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Pulse Seismic Inc T.PSD

Alternate Symbol(s):  PLSDF

Pulse Seismic Inc. is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns the licensable seismic data library in Canada, consisting of approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. It calculates net kilometers of 2D data and net square kilometers of 3D data by multiplying the number of kilometers of seismic data in each 2D line and the number of square kilometers of seismic data in each individual 3D seismic dataset by its percentage of ownership in each. The Company's library covers the Western Canada Sedimentary Basin (WCSB).


TSX:PSD - Post by User

Comment by gmf1001on Oct 28, 2021 4:27pm
108 Views
Post# 34060662

RE:Strong Q3 2021 Results, Resumes Regular Quarterly Dividends

RE:Strong Q3 2021 Results, Resumes Regular Quarterly Dividends Good to see.  As expected debt down to zero.  Perhaps less expected was an immediate return to (modest) dividends. - ~2.6% based on today's SP, plus a bonuns 2% one-time payout.   It seems like the thinking is be conservative.  We saw the same thing today with TVE - modest base dividend - a little less that I was expecting.  For PSD, I wasn't sure what to expect. No debt to payoff in the coming quarters bodes well for further shareholder gains.  
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