NXT Energy Solutions (NSFDF) stock price is $0.24, down 4.00% on the day, as of Nov 5, 2026. It has a market cap of $1.97Mn, and is classified in the Oilfield Services industry (Energy sector).
Enterprise Value
Margins
P/FCF
Key Stats
Market Cap1.97 Mn
P/E-0.34
FCF (Yr)768,304.77
ROA (Yr)-13.89
EV to EBIT0.00
Net Income (Yr)-1.66 Mn
Enterprise Value-4.24 Mn
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About
NXT Energy Solutions Inc. is a Calgary based technology company that provides a proprietary airborne SFD® survey system to oil and gas exploration clients and to geothermal exploration projects. The SFD® technology uses quantum mechanics principles to detect subsurface stress anomalies that indicate potential hydrocarbon traps or geothermal reservoirs. The company conducts surveys worldwide from its headquarters in Canada and delivers detailed reports and maps that help…
NXT Energy Solutions Inc. is a Calgary based technology company that provides a proprietary airborne SFD® survey system to oil and gas exploration clients and to geothermal exploration projects. The SFD® technology uses quantum mechanics principles to detect subsurface stress anomalies that indicate potential hydrocarbon traps or geothermal reservoirs. The company conducts surveys worldwide from its headquarters in Canada and delivers detailed reports and maps that help clients prioritize exploration prospects.
NXT Energy Solutions Inc. generates revenue primarily by conducting SFD® surveys on a fee for service basis for exploration companies. The company has not earned any revenue from geothermal rights in the last three fiscal years, with all reported income coming from hydrocarbon related surveys. In addition to survey fees NXT may pursue gross overriding royalty payments or other incentive fees if clients achieve production on areas recommended by its surveys and it may eventually offer geological and geophysical integration services for additional revenue.
NXT Energy Solutions Inc. holds a distinctive position in the exploration services industry due to its proprietary SFD® technology which is not replicated by any other competitor. The SFD® system is viewed as highly complementary to traditional seismic surveys offering a faster lower cost method to screen large acreage before committing to more expensive seismic programs. The company has secured patents or received patent allowances in forty seven jurisdictions strengthening its intellectual property protection and reinforcing its barrier to entry.
NXT Energy Solutions Inc. serves oil and gas exploration companies geothermal developers and national oil corporations across multiple regions. Specific clients referenced in the filing include AL‑Haj Enterprises Private Limited in Pakistan the strategic alliance partner Synergy in Africa an independent oil and gas exploration company in Southeast Asia an independent oil and gas exploration company in Türkiye an independent oil and gas exploration company in South Asia and Alberta Geothermal Resource Recovery Inc. for a geothermal survey in Alberta Canada.
Sector:EnergySector rationaleThe company provides specialized SFD® survey services specifically for oil, gas, and geothermal exploration clients to detect hydrocarbon traps and reservoirs. According to the sector definitions, 'Oilfield Services' and 'Oilfield Equipment' fall under the Energy sector, and the company's revenue is derived entirely from these hydrocarbon-related exploration services.Industries:Oilfield ServicesOilfield ServicesPrimaryNXT Energy Solutions provides seismic-alternative airborne SFD surveys to oil and gas exploration clients to detect subsurface stress anomalies. This activity falls under seismic acquisition and reservoir consulting services provided to operators at the wellsite and across the reservoir lifecycle.Oil and Gas RoyaltiesOil and Gas RoyaltiesSecondaryThe company's revenue model includes pursuing gross overriding royalty payments if clients achieve production on areas recommended by its surveys, which constitutes a passive interest in production revenue.Classified using BQ-MICSCIK: 0001009922