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Sure, here's some general information about Oil Gas Equipment Services (PFIN)
Oil Gas Equipment Services, Inc., together with its subsidiaries, provides oilfield equipment and services to the oil and natural gas industry in the United States.
The company operates through two segments, Drilling and Production. The Drilling segment offers drilling rigs, mud pumps, drawworks, and solids control equipment for drilling contractors, exploration and production companies, and oilfield equipment providers.
The Production segment provides pumps and related parts for well intervention, well completion, and well production; related pumping services; and fishing services, which include fishing tool services for removed equipment in a well bore.
The company was founded in 2011 and is headquartered in Houston, Texas.
As for their financial performance, Oil Gas Equipment Services, Inc. (PFIN) has a market capitalization of 14.49 million US Dollars as of March 1st, 2023. Their stock is listed on the OTCMKTS under the ticker symbol "PFIN".
As of their last quarterly report, the company reported revenue of $12.9 million, representing a 7.6% increase from the previous quarter. Their net loss was reported at $1.1 million, representing a 27.1% improvement from the previous quarter. The company's gross margin was 45.8%, representing a 120 basis point improvement from the previous quarter.
Oil Gas Equipment Services, Inc. (PFIN) has seen significant growth in its earnings per share (EPS), with a five-year annualized growth rate of 35%. Their EPS growth rate is expected to be 18.8% next year, indicating continued growth in the future.
Their return on equity (ROE) is -4.93%, indicating that their net income has decreased by 4.93% for every dollar of shareholder equity invested.
In terms of their balance sheet, Oil Gas Equipment Services, Inc. has a current ratio of 1.91, indicating that they have 1.91 times more current assets than current liabilities. Their debt-to-equity ratio is 0.67, which is considered relatively low, suggesting that they have been successfully limiting their debt exposure.
It's important to note that the company's financial performance is closely related to the health of the oil and gas industry, and changes in commodity prices or global demand may have a significant impact on their earnings and stock price.
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