Pason Systems Inc. is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company's geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East. The Company's solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management, and enable collaboration between the rig and the office. The Company's products include Pason Service, Automatic Driller, Choke Control, Electronic Drilling Recorder (EDR), Enhanced Pit Volume Totalizer (ePVT), Gas Analyzer, Hazardous Gas Alarm System and Pit Volume Totalizer (PVT), among others. The Company's rig site products include Rig Communications, Rig Display and SideKick, among others. The Company's data analysis includes DataHub, Directional System, Drilling Guidance System (DGS), Live Rig View (LRV) and LRV Mobile (LRV), among others.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Oil & Gas Equipment & Services
- Sub-Industry: N/A
- Symbol: TSE:PSI
- CUSIP: N/A
- Web: https://www.pason.com/
Capitalization:- Market Cap: C$1.6 billion
- Outstanding Shares: 84,814,000
Average Prices:- 50 Day Moving Avg: C$17.66
- 200 Day Moving Avg: C$18.76
- 52 Week Range: C$14.79 - C$22.36
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 35.89
Sales & Book Value:- Annual Revenue: C$202.3 million
- Price / Sales: 7.92
- Book Value: C$4.31 per share
- Price / Book: 4.38
Dividend:
Profitability:- EBIDTA: C$52.67 million
- Net Margins: 12.36%
- Return on Equity: 7.42%
- Return on Assets: 6.58%
Misc:- Average Volume: 74,210 shs.
- Short Ratio: 14.08
Frequently Asked Questions for Pason Systems (TSE:PSI)
What is Pason Systems' stock symbol?
Pason Systems trades on the Tornton Stock Exchange (TSX) under the ticker symbol "PSI."
How often does Pason Systems pay dividends? What is the dividend yield for Pason Systems?
Pason Systems declared a quarterly dividend on Thursday, August 10th. Investors of record on Friday, September 15th will be given a dividend of 0.17 per share on Friday, September 29th. This represents a $0.68 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Thursday, September 14th. View Pason Systems' Dividend History.
How were Pason Systems' earnings last quarter?
Pason Systems Inc. (TSE:PSI) posted its quarterly earnings data on Tuesday, August, 11th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.13. The company earned $57.44 million during the quarter, compared to the consensus estimate of $62.95 million. Pason Systems had a return on equity of 7.42% and a net margin of 12.36%. View Pason Systems' Earnings History.
When will Pason Systems make its next earnings announcement?
Where is Pason Systems' stock going? Where will Pason Systems' stock price be in 2017?
3 equities research analysts have issued 1-year price objectives for Pason Systems' shares. Their forecasts range from C$21.00 to C$25.00. On average, they expect Pason Systems' stock price to reach C$22.83 in the next year. View Analyst Ratings for Pason Systems.
Who are some of Pason Systems' key competitors?
Some companies that are related to Pason Systems include Shawcor Ltd (SCL), Mullen Group Ltd (MTL), Enerflex Ltd (EFX), Trican Well Service Ltd (TCW), Secure Energy Services (SES), Precision Drilling (PD), Total Energy Services (TOT), Basic Energy Services (BAS), Key Energy Services (KEG), High Arctic Energy Services (HWO), Horizon North Logistics (HNL), North American Energy Partners (NOA), Strad Energy Services Ltd (SDY), Essential Energy Services Ltd (ESN), McCoy Global (MCB), SAExploration Holdings (SAEX), Petrowest Corp (PRW) and Bri-Chem Corp (BRY).
Who are Pason Systems' key executives?
Pason Systems' management team includes the folowing people:
- James D. Hill, Executive Chairman of the Board
- Marcel Kessler, President, Chief Executive Officer, Director
- Jon Faber, Chief Financial Officer
- David Elliott, Vice President - Finance
- Kevin Boston, Vice President - Sales & Business Development
- Kevin Lo, Vice President - New Ventures
- Lars Olesen, Vice President - Product Management
- Russell Smith, Vice President - International Operations
- Ryan Van Beurden, Vice President - Rigsite R&D
- Melinda Ando, General Counsel and Corporate Secretary
How do I buy Pason Systems stock?
