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Pason Systems Inc is currently in a long term uptrend where the price is trading 3.1% above its 200 day moving average.
From a valuation standpoint, the stock is 94.5% cheaper than other stocks from the Energy sector with a price to sales ratio of 4.7.
Pason Systems Inc's total revenue sank by 52.1% to $33M since the same quarter in the previous year.
Its net income has dropped by 120.8% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 115.0% to $-3M since the same quarter in the previous year.
Based on the above factors, Pason Systems Inc gets an overall score of 2/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | CA7029251088 |
Sector | Energy |
Industry | Oil & Gas Equipment & Services |
Beta | 1.09 |
---|---|
Market Cap | 554M |
PE Ratio | 7.22 |
Target Price | None |
Dividend Yield | 4.6% |
Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally. The company offers AutoDriller, which delivers smooth payout to maximized rate of penetration and bit life; Communications, a suite of IT solutions that ensures effective collaboration between rig and office; DAS, an automation software delivering faster drilling and reduced wear; DataHub with Pason Live, a cloud service hosting customer well information along with a suite of real-time viewing applications; and DataLink, which connects the drilling data to the real time centres and third party. It also offers Electronic Choke Actuator, which remotely controls the choke valve from the doghouse, rig floor, or other locations on site; Electronic Drilling Recorder, a network of sensors, software, and displays providing real-time drilling data to rig site personnel; Gas Analyzer, which detects changes in relative volume of gases; Hazardous Gas Alarm System, a system that detects the presence of hazardous gases providing visible and audible alerts; Mud Analyzer, an automated rheology measurement in real-time; Pit Volume Totalizer, which measures tank volumes and flow rates from the mud system; and Toolface Control, a directional automation software. In addition, the company provides phone, chat, field, and drilling optimization support services, as well as proactive monitoring and office support services 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.
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