Pason Systems Inc. (TSX:PSI)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.06B |
| Revenue (ttm) | 419.27M |
| Net Income (ttm) | 53.15M |
| Shares Out | 77.56M |
| EPS (ttm) | 0.68 |
| PE Ratio | 20.13 |
| Forward PE | 16.42 |
| Dividend | 0.52 (3.82%) |
| Ex-Dividend Date | Mar 17, 2026 |
| Volume | 127,656 |
| Average Volume | 226,912 |
| Open | 13.65 |
| Previous Close | 13.63 |
| Day's Range | 13.65 - 13.92 |
| 52-Week Range | 10.74 - 13.90 |
| Beta | 0.59 |
| RSI | 67.57 |
| Earnings Date | May 7, 2026 |
About Pason Systems
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... [Read more]
Financial Performance
In 2025, Pason Systems's revenue was 419.27 million, an increase of 1.24% compared to the previous year's 414.13 million. Earnings were 53.15 million, a decrease of -56.25%.
Financial StatementsNews
Pason Systems Earnings Call Transcript: Q4 2025
Revenue grew 1% to CAD 419 million in 2025 despite industry declines, with strong performance in Solar and Energy Storage and record Revenue per Industry Day in North American Drilling. Free cash flow rose 17% and nearly all was returned to shareholders.
Pason Systems Earnings Call Transcript: Q3 2025
Q3 2025 saw resilient performance with $101M revenue and $38.5M Adjusted EBITDA, despite industry headwinds. Completions and solar segments grew, while drilling segments faced declines. Capital returns and investments remain disciplined, with a strong balance sheet.
Pason Systems Earnings Call Transcript: Q2 2025
Q2 2025 revenue rose 1% year-over-year to $96.4 million, with net income up to $12.6 million despite industry headwinds. Completions and solar segments posted strong growth, while capital spending was reduced and $20.2 million was returned to shareholders.
Pason Systems Earnings Call Transcript: Q1 2025
Revenue grew 8% year-over-year to $113.2M, with strong gains in completions and solar/energy storage segments. Adjusted EBITDA rose 7%, and free cash flow doubled, supporting continued investment and shareholder returns. Net income declined due to a prior-year one-time gain.
Pason Systems Earnings Call Transcript: Q4 2024
2024 revenue grew 12% to $414 million, driven by new completions and solar/energy storage segments, despite a 10% industry activity decline. Adjusted EBITDA margin fell to 39.1% as lower-margin segments expanded, but strong cash flow enabled $51.4 million in shareholder returns.
Pason Systems Earnings Call Transcript: Q3 2024
Q3 2024 revenue rose 14% year-over-year to CAD 105.9 million, with strong product adoption offsetting a 5% decline in North American drilling activity. Adjusted EBITDA grew to CAD 44.1 million, while net income declined to CAD 24.2 million. The company remains confident in future growth, driven by technology adoption and a strong balance sheet.
Pason Systems Earnings Call Transcript: Q2 2024
Q2 2024 revenue rose 13% year-over-year to CAD 95.9 million, driven by strong completions and solar/energy storage growth, despite a 13% drop in North American drilling activity. Net income and free cash flow declined, but the balance sheet remains strong with no debt.
Pason Systems Earnings Call Transcript: Q1 2024
Pason Systems Earnings Call Transcript: Q4 2023
Pason Systems Earnings Call Transcript: Q3 2023
Pason Systems Earnings Call Transcript: Q2 2023
Pason Systems Earnings Call Transcript: Q1 2023
Pason Systems Earnings Call Transcript: Q4 2022
Pason Systems Earnings Call Transcript: Q3 2022
Pason Systems Earnings Call Transcript: Q2 2022
RBC Capital Raises Pason Systems Price Target By 5%
Pason Systems Inc. (TSX: PSI) (OTC: PSYTF) price target has been raised to C$23 from C$22 by RBC Capital analyst Keith Mackey while maintaining the Outperform rating on the shares. The analyst mention...