Shares of Pason Systems and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Pason Systems' stock price today?
One share of Pason Systems stock can currently be purchased for approximately C$18.88.
MarketBeat Community Rating for Pason Systems (TSE PSI)MarketBeat's community ratings are surveys of what our community members think about Pason Systems and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Pason Systems (TSE:PSI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | C$22.83 |
Analysts' Ratings History for Pason Systems (TSE:PSI)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 5/4/2017 | BMO Capital Markets | Reiterated Rating | Outperform | C$25.00 |  |
| 1/25/2017 | CIBC | Boost Price Target | | C$16.50 -> C$21.00 | |
| 1/20/2017 | National Bank Financial | Boost Price Target | | C$22.00 -> C$22.50 | |
| 10/18/2016 | GMP Securities | Downgrade | Buy -> Hold | | |
| 7/11/2016 | AltaCorp Capital | Reiterated Rating | Sector Perform | | |
| 2/29/2016 | FirstEnergy Capital | Lower Price Target | | C$20.00 -> C$19.00 | |
| 2/29/2016 | FirstEnergy Corporation | Lower Price Target | | C$20.00 -> C$19.00 | |
(Data available from 9/23/2015 forward)
Earnings History for Pason Systems (TSE:PSI)Earnings History by Quarter for Pason Systems (TSE PSI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/8/2017 | | | | | | | | |
| 8/11/2015 | Q2 | C($0.05) | C$0.08 | C$62.95 million | C$57.44 million | View | Listen | |
| 8/6/2014 | | C$0.21 | C$0.21 | C$98.11 million | C$103.85 million | View | N/A | |
| 5/6/2014 | | C$0.32 | C$0.25 | C$124.37 million | C$123.17 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Pason Systems (TSE:PSI)2017 EPS Consensus Estimate: $0.25
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.03 | $0.03 | $0.03 |
| Q2 2017 | 1 | $0.01 | $0.01 | $0.01 |
| Q3 2017 | 1 | $0.10 | $0.10 | $0.10 |
| Q4 2017 | 1 | $0.11 | $0.11 | $0.11 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Pason Systems (TSE PSI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/10/2017 | Quarterly | $0.17 | | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 3/14/2017 | Quarterly | $0.17 | 3.76% | 3/14/2017 | 3/30/2017 | 3/30/2017 |
| 12/14/2016 | Quarterly | $0.17 | 3.51% | 12/14/2016 | 12/30/2016 | 12/30/2016 |
| 3/14/2016 | Quarterly | $0.17 | 4.1% | 3/14/2016 | 3/30/2016 | 3/30/2016 |
| 12/14/2015 | Quarterly | $0.17 | 3.52% | 12/14/2015 | 12/29/2015 | 12/29/2015 |
| 9/14/2015 | Quarterly | $0.17 | 3.61% | 9/14/2015 | 9/30/2015 | 9/30/2015 |
| 5/5/2015 | Quarterly | $0.14 | 3.05% | 6/12/2015 | 6/16/2015 | 6/29/2015 |
| 2/26/2015 | Quarterly | $0.14 | 3.62% | 3/12/2015 | 3/16/2015 | 3/30/2015 |
| 11/12/2014 | quarterly | $0.17 | 3.13% | 12/12/2014 | 12/16/2014 | 12/29/2014 |
| 8/6/2014 | quarterly | $0.17 | 1.99% | 9/12/2014 | 9/16/2014 | 10/1/2014 |
| 5/6/2014 | quarterly | $0.15 | 1.99% | 6/11/2014 | 6/13/2014 | 7/2/2014 |
| 2/27/2014 | quarterly | $0.15 | 2.1% | 3/12/2014 | 3/14/2014 | 4/1/2014 |
