Pason Systems Inc trades with the ticker PSI on the TSX and is in the Oil & Gas Equipment & Services industry.
Overview
Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company offers Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time and remote monitoring and assessments; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services. It also provides AutoDriller to maximize the rate of penetration and bit life; internet solutions, such as auto-aiming satellite dishes, data modems, and bandwidth management software; DAS, a rotary drilling automation and optimization software; Electronic Choke Actuator that controls the choke valve; Gas Analyzer that provides real-time compositional gas analysis; Hazardous Gas Alarm System that detects the presence of hazardous gases; Pit Volume Totalizer, which monitors mud volumes and flow rates during drilling, tripping, and casing operations; and Toolface Control, a directional automation software. In addition, the company provides phone, chat, field, and drilling optimization support, as well as proactive monitoring and office support for data integration. It serves drilling contractors and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.
Looking to invest in Pason Systems Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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PSI.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $1122.908MM
PE Ratio: 11.678
Price: 55.14 (Updated: 3/12/2024 0:47:16)
Pason Systems Inc (PSI) vs Competitors in Oil & Gas Equipment & Services
Lets see how PSI.TO stacks up against others in the Oil & Gas Equipment & Services asset management industry. We have identified its main peers as:CES Energy Solutions Corp, Calfrac Well Services Ltd, Enerflex Ltd, Essential Energy Services Ltd, High Arctic Energy Services Inc
.Oil & Gas Equipment & Services Industry Comparisons
| Company | Market Cap ($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
- Pason Systems Inc (PSI) vs CES Energy Solutions Corp (CEU)
- PSI has higher EPS (1.21 vs 0.56). PSI has higher dividend yield (3.7% vs 2.5%). PSI has a higher P/E ratio (11.678 vs 8.464) indicating it’s more expensive.
- Pason Systems Inc (PSI) vs Calfrac Well Services Ltd (CFW)
- CFW has higher EPS (2.06 vs 1.21). PSI provides dividends, while CFW does not. PSI has a higher P/E ratio (11.678 vs 2.33) indicating it’s more expensive.
- Pason Systems Inc (PSI) vs Enerflex Ltd (EFX)
- PSI has higher EPS (1.21 vs -0.9). PSI has higher dividend yield (3.7% vs 1.2%). EFX has a P/E under 0, indicating PSI (P/E 11.678) is in a better position.
- Pason Systems Inc (PSI) vs Essential Energy Services Ltd (ESN)
- PSI has higher EPS (1.21 vs 0.01). PSI has higher dividend yield (3.7% vs 0.0%). ESN has a higher P/E ratio (40.0 vs 11.678) indicating it’s more expensive.
- Pason Systems Inc (PSI) vs High Arctic Energy Services Inc (HWO)
- PSI has higher EPS (1.21 vs -0.5). HWO has higher dividend yield (5.6% vs 3.7%). HWO has a P/E under 0, indicating PSI (P/E 11.678) is in a better position.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (11.68) than the industry average (11.70), indicating potential undervaluation.
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