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Pason Systems PSI.TO · CAD

Energy · Toronto Stock Exchange · 🇨🇦 Canada

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13.73

+2.54%

Close of 9 Nov 2026, in CAD

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About Pason Systems

Its shares trade on Toronto Stock Exchange under the ticker PSI.TO. It has been listed since 28 June 1994. In the fiscal year to 31 December 2025, it reported revenue of C$419.3m and net income of C$53.2m. At that date it held total assets of C$597.0m and shareholders' equity of C$482.2m.

Pason Systems, Inc. engages in the design and production of instrumentation and data management systems for drilling rigs. The company is headquartered in Calgary, Alberta. The firm's geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East. The firm's solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management, and enable collaboration between the rig and the office. The firm's products include Pason Service, Automatic Driller, Choke Control, Electronic Drilling Recorder (EDR), Gas Analyzer, Hazardous Gas Alarm System and DataHub, among others. The firm's rig site products include Rig Communications, Rig Display and SideKick, among others. The firm's data analysis includes DataHub, Directional System, Drilling Guidance System (DGS), Live Rig View (LRV) and LRV Mobile (LRV), among others.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Energy Equipment & Services
Listed since
28 Jun 1994
Employees
678
Website
pason.com ↗

Leadership

Pay as last reported

  • Mr. Marcel KesslerNon-Executive Chairman of the Board, since 2011C$295,076
  • Mr. Jon FaberPresident, Chief Executive Officer, Director, since 2014C$2.2m
  • Ms. Celine BostonChief Financial OfficerC$1.1m
  • Mr. Bryce McleanVice President - OperationsC$998,725
  • Ms. Heather HantosVice President - Human Resources
  • Ms. Natalie FenezVice President - Legal, Corporate Secretary
  • Mr. Kevin BostonVice President - CommercialC$1.2m
  • Mr. Lars OlesenVice President - Product & Technology
  • Mr. Russell SmithVice President - InternationalC$1.2m
  • Mr. Craig ByeVice President - Research & Development, Cloud Platform & Applications
  • Mr. Ryan Van BeurdenVice President - Rigsite Research and Development
  • Ms. Laura SchwinnNon-Executive Lead Independent DirectorC$207,576

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
77
Environment
64
Social
97
Governance
69
Direct emissions (scope 1)
4,713 t
Energy emissions (scope 2)
1,028 t
Women in the workforce
17.12329%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Pason Systems Inc. possesses several strengths that contribute to its competitive advantage:
  • Pason Systems Inc. is known for its commitment to technological innovation, allowing them to stay at the forefront of the oil and gas industry. This enables them to develop and provide cutting-edge solutions that cater to their customer's needs.
  • Pason Systems Inc. holds a significant market share in the oil and gas industry due to its established and recognized brand name. This strong market presence allows them to benefit from customer loyalty and brand reputation.

Weaknesses

  • Pason Systems Inc. also faces certain weaknesses that could hinder its performance:
  • As a company heavily focused on providing services and solutions to the oil and gas sector, Pason Systems Inc. is vulnerable to fluctuations in the industry. Economic downturns and decreased demand could impact their revenue and growth.
  • Pason Systems Inc.'s product portfolio is primarily centered around drilling data management and analytics. While this specialization offers depth and expertise, it also limits the company's exposure to other potentially lucrative markets or industries.

Opportunities

  • Pason Systems Inc. can capitalize on various opportunities to expand its market presence:
  • Pason Systems Inc. can explore new geographical markets beyond its current operations. Expanding into emerging economies or regions with untapped potential can provide access to new customers and revenue streams.
  • Exploring opportunities in related industries, such as renewable energy, could help Pason Systems Inc. reduce its dependence on the oil and gas sector and diversify its product offerings.

Threats

  • Pason Systems Inc. faces certain threats that could impact its performance and market position:
  • As the oil and gas industry evolves, Pason Systems Inc. faces increasing competition from both established companies and new entrants. This competition can potentially reduce market share and put pressure on pricing and profitability.
  • Changing regulations and increased environmental concerns within the oil and gas industry pose challenges for Pason Systems Inc. Compliance with evolving regulations and the need to adapt to sustainable practices may require additional investments and resources.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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