Welcome to our dedicated page for NXT ENERGY SLTNS news (Ticker: NSFDF), a resource for investors and traders seeking the latest updates and insights on NXT ENERGY SLTNS stock.
NXT Energy Solutions Inc. reports business updates for its proprietary airborne SFD® survey system, a geophysical service used in oil and gas and geothermal exploration to infer stress anomalies and identify areas conducive to fluid entrapment. News commonly covers SFD® survey activity, customer projects across international basins, financial results, technology-rights ownership, and applications for subsurface resources.
Company updates also include capital actions such as private placements and early-warning ownership reports, governance changes including chief executive appointments, and investor-conference presentations tied to its Calgary-based technology and service model.
NXT Energy Solutions Inc. (NSFDF) reported its Q1 2022 financial results, showcasing a net loss of $1.84 million, attributed to stock-based compensation and amortization expenses totaling $0.50 million. The company had cash and short-term investments totaling $1.87 million and expects to receive significant accounts receivable payments in May 2022. Despite recording no revenue from its SFD® services, NXT highlighted ongoing business development in geothermal and hydrocarbon sectors, with positive advancements in its research and patent portfolio, now extended to 46 countries.
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.