| 11/4/2013 | | $0.13 | | 12/12/2013 | 12/16/2013 | 1/2/2014 |
| 11/4/2013 | quarterly | $0.14 | 2.57% | 12/12/2013 | 12/16/2013 | 1/2/2014 |
| 8/2/2013 | quarterly | $0.13 | | | 9/16/2013 | 10/1/2013 |
| 5/1/2013 | quarterly | $0.13 | | | 6/14/2013 | 7/2/2013 |
| 2/25/2013 | quarterly | $0.13 | | | 3/15/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Pason Systems (TSE:PSI)Insider Trades by Quarter for Pason Systems (TSE:PSI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/20/2017 | Russell Smith | Insider | Sell | 17,500 | C$0.00 | C$0.00 | |
| 9/18/2017 | Russell Smith | Insider | Buy | 500 | C$14.86 | C$7,430.00 | |
| 6/28/2017 | James Douglas Hill | Insider | Sell | 50,000 | C$19.30 | C$965,000.00 | |
| 6/27/2017 | James Douglas Hill | Insider | Sell | 14,300 | C$19.00 | C$271,700.00 | |
| 6/21/2017 | Kevin Boston | Insider | Buy | 1,000 | C$13.50 | C$13,500.00 | |
| 6/13/2017 | James Douglas Hill | Insider | Sell | 100,000 | C$19.50 | C$1,950,000.00 | |
| 6/12/2017 | James Douglas Hill | Insider | Sell | 68,000 | C$19.50 | C$1,326,000.00 | |
| 5/19/2017 | Beurden Ryan Van | Insider | Sell | 6,000 | C$20.98 | C$125,880.00 | |
| 5/16/2017 | Kevin Boston | Insider | Sell | 5,000 | C$20.45 | C$102,250.00 | |
| 5/12/2017 | David Robert Elliott | Insider | Sell | 20,000 | C$20.03 | C$400,600.00 | |
| 5/8/2017 | Russell Smith | Insider | Sell | 900 | C$20.16 | C$18,144.00 | |
| 5/5/2017 | Bryce Mclean | Insider | Sell | 9,600 | C$20.00 | C$192,000.00 | |
| 3/29/2017 | Beurden Ryan Van | Insider | Sell | 5,000 | C$19.09 | C$95,450.00 | |
| 3/14/2017 | Kevin Boston | Insider | Buy | 500 | C$12.92 | C$6,460.00 | |
| 3/6/2017 | Kevin Boston | Insider | Buy | 500 | C$13.54 | C$6,770.00 | |
| 3/1/2017 | Kevin Boston | Insider | Buy | 500 | C$13.75 | C$6,875.00 | |
| 2/27/2017 | Kevin Boston | Insider | Buy | 500 | C$14.05 | C$7,025.00 | |
| 9/8/2016 | Marcel Kessler | Insider | Buy | 3,000 | C$17.64 | C$52,920.00 | |
| 9/7/2016 | Marcel Kessler | Insider | Sell | 500 | C$17.56 | C$8,780.00 | |
| 9/6/2016 | Ronald Dudar | Insider | Sell | 2,400 | C$19.25 | C$46,200.00 | |
| 3/14/2016 | James Douglas Hill | Director | Sell | 167,000 | C$16.90 | C$2,823,034.80 | |
| 3/11/2016 | Jonathan Faber | Insider | Buy | 1,200 | C$16.25 | C$19,500.00 | |
| 3/8/2016 | Russell Smith | Insider | Buy | 500 | C$12.11 | C$6,055.00 | |
| 3/7/2016 | James Douglas Hill | Director | Sell | 442,300 | C$16.90 | C$7,475,843.06 | |
| 3/4/2016 | James Douglas Hill | Director | Sell | 277,800 | C$16.94 | C$4,704,904.14 | |
| 3/3/2016 | James Douglas Hill | Director | Sell | 27,800 | C$16.95 | C$471,123.82 | |
| 11/25/2015 | David Robert Elliott | Insider | Sell | 2,100 | C$20.70 | C$43,459.50 | |
| 11/24/2015 | Ronald Dudar | Insider | Sell | 4,000 | C$20.50 | C$82,018.00 | |
| 11/16/2015 | Russell Smith | Insider | Sell | 5,000 | C$20.09 | C$100,470.00 | |
