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Last C$19.27 CAD
Change Today -0.20 / -1.03%
Volume 3.8K
PSI On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Berlin
As of 9:41 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

pason systems inc (PSI) Snapshot

Open
C$18.79
Previous Close
C$19.47
Day High
C$19.32
Day Low
C$18.79
52 Week High
09/4/14 - C$34.64
52 Week Low
08/24/15 - C$16.01
Market Cap
1.6B
Average Volume 10 Days
273.2K
EPS TTM
C$1.12
Shares Outstanding
83.7M
EX-Date
09/14/15
P/E TM
17.2x
Dividend
C$0.68
Dividend Yield
3.67%
Current Stock Chart for PASON SYSTEMS INC (PSI)

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pason systems inc (PSI) Details

Pason Systems Inc. rents and sells instrumentation systems for land and offshore applications in the oil and gas industry worldwide. Its solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management. The company’s products include Pason Store, a Web-based storefront that offers add-on applications; and DataHub, a Web application that collects, stores, and displays drilling data, reports, and real-time information for remote access. It also offers Electronic Drilling Recorder, which provides a system of drilling data acquisition, data networking, and drilling management tools; Pit Volume Totalizer used to monitor mud tank levels and mud flow rate out of the wellbore; Electronic AutoDriller used to control the feed rate of the bit to various pre-set parameters; Gas Analyzer to measure the total hydrocarbon gases exiting the wellbore; Torque and Tension Sub, which provides real-time accurate torque; Electronic Choke Actuator, a device that provides a means of remotely controlling the choke valve from the doghouse; Hazardous Gas Alarm System, which detects the presence of combustible gases, and provides visible and audible alerts; Electronic Service Recorder that provides digital information to personnel on the wellsite and at the office; SideKick, a rig floor computer that allows for data entry and displays information around the rig; and Rig Display, a touch screen computer to access services and applications on and around the rig floor. In addition, the company provides software products, such as enhanced pit volume totalizer, directional system, wellview field solution, and reporter to improve performance, analyze data, or integrate data with other programs; software and hardware design engineering, information technology, geological services, and integrated technical support services. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

899 Employees
Last Reported Date: 02/26/15
Founded in 1978

pason systems inc (PSI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$500.0K
Chief Financial Officer
Total Annual Compensation: C$250.0K
Chief Operating Officer
Total Annual Compensation: C$333.0K
Vice President of International Operations
Total Annual Compensation: C$255.3K
Vice President of Operations - Canada
Total Annual Compensation: C$255.0K
Compensation as of Fiscal Year 2014.

pason systems inc (PSI) Key Developments

Pason Systems Inc. Announces Quarterly Dividend, Payable on September 30, 2015

Pason Systems Inc. announced that the Board of Directors declared a quarterly dividend of seventeen cents (CAD 0.17) per share on the company's common shares. The dividend will be paid on September 30, 2015 to shareholders of record at the close of business on September 16, 2015.

Pason Systems Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Pason Systems Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of CAD 57.440 million against CAD 103.9 million a year ago. Net loss was CAD 9.404 million or CAD 0.11 per basic and diluted share against income of CAD 17.61 million or CAD 0.21 per basic and diluted share a year ago. EBITDA was CAD 7.5 million against CAD 45.999 million a year ago. Funds flow from operations was CAD 9.3 million or CAD 0.11 per basic and diluted share against CAD 44.3 million or CAD 0.53 per diluted share a year ago. Net cash from operating activities was CAD 31.300 million against CAD 55.980 million a year ago. Operating profit was CAD 3.634 million against CAD 48.2 million a year ago. Loss before income taxes was CAD 18.7 million against income of CAD 22.96 million a year ago. Additions to property, plant and equipment were CAD 7.6 million against CAD 17.1 million a year ago. Capital expenditures were CAD 10.002 million against CAD 18.32 million a year ago. The continued slowdown in oil and gas drilling activity, combined with a reduction in product adoption on certain products and pricing pressure from customers, contributed to the decrease in revenue, which was partially offset by the strengthening of the US dollar relative to the Canadian dollar. For the six months, the company reported revenue of CAD 156.842 million against CAD 227.03 million a year ago. Net income was CAD 4.8 million or CAD 0.06 per basic and diluted share against CAD 38.43 million or CAD 0.47 per diluted share a year ago. EBITDA was CAD 51.611 million against CAD 116.5 million a year ago. Funds flow from operations was CAD 52.54 million or CAD 63 per basic and diluted share against CAD 100.6 million or CAD 1.20 per diluted share a year ago. Net cash from operating activities was CAD 102.833 million against CAD 120.4 million a year ago. Operating profit was CAD 38.902 million against CAD 115.042 million a year ago. Income before income taxes was CAD 7.8 million against CAD 60.02 million a year ago. Additions to property, plant and equipment were CAD 29.030 million against CAD 31.662 million a year ago. Capital expenditures were CAD 33.52 million against CAD 34.824 million a year ago.

Pason Systems Inc. Elects Zoran Stakic as Independent, Non-Executive Director

Pason Systems Inc. announced the election of Zoran Stakic as a new member to its board of directors, effective May 7, 2015. Zoran Stakic is the Chief Technology Officer of Shaw Communications Inc. He previously held the positions of Chief Information Officer and Privacy Officer, and Vice President of Information Services at Shaw. Prior to joining Shaw, he held a number of senior management positions within the telecommunications industry. He joins Pason's board as an independent, non-executive director.

 

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PSI Competitors

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Company Last Change
Baker Hughes Inc $54.18 USD -0.64
Halliburton Co $37.41 USD -0.67
National Oilwell Varco Inc $40.23 USD -0.74
Roper Technologies Inc $156.77 USD -1.97
Schlumberger Ltd $75.03 USD -1.23
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Industry Analysis

PSI

Industry Average

Valuation PSI Industry Range
Price/Earnings 19.5x
Price/Sales 3.6x
Price/Book 3.1x
Price/Cash Flow 9.7x
TEV/Sales 3.1x
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