Company Pason Systems Inc.

Equities

PSI

CA7029251088

Oil Related Services and Equipment

Market Closed - Toronto S.E. 04:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
16.02 CAD -0.80% Intraday chart for Pason Systems Inc. -0.44% -0.93%

Business Summary

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.

Number of employees: 650

Sales per Business

CAD in Million2022Weight2023Weight Delta
Drilling Data
53.8 %
180 53.9 % 199 53.8 % +10.09%
Mud Management and Safety
27.6 %
93 27.9 % 102 27.6 % +9.12%
Analytics and Other
7.5 %
18 5.4 % 28 7.5 % +53.60%
Drilling Intelligence
6.4 %
24 7.1 % 24 6.4 % -1.69%
Communications
4.8 %
19 5.8 % 18 4.8 % -8.49%

Sales per region

CAD in Million2022Weight2023Weight Delta
North America
78.5 %
275 82.0 % 290 78.5 % +5.53%
International
17.3 %
53 15.9 % 64 17.3 % +19.92%
Global
4.3 %
7 2.2 % 16 4.3 % +118.15%

Managers

Managers TitleAgeSince
Chief Executive Officer - 14-02-28
Director of Finance/CFO - 20-11-29
Chairman 57 11-11-06
Chief Tech/Sci/R&D Officer - 98-12-31
Chief Operating Officer - 10-12-31
Human Resources Officer - 10-12-31
General Counsel - 16-12-31
Corporate Officer/Principal - 01-12-31
Corporate Officer/Principal - 10-08-31
Corporate Officer/Principal - 10-06-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 77 12-08-14
Director/Board Member 62 23-01-08
Director/Board Member 65 15-02-25
Chairman 57 11-11-06
Director/Board Member 59 19-08-07
Chief Executive Officer - 14-02-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 79,493,854 79,249,854 ( 99.69 %) 0 99.69 %

Shareholders

NameEquities%Valuation
Fidelity Management & Research Co. LLC
10.15 %
8,076,576 10.15 % 93 M $
Sprott Asset Management USA, Inc.
1.358 %
1,080,000 1.358 % 12 M $
Joh. Berenberg, Gossler & Co. KG (Investment Management)
0.4235 %
336,924 0.4235 % 4 M $
IA Clarington Investments, Inc.
0.2640 %
210,000 0.2640 % 2 M $
AllianceBernstein Ltd.
0.2601 %
206,922 0.2601 % 2 M $
ATB Investment Management, Inc.
0.2214 %
176,153 0.2214 % 2 M $
I. G. Investment Management Ltd.
0.2054 %
163,400 0.2054 % 2 M $
Franklin Templeton International Services SARL
0.2035 %
161,903 0.2035 % 2 M $
UBS Asset Management (Canada) Inc.
0.2011 %
160,000 0.2011 % 2 M $
Arrow Capital Management, Inc.
0.1828 %
145,400 0.1828 % 2 M $

Company contact information

Pason Systems, Inc.

6130 Third Street SE

T2H 1K4, Calgary

+403-301-3400

http://www.pason.com
address Pason Systems Inc.(PSI)
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