| 11/10/2015 | Ronald Dudar | Insider | Sell | 4,000 | C$20.20 | C$80,800.00 | |
| 11/9/2015 | James Brian Howe | Director | Sell | 3,000 | C$19.78 | C$59,340.00 | |
| 11/9/2015 | Russell Smith | Insider | Sell | 2,200 | C$20.00 | C$44,000.00 | |
| 9/16/2015 | James Brian Howe | Director | Sell | 3,500 | C$19.90 | C$69,650.00 | |
| 9/1/2015 | Ronald Dudar | Insider | Sell | 1,300 | C$20.01 | C$26,013.00 | |
| 8/31/2015 | Russell Smith | Insider | Sell | 2,600 | C$20.38 | C$52,988.00 | |
| 8/28/2015 | Ronald Dudar | Insider | Sell | 5,000 | C$19.00 | C$95,000.00 | |
| 6/25/2015 | Ronald Dudar | Insider | Sell | 12,000 | C$22.30 | C$267,600.00 | |
| 6/24/2015 | James Douglas Hill | Director | Sell | 250,000 | C$22.02 | C$5,503,775.00 | |
| 5/29/2015 | Kevin Boston | Insider | Sell | 3,300 | C$22.25 | C$73,425.00 | |
| 5/26/2015 | Russell Smith | Insider | Sell | 5,000 | C$21.75 | C$108,750.00 | |
| 5/11/2015 | David Robert Elliott | Insider | Buy | 1,100 | C$21.04 | C$23,142.90 | |
| 3/31/2015 | Todd Perry | Insider | Sell | 8,334 | C$20.19 | C$168,263.46 | |
| 3/12/2015 | Jonathan Faber | Insider | Buy | 1,000 | C$18.50 | C$18,500.00 | |
| 3/3/2015 | James Douglas Hill | Director | Sell | 500,000 | C$18.31 | C$9,155,000.00 | |
| 12/15/2014 | Marcel Kessler | Insider | Buy | 2,500 | C$21.10 | C$52,750.00 | |
| 12/10/2014 | Marcel Kessler | Insider | Buy | 2,500 | C$21.30 | C$53,257.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Pason Systems (TSE:PSI)
Latest Headlines for Pason Systems (TSE:PSI)
| Source: |
|
| Date | Headline |
|---|
 | Pason Systems, Inc. – Value Analysis (TORONTO:PSI) : September 20, 2017
finance.yahoo.com - September 20 at 8:00 AM |
| Pason Systems, Inc. breached its 50 day moving average in a Bullish Manner : PSI-CA : September 18, 2017
finance.yahoo.com - September 19 at 6:48 AM |
 | Pason Systems Inc. (PSI) to Issue Quarterly Dividend of $0.17
www.americanbankingnews.com - September 9 at 2:16 PM |
| FY2018 EPS Estimates for Pason Systems Inc. Cut by National Bank Financial (PSI)
www.americanbankingnews.com - August 30 at 11:00 AM |
| Pason Systems, Inc. :PSI-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 19 at 6:41 AM |
| National Bank Financial Equities Analysts Lift Earnings Estimates for Pason Systems Inc. (PSI)
www.americanbankingnews.com - August 14 at 4:24 AM |
| Analysts Issue Forecasts for Pason Systems Inc.'s Q3 2017 Earnings (TSE:PSI)
www.americanbankingnews.com - August 11 at 11:40 AM |
| Edited Transcript of PSI.TO earnings conference call or presentation 10-Aug-17 3:00pm GMT
finance.yahoo.com - August 11 at 7:45 AM |
| Pason Systems, Inc. :PSI-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 7:17 AM |
| Pason Systems Inc. (TSE:PSI) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - August 2 at 8:20 AM |
 | Pason Systems Makes Notable Cross Below Critical Moving Average - Nasdaq
www.nasdaq.com - July 8 at 1:48 PM |
| James Douglas Hill Sells 14,300 Shares of Pason Systems Inc. (PSI) Stock
