Profire Energy Inc. (OTCBB:PFIE) is an innovative provider of safe and efficient burner management systems and services for use in oilfield combustion, with customers like Devon Energy Corporation (NYSE: DVN) and EnCana Corporation (NYSE: ECA), as well as smaller “mom and pop” oil and gas exploration and development companies.
InvestorIdeas.com, a global investor research portal for independent investors, issues Wednesday’s investor idea, energy stocks. Globally energy shares saw gains early this week as European stocks closed higher Monday with energy stocks a notable leader, Australian markets were up with finance and energy stocks as top performers.
Chevron is the fourth largest oil company in the world based on proven reserves, has impeccable financial strength, has been buying back its own shares aggressively of late and pays a generous cash dividend (recently increased by 12%) of $2.60 per share per year—a 3.1% yield based on its current price.
