Welcome to our dedicated page for Nxt Energy news (Ticker: NSFDF), a resource for investors and traders seeking the latest updates and insights on Nxt Energy stock.
NXT Energy Solutions Inc. (NSFDF) is a leader in airborne geophysical survey technology, specializing in proprietary SFD® systems that transform hydrocarbon and geothermal exploration. This page serves as the definitive source for company developments, offering investors and industry professionals timely updates on strategic initiatives and technological breakthroughs.
Access comprehensive coverage of NSFDF's operational milestones, including SFD® survey deployments, partnership announcements, and financial performance. Our curated news feed delivers essential insights into how the company's quantum sensor technology reduces exploration risks while optimizing land assessment strategies across diverse geological regions.
Key updates include advancements in gravitational detection methodologies, global project expansions, and analyses of the SFD® system's role in modern energy exploration. All content is rigorously verified to ensure alignment with regulatory standards and investor information needs.
Bookmark this resource for direct access to NSFDF's latest press releases and expert analyses. Regularly updated content provides stakeholders with the critical data required to monitor this innovator's progress in reshaping subsurface exploration efficiency.
NXT Energy Solutions Inc. will release its Q1 2022 financial results on May 12, 2022, after market close. A conference call is scheduled for May 16, 2022, at 4:30 p.m. Eastern Time to discuss these results. The financial details will be publicly available on SEDAR and EDGAR, as well as on NXT's website. NXT utilizes its proprietary SFD® survey system to efficiently identify hydrocarbon and geothermal exploration sites, offering a reliable solution that minimizes risks and costs for clients.
NXT Energy Solutions Inc. (NSFDF) reported its financial results for the year ending December 31, 2021. The company generated $3.13 million in SFD® related revenue, a significant increase from $136,566 in 2020. Despite this growth, NXT faced a net loss of $3.12 million for the year, including substantial amortization and stock-based compensation expenses. Cash and short-term investments totaled $2.81 million as of year-end. Notably, NXT's patent application in India was granted, and it holds patents in 46 countries now. CEO George Liszicasz expressed confidence in future opportunities with National Oil Companies.
NXT Energy Solutions Inc. (NSFDF) announced it will release its 2021 financial and operating results after market close on March 31, 2022. A conference call to discuss these results is scheduled for April 4, 2022, at 4:30 p.m. ET. The report will be filed on SEDAR and available on the USA EDGAR system. NXT’s proprietary SFD® survey system enables efficient hydrocarbon and geothermal exploration, offering clients significant time and cost savings in risk assessment.
NXT Energy Solutions Inc. (TSX:SFD; OTC QB:NSFDF) will release its 2021 financial and operating results on March 29, 2022, after market close. This announcement is a result of scheduling conflicts but remains within the filing deadline of March 31, 2022. A conference call is scheduled for March 30, 2022, at 4:30 p.m. ET to discuss the results. The financial data will be available on SEDAR and EDGAR, in addition to the company’s website.
NXT Energy Solutions Inc. (OTC QB:NSFDF) will release its financial and operating results for 2021 on March 23, 2022, after market close. A conference call is scheduled for March 24, 2022, at 4:30 p.m. ET to discuss these results. The results will be accessible in Canada on SEDAR and in the USA on EDGAR, as well as on NXT's website. The company specializes in utilizing its proprietary SFD® survey system for efficient hydrocarbon and geothermal exploration.
NXT Energy Solutions Inc. announced its participation in the Sidoti December Microcap Conference on December 8, 2021, at 4:00 pm EST. CEO George Liszicasz and CFO Eugene Woychyshyn will present virtually. Attendees can access the presentation via NXT's website, beginning December 7. NXT will also hold one-on-one investor meetings throughout the conference. The company's proprietary SFD® survey system helps in identifying exploration potential, proving to be an effective and environmentally friendly method for clients.
NXT Energy Solutions Inc. (NSFDF) reported its Q3 2021 financial results, indicating a net loss of CAD 1.43 million, with no survey revenue recorded in the quarter. Cash and short-term investments totaled CAD 2.80 million, with working capital at CAD 4.03 million. Despite no revenues from surveys, the company highlighted ongoing discussions with geothermal firms and hydrocarbon opportunities in multiple regions. General and administrative expenses saw a 3% increase from Q3 2020, attributed to higher subsidies and compensation costs. The CEO expressed optimism due to rising global energy demand.
NXT Energy Solutions Inc. (NSFDF) will release its third quarter 2021 financial results on November 15, 2021, after market close. A conference call to discuss these results is scheduled for November 16, 2021, at 4:30 p.m. Eastern Time. The financial results will be available on SEDAR and EDGAR following their release. NXT specializes in utilizing its proprietary SFD® survey system for efficient hydrocarbon exploration by detecting gravity field perturbations.
NXT Energy Solutions will present at the LD Micro Main Event on October 14, 2021, at 7:30 am PDT / 10:30 am EDT. CEO George Liszicasz and CFO Eugene Woychyshyn will lead the virtual presentation, which can be accessed through NXT's website. This event takes place from October 12 to 14, 2021. NXT specializes in a proprietary SFD® survey system, utilizing advanced technology to identify exploration opportunities effectively.
NXT Energy Solutions Inc. (NSFDF) provided an update on its research and development efforts on September 16, 2021. The company is advancing the SFD-GT geothermal sensor family with advisory support from the National Research Council of Canada. It has successfully tested existing SFD sensors for geothermal applications, indicating acceleration in sensor development. NXT has also enhanced processing algorithms for better integration of SFD data into exploration cycles. Additionally, a patent in India has been granted, increasing the total to 45 countries.
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