www.americanbankingnews.com - June 28 at 7:40 PM |
| Pason Systems Inc. (PSI) Insider Sells C$965,000.00 in Stock
www.americanbankingnews.com - June 28 at 7:20 PM |
| Pason to Release Second Quarter 2017 Results on August 9, 2017
finance.yahoo.com - June 27 at 7:32 AM |
| Pason Systems Inc. (PSI) Insider Kevin Boston Purchases 1,000 Shares
www.americanbankingnews.com - June 22 at 1:32 PM |
| James Douglas Hill Sells 68,000 Shares of Pason Systems Inc. (PSI) Stock
www.americanbankingnews.com - June 13 at 4:34 PM |
| Insider Selling: Pason Systems Inc. (PSI) Insider Sells 100,000 Shares of Stock
www.americanbankingnews.com - June 13 at 4:34 PM |
| Pason Systems Inc. (PSI) Insider Beurden Ryan Van Sells 6,000 Shares
www.americanbankingnews.com - May 19 at 4:24 PM |
| National Bank Financial Analysts Lower Earnings Estimates for Pason Systems Inc. (PSI)
www.americanbankingnews.com - May 18 at 10:14 AM |
| Pason Systems Inc. (PSI) Insider Kevin Boston Sells 5,000 Shares
www.americanbankingnews.com - May 16 at 4:38 PM |
| Pason Systems Inc. (PSI) Insider Sells C$400,600.00 in Stock
www.americanbankingnews.com - May 12 at 4:26 PM |
| Insider Selling: Pason Systems Inc. (PSI) Insider Sells 900 Shares of Stock
www.americanbankingnews.com - May 8 at 4:46 PM |
| Pason Systems Inc. (PSI) Insider Bryce Mclean Sells 9,600 Shares
www.americanbankingnews.com - May 5 at 10:57 PM |
| Pason Systems Inc. Reports Voting Results of Director Elections
finance.yahoo.com - May 5 at 7:35 PM |
| National Bank Financial Brokers Lift Earnings Estimates for Pason Systems Inc. (PSI)
www.americanbankingnews.com - May 5 at 7:44 AM |
| Edited Transcript of PSI.TO earnings conference call or presentation 3-May-17 3:00pm GMT
finance.yahoo.com - May 4 at 7:31 PM |
| ETFs with exposure to Pason Systems, Inc. : May 4, 2017
finance.yahoo.com - May 4 at 7:31 PM |
| Pason Systems Inc. (PSI) Given a C$25.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - May 4 at 5:32 PM |
| Q3 2017 EPS Estimates for Pason Systems Inc. (PSI) Increased by National Bank Financial
www.americanbankingnews.com - May 4 at 12:58 PM |
| Pason Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 7:40 PM |
| Pason Systems Inc. Announces Quarterly Dividend
finance.yahoo.com - May 3 at 7:39 PM |
| Pason Systems Inc. (PSI) Insider Sells C$95,450.00 in Stock
www.americanbankingnews.com - March 29 at 4:28 PM |
| Pason to Release First Quarter 2017 Results on May 2, 2017
finance.yahoo.com - March 27 at 6:48 PM |
| ExxonMobil Awards License for Efficient Drilling Technology to Pason Systems
finance.yahoo.com - February 10 at 9:32 PM |
 | Pason Announces Award of ExxonMobil Drilling Advisory System License
www.marketwatch.com - February 10 at 9:32 PM |
| Pason to Release Fourth Quarter and Full-Year 2016 Results on February 22, 2017
finance.yahoo.com - January 10 at 8:22 PM |
Pason Systems (PSI) Chart for Saturday, September, 23, 2017
