Pason Systems Inc - Company Profile
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Pason Systems Inc (Pason) is a provider of energy services and technology services. The company offers drilling data, drilling intelligence and fluid & gas management solutions mainly for the oil and gas drilling industry. The company’s solutions include data collection, data storage, data visualization, data transport, well placement, drilling safety and efficiency, intelligence and automation, and support services. Pason also offers services that include phone support, chat support, office support for data integration, drilling optimization support, proactive monitoring and field support. The company serves oil and gas companies and drilling contractors worldwide. The company has business presence in the US, Argentina, Australia, Brazil, Colombia, the UAE, Mexico, Ecuador, Peru, and SCADi Arabia. Pason is headquartered in Calgary, Alberta, Canada.
Headquarters
Canada
Address
6130 Third Street SE, Calgary, Alberta, T2H1K4
Website
www.pason.com
Telephone
1 403 3013400
No of Employees
620
Industry
Technology and Communications
Ticker Symbol & Exchange
PSI (TSE)
Revenue (2022)
$257.4M
62.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
218%
(2022 vs 2021)
Market Cap*
$924.3M
Net Profit Margin (2022)
XYZ
96.1%
(2022 vs 2021)
* As of and is in US$
Pason Systems Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Solutions : | Support Services |
| Drilling Data : | Phone Support |
| Data Collection | Chat Support |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired entire shares of Intelligent Wellhead Systems, Inc. |
| 2022 | Acquisitions/Mergers/Takeovers | In December, the company acquired a minority stake in Intelligent Wellhead Systems Inc. |
| 2021 | Corporate Awards | In January, the company received Alberta's Top Employers Award. |
Competitor Comparison
| Key Parameters | Pason Systems Inc | Schlumberger Ltd | Baker Hughes Co | Weatherford International Plc | Precision Drilling Corp |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | United States of America | United States of America | Canada |
| City | Calgary | Houston | Houston | Houston | Calgary |
| State/Province | Alberta | Texas | Texas | Texas | Alberta |
| No. of Employees | 620 | 111,000 | 58,000 | 18,500 | 5,387 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jon Faber | Director; President; Chief Executive Officer | Executive Board | 2020 | - |
| Celine Boston | Chief Financial Officer | Senior Management | 2020 | - |
| Marcel Kessler | Chairman | Non Executive Board | 2020 | - |
| Russell Smith | Vice President - International | Senior Management | 2010 | - |
| Heather Hantos | Vice President - Human Resources | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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