Pason Systems Overview
- Year Founded
-
1978
- Status
-
Public
- Employees
-
961
- Stock Symbol
-
PSI
- Investments
-
10
- Share Price
-
$9.20
- (As of Wednesday Closing)
Pason Systems General Information
Description
Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on three strategic business units: The North American (Canada and the United States) and International (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.
Contact Information
Website
www.pason.comCorporate Office
- 6130 Third Street South East
- Calgary, Alberta T2H 1K4
- Canada
Corporate Office
- 6130 Third Street South East
- Calgary, Alberta T2H 1K4
- Canada
Pason Systems Stock Performance
As of 19-Mar-2025, Pason Systems’s stock price is $9.20. Its current market cap is $728M with 79.4M shares.
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $9.20 | $8.99 | $8.17 - $13.65 | $728M | 79.4M | 150K | $1.12 |
Pason Systems Financials Summary
As of 31-Dec-2024, Pason Systems has a trailing 12-month revenue of $302M.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 705,336 | 705,336 | 846,653 | 809,028 |
| Revenue | 301,996 | 301,996 | 273,463 | 257,111 |
| EBITDA | 140,546 | 140,546 | 105,884 | 118,990 |
| Net Income | 88,604 | 88,604 | 72,225 | 82,595 |
| Total Assets | 428,244 | 428,244 | 367,765 | 346,248 |
| Total Debt | 10,742 | 10,742 | 9,793 | 4,074 |
Pason Systems Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Pason Systems Comparisons
Industry
Financing
Details
Pason Systems Competitors (2)
One of Pason Systems’s 2 competitors is Benchmark Data Solutions, a Corporation company based in Calgary, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Benchmark Data Solutions | Corporation | Calgary, Canada | ||||
| Superior Energy Services | Corporation | Houston, TX |
Pason Systems Patents
Pason Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240287889-A1 | Methods, systems, and computer-readable media for performing automated drilling of a wellbore | Pending | 23-Feb-2023 | ||
| US-11499411-B2 | Methods, systems, and computer-readable media for performing automated drilling of a wellbore | Active | 13-Nov-2020 | ||
| US-20230021387-A1 | Methods, systems, and computer-readable media for performing automated drilling of a wellbore | Active | 13-Nov-2020 | ||
| US-20220154571-A1 | Methods, systems, and computer-readable media for permorming automated drilling of a wellbore | Active | 13-Nov-2020 | ||
| CA-3099282-A1 | Methods, systems, and computer-readable media for performing automated drilling of a wellbore | Pending | 13-Nov-2020 | E21B44/06 |
Pason Systems Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Pason Systems Investments & Acquisitions (10)
Pason Systems’s most recent deal was a Corporate with Intelligent Wellhead Systems for . The deal was made on 01-Jan-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Intelligent Wellhead Systems | 01-Jan-2024 | Corporate | Business/Productivity Software | ||
| Intelligent Wellhead Systems | 14-Dec-2022 | Corporate | Business/Productivity Software | ||
| Intelligent Wellhead Systems | 01-May-2021 | Corporate | Business/Productivity Software | ||
| Intelligent Wellhead Systems | 02-Oct-2019 | PE Growth/Expansion | Business/Productivity Software | ||
| Energy Toolbase | 13-Sep-2019 | Merger/Acquisition | Business/Productivity Software |
Pason Systems ESG
Risk Overview
Risk Rating
Updated October, 31, 2024
21.19 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,946
Rank
Percentile
Energy Services
Industry
of 101
Rank
Percentile
Oil & Gas Equipment
Subindustry
of 81
Rank
Percentile
Pason Systems Exits (2)
Pason Systems’s most recent exit was on 31-Dec-2016 from Verdazo Analytics. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Verdazo Analytics | 31-Dec-2016 | Completed |
|
||
| 3PS | 05-Aug-2011 | Merger/Acquisition | Completed |
Pason Systems Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Energy Toolbase | Stuart, FL | 2014 |
Pason Systems FAQs
-
When was Pason Systems founded?
Pason Systems was founded in 1978.
-
Where is Pason Systems headquartered?
Pason Systems is headquartered in Calgary, Canada.
-
What is the size of Pason Systems?
Pason Systems has 961 total employees.
-
What industry is Pason Systems in?
Pason Systems’s primary industry is Other Commercial Services.
-
Is Pason Systems a private or public company?
Pason Systems is a Public company.
-
What is Pason Systems’s stock symbol?
The ticker symbol for Pason Systems is PSI.
-
What is the current stock price of Pason Systems?
As of 19-Mar-2025 the stock price of Pason Systems is $9.20.
-
What is the current market cap of Pason Systems?
The current market capitalization of Pason Systems is $728M.
-
What is Pason Systems’s current revenue?
The trailing twelve month revenue for Pason Systems is $302M.
-
Who are Pason Systems’s competitors?
Benchmark Data Solutions and Superior Energy Services are competitors of Pason Systems.
-
What is Pason Systems’s annual earnings per share (EPS)?
Pason Systems’s EPS for 12 months was $1.12.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
