
2021-17.46%-38.73%
2020-28.49%-301.53%
201914.14%-153.06%
2018-26.65%-35.90%
2017-41.57%27.06%
2016-32.72%-210.58%
201529.59%-198.73%
2014-29.97%-89.81%

NXT Energy Solutions Inc. (NSFDF) Average ROE

How has NSFDF ROE performed in the past?

The current ROE of NXT Energy Solutions Inc. (NSFDF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-45.74%

5-year avg

-30.31%

10-year avg

-25.29%

NXT Energy Solutions Inc. (NSFDF) ROE vs. Peers

How is NSFDF’s ROE compared to its peers?

NXT Energy Solutions Inc.’s ROE is greater than Dawson Geophysical Company (-17.27%), greater than Bri-Chem Corp. (-8.58%), less than NCS Multistage Holdings, Inc. (52.63%), less than Bristow Group Inc. (0.33%), less than Natural Gas Services Group, Inc. (5.53%),

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