Pason Systems Inc.

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Pason Systems Inc. (PSI) Price Performance

Pason Systems Inc. (PSI) trades on Toronto Stock Exchange in CAD. The company is classified in the Energy sector under the Oil & Gas Equipment & Services industry. The stock currently trades at CAD13.18, up 1.62% from the previous close.

Over the past year, PSI has traded between a low of CAD10.63 and a high of CAD13.62. The stock has gained 20.4% over this period. It is currently 24.0% above its 52-week low.

Pason Systems Inc. has a market capitalization of $1.01B, with a price-to-earnings ratio of 19.07 and a dividend yield of 4.11%.

About Pason Systems Inc.

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.