Profire Energy up 20% on no news, we are looking around for a catalyst
PFIE is primarily a supplier of burner management systems (BMS) for the oil & gas industry. PFIE's proprietary BMS is a high-tech thermostat that monitors and manages the burner flames that are widely used in the production and transportation of oil & natural gas. Current methods to make sure burners are at the correct temp or haven't gone out are manual, inefficient, and often dangerous. PFIE's BMS electronically monitors the flames and reignites them as needed, which is a big improvement over the current manual process, and can thus can help E&P customers cut costs, improve efficiency, and reduce injuries and fatalities.
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