Pason Systems Inc.PSI.TO

$12.74+0.00 (+0.00%)
TSXEnergy24:00 UTC

Company snapshot

Market Cap
$991M
Small-cap
-23%
2016 — today
10-Year Price
-17%
2016 — today
52-Week Range
$11.20$15.40
Current $12.74· 37%

Pason Systems Inc., founded in Calgary, Canada, in 1978, is an energy technology and services provider specializing in data management systems for drilling rigs. Serving exploration and production operators, drilling contractors, and other oilfield service firms globally, Pason's comprehensive suite of tools enhances operational efficiency and safety. Their core offerings include the Electronic Drilling Recorder for on-site operation monitoring and data capture, complemented by DataHub for secure storage and on-demand retrieval. DataLink facilitates direct integration with IT systems and analytics platforms, while Pason Live enables real-time rig oversight from various devices, supported by insightful daily and end-of-well KPI performance reports. Pason also provides advanced drilling intelligence features that suggest optimal parameters, detect potential dysfunctions, and issue immediate alerts to both field personnel and remote engineers. Furthermore, the company is a leader in drilling automation across diverse rig platforms. For environmental and fluid management, Pason offers the Gas Analyzer for precise, real-time gas measurement, alongside a robust array of alarms and sensors to monitor atmospheric and drilling fluid gases. The Pit Volume Totalizer meticulously tracks drilling fluid volumes, gains, and losses on location. Rounding out its services, Pason delivers essential field support, continuous monitoring, drilling optimization guidance, and comprehensive office assistance for data integration.

Valuation in context

P/E ratio
21.6
Above average
Pricier than usual over the last 10 years
P/B ratio
2.1
Historically cheap
Historically cheap relative to the last 10 years
EV / EBITDA
7.0
Below average
Below the 10-year average
Dividend Yield
4.1%
Above average
Above the 10-year average
FCF Yield
4.9%
Below average
Below the 10-year average
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