Added to YB: 2025-03-05
Pitch date: 2025-03-04
PSI.TO [bullish]
Pason Systems Inc.
+1.74%
current return
Author Info
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Company Info
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.
Market Cap
CAD 957.2M
Pitch Price
CAD 11.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.15
P/E
15.74
EV/Sales
2.12
Sector
Energy Equipment and Services
Category
value
Pason Systems Q4 24 Update - $PSI.to
PSI.TO (Q4 earnings): Oilfield services co. Q4 rev $107.6M (+15% YoY), EBITDA $42.1M. N.A. drilling +2%, int'l down on FX. IWS/Completions sub-scale but growing. 6x EV/EBITDA. $65M 2025 capex. Tailwinds: bottoming activity, Canada politics. Risks: tariffs, cyclical uncertainty. Buybacks ongoing. Hold, add on weakness.
Read full article (2 min)