
TSE:PSI
Oil service company specializing in taking information off the drilling operations. They are extraordinarily good and price their services to be compelling. They make remarkable margins. They are expanding internationally. Very cleaver team. Excellent balance sheet and lots of cash. Very conservative in how they pay out the distribution. Excellent third quarter.
Has broken through its all-time high of $20 a share. Oil services instrumentation company, so they are the link between the people running the rigs and the people monitoring the results. Global leading supplier of oil field services electronic instrumentation equipment. 58% market share in the US. Yield of 2.6% and they have increased the dividend for the past 10 years.
A low risk way of playing oil. They do electronic drill recording, and have 68%-95% market share in the various things they do. Although management says they won’t see a come back in terms of rigs until 2017, this is a safe way to play it. Raised the dividend last year. Have no debt. Dividend yield of 3.92%.