Bullboard - Stock Discussion Forum Pason Systems Inc T.PSI

Alternate Symbol(s): PSYTF

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. The Company’s solutions include data acquisition, wellsite reporting, remote communications, Web-based information management, and analytics, enabling collaboration between the... see more

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TSX:PSI - Post Discussion

Pason Systems Inc > Forecast Drilling Activity vs. Lower Share Price ??

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Post by Squint1 on Sep 01, 2022 12:08pm

Forecast Drilling Activity vs. Lower Share Price ??

Shouldn't we be expecting increased gas drilling activity once the U.S. LNG facilites are back fully on-stream. Given the Eurpoean demand and high gas prices, I would expect some pick up in rig activity that would benefit Pason. Any thoughts ?

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