PSD : Pulse Seismic Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Pulse Seismic Inc trades with the ticker PSD on the TSX and is in the Oil & Gas Equipment & Services industry.

Overview
Pulse Seismic Inc. acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Western Canada. The company also owns and manages a licensable seismic data library that consists of approximately 65,310 net square kilometers of 3D seismic; and 829,207 net linear kilometers of 2D seismic data. It serves oil and gas exploration and development companies, and companies exploring for non-traditional forms of energy, such as lithium and geothermal. The company was formerly known as Pulse Data Inc. and changed its name to Pulse Seismic Inc. in May 2009. Pulse Seismic Inc. was incorporated in 1985 and is headquartered in Calgary, Canada.
 

Looking to invest in Pulse Seismic Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

PSD.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $111.287MM

PE Ratio: 7.643

Price: 2.21 (Updated: 3/12/2024 0:47:16)



Pulse Seismic Inc (PSD) vs Competitors in Oil & Gas Equipment & Services

Lets see how PSD.TO stacks up against others in the Oil & Gas Equipment & Services asset management industry. We have identified its main peers as:

CES Energy Solutions Corp, Calfrac Well Services Ltd, Enerflex Ltd, Essential Energy Services Ltd, High Arctic Energy Services Inc

.

Oil & Gas Equipment & Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
CES Energy Solutions Corp (CEU) $1,104.131 8.464 5.128 2.5%
Calfrac Well Services Ltd (CFW) $389.09 2.33 1.994 N/A%
Enerflex Ltd (EFX) $1,044.958 N/A 6.205 1.2%
Essential Energy Services Ltd (ESN) $50.2 40.0 5.225 0.0%
High Arctic Energy Services Inc (HWO) $52.561 N/A -0.744 5.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas Equipment & Services

  • Pulse Seismic Inc (PSD) vs CES Energy Solutions Corp (CEU)
    • CEU has higher EPS (0.56 vs 0.28). PSD has higher dividend yield (2.6% vs 2.5%). CEU has a higher P/E ratio (8.464 vs 7.643) indicating it’s more expensive.
  • Pulse Seismic Inc (PSD) vs Calfrac Well Services Ltd (CFW)
    • CFW has higher EPS (2.06 vs 0.28). PSD provides dividends, while CFW does not. PSD has a higher P/E ratio (7.643 vs 2.33) indicating it’s more expensive.
  • Pulse Seismic Inc (PSD) vs Enerflex Ltd (EFX)
    • PSD has higher EPS (0.28 vs -0.9). PSD has higher dividend yield (2.6% vs 1.2%). EFX has a P/E under 0, indicating PSD (P/E 7.643) is in a better position.
  • Pulse Seismic Inc (PSD) vs Essential Energy Services Ltd (ESN)
    • PSD has higher EPS (0.28 vs 0.01). PSD has higher dividend yield (2.6% vs 0.0%). ESN has a higher P/E ratio (40.0 vs 7.643) indicating it’s more expensive.
  • Pulse Seismic Inc (PSD) vs High Arctic Energy Services Inc (HWO)
    • PSD has higher EPS (0.28 vs -0.5). HWO has higher dividend yield (5.6% vs 2.6%). HWO has a P/E under 0, indicating PSD (P/E 7.643) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (7.64) than the industry average (11.70), indicating potential undervaluation. Features a lower EV/EBITDA ratio (3.10) than the industry average (3.61), indicating attractive valuation.
 

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You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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