Profire Energy stock (US71923A1051): Cash merger at $2.55 per share

Profire Energy, Inc. (PFIE) has undergone a cash merger, with shares delisted and shareholders receiving $2.5500 per share in cash, as announced in recent corporate action updates.

Profire Energy, Inc. shares were removed from trading following a cash merger, entitling shareholders to $2.5500 per share in cash. This corporate action marks the completion of the merger involving Revelyst, Inc., according to Robinhood as of May 2026. The transaction concludes Profire Energy's independent listing on Nasdaq.

As of: 14.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Profire Energy, Inc.
• Sector/industry: Oil & Gas Equipment & Services
• Headquarters/country: United States
• Core markets: North America
• Key revenue drivers: Burner management systems
• Home exchange/listing venue: Nasdaq (PFIE)
• Trading currency: USD

Profire Energy Inc: core business model

Profire Energy Inc specialized in the design, manufacture, and sale of burner management systems (BMS) for industrial applications, primarily in the oil and gas sector. These systems ensure safe and efficient operation of burners used in oilfield heaters, tanks, and related equipment. The company focused on North American markets, where demand for reliable combustion management solutions supports upstream and midstream operations.

Founded in 2003 and headquartered in Lindon, Utah, Profire Energy provided products that automate ignition, flame monitoring, and fuel train management. Its technology helped operators comply with safety regulations while optimizing fuel efficiency. Prior to the merger, the firm reported serving thousands of installations across major US oil basins.

Main revenue and product drivers for Profire Energy Inc

The core revenue stream stemmed from sales of proprietary BMS products, including the PF400 and PF310 models, which accounted for the majority of income. Service and aftermarket support, such as repairs and upgrades, contributed additional recurring revenue. In its last reported fiscal year, the company highlighted growth in natural gas processing applications.

Profire Energy benefited from US shale production booms, with key drivers including rig count activity in the Permian and Bakken formations. International expansion into Canada and select emerging markets supplemented domestic sales, though North America represented over 90% of revenue according to historical filings.

Industry trends and competitive position

The oilfield services sector faces cyclical demand tied to crude oil prices and drilling activity. Profire Energy positioned itself as a niche leader in BMS, competing with larger players like Honeywell and smaller specialized firms. Its focus on safety and emissions reduction aligned with tightening environmental regulations in the US.

Why Profire Energy Inc matters for US investors

Listed on Nasdaq, Profire Energy offered US investors exposure to oil and gas equipment demand driven by domestic energy production. The company's products supported the US's role as a top global oil producer, with relevance amplified by energy independence policies and LNG export growth.

Conclusion

The cash merger of Profire Energy Inc at $2.5500 per share concludes a significant corporate event for shareholders, providing a clear payout following delisting. This development reflects ongoing consolidation in the oilfield services space amid market dynamics. Investors should review official filings for final distribution details and tax implications.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.