Added to YB: 2025-11-11
Pitch date: 2025-11-07
PSI.TO [neutral]
Pason Systems Inc.
+0.82%
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 12.16
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
growth
Pason Systems Q3 2025 - $PSI.to
PSI.TO (earnings): Q3 rev $101M (-5% YOY, +5% QOQ), EBITDA $38.5M (38% margin). NA drilling outperformed 9% rig decline w/ record $1,071/day. Completions +17% rev despite 27% frac spread drop. Targets doubling 2023 rev in 5-7yrs via adoption/pricing. 6.6x EV/EBITDA, trades at OFS premium.
Read full article (3 min)