Tuesday, October 27, 2026
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PSI

Pason Systems

TSX · Rig instrumentation · 1 desk piece in archive

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Pason Made $1,078 a Day Off a Flat Rig Count. Completions Gross Profit Was a Penny

On August 11 Pason said second-quarter revenue was $100.8 million and revenue per industry day hit a record $1,078. Adjusted EBITDA was $35.7 million. Net income attributable to Pason was $14.1 million, or $0.18 a share. Completions gross profit was $0.01 million. The dividend is still $0.13, payable September 29. There is no interest-bearing debt.

Aug 28, 2026

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