Added to YB: 2025-05-06
Pitch date: 2025-05-03
PSI.TO [neutral]
Pason Systems Inc.
+8.97%
current return
Author Info
Petty Cash shares microcap investing ideas (mainly in Canada) in their newsletter. Sign up for the newsletter.
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 11.25
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 Q1 2025 Update - $PSI.to
PSI.TO (earnings update): Long-term tech-focused OFS play trading at 5.5x EV/ttm EBITDA. Q1 revenue $113.2M (+8% YoY), EBITDA $45.2M (+6.6%). N.America drilling rev up 3%, completions +25%, solar/storage +98%. Argentina transitioning to unconventional wells. Near-term tariff/recession uncertainty but solid 4.5% yield.
Read full article (2 min)