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Pason Systems Inc T.PSI

Alternate Symbol(s):  PSYTF

Energy Oil & Gas Equipment & Services
Pason Systems Inc. is a Canada-based provider of specialized data management systems for drilling rigs. The Company develops and delivers hardware, software, and services, primarily for the oil and gas drilling industry in 12 countries. The Company’s solutions include data acquisition, wellsite reporting, remote communications, Web-based information management, and analytics, enabling collaboration between the rig and the office. Its products include AutoDriller, Communications, DAS, DataHub with Pason Live, DataLink, Electronic Choke Actuator (eChoke), Electronic Drilling Recorder (EDR), Gas Analyzer, Hazardous Gas Alarm System (HGAS), Pit Volume Totalizer (PVT) and Toolface Control. Through its subsidiary, Energy Toolbase Software Inc (ETB), the Company provides products and services for the solar power and energy storage industry. ETB’s solutions enable project developers to model, control and monitor the economics and performance of solar energy and storage projects.


TSX:PSI - Post by User

Pason Systems Inc > Moving Up Nicely
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Comment by Goldenweston Jan 10, 2023 4:32pm
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Post# 35214336

RE:Moving Up Nicely

RE:Moving Up NicelyPatience is finally paying off. I wonder if there is any news coming. This company is so well run. Perhaps too conservatively sometimes, but their balance sheet is so pristine the risk during any downturn in oil is mitigated to a large degree. Plus lots of upside as if oil moons. Otherwise I'm happy to see capital returned through buybacks and dividends. No hype around this company either. Continues to be my biggest position. Earnings in early March will be interesting to see if they increase the divvy. DYOD/GLTA
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