Profire EnergyPFIE
About: Profire Energy Inc is an oilfield technology company operating in the United States. It is engaged in the business of developing combustion management technologies for the oil and gas industry. The company specializes in the creation of burner-management systems, used on a variety of oilfield natural-draft fire tube vessels. In addition to the burner-management systems, the company also sell complementary oilfield products to its customer. Geographically, the company divides its business into two business unit namely the United States and Canada and majority of its revenue comes from the United States.
Employees: 123
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more funds holding
Funds holding: 56 [Q1] → 56 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
1.38% less ownership
Funds ownership: 43.57% [Q1] → 42.19% (-1.38%) [Q2]
26% less capital invested
Capital invested by funds: $37.9M [Q1] → $28.1M (-$9.76M) [Q2]
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
Research analyst outlook
We haven’t received any recent analyst ratings for PFIE.