Pason Systems Inc.

PSI-T

Analysis and Opinions about PSI-T

Signal
Opinion
Expert
WAIT
WAIT
December 30, 2019
Monitoring traps on oil and gas wells in Canada. It is a good company and could be an acquisition candidate. It is a cheap stock. It could benefit from the 'January-Effect'.
Show full opinionHide full opinion
Pason Systems Inc. (PSI-T)
December 30, 2019
Monitoring traps on oil and gas wells in Canada. It is a good company and could be an acquisition candidate. It is a cheap stock. It could benefit from the 'January-Effect'.
TOP PICK
TOP PICK
April 12, 2019

A oil and gas service company with a $1.7 billion market cap. Payout ratio of 57%. With oil prices rising they could see cash flow grow by 16% in 2020. He will personally be looking to buy it on Monday. Yield 3.52% (Analysts’ price target is $24.90)

Show full opinionHide full opinion

A oil and gas service company with a $1.7 billion market cap. Payout ratio of 57%. With oil prices rising they could see cash flow grow by 16% in 2020. He will personally be looking to buy it on Monday. Yield 3.52% (Analysts’ price target is $24.90)

TOP PICK
TOP PICK
July 5, 2017

*Short* (Pairs trade with a Long on Trican Well Services (TCW-T)). This one is not a bad business, but the stock is much more expensive and is trading at twice the cash flow multiple that Trican does. There has been quite a bit of insider selling recently. All of a sudden, there is some very strong competitive pressure. Dividend yield of 3.5%. (Analysts’ price target is $21.50.)

Show full opinionHide full opinion

*Short* (Pairs trade with a Long on Trican Well Services (TCW-T)). This one is not a bad business, but the stock is much more expensive and is trading at twice the cash flow multiple that Trican does. There has been quite a bit of insider selling recently. All of a sudden, there is some very strong competitive pressure. Dividend yield of 3.5%. (Analysts’ price target is $21.50.)

PAST TOP PICK
PAST TOP PICK
April 10, 2017

(Top Pick Mar 18/16, Up 19%) An energy services company. They maintained the dividend and are seeing some move up in drills being used.

Show full opinionHide full opinion

(Top Pick Mar 18/16, Up 19%) An energy services company. They maintained the dividend and are seeing some move up in drills being used.

BUY WEAKNESS
BUY WEAKNESS
January 23, 2017

You generally see energy stocks leading a little in anticipation of higher oil prices. Then you see higher oil prices followed by energy services companies. Likes energy services companies, but not sure he would buy at this price. If it pulled back $1-$2, he would be pretty excited. His preferences would be Secure Energy (SES-T) and Canadian Energy Services (CEU-T).

Show full opinionHide full opinion
Pason Systems Inc. (PSI-T)
January 23, 2017

You generally see energy stocks leading a little in anticipation of higher oil prices. Then you see higher oil prices followed by energy services companies. Likes energy services companies, but not sure he would buy at this price. If it pulled back $1-$2, he would be pretty excited. His preferences would be Secure Energy (SES-T) and Canadian Energy Services (CEU-T).

TOP PICK
TOP PICK
March 18, 2016

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%.

Show full opinionHide full opinion

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%.

BUY
BUY
November 27, 2014

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.

Show full opinionHide full opinion
Pason Systems Inc. (PSI-T)
November 27, 2014

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.

HOLD
HOLD
May 20, 2014

Hasn’t owned this for some time and is not his choice in the space. If you want an overall approach to technology and innovations in the oil and natural gas space this is a great one to hold. Has come down in terms of valuations and P/E ratios.

Show full opinionHide full opinion

Hasn’t owned this for some time and is not his choice in the space. If you want an overall approach to technology and innovations in the oil and natural gas space this is a great one to hold. Has come down in terms of valuations and P/E ratios.

TOP PICK
TOP PICK
July 3, 2013

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.

Show full opinionHide full opinion

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.

SELL
SELL
June 26, 2012
Recently lost a contract they were hoping to get with a large US drilling company, which would allow them to add their equipment to that company's equipment. Also lost a small US legal suit. P/E ratio for this year is 12.1 and 10.6 for next year’s so he feels the stock is clearly overpriced.
Show full opinionHide full opinion
Recently lost a contract they were hoping to get with a large US drilling company, which would allow them to add their equipment to that company's equipment. Also lost a small US legal suit. P/E ratio for this year is 12.1 and 10.6 for next year’s so he feels the stock is clearly overpriced.
PAST TOP PICK
PAST TOP PICK
August 26, 2011
(A Top Pick Sept 10/10. Up 7.54%.) Sold his holdings about 3 months ago.
Show full opinionHide full opinion
(A Top Pick Sept 10/10. Up 7.54%.) Sold his holdings about 3 months ago.
TOP PICK
TOP PICK
September 10, 2010
All oil/gas service companies are benefiting from an increase in North American drilling activity. Recently increased semi-annual dividend by 14% giving a 2.7% yield. Earnings are forecast to grow 40% in 2011 giving a 16 PE.
Show full opinionHide full opinion
Pason Systems Inc. (PSI-T)
September 10, 2010
All oil/gas service companies are benefiting from an increase in North American drilling activity. Recently increased semi-annual dividend by 14% giving a 2.7% yield. Earnings are forecast to grow 40% in 2011 giving a 16 PE.
HOLD
HOLD
April 15, 2010
In the very short term, it is terribly expensive. One of the best, pure direct plays on any increase in drilling activity, both in Canada and the US. Debt-free. Superb management.
Show full opinionHide full opinion
In the very short term, it is terribly expensive. One of the best, pure direct plays on any increase in drilling activity, both in Canada and the US. Debt-free. Superb management.
PAST TOP PICK
PAST TOP PICK
February 25, 2009
(A Top Pick Feb 28/08. Down 22.8 %.) Sold in order to raise cash. Still likes.
Show full opinionHide full opinion
Pason Systems Inc. (PSI-T)
February 25, 2009
(A Top Pick Feb 28/08. Down 22.8 %.) Sold in order to raise cash. Still likes.
BUY
BUY
July 16, 2008
Most of the service stocks are being dragged down because of a fear that natural gas will go back to $8.50 or $9. Good opportunity to buy.
Show full opinionHide full opinion
Most of the service stocks are being dragged down because of a fear that natural gas will go back to $8.50 or $9. Good opportunity to buy.
Showing 1 to 15 of 100 entries

Pason Systems Inc.(PSI-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Pason Systems Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Pason Systems Inc.(PSI-T) Frequently Asked Questions

What is Pason Systems Inc. stock symbol?

Pason Systems Inc. is a Canadian stock, trading under the symbol PSI-T on the Toronto Stock Exchange (PSI-CT). It is usually referred to as TSX:PSI or PSI-T

Is Pason Systems Inc. a buy or a sell?

In the last year, there was no coverage of Pason Systems Inc. published on Stockchase.

Is Pason Systems Inc. a good investment or a top pick?

Pason Systems Inc. was recommended as a Top Pick by James Hodgins on 2019-12-30. Read the latest stock experts ratings for Pason Systems Inc..

Why is Pason Systems Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Pason Systems Inc. worth watching?

0 stock analysts on Stockchase covered Pason Systems Inc. In the last year. It is a trending stock that is worth watching.

What is Pason Systems Inc. stock price?

On 2020-09-24, Pason Systems Inc. (PSI-T) stock closed at a price of $5.35.