RECENT NEWS
Ex-Div Reminder for Pason Systems
Forbes  Mar 11  Comment 
On 3/13/13, Pason Systems, Inc (Toronto: PSI) will trade ex-dividend, for its semi-annual dividend of $0.13, payable on 4/1/13. As a percentage of PSI's recent stock price of $16.76, this dividend works out to approximately 0.78%, so look for...
US AutoDriller Litigation continues in Texas
OilVoice  Dec 7  Comment 
Pason Systems Inc. TSX PSI announced today that a new complaint has been filed in the ongoing patent dispute with the Company39s primary competitor around the Company39s automatic driller pro
Pason's profit rises; cuts capex on weak drilling in N. America
Reuters  Aug 3  Comment 
Oilfield services provider Pason Systems Inc's profit rose modestly on higher drilling in the second quarter, but the company cut its capital expenditure for the next 12 months as it expects North American drilling to slow down.
Pason Systems Shares Cross 3% Yield Mark
Forbes  Jun 1  Comment 
In trading on Friday, shares of Pason Systems, Inc (Toronto: PSI) were yielding above the 3% mark based on its semi-annual dividend (annualized to $0.44), with the stock changing hands as low as $14.65 on the day. Dividends are particularly...
North American drilling boom drives Pason profit
Reuters  Nov 4  Comment 
Pason Systems Inc posted its biggest ever profit, comfortably beating analysts' expectations, driven by a drilling boom in North America and the oilfield instruments company hiked its half-yearly dividend by 11 percent.
Caisse reduces stake in Pason Systems to 9.39 per cent with sale of shares
Canadian Business  Jan 14  Comment 
MONTREAL - Caisse de depot et placement du Quebec said Friday it has reduced its stake in Pason Systems Inc. (TSX:PSI) 10.01 per cent to 9.39 per
Pason Systems posts $6.5M in Q2 profits, reverses year-earlier loss
Canadian Business  Aug 9  Comment 
CALGARY - Oilfield services company Pason Systems Inc. (TSX:PSI) credited a rebound in the petroleum drilling industry Monday as it reversed a
Pason Systems posts Q2 profit on strong US market
Reuters  Aug 9  Comment 
Pason tops estimates
Upstream Online  Feb 24  Comment 
Calgary-based Pason Systems Inc , a provider of specialised rental oilfield instrumentation systems, posted a surprise quarterly profit helped mainly by lower costs.




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