Pason Systems Inc.

Pason Systems Inc.

PSI · TO · Energy / Oil & Gas Equipment & Services

14.37CAD-0.01 (-0.07%)

Price History

Full chart

Market Stats

Previous Close14.38
Open14.35
Day Range14.26 – 14.57
52-Week Range10.89 – 15.18
Volume245.85K
Market Cap1.11B
P/E (TTM)23.06
Forward P/E14.47
EPS0.62
Dividend Yield3.64%
Beta0.73
50-Day Avg13.92
200-Day Avg13.22

About

Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally. The company offers AutoDriller, which delivers smooth payout to maximized rate of penetration and bit life; Communications, a suite of IT solutions that ensures effective collaboration between rig and office; DAS, an automation software delivering faster drilling and reduced wear; DataHub with Pason Live, a cloud service hosting customer well information along with a suite of real-time viewing applications; and DataLink, which connects the drilling data to the real time centres and third party. It also offers Electronic Choke Actuator, which remotely controls the choke valve from the doghouse, rig floor, or other locations on site; Electronic Drilling Recorder, a network of sensors, software, and displays providing real-time drilling data to rig site personnel; Gas Analyzer, which detects changes in relative volume of gases; Hazardous Gas Alarm System, a system that detects the presence of hazardous gases providing visible and audible alerts; Mud Analyzer, an automated rheology measurement in real-time; Pit Volume Totalizer, which measures tank volumes and flow rates from the mud system; and Toolface Control, a directional automation software. In addition, the company provides phone, chat, field, proactive monitoring, and drilling optimization support services, as well as office support services for data integration. It serves drilling contractors and other oilfield service companies, as well as solar power and energy storage industry. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Jon Faber C.F.A., CPA, CBV
  • Employees0
  • Headquarters6130 Third Street SE, Calgary, AB, Canada, T2H 1K4, Canada
  • Websitehttps://www.pason.com

Leadership

  • Mr. Jon Faber C.F.A., CPA, CBVPresident, CEO & Non-Independent Director · b. 1979
  • Ms. Celine BostonChief Financial Officer
  • Mr. Bryce McLeanVice President of Operations
  • Mr. Lars OlesenVice President of Product & Technology
  • Ms. Natalie FenezVP of Legal & Corporate Secretary
  • Ms. Heather HantosVice President of Human Resources
  • Mr. Timur KuruPresident & GM of United States · b. 1975
  • Mr. Ben ThomasDirector of Support Services - United States Business Unit

