Added to YB: 2025-08-11
Pitch date: 2025-08-08
PSI.TO [neutral]
Pason Systems Inc.
+6.86%
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 11.47
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 Q2 2025 Update - $PSI.to
PSI.TO (earnings update): Solid but stagnant oil services co at 5.5x EV/EBITDA with 4.4% yield. Q2 revenue flat at $96.4M, EBITDA -4.5% to $31.6M. North Am drilling -2%, Int'l -11%, but Completions +12% and Solar/Storage +58%. $20.2M returned to shareholders via $10.2M dividend, $10M buybacks. Expecting industry bottom; strong balance sheet.
Read full article (2 min)