NXT Energy Solutn (TSE:SFD) has released an update.
NXT Energy Solutions reported a net loss of $1.48 million for the third quarter of 2024, despite securing new contracts for SFD® surveys in Africa and Alberta. The company faced increased general and administrative expenses and a decline in net working capital, but was recognized for its technology at the 2024 Gulf Energy Information Excellence Awards.
For further insights into TSE:SFD stock, check out TipRanks’ Stock Analysis page.
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