Financials

Income Statement

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.10M13.60M22.90M23.90M41.05M63.02M55.31M91.80M122.21M175.75M240.58M236.44M292.53M145.86M249.56M346.16M386.51M403.09M499.27M285.15M160.45M245.64M306.39M295.64M156.64M206.69M335.00M369.31M414.13M419.27M
Growth (%)-+231.71%+68.38%+4.37%+71.74%+53.52%-12.23%+65.97%+33.13%+43.80%+36.89%-1.72%+23.72%-50.14%+71.10%+38.71%+11.66%+4.29%+23.86%-42.89%-43.73%+53.10%+24.73%-3.51%-47.02%+31.95%+62.08%+10.24%+12.14%+1.24%
Cost of Revenue1.30M3.90M9.50M10.90M16.52M22.45M24.05M30.49M42.00M52.19M72.93M82.07M109.28M73.14M94.30M199.25M213.39M215.69M241.10M218.30M145.22M152.74M152.36M160.82M112.23M113.36M143.28M165.64M52.18M231.71M
Gross Profit2.80M9.70M13.40M13.00M24.53M40.56M31.26M61.32M80.21M123.55M167.65M154.37M183.25M72.72M155.26M146.91M173.13M187.40M258.17M66.85M15.23M92.90M154.03M134.82M44.40M93.33M191.72M203.67M361.95M187.55M
Gross Margin68.29%71.32%58.52%54.39%59.77%64.37%56.51%66.79%65.63%70.30%69.69%65.29%62.64%49.85%62.21%42.44%44.79%46.49%51.71%23.44%9.49%37.82%50.27%45.60%28.35%45.15%57.23%55.15%87.40%44.73%
Operating Expense1.20M2.90M5.20M6.20M10.17M12.51M15.53M21.50M28.34M46.67M68.93M74.33M89.59M79.56M57.57M000000055.22M56.93M33.15M48.71M68.00M43.12M264.20M103.51M
Operating Income1.60M6.80M8.20M6.80M14.36M28.06M15.73M39.82M51.87M76.88M98.72M80.04M93.65M-6.84M97.69M146.91M173.13M187.40M258.17M66.85M15.23M92.90M98.82M77.89M11.25M44.62M123.73M160.55M97.76M84.04M
Operating Margin39.02%50.00%35.81%28.45%34.99%44.52%28.44%43.37%42.44%43.75%41.03%33.85%32.02%-4.69%39.15%42.44%44.79%46.49%51.71%23.44%9.49%37.82%32.25%26.35%7.18%21.59%36.93%43.47%23.60%20.05%
EBITDA2.20M8.50M10.80M9.70M18.68M35.40M24.64M54.83M70.86M104.08M138.64M122.84M149.37M56.16M146.80M173.82M189.94M131.25M273.60M86.77M-5.72M102.36M126.96M115.40M55.74M80.19M160.26M161.50M149.94M142.90M
EBITDA Margin53.66%62.50%47.16%40.59%45.52%56.17%44.55%59.73%57.98%59.22%57.63%51.95%51.06%38.50%58.82%50.21%49.14%32.56%54.80%30.43%-3.56%41.67%41.44%39.04%35.58%38.80%47.84%43.73%36.20%34.08%
Net Income900.00K4.10M4.90M4.10M8.12M15.44M9.61M24.60M33.84M50.28M64.53M55.05M61.32M-5.51M36.47M86.22M39.88M23.66M112.10M-14.61M-41.79M25.19M62.94M54.11M6.57M33.84M107.62M97.54M121.50M53.15M
Net Income Margin21.95%30.15%21.40%17.15%19.78%24.50%17.37%26.79%27.69%28.61%26.82%23.28%20.96%-3.78%14.62%24.91%10.32%5.87%22.45%-5.12%-26.05%10.25%20.54%18.30%4.19%16.38%32.12%26.41%29.34%12.68%
R&D200.00K500.00K1.00M1.40M2.01M2.75M3.01M3.66M4.99M6.38M8.26M9.57M12.89M13.14M16.47M17.37M22.47M27.25M35.43M31.73M22.85M25.22M27.00M30.44M26.98M32.22M37.57M41.25M51.18M54.40M
R&D as % of Total Revenue4.88%3.68%4.37%5.86%4.89%4.36%5.44%3.99%4.09%3.63%3.43%4.05%4.41%9.01%6.60%5.02%5.81%6.76%7.10%11.13%14.24%10.27%8.81%10.30%17.22%15.59%11.22%11.17%12.36%12.98%
Interest Expense100.00K0300.00K0915.51K1.32M1.11M893.96K383.02K547.37K622.00K143.00K209.00K430.00K000000000578.00K352.00K1.53M4.94M---
Interest Expense % of Total Revenue2.44%0.00%1.31%0.00%2.23%2.10%2.00%0.97%0.31%0.31%0.26%0.06%0.07%0.29%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.20%0.22%0.74%1.47%---

Balance Sheet

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.30M25.20M30.70M40.20M64.45M82.25M90.19M112.29M139.01M218.20M270.86M301.57M427.02M373.10M424.17M455.90M488.38M445.88M570.07M529.63M435.25M398.45M461.72M437.84M361.42M379.94M469.93M487.88M614.61M596.95M
Total Liabilities3.30M8.30M8.10M13.90M29.00M28.31M24.31M28.39M24.27M55.04M39.65M30.85M72.43M64.76M111.81M88.63M119.68M79.41M86.54M40.18M48.60M50.96M75.64M91.39M56.13M72.16M88.97M86.92M118.94M124.83M
Total Equity4.00M16.90M22.60M26.30M35.45M53.94M65.88M83.90M114.75M163.16M231.21M270.72M354.59M308.33M312.37M367.27M368.70M366.47M483.52M489.45M386.65M347.49M386.08M346.82M307.06M311.48M386.48M408.06M504.41M482.24M
Cash1.00M2.80M1.10M200.00K1.44M1.25M677.00K1.66M1.95M1.89M21.86M23.16M100.61M109.85M110.40M104.99M157.94M78.02M144.86M195.85M146.48M154.13M203.84M161.02M149.28M158.28M132.06M171.77M77.20M75.70M
Total Debt1.90M1.80M4.00M6.80M4.21M10.38M11.74M6.66M897.17K14.06M------------2.54M14.81M6.17M7.33M5.53M12.99M15.42M27.53M
Net Debt900.00K-1.00M2.90M6.60M2.77M9.13M11.07M5.00M-1.05M12.17M-21.86M-23.16M-100.61M-109.85M-110.40M-104.99M-157.94M-78.02M-144.86M-195.85M-146.48M-154.13M-201.29M-146.21M-143.11M-150.95M-126.53M-158.78M-61.78M-48.18M

