Advertisement
Advertisement
U.S. markets closed
Advertisement
Advertisement
Advertisement
Advertisement

Profire Energy, Inc. (PFIE)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
Add to watchlist
1.0500+0.0733 (+7.50%)
At close: 04:00PM EST
1.0700 +0.02 (+1.90%)
After hours: 04:07PM EST
Advertisement
Sign in to post a message.
  • D
    David
    So.... time to sell?
  • T
    THE P
    Excellent Information and Insight from Conference Call about all aspects that are affecting the Company... PF seems to have turned the Corner and now headed in positive direction for 4th Q and 2022+. Did not address the status of Buyback Plan in call, but confident PF Mgt will do the best thing for Shareholders...

    If unable to access the Conf Call via SeekingAlpha below, can find in on PF Website as well...

    https://seekingalpha.com/article/4466349-profire-energys-pfie-management-on-q3-2021-results-earnings-call-transcript
    Profire Energy, Inc. (NASDAQ:PFIE) Q3 2021 Earnings Conference Call November 4, 2021 1:00 PM ET Company Participants Steven Hooser – Investor Relations Advisor Ryan Oviatt – Co-Chief...
    Profire Energy, Inc. (NASDAQ:PFIE) Q3 2021 Earnings Conference Call November 4, 2021 1:00 PM ET Company Participants Steven Hooser – Investor Relations Advisor Ryan Oviatt – Co-Chief...
    seekingalpha.com
  • D
    David
    Why dropping?
    Neutral
  • T
    THE P
    Next week should give a True Picture of what Direction ProFire is headed as well as the Share Price... 3rd Quarter Report is released Wednesday; Preliminary EPS was -.01 and $5.6 Million Income. If PF beat on both, then Share Price could respond upwards and Company is now in Positive Earnings Income...

    Conference Call is Thursday and the information plus questions asked by the Analysts always gives a good idea of what is really going on with PF. The Status of the Stock Buy-Back plan should be updated and addressed as well. 2022 Governance and Future Planning should be provided also..

    Present Administration continues to put pressure on the Oil/Gas Industries with Regulations (like the proposed Methane Fees). But Lobbyists and Experts continue to advise Politicians to Slow Down with trying to turn off the Fossil Fuel faucet overnight which would result in $200 Oil and $50 NG creating an worldwide Economic collapse. China and Asia still use Coal as their primary power production to fuel their growing economies, importing most of it and suffering from US Government restricting supply from the US. Politicians are expecting to back-off some and go to a more gradual implementation over many years. Interesting note on the proposed Methane fee for Leakage was when the Flaring Flame went out, the Methane of course was released unabated and Regulators wanted that addressed because CO2 is the lesser of the two evils. So Hello PF Burner Management on every application..! But last I heard, Government was backing off of the Fee...we will see.

    Still hanging in there with this one, it is a definite test of patience... But I'm not getting any younger so Hurry UP..!
    Bullish
  • A
    Adam
    Surely the new methane agreement is good news for this company
  • A
    Anonymous
    Rule 10b-18 on corporate stock buy backs.

    The 1934 rule was strictly enforced by the NYSE and their financial community membership. Adherence these days is probably questionable. 4 of the relevant rules. No trade involvement on opening price. No creating up ticks. No trading 10 days before earnings release. No trading last 1/2 hour before the close of trading. If nothing else its something to ponder. GLTA
    Bullish
  • A
    Anonymous
    It is nice to know that in the best interest of its shareholders the company`s authorization to repurchase up to 2 million dollars of their stock is now in effect as of this Monday. Let the real value be known.
  • J
    Jerry
    Bullish
  • D
    D
    Next quarterly earnings will be an eye opener. Way under the radar.
  • S
    Stanislav
    PFIE ($1,2) is last one cheap oil stock, which offer tremendous upside potential:
    1.PFIE assists energy production companies in the production, and transportation of oil and natural gas. PFIE has announced a share repurchase program to repurchase up to $2M of its common stock (Sep.16.2021) - https://seekingalpha.com/news/3740464-profire-energy-announces-2m-share-repurchase-program
    2. Ryan Oviatt, the Company’s Co-CEO PFIE: »We believe that the current share price is not an accurate reflection of our Company and its value. This announcement further reflects our confidence in the Company's business operations and outlook, as well as our commitment to generating long-term value for our shareholders."
    3. PFIE has no debt outstanding and a strong balance sheet (https://seekingalpha.com/symbol/PFIE/balance-sheet#figure_type=quarterly)
    4. The energy bull market is only just beginning. https://seekingalpha.com/article/4428789-staying-focused-an-incredibly-long-energy-journey-ahead
    5.Major Holders (https://finance.yahoo.com/quote/PFIE/holders?p=PFIE)
    32.15% % of Shares Held by All Insider
  • A
    Anonymous
    Today`s opening of 1.239 created a gap from Fridays close of 1.19 which has now been closed with a trade at 1.18 with good volume. Technically very positive. Onward and upward.
    Bullish
  • A
    Anonymous
    P--3 potentially positive things to look forward to. First, in 7 more business days PFIE will commence the ability to buy back their shares with a 2 million dollar pocket book. Second, on 10/21 presentation at Dawson James small cap conference. Third, earnings and company review in the 1st half of November. I am hoping and expecting them all to be positive,
    Bullish
  • A
    Anonymous
    P--A guess-estimate regarding the daily range expansion and increased volume (plus 450 thousand Tuesday) is that the highest price PFIE wold be willing to pay during the share repurchase period has been leaked.
    Bullish
  • S
    Stanislav
    U.S. drilling rig count rises again, Baker Hughes reports (https://bakerhughesrigcount.gcs-web.com/rig-count-overview)
    This is great news for PFIE.Rig count and completed wells are critical to PFIE business!
  • J
    J
    a. Beginning of 4th Quarter;
    b. Announced shares buyback starting Oct. 15th, if the company wants to;
    c. $80. bpd oil

    GL Longs!
  • S
    Stanislav
    The U.S. Shale Industry Desperately Needs To Drill (https://oilprice.com/Energy/Energy-General/The-US-Shale-Industry-Desperately-Needs-To-Drill.html)
    Great news for PFIE. Drilling is critical to PFIE business!
  • A
    Anonymous
    $1.24 is the high trading price in OCT. 3 times and has become the resistance level. It has not traded above that price since May of this year. Onward.
    Bullish
  • D
    D
    No volume. No one with a significant holding is selling anything. Just small flippers with no clue at the moment. 60k shares...may as well be zero.
  • J
    Jerry
Advertisement
Advertisement