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Pason Systems Inc. (PSI.TO)

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10.96
-0.25
(-2.23%)
As of 3:58:35 PM EDT. Market Open.

Key Executives

Amounts are as of December 31, 2024 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.
NameTitlePayExercisedYear Born
Mr. Jon Faber C.F.A., CPA, CBV President, CEO & Non-Independent Director 998.78k 264.03k 1979
Ms. Celine Boston Chief Financial Officer 541.22k 50k --
Mr. Bryce McLean Vice President of Operations 541.22k 142.51k --
Mr. Lars Olesen Vice President of Product & Technology -- -- --
Ms. Natalie Fenez VP of Legal & Corporate Secretary -- -- --
Ms. Heather Hantos Vice President of Human Resources -- -- --
Mr. Timur Kuru President & GM of United States 1.04M -- 1975
Mr. Ben Thomas Director of Support Services - United States Business Unit 145k 304.71k --

Pason Systems Inc.

6130 Third Street SE
Calgary, AB T2H 1K4
Canada
403-301-3400 https://www.pason.com
Sector: 
Energy

Description

Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally. The company offers AutoDriller, which delivers smooth payout to maximized rate of penetration and bit life; Communications, a suite of IT solutions that ensures effective collaboration between rig and office; DAS, an automation software delivering faster drilling and reduced wear; DataHub with Pason Live, a cloud service hosting customer well information along with a suite of real-time viewing applications; and DataLink, which connects the drilling data to the real time centres and third party. It also offers Electronic Choke Actuator, which remotely controls the choke valve from the doghouse, rig floor, or other locations on site; Electronic Drilling Recorder, a network of sensors, software, and displays providing real-time drilling data to rig site personnel; Gas Analyzer, which detects changes in relative volume of gases; Hazardous Gas Alarm System, a system that detects the presence of hazardous gases providing visible and audible alerts; Mud Analyzer, an automated rheology measurement in real-time; Pit Volume Totalizer, which measures tank volumes and flow rates from the mud system; and Toolface Control, a directional automation software. In addition, the company provides phone, chat, field, and drilling optimization support services, as well as proactive monitoring and office support services for data integration. It serves drilling contractors and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

Corporate Governance

Pason Systems Inc.’s ISS Governance QualityScore as of April 1, 2025 is 4. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 5; Compensation: 4.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Upcoming Events

May 1, 2025 at 8:00 PM UTC

Pason Systems Inc. Earnings Date

Recent Events

March 31, 2025 at 12:00 AM UTC

Dividend Date

March 17, 2025 at 12:00 AM UTC

Ex-Dividend Date

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