Cash Flow

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.50M5.30M3.30M8.00M15.97M20.09M12.77M37.90M43.49M56.40M103.19M84.05M139.76M85.22M79.36M126.33M169.18M62.05M213.58M130.08M19.64M85.80M107.18M108.55M58.58M65.06M104.41M135.03M123.19M117.68M
Investing Cash Flow-3.20M-12.30M-8.00M-10.70M-23.04M-22.69M-14.43M-32.31M-36.73M-72.08M-74.43M-79.47M-56.40M-47.02M-53.06M-102.97M-73.48M-71.07M-114.74M-53.45M-12.47M-17.56M-21.84M-56.25M-12.28M-27.08M-92.23M-13.06M-155.58M-52.45M
Financing Cash Flow2.60M8.70M2.10M1.50M7.79M22.83K-1.11M-3.79M-2.61M7.59M-445.00K403.00K-10.05M-24.20M-23.57M-29.72M-41.41M-60.53M-50.35M-47.36M-50.26M-50.54M-49.69M-86.12M-52.20M-27.05M-42.06M-65.82M-63.37M-63.80M
Capital Expenditure2.40M12.30M8.20M10.30M21.68M21.59M12.67M33.25M41.14M74.74M71.23M76.61M52.31M18.32M50.16M71.57M71.42M70.66M121.19M50.81M12.86M20.76M23.88M24.18M5.16M10.92M34.50M40.91M71.93M51.77M
Free Cash Flow-900.00K-7.00M-4.90M-2.30M-5.71M-1.50M104.92K4.65M2.35M-18.34M31.96M7.44M87.44M66.90M29.19M54.76M97.75M-8.62M92.39M79.27M6.79M65.03M83.30M84.37M53.42M54.14M69.91M94.12M51.26M65.91M
Dividends Paid-------3.11M4.69M6.70M3.89M11.88M15.01M19.55M24.45M28.63M34.41M51.71M64.50M56.94M57.34M57.70M59.78M63.10M40.42M16.57M29.47M38.53M41.36M40.73M
FCF to OCF-60.00%-132.08%-148.48%-28.75%-35.79%-7.46%0.82%12.28%5.40%-32.52%30.97%8.85%62.57%78.51%36.79%43.35%57.78%-13.89%43.26%60.94%34.55%75.80%77.72%77.73%91.19%83.22%66.96%69.70%41.61%56.01%
Dividend Paid to FCF-------66.85%199.93%-36.55%12.17%159.73%17.16%29.23%83.75%52.28%35.20%-600.08%69.81%71.83%844.95%88.72%71.77%74.79%75.66%30.60%42.16%40.94%80.70%61.79%

