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Reeflex Solutions Inc. ( (TSE:RFX) ) just unveiled an announcement.
Reeflex Solutions Inc. has announced that its subsidiary, Coil Solutions Inc., has secured purchase orders worth $2.6 million for six coiled tubing injectors to be used in Saudi Arabia’s natural gas fields. This order highlights the confidence in CSI’s technology for enhanced gas recovery and strengthens Reeflex’s position in the international coiled tubing market, providing revenue visibility into 2026.
More about Reeflex Solutions Inc.
Reeflex Solutions Inc. is a Canadian company specializing in advanced engineering and manufacturing solutions across various industry sectors. Through its subsidiary, Coil Solutions Inc., the company provides coiled tubing injectors and downhole tools for the oil and gas sector. Additionally, its manufacturing division, Ranglar Manufacturing, focuses on custom-designed mobile equipment for diverse industrial applications.
Average Trading Volume: 14,967
Technical Sentiment Signal: Buy
Current Market Cap: C$1.42M
See more insights into RFX stock on TipRanks’ Stock Analysis page.