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Company type | Public |
---|---|
Nasdaq: PFIE | |
Industry | Oil and Gas industry |
Founders | Brenton Hatch Harold Albert |
Headquarters | Lindon, Utah |
Area served | Worldwide |
Key people | Cameron Tidball (Co-CEO, Co-President) Ryan Oviatt (Co-CEO, Co-President, CFO) |
Revenue | US$ 58.21M (2023) [1] |
US$ 10.78M (2023) [1] | |
Total assets | US$ 66.29M (2023) [1] |
Total equity | US$ 56.84M (2023) [1] |
Number of employees | 124 (2024) |
Website | profireenergy |
Profire Energy, Inc. 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.). Profire has offices in Lindon, Utah; Victoria, Texas; Midland-Odessa, Texas; Homer, Pennsylvania; Greeley, Colorado; Millersburg, Ohio; and Acheson, Alberta, Canada. [2]
Profire Energy was established in Alberta, Canada [3] in March 2002 as a private company ("Profire Combustion").[ citation needed ] 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.[ citation needed ]
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. [4]
Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids, and also generates renewable energy. Enbridge's pipeline system is the longest in North America and the largest oil export pipeline network in the world. Its crude oil system consists of 28,661 kilometres of pipelines. Its 38,300 kilometre natural gas pipeline system connects multiple Canadian provinces, several US states, and the Gulf of Mexico. The company was formed by Imperial Oil in 1949 as the Interprovincial Pipe Line Company Limited to transport Alberta oil to refineries. Over time, it has grown through acquisition of other existing pipeline companies and the expansion of their projects.
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National Fuel Gas Company is a diversified energy company with $6.2 billion in assets distributed among the following five operating segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. National Fuel Gas was incorporated in 1902 and is based in Williamsville, New York.
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