Pason Systems Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Jon Faber
- Full Time Employees
- 940
- Sector
- Technology services
- Industry
- Data processing services
- Address
- 6130 Third Street SE Calgary AB Canada T2H 1K4
- IPO Date
- Jun 28, 1994
- Website
- pason.com
- Similar Companies
- Business
- Pason Systems Inc. provides specialized instrumentation and data management systems for land-based and offshore drilling rigs worldwide. Founded in 1978 and headquartered in Calgary, Alberta, Canada, the company offers a comprehensive suite of hardware, software, and services, including the Electronic Drilling Recorder (EDR) for real-time drilling data; DataHub with Pason Live for secure cloud-based well information hosting and viewing; DAS automation software for faster drilling and reduced equipment wear; Electronic Choke Actuator (eChoke) for remote choke valve control; Gas Analyzer for hydrocarbon and CO2 detection; Hazardous Gas Alarm System (HGas) for safety alerts; Mud Analyzer for real-time drilling fluid optimization; Pit Volume Totalizer (PVT) for well control monitoring; Toolface Control for directional drilling efficiency; Communications solutions for rig-to-office collaboration; DataLink for third-party integrations; and additional rigsite tools such as AutoDriller, Rig Display, and SideKick. Through subsidiaries Energy Toolbase and Intelligent Wellhead Systems, Pason extends its offerings to solar and energy storage project modeling software and digital control technologies for oil and gas well installation and operations, respectively. Pason serves exploration and production operators, drilling contractors, and oilfield service companies across Canada, the United States, Latin America, Australia, the Middle East, and other international regions including Argentina, Bolivia, Brazil, Colombia, Ecuador, Mexico, Peru, Dubai, and Saudi Arabia via local offices and a joint venture. In recent developments, Pason acquired the remaining shares of Intelligent Wellhead Systems in 2024, following its initial minority investment in 2019, and combined Pason Power with Energy Toolbase in 2024 to enhance energy storage software capabilities; the company also reported third quarter 2025 results in November 2025, declaring a quarterly dividend amid ongoing revenue from its drilling rig systems.
Company News
Pason Systems Inc. (PSI:CA) Q1 2026 Earnings Call Transcript
Pason Systems (OTCMKTS:PSYTF) Shares Down 0.1% – Here’s Why
Pason Systems Inc. (PSI:CA) Q4 2025 Earnings Call Transcript
Pason Systems (OTCMKTS:PSYTF) Shares Down 0.3% – What’s Next?
Pason Systems (OTCMKTS:PSYTF) Shares Down 5.8% – Should You Sell?
Pason Systems Inc. (PSI:CA) Q3 2025 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q2 2025 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q4 2024 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q3 2024 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q2 2024 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q1 2024 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q4 2023 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q3 2023 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q2 2023 Earnings Call Transcript
Pason Systems Inc. (PSYTF) Q1 2023 Earnings Call Transcript
Pason Systems Inc. (PSYTF) CEO Jon Faber on Q3 2022 Results - Earnings Call Transcript
Pason Systems Inc. (PSYTF) CEO Jon Faber on Q2 2022 Results - Earnings Call Transcript
RBC Capital Raises Pason Systems Price Target By 5%
Pason Systems Inc. (PSYTF) CEO Jon Faber on Q1 2022 Results - Earnings Call Transcript