Earnings

Report DateAug 21, 2001Nov 14, 2001Feb 27, 2002May 15, 2002Aug 23, 2002May 14, 2003Aug 19, 2003Nov 12, 2003Mar 4, 2004May 13, 2004Aug 12, 2004Nov 10, 2004Mar 1, 2005May 11, 2005Aug 10, 2005Nov 9, 2005Feb 28, 2006May 10, 2006Aug 9, 2006Nov 8, 2006Feb 27, 2007May 9, 2007Aug 9, 2007Nov 7, 2007Feb 26, 2008May 7, 2008Aug 6, 2008Nov 5, 2008Feb 24, 2009May 4, 2009Aug 4, 2009Nov 4, 2009Feb 24, 2010May 4, 2010Aug 9, 2010Nov 2, 2010Feb 23, 2011May 4, 2011Aug 8, 2011Nov 4, 2011Feb 21, 2012May 2, 2012Aug 3, 2012Nov 6, 2012Feb 21, 2013May 1, 2013Aug 2, 2013Nov 4, 2013Feb 27, 2014May 6, 2014Aug 6, 2014Nov 12, 2014Feb 26, 2015May 5, 2015Aug 11, 2015Nov 4, 2015Feb 25, 2016May 10, 2016Aug 10, 2016Nov 9, 2016Feb 22, 2017May 2, 2017Aug 9, 2017Nov 7, 2017Feb 27, 2018May 2, 2018Aug 8, 2018Nov 7, 2018Feb 26, 2019May 1, 2019Aug 8, 2019Nov 6, 2019Feb 26, 2020Apr 30, 2020Aug 6, 2020Nov 4, 2020Feb 24, 2021Apr 29, 2021Aug 10, 2021Nov 3, 2021Feb 22, 2022Apr 28, 2022Aug 10, 2022Nov 2, 2022Mar 2, 2023May 4, 2023Aug 10, 2023Nov 2, 2023Feb 28, 2024May 2, 2024Aug 7, 2024Nov 7, 2024Feb 27, 2025May 1, 2025Aug 5, 2025Nov 6, 2025Feb 26, 2026May 6, 2026Aug 11, 2026Nov 5, 2026
EPS Estimate0.030.06-0.06-0.080.020.070.100.140.070.120.140.170.070.160.200.260.100.240.220.260.080.210.190.260.100.230.270.15-0.11-0.03-0.090.010.140.190.250.120.240.300.320.140.300.290.350.170.300.330.430.220.410.450.21-0.050.010.02-0.04-0.13-0.07-0.010.030.050.130.120.160.110.190.220.240.150.180.130.14-0.08-0.10-0.050.040.030.090.120.180.170.300.360.370.290.310.290.310.210.260.230.260.170.220.150.200.140.25
EPS Actual0.030.070.050.060.010.090.030.110.110.140.050.100.150.180.060.180.230.250.140.220.190.230.070.190.190.260.080.260.220.06-0.11-0.050.030.100.080.160.100.220.090.350.380.360.100.23-0.170.360.250.320.290.370.210.310.570.17-0.100.04-0.01-0.06-0.13-0.080.030.080.060.100.070.160.100.260.240.220.150.170.120.20-0.11-0.07-0.030.050.060.160.140.230.220.410.440.440.320.350.110.870.140.300.210.250.160.160.100.170.18-
Surprise0.00%16.67%-0.00%-12.50%50.00%57.14%10.00%0.00%-28.57%-16.67%7.14%5.88%-14.29%12.50%15.00%-3.85%40.00%-8.33%-13.64%-11.54%-12.50%-9.52%0.00%0.00%-20.00%13.04%-18.52%-60.00%0.00%-66.67%-11.11%700.00%14.29%-47.37%-12.00%-25.00%45.83%26.67%12.50%-28.57%-23.33%-158.62%2.86%47.06%6.67%-12.12%-13.95%-4.55%-24.39%26.67%-19.05%-100.00%300.00%-150.00%-50.00%0.00%-14.29%400.00%166.67%20.00%-23.08%-41.67%0.00%-9.09%36.84%9.09%-8.33%0.00%-5.56%-7.69%42.86%-37.50%30.00%40.00%25.00%100.00%77.78%16.67%27.78%29.41%36.67%22.22%18.92%10.34%12.90%-62.07%180.65%-33.33%15.38%-8.70%-3.85%-5.88%-27.27%-33.33%-15.00%28.57%-
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Key Statistics & Ratios

Market Cap1.11B
Enterprise Value1.08B
Trailing P/E23.06
Forward P/E14.47
PEG Ratio2.24
Price / Sales2.69
Price / Book2.25
EPS0.62
Book Value6.42
Revenue (TTM)412.90M
Gross Profit (TTM)244.08M
EBITDA133.00M
Profit Margin11.53%
Operating Margin17.41%
Return on Equity9.55%
Return on Assets8.02%
Shares Outstanding77.64M
Shares Float63.00M
Beta0.73
Dividend Yield3.64%
Dividend Rate0.52
Payout Ratio85.25%

Dividends

20263×
0.13Sep 15, 20260.13Jun 16, 20260.13Mar 17, 2026
20254×
0.13Dec 17, 20250.13Sep 15, 20250.13Jun 16, 20250.13Mar 17, 2025
20247×
0.03Dec 23, 20240.13Dec 17, 20240.01Sep 23, 20240.13Sep 13, 20240.05Jun 24, 20240.13Jun 14, 20240.13Mar 14, 2024
20238×
0.05Dec 18, 20230.12Dec 14, 20230.02Sep 18, 20230.12Sep 14, 20230.06Jun 20, 20230.12Jun 14, 20230.06Mar 20, 20230.12Mar 14, 2023
20222×
0.06Dec 19, 20220.12Dec 14, 2022

Stock Splits

  • May 26, 20062:1
  • May 27, 20052:1