Pason Systems Inc.

Toronto Stock Exchange PSI.TO

Pason Systems Inc. Receivables for the year ending December 31, 2023: USD 50.29 M

Pason Systems Inc. Receivables is USD 50.29 M for the year ending December 31, 2023, a -20.53% change year over year. Receivables are the amounts owed to the company by customers for goods sold or services rendered.
  • Pason Systems Inc. Receivables for the year ending December 31, 2022 was USD 63.28 M, a 26.88% change year over year.
  • Pason Systems Inc. Receivables for the year ending December 31, 2021 was USD 49.88 M, a 42.68% change year over year.
  • Pason Systems Inc. Receivables for the year ending December 31, 2020 was USD 34.95 M, a -41.30% change year over year.
  • Pason Systems Inc. Receivables for the year ending December 31, 2019 was USD 59.55 M, a -19.95% change year over year.
Key data
Date Receivables Inventory Goodwill Total Assets
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Toronto Stock Exchange: PSI.TO

Pason Systems Inc.

CEO Mr. Jon Faber C.F.A., CPA, CBV
IPO Date Jan. 23, 1998
Location Canada
Headquarters 6130 Third Street SE
Employees 678
Sector Energy
Industries
Description

Pason Systems Inc., an energy services and technology company, provides data management systems for drilling rigs in Canada, the United States, and internationally. The company offers Electronic Drilling Recorder, which monitors and records drilling operations around the rig; DataHub for storing data and information collected from the rig for on-demand retrieval; DataLink service provides direct connection interfaces for IT systems and analytics tools; Pason Live for monitoring rig operations in real-time using desktop computers or mobile devices; and daily and end-of-well KPI reports provide visual statistics on rig performance. It also provides Drilling intelligence to suggest drilling parameters, detect disfunction, and send event alerts to onsite personnel and remote engineers in real time; and Drilling automation, a reality across rig platforms. In addition, the company offers Pason Gas Analyzer for real-time gas measurement; a robust system of alarms and sensors to monitor ambient gasses in the atmosphere and in the drilling fluids; and Pason Pit Volume Totalizer to track the volumes, gains, and losses of drilling fluids on location. Further, it provides field support, monitoring, drilling optimization, and office support for data integration. The company serves E&P operators, drilling contractors, and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

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StockViz Staff

January 15, 2025

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