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PFIE $2.52

PFIE target price
2.52
0
0
Profire Energy
Type
Public
Traded as NASDAQ: PFIE
Industry Oil and Gas industry
Founders Brenton Hatch, Harold Albert
Headquarters Lindon, Utah
Area served
Worldwide
Key people
Brenton W. Hatch (CEO)
Harold E. Albert (COO)
Ryan Oviatt (CFO)
Revenue Increase US$ 51.2M (2015)
Net income
Increase US$ 5.7M (2015)
Total assets Increase US$ 46.9M (2015)
Total equity Increase US$ 44.5M (2015)
Number of employees
111 (2015)
Website www.profireenergy.com

Profire Energy is an oilfield technology company, specializing in the design of burner-management systems (BMS) and other combustion-management technologies. They serve the upstream and midstream portions of the oil/gas industry, providing systems that monitor and manage the burners used in the industry's combustion vessels (e.g. tanks, dehydrators, separators, etc.). In 2012, they were recognized as one of the fastest-growing companies in the world by International Business Times, and then recognized in 2013 as one of the fastest-growing companies in North America by Deloitte. They have offices in Lindon, Utah; Edmonton, Alberta; Oklahoma City, Oklahoma; Houston, Texas; Victoria, Texas; and Tioga, Pennsylvania.

Profire Energy was established in Alberta, Canada in March 2002 as a private company ("Profire Combustion"). Brenton W. Hatch (now CEO), Harold E. Albert (now COO) co-founded the company to service oil/gas producers, but soon created a control panel for the management of burners, a system called the Profire 1100. After a few years of continued development, the company made the decision to go public (in 2008) under the name Profire Energy, Inc. (OTCBB: PFIE). They have since developed additional (and more advanced) products, opened multiple offices throughout the US, and continued development of their product line for domestic and international use.

Profire Energy predominately serves the North American upstream and midstream oil/gas industry, but announced a Brazilian distribution channel in early 2012, as well as an Australian distribution channel in early 2014.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2020 2022-11-01 Future report Set alerts
Q2 2020 2022-08-04 0.01 0.01
Q1 2020 2022-05-03 0.01 0.01
Q4 2019 2022-03-08 0.00 0.00
Q3 2019 2021-11-03 0.00 0.00
Q2 2019 2021-08-05 -0.01 -0.01
Q1 2019 2021-05-05 -0.01 -0.01
Q4 2018 2021-03-10 0.00 0.00
Q3 2018 2018-11-07 0.03 0.00

Ratings

2016-01-27 Downgrade Chardan Capital Buy to Neutral
2015-12-01 Initiated Coverage Roth Capital Buy $1.75
2015-09-20 Reiterated Rating Chardan Capital Buy
2015-06-24 Lower Price Target Barrington Research Outperform $2.00
2015-06-16 Lower Price Target Chardan Capital Buy $3.77 to $1.80
2015-06-16 Downgrade Maxim Group Buy to Hold
2015-04-27 Initiated Coverage Barrington Research Outperform $2.50
2015-01-21 Lower Price Target Chardan Capital Buy $6.20 to $3.77
2014-12-16 Lower Price Target Maxim Group Buy $6.00 to $5.00
2014-10-17 Initiated Coverage Lake Street Capital Buy
2014-08-18 Reiterated Rating Maxim Group Buy $6.00
2014-08-14 Reiterated Rating Chardan Capital Positive
2014-04-01 Initiated Coverage Maxim Group Buy $6.00
2014-03-11 Initiated Coverage Sidoti Buy
2013-12-03 Initiated Coverage Chardan Capital Buy $5.00
2016-01-27 Downgrade Chardan Capital Buy to Neutral
2015-12-01 Initiated Coverage Roth Capital Buy $1.75
2015-09-20 Reiterated Rating Chardan Capital Buy
2015-06-24 Lower Price Target Barrington Research Outperform $2.00
2015-06-16 Lower Price Target Chardan Capital Buy $3.77 to $1.80

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Hatch Brenton W Chief Executive Officer 23.92%  (12569953) PFIE /
Albert Harold Chief Operating Officer 21.11%  (11092425) PFIE /
Carroll Mike 7.81%  (4105000) PFIE /
Limpert Andrew Interim CEO & CFO 5.75%  (3021937) PFIE /
Oviatt Ryan W Chief Financial Officer 0.09%  (49902) PFIE /